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citizenleung

citizenleung
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  • Obama's Loss Is the Economy's Gain [View article]
    Wow. You make Kudlow sound like a commie.

    Thanks for the laughs.
    Sep 6, 2010. 11:56 PM | 4 Likes Like |Link to Comment
  • 4 Reasons to Sell Dividend Stocks [View article]
    Don't let it drive you to distraction. Merely smile smugly knowing that you invest more wisely than the traders.
    Aug 26, 2010. 09:08 PM | 4 Likes Like |Link to Comment
  • Wal-Mart (WMT +1.8%) shareholders may be pleased but many of its customers will get a rude awakening once they realize that price rollbacks have ended. But other than returning to "everyday low prices," CFO Tom Schoewe's comments indicate that its only strategy is to ride out the economy.  [View news story]
    Maybe Wal-Mart has finally cut its margins to the bone. It had to happen sometime.

    I'm not sure about Wal-Mart's "everyday" low prices, though--I've always saved more at Kroger and Safeway for groceries and at Target for many other items.
    Aug 17, 2010. 02:19 PM | 1 Like Like |Link to Comment
  • Looks like the market thinks Dell (DELL -1.1%) overpaid for 3Par (PAR +86.3%), after agreeing to purchase the company at an 86% premium. An "extraordinary" act by a firm trying to "buy it's way out of trouble": 3Par has never traded above $13.67 since it went public, and it lost $1.8M in Q3 on revenue of only $54M.  [View news story]
    Come on, Dell--liquidate the company and return the money to the shareholders already.
    Aug 16, 2010. 03:54 PM | Likes Like |Link to Comment
  • To Blackstone's Stephen Schwarzman, the battle over taxes on private equity firms is “like when Hitler invaded Poland in 1939."  [View news story]
    How I wish what Schwarzman claims was actually true. The world would be a (slightly) better place.
    Aug 16, 2010. 10:56 AM | Likes Like |Link to Comment
  • The FHA is raising its mortgage standards, with requirements like larger down payments and higher credit scores. Normally this would be a good thing, but since the majority of buyers are first-time home buyers using FHA financing, the FHA's timing could have a pretty big impact on the still-anemic housing market.  [View news story]
    First time buyers should thank their lucky stars at the low rates. If they need help beyond that, they should be renting.

    The suggestion that the FHA's timing could have a "pretty big impact" is laughable. The only effect is that there will be better loans.
    Aug 15, 2010. 02:16 PM | 12 Likes Like |Link to Comment
  • KC Fed President Thomas Hoenig: Lashes out at monetary policy (a "dangerous gamble" in a moderate-growth environment). The recovery's got legs and is moving faster than the last two, and he finds "no evidence that deflation is the most serious threat to the recovery today." Using Fed policy as a "cure-all" for all problems risks repeating the cycle of severe recession and unemployment.  [View news story]
    If it is so easy to prosecute these people and put them in prison, they wouldn't have done what they did. The Supremes unanimously overturned Skilling's fraud conviction.
    Aug 13, 2010. 04:22 PM | 1 Like Like |Link to Comment
  • An influential technology analyst says Apple (AAPL +0.7%) needs to start returning some of its $46B cash hoard to shareholders through a regular dividend or share repurchases. Apple's likely response: Microsoft (MSFT) pays a dividend. We do not want to be Microsoft.  [View news story]
    How long does it take for Apple to make an amount equal to Border's market cap ($72.54M)?
    Aug 12, 2010. 04:28 PM | Likes Like |Link to Comment
  • The Bipolar Economy [View article]
    The financial system broke from lack of regulation. Is that friendly to business? Certainly not in the long term.

    Regulation can do banks much good. They have no business making as much money as they do pushing papers around and generating nothing of value.
    Aug 12, 2010. 04:19 PM | 1 Like Like |Link to Comment
  • The Justice Department asks Hewlett-Packard (HPQ -1.6%) to provide internal records in connection with an international probe of allegations that the company paid bribes in Russia.  [View news story]
    How does investigating bribery make capitalism look bad? Please explain.
    Aug 12, 2010. 03:36 PM | Likes Like |Link to Comment
  • Dell's Streak Shows How to Stay Relevant in an iDevice World [View article]
    Dell's Streak will do as well as a streak in one's underpants.
    Aug 11, 2010. 02:20 PM | 1 Like Like |Link to Comment
  • The Treasury approves mortgage-assistance proposals submitted by North Carolina, Ohio, Oregon, Rhode Island and South Carolina, and will be sending the states $600M to help up to 50K unemployed homeowners avoid foreclosure.  [View news story]
    Come on, South Carolina, let's see you reject this federal money. If you don't, you're a hypocrite.
    Aug 4, 2010. 09:01 AM | 1 Like Like |Link to Comment
  • Economist John Taylor is skeptical of a new paper claiming government stimulus measures helped avert a depression, finding there's "a bit of implausibility to the whole case," especially given the repercussions of the country's growing debt. (see also)  [View news story]
    Taylor claims that TARP and the stimulus are “not creating a strong recovery.” Would there be any recovery to speak of without them? Taylor certainly did not give any insight into that.

    Critics claim that the stimulus did not do much good. However, they also claim that the economy will do a double dip once the government's stimulative policies wind down. Which is it?

    Critics claim that the bank bailouts benefited the banks more than the people. However, what good with a crippled, non-functioning financial system be for anyone, including Main Street? Which is it?

    You can't have it both ways.
    Aug 3, 2010. 09:48 AM | 1 Like Like |Link to Comment
  • 20 Phones on 4 Carriers Outsold 1 Phone on 1 Carrier? Shocking [View article]
    The comparison is between operating systems, not phones.

    Both Apple and Google will do great.
    Aug 3, 2010. 09:38 AM | 2 Likes Like |Link to Comment
  • Shares of McDermott International (MDR -45.6%) are tanking after the company announces it completed the spin-off of its power generation systems and government operations segments, and is now a stand alone engineering and construction company focused on the offshore global oil and gas market. (PR)  [View news story]
    Did SA report that BRK.B lost 98% of its value when it split 50:1?
    Aug 2, 2010. 10:36 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
259 Comments
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