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  • How Warren Buffett's Misunderstanding Of QE Left Billions On The Table  [View article]
    Buffet probably took the cash from the liqidated bonds and put it in stocks. So how did he do on the stocks?
    May 4, 2015. 10:40 AM | 3 Likes Like |Link to Comment
  • Investor Insanity Regarding the Coming General Motors IPO  [View article]
    Beware of bankers bearing gifts.
    Aug 17, 2010. 08:23 AM | Likes Like |Link to Comment
  • Why Whitney Tilson Is Wrong About BP  [View article]
    How can it be that our creative and free press describes the "GUSHER FROM HELL" or the "MOTHER OF NIGHTMARE GUSHERS" as a "spill"? They all use the same innocuous word!
    Jun 25, 2010. 06:46 PM | 1 Like Like |Link to Comment
  • Toyota (TM) switches from "sorry" to sales, rolling out new ads emphasizing the ongoing loyalty of Toyota customers. Critics say it's way too soon for the beleaguered firm to try to push past safety concerns.   [View news story]
    When you look at the way that they dealt with customers on engine sludge and acceleration, they are as sorry as a career criminal might be after he is caught.
    Mar 8, 2010. 08:34 AM | 1 Like Like |Link to Comment
  • Lowe's (LOW): Q4 EPS of $0.14 beats by $0.02. Revenue of $10.1B (+1.7%) vs. $10B. (PR)   [View news story]
    "Beats by $0.02", Wow. How about "2ed worst quarter in 3 years"?
    Feb 22, 2010. 08:13 AM | Likes Like |Link to Comment
  • Toyota (TM) turns down a Japanese government energy efficiency award for its Prius, saying accepting the award would be inappropriate given the current recalls.   [View news story]
    Feb 10, 2010. 03:50 PM | Likes Like |Link to Comment
  • New York could see an inch of snow per hour, but the NYSE (NYX) has no plans to close early, and CME Group (CME) says the futures exchange is running normally.   [View news story]
    Feb 10, 2010. 03:46 PM | 1 Like Like |Link to Comment
  • Does Toyota Have a Credibility Problem?  [View article]
    A company reduces the cooling capacity of its vehicles because the emission and fuel economy numbers are better when the engine runs at higher temperatures. Thousands of people have their engines seize up from the higher temperatures breaking down the oil into sludge. The company says for years that they do not have a problem and victims are told that $8000 engine job is their responsibility. Victims complaining on the internet are accused of lying and told that they are stupid. The company decides to take care of the problem when several states plan a class action suit.
    People cannot stop the car and are crashing at 100 mph? We do not have a problem. They do not know how to handle their floor mat. Give them a new floor mat. No! Then it must be the company that makes gas pedal! Give them a new pedal.
    Looks like superior engineering to me!
    How can you love these guys?
    Feb 6, 2010. 09:42 PM | Likes Like |Link to Comment
  • Jan. Nonfarm Payrolls: -20K vs. consensus of flat. Dec. revised to -150K from -85K. Unemployment 9.7% vs 10.1% expected. Avg. hourly earnings +$0.05 to $18.89. Workweek +0.1 hour to 33.3.   [View news story]
    Payrolls drop and the employment rate drops. We have an answer for everything! Bring in the clowns!
    Feb 5, 2010. 08:45 AM | Likes Like |Link to Comment
  • Toyota: How Giants Stumble  [View article]
    Born & Raised by Americans
    Educated & Trained by Americans
    Made All Your Money from Americans
    Made by Americans not Good Enough for You? How many nice American families have to lose good jobs?

    There is no beauty in the finest cloth, if it brings unemployment and misery!

    The United States has to borrow another 1.5 billion dollars each day from foreigners just to finance our appetite for imports. Your behavior causes our dollars to lose value!
    Jan 31, 2010. 10:34 AM | 1 Like Like |Link to Comment
  • Toyota: How Giants Stumble  [View article]
    “Beginning around 1999, thousands of Toyota owners complained about mysterious "sludge" buildup that wrecked their engines” …… an internet goon squad attacked complaining people: calling them “stupid” and “liars”!
    Jan 31, 2010. 10:14 AM | 5 Likes Like |Link to Comment
  • The Senate votes 70-30 to confirm Ben Bernanke for a second term as Fed chairman, just before Sunday's end to his term.   [View news story]
    "Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary."
    Alan Greenspan, July 30, 1998.

    The client world pays up precisely in proportion to
    how bamboozled it is by unnecessary complexity and
    this, among other negatives, is what the fancy new
    instruments were offering: confusion, doubt, and bamboozlement. Jeremy Grantham
    Jan 28, 2010. 11:04 PM | 1 Like Like |Link to Comment
  • The Senate votes 70-30 to confirm Ben Bernanke for a second term as Fed chairman, just before Sunday's end to his term.   [View news story]
    Time magazine’s PERSON of the YEAR. Predator Banker magazine’s PERSON of the DECADE!
    He enabled bankers to swindle school districts, sewer districts, charitable organizations, towns, cities, and millions of individual investors. Hats off to the greatest fund raiser of all time! He got every single American to donate to the bankers’ cause! Almost every banker got his bonus! All of us bankers do not know what we would have done without you! Thanks for keeping almost all of us out of jail! Thanks for the bonuses! Hoping for 4 more great years of working with you! Congratulations Ben! You’re the best!
    Jan 28, 2010. 10:56 PM | 1 Like Like |Link to Comment
  • Paying full price on AIG's (AIG) credit default swaps was the right choice, Geithner will tell a congressional panel later today. Protracted demands for concessions could have triggered devastating credit downgrades, causing an AIG collapse with 'catastrophic' consequences for the economy.   [View news story]
    How does a defunct company that is taken over and backed by the US Government get devastating credit downgrades? Can that tax cheat slither out of the situation that easy?
    Jan 27, 2010. 08:08 AM | 2 Likes Like |Link to Comment
  • How the Senate Bill Would Change Healthcare  [View article]
    I'm sure that when this "reform legislation" becomes law, the corporations will have their interests satisfied. Corporations will have many great new income opportunities and the American people will continue to be financially mugged by the "health care community."
    Dec 24, 2009. 10:18 AM | 3 Likes Like |Link to Comment