Archive - 2009 - Blog entry
December 11th
Does the Caisse Need Retention Bonuses?
Submitted by Leo Kolivakis on 12/11/2009 23:11 -0500When I hear people at the Caisse whining, I tell them to shut up and deliver the goods. Period. The Caisse isn't a charity. It's one of the largest pension funds in North America. The money managers and analysts there are treated like royalty, often spoon-fed by sell-side brokers (what they are fed, that's another matter).
China vs. The World (revised)
Submitted by Vitaliy Katsenelson on 12/11/2009 18:20 -0500the dichotomy between how investors look at China and the rest of the world
House Passes Bill to Audit the Fed
Submitted by George Washington on 12/11/2009 17:43 -0500We've won round 1!
New Stock Exchange Opens in Africa
Submitted by Econophile on 12/11/2009 17:23 -0500When is a stock exchange a criminal syndicate? Here's one in Somalia that takes a unique financing approach to a dynamic growth industry: piracy.
Gold, Silver and Crude Oil Continue Their Slide ... while the US Dollar Attempts to Confirm a MAJOR Bottom
Submitted by Fibozachi on 12/11/2009 15:34 -0500Examining today's sell-off in Gold, Silver and Crude Oil and the concurrent rally of the US Dollar Index across daily and 1-minute charts
Copenhagen Framework Demands Huge Amounts of Spending, But Allows Enron-Style Accounting Tricks So That Carbon Isn't Actually Reduced
Submitted by George Washington on 12/11/2009 12:17 -0500Breathtaking ...
The Solution to the Goldman (and by Extension, the Securities Industry) Compensation Dilemma
Submitted by Reggie Middleton on 12/11/2009 08:39 -0500While the recent Goldman announcement may sound good to some, it entirely misses the point of the outrage of the many who actually realize what is going on. Further, it fails to go far enough. What Goldman needs to do is to go back to its partnership days where it was their capital at risk (all of it) and not the shareholders.
PSP's 2009 Annual Public Meeting?
Submitted by Leo Kolivakis on 12/11/2009 00:25 -0500There were fireworks in Ottawa on Thursday, and I am not talking about the Afghan torture backspin which leaves Tories squirming. Almost five months after revealing their disastrous FY2009 results, PSP Investments held its first ever annual public meeting in Ottawa.
December 10th
FTU: Fibozachi Technical Update - 12.10.09
Submitted by Fibozachi on 12/10/2009 20:00 -0500A Detailed Technical update of the BKX Bank-Index, Crude Oil, Gold, US Dollar, Google, NASDAQ Composite, S&P Cash and DJIA Cash
Are Food Stamps the Soup Lines of this Great Recession?
Submitted by George Washington on 12/10/2009 19:31 -0500No dramatic photos, but the statistics are dramatic ...
Dear President Obama, Here's The List You Asked For
Submitted by Econophile on 12/10/2009 18:32 -0500At a jobs summit with President Obama, Democratic and Republican leadership gathered at the White House to discuss the Administration's job bills. Apparently it got a bit testy. Republicans pushed Mr. Obama to freeze federal spending, a plea the president answered by repeatedly challenging them to produce an economist who believed that cutting spending now would be a good idea. His query was met with silence. So, in order to rescue the inept Republicans, I have a list of 200 respected economists who would gladly support a freeze on federal spending.
Greece, China, USA and the Euro - All Connected?
Submitted by Bruce Krasting on 12/10/2009 16:02 -0500Some thoughts on where the Greece story may go. Two possible outcomes. They both have significant impacts.
Financial Reform Is Being Gutted ... And Congress Might Not Even Realize It
Submitted by George Washington on 12/10/2009 15:24 -0500Dumb ... or complicit?
Giant Banks Are Trying to Make Bailouts Permanent. They'll Succeed Unless We Raise a Ruckus
Submitted by George Washington on 12/10/2009 12:49 -0500And they're close to succeeding ...
China vs. the World
Submitted by Vitaliy Katsenelson on 12/10/2009 12:30 -0500This paragraph, taken out SoGen’s Dylan Grice research report, sums up the dichotomy of how investors look at China and the rest of the world.
