squawk's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/61791/comments http://seekingalpha.com/article/173186-why-oracle-should-leave-europe-a-look-at-the-numbers?source=feed#comment-763219 763219
Dennis - You apparently are not a strategic thinker. You think Larry Ellison thinks as short term as you do?]]> Tue, 17 Nov 2009 06:33:18 -0500
Dennis - You apparently are not a strategic thinker. You think Larry Ellison thinks as short term as you do?]]> http://seekingalpha.com/article/151156-despite-its-recent-run-up-the-djia-isn-t-expensive?source=feed#comment-602136 602136
Fellow alum.


On Jul 25 01:30 PM HATEFEEBAY wrote:

> As a trader that trades nearly $10 Million a month in my home, I
> am literally buying physical silver, silver stocks and DXD against
> the DJIA. This is CLEARLY a bear rally, no forward earnings, unemployment
> increasing where revenues will shrink, the US printing money both
> literally and figuratively monetizing the debt to levels not seen
> in history, the US dollar is GONE, I want nothing to do with it and
> I am an American, a very scared one. Finance is my gig, Wharton Alumni
> Class of 2003, look me up and one that has done well even in this
> mad market, but this market is WAY OVERSOLD and it should be at 7000
> IMHO and I am shorting it because of quantifiable metrics will come
> into play and this economy will tank thanks to Obama and Company
> and all their idiotic policies. Going forward, I will not live in
> the US much longer and I have been overseas a lot and this country
> is socialism and rewarding people for not working-a very sad time
> in our country, perhaps the saddest yet. Gary]]> Sat, 25 Jul 2009 19:26:53 -0400
Fellow alum.


On Jul 25 01:30 PM HATEFEEBAY wrote:

> As a trader that trades nearly $10 Million a month in my home, I
> am literally buying physical silver, silver stocks and DXD against
> the DJIA. This is CLEARLY a bear rally, no forward earnings, unemployment
> increasing where revenues will shrink, the US printing money both
> literally and figuratively monetizing the debt to levels not seen
> in history, the US dollar is GONE, I want nothing to do with it and
> I am an American, a very scared one. Finance is my gig, Wharton Alumni
> Class of 2003, look me up and one that has done well even in this
> mad market, but this market is WAY OVERSOLD and it should be at 7000
> IMHO and I am shorting it because of quantifiable metrics will come
> into play and this economy will tank thanks to Obama and Company
> and all their idiotic policies. Going forward, I will not live in
> the US much longer and I have been overseas a lot and this country
> is socialism and rewarding people for not working-a very sad time
> in our country, perhaps the saddest yet. Gary]]> http://seekingalpha.com/article/148257-california-s-pension-education-costs-out-of-control?source=feed#comment-585984 585984 Mon, 13 Jul 2009 12:55:23 -0400 http://seekingalpha.com/article/132089-bespoke-s-sector-snapshot?source=feed#comment-473902 473902 Thu, 23 Apr 2009 08:28:11 -0400 http://seekingalpha.com/article/129283-opportunities-for-tech-dividends?source=feed#comment-451513 451513
"Contrarily, there are few other companies that have not had any favorable dividend policy. The argument for no dividends has been that they need cash for continued innovation and growth. In this third group, the prominent ones that have not paid dividends are Cisco (CSCO), Apple (AAPL), Google (GOOG), Oracle (ORCL), EMC Corp (EMC), eBay (EBAY), and Dell (DELL). Keen observer will note that majority are these companies are from hardware sector."

While I'll admit I skimmed over the last paragraph. I did so because I had already encountered two references in the article to categorizing ORCL as a non-dividend paying stock:: 1st in the table; 2nd in the 3rd paragraph in the article. Accept my apologies for skimming over the last paragraph identifying ORCL's dividend announcement.

But then I have to ask you, why didn't you clean up the article to make it consistent? Don't you think you have a duty, if you wish to call yourself a journalist, to correct the mistatements in your article, particularly when there remains such an inconsistency? Who's smart?

On Apr 03 04:56 PM Dividend Tree. wrote:

> not so smart, squawk
> I did mention ORCL's dividend announcement immediately after"Third
> Group". it is the first sentence in that para.
>
> Momintn:
> I like IBM too. It has adapted very well in last decade or so. From
> a pure hardware play to software tech and services....]]> Sat, 04 Apr 2009 02:54:16 -0400
"Contrarily, there are few other companies that have not had any favorable dividend policy. The argument for no dividends has been that they need cash for continued innovation and growth. In this third group, the prominent ones that have not paid dividends are Cisco (CSCO), Apple (AAPL), Google (GOOG), Oracle (ORCL), EMC Corp (EMC), eBay (EBAY), and Dell (DELL). Keen observer will note that majority are these companies are from hardware sector."

While I'll admit I skimmed over the last paragraph. I did so because I had already encountered two references in the article to categorizing ORCL as a non-dividend paying stock:: 1st in the table; 2nd in the 3rd paragraph in the article. Accept my apologies for skimming over the last paragraph identifying ORCL's dividend announcement.

But then I have to ask you, why didn't you clean up the article to make it consistent? Don't you think you have a duty, if you wish to call yourself a journalist, to correct the mistatements in your article, particularly when there remains such an inconsistency? Who's smart?

On Apr 03 04:56 PM Dividend Tree. wrote:

> not so smart, squawk
> I did mention ORCL's dividend announcement immediately after"Third
> Group". it is the first sentence in that para.
>
> Momintn:
> I like IBM too. It has adapted very well in last decade or so. From
> a pure hardware play to software tech and services....]]> http://seekingalpha.com/article/129283-opportunities-for-tech-dividends?source=feed#comment-451216 451216
Might wish to do some research on recent news before publishing articles in the future. Beyond that, good article because it highlights to the lay investor how investing in tech is increasingly becoming a dividend play as well.]]> Fri, 03 Apr 2009 16:14:43 -0400
Might wish to do some research on recent news before publishing articles in the future. Beyond that, good article because it highlights to the lay investor how investing in tech is increasingly becoming a dividend play as well.]]> http://seekingalpha.com/article/128190-geithner-s-plan-offers-new-rules-of-the-game?source=feed#comment-442925 442925
If one thing has been made clear from the current mess, is the revelation that many in Washington, particularly the regulatory agencies, simply weren't doing their job. Politics always gets in the way. Politicians lead the bureaucrats, so the onus is now on the politicians to create a regulatory atmosphere where existing regulations are enforced to the full extent of the law. That would be a good start before creating new legislation where the political atmosphere going forward will always create doubt as to what exent new laws will be enforced.

On Mar 27 09:06 AM William Cowie wrote:

> In Geithner's discussion of what caused the mess, he focused solely
> on laws and bureaucracies. Not a word about how existing laws were
> ignored by existing bureaucracies, the SEC for example. And the FDIC,
> as morph pointed out above.
>
> That raises a serious issue: he obviously doesn't plan to add oversight
> over the FDIC's, the SEC's and other new bureaucracies to ensure
> they do their job.
>
> ]]> Fri, 27 Mar 2009 17:29:17 -0400
If one thing has been made clear from the current mess, is the revelation that many in Washington, particularly the regulatory agencies, simply weren't doing their job. Politics always gets in the way. Politicians lead the bureaucrats, so the onus is now on the politicians to create a regulatory atmosphere where existing regulations are enforced to the full extent of the law. That would be a good start before creating new legislation where the political atmosphere going forward will always create doubt as to what exent new laws will be enforced.

On Mar 27 09:06 AM William Cowie wrote:

> In Geithner's discussion of what caused the mess, he focused solely
> on laws and bureaucracies. Not a word about how existing laws were
> ignored by existing bureaucracies, the SEC for example. And the FDIC,
> as morph pointed out above.
>
> That raises a serious issue: he obviously doesn't plan to add oversight
> over the FDIC's, the SEC's and other new bureaucracies to ensure
> they do their job.
>
> ]]> http://seekingalpha.com/article/124755-amid-dividend-disasters-seven-companies-announce-increases?source=feed#comment-419254 419254

On Mar 08 05:25 PM cash wrote:

> QCOM certainly seems to be weathering this storm very well, compared
> to other tech stocks. Could this be the one tech stock to watch on
> a rally?]]> Mon, 09 Mar 2009 12:06:56 -0400

On Mar 08 05:25 PM cash wrote:

> QCOM certainly seems to be weathering this storm very well, compared
> to other tech stocks. Could this be the one tech stock to watch on
> a rally?]]> http://seekingalpha.com/article/124387-why-felix-should-walk-away?source=feed#comment-415990 415990
So, it's important before deciding whether to walk to first determine whether the mortgage you gave the bank is recourse or non-recourse.]]> Fri, 06 Mar 2009 11:25:58 -0500
So, it's important before deciding whether to walk to first determine whether the mortgage you gave the bank is recourse or non-recourse.]]> http://seekingalpha.com/article/122580-storm-vs-iphone-both-have-issues?source=feed#comment-405323 405323
Your article saved me the time & the pain of going through what you did, though I'd never expend the effort to do so. Your analysis confirms the conclusions I arrived at without going through the road test, or perhaps more appropriately "torture track," that you did. Kudos for your martrydom.

The iPhone is an utterly impressive device. However, I, personally, could never sacrifice a network for a device. I first studied the Storm @ CES 2009, & was initially impressed, but quickly learned, when "polling" iPhone users, that the Storm had tremendous shortcomings.

Consensus in the market, immediately after the Storm's launch was lukewarm. That should tell the consumer a lot. If one followed the release of the Storm prior to its launch, it seemed pretty clear that RIMM "pushed" the device to market in face of increasing pressure to jump start sales, that the device, so revolutionary for RIMM, had a lot of problems, that likely would be worked out over time, or in other words . . . wait for the next generation of the device.

Hopefully, RIMM is working out the kinks in the present phone's design, as well as addressing other complaints consumers has expressed abuot the Storm, such as the touchpad & the like.

To me, a smart phone has to be a phone above all else. If a phone's design makes it unnecessarily cumbersome to make a call, then it's not ready for prime time. A smartphone has to have an interface that makes for EZ input of text. It seems the Storm fails miserably in these two critical areas.

Staying away from both phones . . . for now . . .seems to be the right decision. I look forward to studying the next generation Storm, and the day VZW announces a deal with AAPL to offer the iPhone to its customers.]]> Thu, 26 Feb 2009 23:26:28 -0500
Your article saved me the time & the pain of going through what you did, though I'd never expend the effort to do so. Your analysis confirms the conclusions I arrived at without going through the road test, or perhaps more appropriately "torture track," that you did. Kudos for your martrydom.

The iPhone is an utterly impressive device. However, I, personally, could never sacrifice a network for a device. I first studied the Storm @ CES 2009, & was initially impressed, but quickly learned, when "polling" iPhone users, that the Storm had tremendous shortcomings.

Consensus in the market, immediately after the Storm's launch was lukewarm. That should tell the consumer a lot. If one followed the release of the Storm prior to its launch, it seemed pretty clear that RIMM "pushed" the device to market in face of increasing pressure to jump start sales, that the device, so revolutionary for RIMM, had a lot of problems, that likely would be worked out over time, or in other words . . . wait for the next generation of the device.

Hopefully, RIMM is working out the kinks in the present phone's design, as well as addressing other complaints consumers has expressed abuot the Storm, such as the touchpad & the like.

To me, a smart phone has to be a phone above all else. If a phone's design makes it unnecessarily cumbersome to make a call, then it's not ready for prime time. A smartphone has to have an interface that makes for EZ input of text. It seems the Storm fails miserably in these two critical areas.

Staying away from both phones . . . for now . . .seems to be the right decision. I look forward to studying the next generation Storm, and the day VZW announces a deal with AAPL to offer the iPhone to its customers.]]> http://seekingalpha.com/article/116511-fourth-quarter-sees-decline-in-cell-phone-shipments?source=feed#comment-367750 367750
What planet do you live on, Eric?]]> Tue, 27 Jan 2009 12:44:39 -0500
What planet do you live on, Eric?]]> http://seekingalpha.com/article/115302-are-california-muni-bonds-safe?source=feed#comment-360957 360957
The argument Claudio raises does have a merit in the eyes of the State Legislature, which is why the State has a hefty State income tax well as a sizeable sales tax.


On Jan 19 04:54 PM socphd71 wrote:

> Claudio: Apartment renters pay their property tax indirectly. It
> is that part of their apartment rent which the owner uses to pay
> his/her property tax.]]> Tue, 20 Jan 2009 12:05:00 -0500
The argument Claudio raises does have a merit in the eyes of the State Legislature, which is why the State has a hefty State income tax well as a sizeable sales tax.


On Jan 19 04:54 PM socphd71 wrote:

> Claudio: Apartment renters pay their property tax indirectly. It
> is that part of their apartment rent which the owner uses to pay
> his/her property tax.]]> http://seekingalpha.com/article/112403-dennis-gartman-go-long-infrastructure-short-everything-else?source=feed#comment-340822 340822
In short, Gartman's opinion, while nice to listen to, cannot be, & should not be, relied upon for anything learning HIS view of the market at an instant in time. JMO.]]> Mon, 29 Dec 2008 16:05:57 -0500
In short, Gartman's opinion, while nice to listen to, cannot be, & should not be, relied upon for anything learning HIS view of the market at an instant in time. JMO.]]> http://seekingalpha.com/article/111794-what-s-happening-at-apple-steve-jobs?source=feed#comment-337801 337801
On the product side, you forgot to mention the sinking of MSFT's flagship product, Windows Vista. Need I say more?


On Dec 22 09:17 AM Tom B wrote:

> "In our closest example, Microsoft doesn’t seem to have missed a
> beat after Bill Gates stepped down."
>
>
> Really? think closely about what you just said. When I see Ballmer,
> I see a loud-mouthed frat boy who: 1) couldn't move the flagship
> product (Windows) to UNIX and spewed forth Vista instead 2) launched
> abortive products like Silverlight and Zune 3) Continues to bankroll
> the money-losing XBox white elephant 4) Couldn't convince the Yahoo
> board to roll over and commit hari-kiri before the Mighty Microsoft
> 5) gave us those inexplicable Jerry Seinfeld ads.]]> Wed, 24 Dec 2008 17:12:04 -0500
On the product side, you forgot to mention the sinking of MSFT's flagship product, Windows Vista. Need I say more?


On Dec 22 09:17 AM Tom B wrote:

> "In our closest example, Microsoft doesn’t seem to have missed a
> beat after Bill Gates stepped down."
>
>
> Really? think closely about what you just said. When I see Ballmer,
> I see a loud-mouthed frat boy who: 1) couldn't move the flagship
> product (Windows) to UNIX and spewed forth Vista instead 2) launched
> abortive products like Silverlight and Zune 3) Continues to bankroll
> the money-losing XBox white elephant 4) Couldn't convince the Yahoo
> board to roll over and commit hari-kiri before the Mighty Microsoft
> 5) gave us those inexplicable Jerry Seinfeld ads.]]> http://seekingalpha.com/article/110459-long-term-housing-stability-is-based-on-strong-borrowers?source=feed#comment-327725 327725 Fri, 12 Dec 2008 14:58:35 -0500 http://seekingalpha.com/article/110204-zell-on-tribune-s-bankruptcy-no-way-to-avoid-it?source=feed#comment-327078 327078
US Bankruptcy law is designed for the orderly restructuring of debt so that all creditors are treated equitably. Of course, equity holders (i.e. Zell) will be last in line.



On Dec 11 02:46 PM swaps wrote:

> Whole Foods taking out Wild Oats, Zell taking out Tribune.
>
> American capitalism's business plan seems to be a game of musical
> chairs with someone left holding the bag of smelly fish - a mixed
> metaphor I know.
>
> But I agree with the poster above. The banks deserve to be left holding
> this mixed bag of assets after encouraging him to do a zero-down
> deal.
>
> And I bet the original Wild Oats and Tribune shareholders turned
> around and lost 50 percent of their recaptured capital in the recent
> stock market unpleasantness.]]> Fri, 12 Dec 2008 07:39:23 -0500
US Bankruptcy law is designed for the orderly restructuring of debt so that all creditors are treated equitably. Of course, equity holders (i.e. Zell) will be last in line.



On Dec 11 02:46 PM swaps wrote:

> Whole Foods taking out Wild Oats, Zell taking out Tribune.
>
> American capitalism's business plan seems to be a game of musical
> chairs with someone left holding the bag of smelly fish - a mixed
> metaphor I know.
>
> But I agree with the poster above. The banks deserve to be left holding
> this mixed bag of assets after encouraging him to do a zero-down
> deal.
>
> And I bet the original Wild Oats and Tribune shareholders turned
> around and lost 50 percent of their recaptured capital in the recent
> stock market unpleasantness.]]> http://seekingalpha.com/article/109419-friday-options-outlook-hig-cl-swy-chk-gfi-csco-mir?source=feed#comment-322467 322467
With the market looking out a quarter or two, the view is trending to either flat or slightly positive, not down. My view is that we will not see a contraction on the job front to the degree we did in the November report. Time will tell whether the market is right or wrong. ]]> Sat, 06 Dec 2008 14:03:26 -0500
With the market looking out a quarter or two, the view is trending to either flat or slightly positive, not down. My view is that we will not see a contraction on the job front to the degree we did in the November report. Time will tell whether the market is right or wrong. ]]> http://seekingalpha.com/article/107177-paulson-trying-to-rewrite-his-own-history?source=feed#comment-311892 311892
Let this be a lesson that the Treasury Secretary should be one who comes out of the "public service" sector rather than Wall Street, where focus is upon how one is perceived by others.]]> Fri, 21 Nov 2008 13:10:06 -0500
Let this be a lesson that the Treasury Secretary should be one who comes out of the "public service" sector rather than Wall Street, where focus is upon how one is perceived by others.]]> http://seekingalpha.com/article/106348-our-biggest-infrastructure-need-think-broadband?source=feed#comment-309010 309010
You can click to initiate an e-commerce transaction all you want from your 100 mbps connection, but if the ability to move that good or resource from its source to its destination is impaired due to incapacity, decay, or failure, such investment in broadband would be for naught.

Unfortunately, when it comes to basic economics, investment in less-populated areas is not the most efficient way to turn around a rapidly slowing economy. Your article is well-intended, but certainly not focused upon priorities.]]> Tue, 18 Nov 2008 12:24:44 -0500
You can click to initiate an e-commerce transaction all you want from your 100 mbps connection, but if the ability to move that good or resource from its source to its destination is impaired due to incapacity, decay, or failure, such investment in broadband would be for naught.

Unfortunately, when it comes to basic economics, investment in less-populated areas is not the most efficient way to turn around a rapidly slowing economy. Your article is well-intended, but certainly not focused upon priorities.]]> http://seekingalpha.com/article/105465-three-problems-with-the-fannie-freddie-mortgage-modifications?source=feed#comment-303581 303581
Policy-wise, I can understand the need for a "quick-fix" in order to preserve real estate values in nearby areas where borrowers are making monthly payments & are not underwater. But the leaders in Washington need to communicate to these imprudent borrowers there's no such thing as a free lunch. The policy should be "I will help you now, but you will pay me later" in the form of equity. There is absolutely no reason why these borrowers should keep 100% interest in their home after receiving a gift at the taxpayers' expense.]]> Tue, 11 Nov 2008 21:08:21 -0500
Policy-wise, I can understand the need for a "quick-fix" in order to preserve real estate values in nearby areas where borrowers are making monthly payments & are not underwater. But the leaders in Washington need to communicate to these imprudent borrowers there's no such thing as a free lunch. The policy should be "I will help you now, but you will pay me later" in the form of equity. There is absolutely no reason why these borrowers should keep 100% interest in their home after receiving a gift at the taxpayers' expense.]]> http://seekingalpha.com/article/102194-apple-could-crush-competitors-with-a-99-iphone?source=feed#comment-294655 294655
(i) Growth in domestic sales of iPhone units (presume your opinion focuses upon US market) will not be materially driven by price, but rather proven quality of AT&T's network. I don't think that AT&T's growth in subscribers due to price, but rather exclusivity of offering of iPhone as an revolutionary & appealing mobile platform.

(ii) It is not AAPL's strategy to compete on price, but rather quality.

]]> Thu, 30 Oct 2008 18:04:53 -0400
(i) Growth in domestic sales of iPhone units (presume your opinion focuses upon US market) will not be materially driven by price, but rather proven quality of AT&T's network. I don't think that AT&T's growth in subscribers due to price, but rather exclusivity of offering of iPhone as an revolutionary & appealing mobile platform.

(ii) It is not AAPL's strategy to compete on price, but rather quality.

]]> http://seekingalpha.com/article/101212-jobs-has-sold-his-10-million-iphones?source=feed#comment-289244 289244
Joel, this is your second post is as many weeks where you have been clearly clueless. The iPhone is not just a US phenomenon. What planet do you live on?]]> Thu, 23 Oct 2008 21:12:40 -0400
Joel, this is your second post is as many weeks where you have been clearly clueless. The iPhone is not just a US phenomenon. What planet do you live on?]]> http://seekingalpha.com/article/100224-the-most-dangerous-place-to-get-investing-advice?source=feed#comment-286927 286927 Tue, 21 Oct 2008 05:22:40 -0400 http://seekingalpha.com/article/100231-10-ways-tech-gets-hurt-by-the-consumer-slowdown?source=feed#comment-286629 286629 MU), AMD, Intel (INTC) and Qualcomm (QCOM) as well as dozens of small companies too numerous to mention."

QCOM is not a semi-conductor company. It develops, owns, and licenses intellectual property.

Wish you guys would do a bit a research, exercise a bit of journalistic proofing, before publishing. It would enhance the quality of this site, as well as your credibility, which IMHO, could use a bit of improvement.
]]> Mon, 20 Oct 2008 16:25:03 -0400 MU), AMD, Intel (INTC) and Qualcomm (QCOM) as well as dozens of small companies too numerous to mention."

QCOM is not a semi-conductor company. It develops, owns, and licenses intellectual property.

Wish you guys would do a bit a research, exercise a bit of journalistic proofing, before publishing. It would enhance the quality of this site, as well as your credibility, which IMHO, could use a bit of improvement.
]]> http://seekingalpha.com/article/99325-this-bear-market-is-worse-than-i-thought?source=feed#comment-281083 281083
Please backup your assertion that fundamentals are "much worse" than 1987. Valuations today are much more reasonable, historically, then then they were in 1987, when I believe stocks were trading about 25X earnings.

As for technicals, duh! We don't need anyone to state the obvious.]]> Mon, 13 Oct 2008 05:41:36 -0400
Please backup your assertion that fundamentals are "much worse" than 1987. Valuations today are much more reasonable, historically, then then they were in 1987, when I believe stocks were trading about 25X earnings.

As for technicals, duh! We don't need anyone to state the obvious.]]> http://seekingalpha.com/article/98647-lehman-s-lies?source=feed#comment-274642 274642 Mon, 06 Oct 2008 10:29:26 -0400 http://seekingalpha.com/article/98447-steve-jobs-fake-heart-attack-courtesy-of-cnn?source=feed#comment-273473 273473
Erick, having read a # of your posts the past few months, it is clear that you have a tendency to see only the negative regarding AAPL, the company as well as the stock. So anything negative you have to say regarding AAPL cannot be taken as anything of value. But in reference to the above quote from your post, it is now also clear that you are a complete moron.

One lesson to be learned, clearly, is how stupid CNN is/was to sponsor a blog over which it has not control. Another lesson to learn in similiar vein, is that Seeking Alpha to remove from their bloggers morons like you that more often than not, post inaccurate information (i.e. 3G iPhone inventories @ a NYC Apple store), inaccurate analysis with a clear intent to taint the company & the stock. In my view you are not that much afar from johntw . . . or are you in-fact johntw? Wouldn't suprise me the least . . . because that's how you paint yourself on this blog.

]]> Sat, 04 Oct 2008 13:06:12 -0400
Erick, having read a # of your posts the past few months, it is clear that you have a tendency to see only the negative regarding AAPL, the company as well as the stock. So anything negative you have to say regarding AAPL cannot be taken as anything of value. But in reference to the above quote from your post, it is now also clear that you are a complete moron.

One lesson to be learned, clearly, is how stupid CNN is/was to sponsor a blog over which it has not control. Another lesson to learn in similiar vein, is that Seeking Alpha to remove from their bloggers morons like you that more often than not, post inaccurate information (i.e. 3G iPhone inventories @ a NYC Apple store), inaccurate analysis with a clear intent to taint the company & the stock. In my view you are not that much afar from johntw . . . or are you in-fact johntw? Wouldn't suprise me the least . . . because that's how you paint yourself on this blog.

]]> http://seekingalpha.com/article/97805-the-great-bank-rush-of-2008-what-s-the-money-for?source=feed#comment-269664 269664
RE: "The only reason for Goldman Sachs to take a desperate (GS also gave Mr. Buffett 43,000,000 warrants to purchases GS common @ $115 per share) action was because it knew it was experiencing an EC impairment and needed to raise additional EC:


Goldman did the deal with Buffett because it needed to bring the firm into regulatory compliance after converting to a bank holding company. As an investment bank, its leverage was capped at 40:1; as a bank holding company the cap is 12:1. Given Goldman's balance sheet & market conditions, the best strategy was to raise its equity capital rather than reduce the debt on its books. For every $1 of equity raised, it was able to cover $12 of debt on its books. 'Nuff said. Otherwise, good, well thought out post.]]> Tue, 30 Sep 2008 12:25:27 -0400
RE: "The only reason for Goldman Sachs to take a desperate (GS also gave Mr. Buffett 43,000,000 warrants to purchases GS common @ $115 per share) action was because it knew it was experiencing an EC impairment and needed to raise additional EC:


Goldman did the deal with Buffett because it needed to bring the firm into regulatory compliance after converting to a bank holding company. As an investment bank, its leverage was capped at 40:1; as a bank holding company the cap is 12:1. Given Goldman's balance sheet & market conditions, the best strategy was to raise its equity capital rather than reduce the debt on its books. For every $1 of equity raised, it was able to cover $12 of debt on its books. 'Nuff said. Otherwise, good, well thought out post.]]> http://seekingalpha.com/article/96500-morgan-stanley-exploding-the-short-seller-myth?source=feed#comment-260735 260735
Explain your thinking . . . if there is any. If shorts are attempting to drive down a stock THEN the uptick rule WILL slow down the trading so a more orderly market for the stock can occur, whether it be down or up. ]]> Sun, 21 Sep 2008 13:29:29 -0400
Explain your thinking . . . if there is any. If shorts are attempting to drive down a stock THEN the uptick rule WILL slow down the trading so a more orderly market for the stock can occur, whether it be down or up. ]]> http://seekingalpha.com/article/96150-paulson-between-the-lines?source=feed#comment-259416 259416 Fri, 19 Sep 2008 15:23:24 -0400