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WMARKW

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  • Wall Street Breakfast: Apple's Market Cap Closes Above $700B [View article]
    Heh..Heh....What day is it?
    Feb 11, 2015. 09:19 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Trouble Still Brewing In The Forex Market [View article]
    Yes, the US can buy Greece, but why would we want a 51st state so far away - and we already have too many people on SNAP.
    Feb 10, 2015. 01:33 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Europe Heads Lower On Greek Tensions [View article]
    I am currently leaning for the "rents to da-n high" guy. Pragmatic approach to government. Probably knows a lot about foreign policy too.
    Feb 9, 2015. 03:39 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Europe Heads Lower On Greek Tensions [View article]
    What does HRC have to say about WJC and Mr. Brian Epstein?
    Feb 9, 2015. 03:38 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Europe Heads Lower On Greek Tensions [View article]
    Thanks. It brings up the question in my mind as to what taxes were actually avoided....some paltry interest being paid by Swiss bank on deposits? There is also a voluntary disclosure responsibility on part of US taxpayer to disclose income sources.
    Feb 9, 2015. 03:37 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Europe Heads Lower On Greek Tensions [View article]
    Just read the news article about HSBC from Reuters. Obviously absent, in my opinion, is any explanation of how "clients" were able to "avoid paying taxes" to some other country because of the dealings of the bank. Someone please explain. It certainly has to be more than a bank failing to report the existence of an account to some foreign country's tax authority?
    Feb 9, 2015. 09:28 AM | 3 Likes Like |Link to Comment
  • Just Another Bear Market Rally In Gold [View article]
    How will "they" know you or anyone else has "gold"?
    Feb 6, 2015. 06:38 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Greece Continues European Tour For Debt Deal [View article]
    Good point. The issue is absolute growth (nominal) vs % growth.
    Feb 6, 2015. 06:09 PM | Likes Like |Link to Comment
  • China's Monumental Debt Trap - Why It Will Rock The Global Economy [View article]
    Who owns the debt of China. Is it people, corps, or China Government? If China prints $1 Trillion and exchanges it for highways, buildings, etc, then China has a new asset of infrastructure and what?

    If I print $1 Trillion and lend it to you to build Hong Kong and you build Hong Kong and default on the loan, then I own HK. In the US, we issue debt to "investors" (or the Fed), and then the government spends money. If the government defaults on debt, then the investor is left holding the bag, while the government owns the Aircraft Carriers. I don't think that's the way it works in China.
    Feb 6, 2015. 06:08 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: RadioShack Declares Bankruptcy After Years Of Losses [View article]
    Now what's going on?

    Fidelity Changes Its Approach Creating a Financing Vacuum

    According to Bloomberg, “Fidelity Investments said last week that its Fidelity Cash Reserves Fund, the largest of its kind in the world, will stop buying short-term debt issued by companies in response to a regulation restricting it to U.S. government securities. The move will leave a $100 billion funding hole for lenders, such as JPMorgan Chase & Co. and Wells Fargo & Co. who rely on the fund to buy their commercial paper….”

    Further, “Short-term borrowing costs for U.S. financial firms are already the highest in two years relative to Treasury bills, and are 46 percent higher since the passing of the rule in July. That’s an increase of 7 basis points to 22 basis points. A basis point is 0.01 percentage point.”

    And, “In July, Bank of America estimated that the rules could cause prime funds to shift as much as $500 billion into government debt. Citigroup Inc. predicted as much as $200 billion.”

    What’s the objective here for these regulations?
    Feb 6, 2015. 05:43 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: RadioShack Declares Bankruptcy After Years Of Losses [View article]
    It's interesting that on my old Social Security card, it says that anyone asking for SS card and number as ID is subject to a $1000 fine.
    Feb 6, 2015. 08:59 AM | 16 Likes Like |Link to Comment
  • Wall Street Breakfast: Greece Slumps Following ECB Decision [View article]
    And they support their customers in so many ways.
    Feb 5, 2015. 03:45 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Greece Slumps Following ECB Decision [View article]
    But the make do with less all the time. Maybe Under Armour should take a lesson...less is more.
    Feb 5, 2015. 01:01 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greece Continues European Tour For Debt Deal [View article]
    TAS - LOL.....snorting at that one.
    Feb 4, 2015. 02:05 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Greece Continues European Tour For Debt Deal [View article]
    Taking a cue from GGGL, I an thinking slow and therefore typing slow. I have nothing to say this morning...yet.
    Feb 4, 2015. 09:05 AM | 7 Likes Like |Link to Comment
COMMENTS STATS
10,672 Comments
17,185 Likes