Wall Street Breakfast: Must-Know News [View article]
Big deal. 10 billion is really nothing in the grand scheme of things. I'm glad the govt. is theoretically losing this amount. After the mafia tactics the govt. used last fall, making an offer the banks couldn't refuse, it's nice to see some payback. I own preferred stock in Old National Bank. and I sleep like a baby collecting my big dividend.
10 Reasons Why We Still Haven't Hit Bottom [View article]
I laugh when people say that buy and hold does not work. Just pick 3 stocks at the very top of the market in 1972. IBM, Proctor and Gamble and ConEd. You would have made a fortune. With ConEd, those shares you purchased in 1972 would now have a dividend rate of approx. 50%, with todays dividend payout! Try that with bonds or any other kind of income tax-sucking, market timing scheme.
What do you think of MMP? How about NS? These two seem to have the best looking charts out of the pipeline MLP's. BTW, I am very familiar with JPS. I don't own it, I own PDT instead and like it much more than JPS, mostly due to the fact that it has a lot less financial related preferreds in it.
Mark Joseph, I'm confused. None of those MLP's you listed have debt 5 times earnings or less. The only one I could find that meets that criteria is MMP. JPS is a closed end mutual fund, so I think you have a typo on that one.
Wall Street Breakfast: Must-Know News [View article]
The carbon tax is a joke. Global warming stopped ten years ago. Fact is that 1998 was the warmest of the last 10. And besides, what's the big deal, the earth has only increased 1 degree F in the 20th century! Some global warming! It's just a left-wing wealth redistribution scheme.
Wall Street Breakfast: Must-Know News [View article]
Paulson is finally doing the right thing and copying the Swedish solution. Inject money into the banks instead of buying bad paper. I just hope it's not too late, now that he finally is doing the right method.
Wall Street Breakfast: Must-Know News [View article]
Michael Levy need to learn a) the difference between the cash price and the futures price, b) the spelling of the word "gouge", c) the unintended consequences of price controls, i.e. shortages, d) simple logic.
Wall Street Breakfast: Must-Know News [View article]
dectra said.."So much for bush's "strong dollar" policy....what a putz. Worst. President. Ever."
I see the BDS afflicted (Bush derangement syndrome) have shown up. Too bad you can't see the socialism that your favorite candidate will bring. God help us all.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
10 Reasons Why We Still Haven't Hit Bottom [View article]
Nervous About MLPs [View article]
What do you think of MMP? How about NS? These two seem to have the best looking charts out of the pipeline MLP's. BTW, I am very familiar with JPS. I don't own it, I own PDT instead and like it much more than JPS, mostly due to the fact that it has a lot less financial related preferreds in it.
Nervous About MLPs [View article]
Wall Street Breakfast: Must-Know News [View article]
Citigroup: Too Big to Sell - At Least All at Once [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
I see the BDS afflicted (Bush derangement syndrome) have shown up. Too bad you can't see the socialism that your favorite candidate will bring. God help us all.