bridanp2

Citi Finally Sells Phibro

27% seems a little (okay very) excessive, but if that's what they signed up for, they should have had to pay. According to the release, they basically just dumped it to Occidental, and the only real return is that they don't have to pay those enormous salaries.

Long Term Investing Appears to Have Gone Out of Fashion

Looking at the chart, I don't see much difference since 1990. The difference in 2 years and 6 months isn't much at all. Appears to me that the change really took place between '75 and '85 when the average fell from 6 years to 2 years. So we've been "speculating" for quite some time.

Michelle Caruso-Cabrera, Charlie Gasparino Bash Finance Blogs

I'm getting to where I can't stand these people. They try and interview people, but end up having the interviewees bashing each other with no moderated control whatsoever. Anyone catch that High Frequency Trading segment yesterday? Sheesh! Couple of days before that, they went on and on about Brooklyn Decker and her segment coming up. I think it took at least 2 hours before the segment aired, and it was just about a Swimsuit app for the iPhone. Come on! Is that app really going to push Apple's stock price higher or lower? Waste of time....

TV in Trouble: Online Ad Rates Exceed Broadcast

Those Hulu ads are so much better than regular television ads (as in not too many of them and quicker). We closed our satellite subscription back around Christmas and now watch what we want on Hulu or Netflix via Xbox 360.

eBay: Donahoe May Kill the Kijiji Brand

Hmmmm, for some reason eBay had already killed it. Why would you want to promote a site that does what your main site does, but for free?