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JAMES CARLINI

JAMES CARLINI
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  • Wall Street Breakfast: Restrictions Imposed On Citigroup's Hedge Fund Sales [View article]
    The problem with SEARS goes back over 15 years ago. Their clothing lines reflected the 1950s and yet we were already in the late 1990s. I remember having some mid-level managers from SEARS in my grad classes and they even said that the clothing was not "stylish". The Buyers were told not to buy anything unless they themselves would wear the clothes. People were not buying clothes at SEARS even back in the 1990s. Tools yes - but that was about it.

    Sears lost its connection to its customer base.
    Aug 22 02:26 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Restrictions Imposed On Citigroup's Hedge Fund Sales [View article]
    Sears - what a disappointment. Gone from a solid company to who knows what?

    They have lost their luster..a LONG time ago.
    Aug 22 07:18 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: BofA Expected To Pay $16.5B Mortgage Settlement [View article]
    BlueOkie and Wyo-

    As more facts trickle out, the case against the cop becomes more and more a pipedream. I read where he suffered major damage to his eye socket and that is NOT from a person "fleeing" or "surrendering with his hands up."

    Let's stop the charades and let the investigation take its course. People will still claim "he was running away and he got shot in the back" even when the facts and autopsy disprove these statements which always get generated by people who cannot see beyond their own racial bias.

    And what about the demand to police to "sacrifice one of your own"? That's not justice that's a lynch mob. Funny how that doesn't get reported by the Mainstream Media.
    Aug 21 10:13 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: BofA Expected To Pay $16.5B Mortgage Settlement [View article]
    gggi

    New car prices are BIG MONEY. What you used to get for $30K is now $40K. You don't get much of a new car for $20K-$25K

    A new Maxima or Ford Taurus is around $40K. Anything in a more "luxury" mode is $80K -$125K. Audi, BMW, Lexus, Jaguar - you're not going to find anything new at $25K-$30K.

    If you overlay the salaries in the same time periods you are talking about, more people were making $60K-$120K a year. Now, with more foreign labor coming in and jobs contracting, many of those people who were between $60K-$120K are at $36K to $60K - if they are lucky.

    Most people who I know are hanging onto cars and if they are having to get a new car, it is a used car - not new.

    A lot of people used to turn over cars every two-three years. Those days are long gone for the most part.
    Aug 21 07:58 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: BofA Expected To Pay $16.5B Mortgage Settlement [View article]
    Car parts are a big business and when more people are deciding to "fix their car" versus buying a new one, they are finding out parts are high.

    Let's say you need a couple of parts. You find out the cost of the parts plus the cost to put them in is $3,000 to $4,000. You might think - I might as well buy a new car.

    More people are going to salvage yards to get parts and the price difference can be HUGE. I got a $2495 part (the main computer processor in the car) for $100 at the junk yard. That makes a big difference as to keeping the car.(and saving money)
    Aug 21 06:56 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: BofA Expected To Pay $16.5B Mortgage Settlement [View article]
    So Bank of America has to lay out $16 Billion. How much is that compared to all the money that was drained out of markets from those fraudulently rated Bonds? 5%? 1%? .00005% Fines mean nothing. If it was a LOT of money, don't you think their law firms would be fighting it in court? Asking for a reduction?

    This isn't a case where the person who spilled a $2 cup of coffee was awarded a $95 Million settlement and the restaurant chain goes back in to ask for a reduction of the settlement.

    $16 Billion in the grand scheme of things is like asking for change back on the dollar for a 99 cent item.

    Keep the change - send some of the execs to jail. For a LONG time.
    Aug 21 06:48 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: Argentina Looks To Swap Debt For New Notes [View article]
    BOB 123

    Yes Bob - Witnesses, like the woman who claims he was shot while fleeing and the autopsy beyond a shadow of a doubt show ALL the bulletholes entering the FRONT of the body. No credibility in THAT witness.

    The only good thing about Ferguson (for some people) is that it acts as a big diversion to bigger national issues as well as takes the spotlight off the chronic street violence in Chicago (Chiraq).

    Funny how they lead with Ferguson and then as an after-thought they talk about the all-black little league team from Chicago who are doing a REALLY good job in making something out of themselves. The public is starving for more positive stories and role models. Nothing in Ferguson but the ignition of racial tension that was closed down decades ago but now seems to be flaring up again.

    Wait til the toxology report comes out. Again, too many making conclusions before all the facts are in.
    Aug 20 01:19 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Argentina Looks To Swap Debt For New Notes [View article]
    berbno1
    You read too much politically correctness into Josey Wales. That movie is just the opposite of what you jabber about.

    Josey Wales didn't take any crap and would take on anyone. He didn't buy into the government and their "grand plans."

    Evidently you never watched the agreement he had with Ten Bears- he didn't promise anything that they didn't already have. He wasn't promising a blanket for squaw and a horse for every male. There were no "handouts".

    Josey Wales was more like a Conservative saying - live and let live together - OR DIE together. Ten Bears had it right when he said -"It is sad that governments are chiefed by the double tongues."

    Better re-watch it. There is NO politically correctness in that movie. And if you think there is, you have been indoctrinated (and blinded) by liberal-osis. The disease of those who cannot see the truth - even when it is in front of them.
    Aug 20 01:03 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Argentina Looks To Swap Debt For New Notes [View article]
    gggi
    Hindsight is always 20/20.

    We are at where we are at with the leadership we have. They better realize that ISIS is a real threat, and threats should be neutralized. That is said in a nice politically correct way.

    Being politically accurate, the statement should be, "See that squadron of A-10s flying in low? They ain't going to be whistlin' Dixie."

    We should send them some educational films on American culture. Patton and the Outlaw Josey Wales would be a good start. They might have second thoughts about coming here to cause trouble.

    Aug 20 08:14 AM | 12 Likes Like |Link to Comment
  • Wall Street Breakfast: BHP Billiton To Spin Off Assets [View article]
    I'm surprised Deutsche Bank hired two Technology execs. Only a couple of years ago they were thinking of shutting down all US operations. Evidently, their profitability lies more here than in Europe and they have to comply with US reg issues in order to stay. They better get more than two people to turn their tech around.
    Aug 19 07:33 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: eBay Payments Unit Mulls Accepting Bitcoin [View article]
    The BIG news today is Samsung buying out the company SmartThings.

    Watch what happens with this acquisition. The Internet of Things (IoT) is more than a buzzword. Companies are positioning themselves to go from 10 Billion wireless devices today to 30Billion to 75 Billion devices by 2020 (depending on whose prediction you buy off on)

    No one has a corner on talent, innovation or creativity (including Apple). By buying an innovative company now, Samsung could have cut the development time for new products by a couple of years.
    Aug 15 08:54 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: General Electric In Talks To Sell Appliance Business [View article]
    WOW Wyostocks,

    You have put a lot of weight on your comment by repeating it.

    That must be a new approach for raising the awareness on SA.
    Aug 14 07:45 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: General Electric In Talks To Sell Appliance Business [View article]
    CISCO cutting out 6,000 people is not a positive sign of the economy. If anything, they should be adding on people and companies should be upgrading their networks.

    Without new capabilities and applications, network engineers quickly become network janitors just "maintaining" the old system and not adding next-generation features.
    Aug 14 07:32 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Amazon Unveils Mobile Credit Card Reader [View article]
    Mo Zii-
    The algorithms they use are very, very precise. If they get out-of-whack or detect something "abnormal" they go into a trading frenzy and once that happens it creates a huge vortex of transactions that can take the whole stock market down. That is why I am concerned.

    Great example - the day of the 1000+ point drop, those who held Apple got screwed because the market crashed so fast ALL the stop orders they had on their stocks were executed. Say you bought Apple at 45 and it was then trading at 90 - and you had a stop order at 75 or 80. If the market drove the stock past your stop order, it would have automatically triggered it to sell AND you would be hit with the capital gains tax on the growth from 45 to 90.

    Then if you wanted to buy it back, you had to buy it at the price of the day - 85? 90? and be liable to pay the capital gains.

    There are a lot of reasons to be wary of HFT trading.

    When it works, it works very well, but when there is a glitch it works extremely well to kill the market and there is no recourse. As an individual trader, you are going to go to the Exchange and ask for a "do-over" because your stock got triggered and it sold leaving you with a capital gains liability? NO - you are told, pay up.

    And just think if the government could cause a quick "hiccup" like that and automatically be able to harvest a HUGE amount of capital gains tax from the freak, one day plummet to cover their own "shortfalls"?

    Think THAT couldn't happen? Then, you don't know technology.
    '
    Aug 13 10:41 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Amazon Unveils Mobile Credit Card Reader [View article]
    Bob123
    I gave you a LIKE on your suggestion. I agree. It is like paying for a special express lane on the Highway. Same concept.

    Want the edge? Pay for it.
    Aug 13 09:27 AM | Likes Like |Link to Comment
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