Archive

January 13th

Tyler Durden's picture

HeidelbergCement Trying to Avoid The Cement Shoes





HeidelbergCement, the world leader in aggregate production which over the past year has lost over 60% of its equity value, and one of the main holdings of recently deceased Adolf Merckle who got caught shorting Volkswagen (for a brief period of time the w

 

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Breaking News: WSJ Reports Citi on Way to Dismantle Itself





Whoa, busy day for breaking news

 

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Zimbabwe Raised to AAA+ by S&P, Geithner Celebrates Thru Innocent Mistakes





To celebrate their new credit rating, insane dictator Robert Mugabe releases new 50 billion note, which is roughly equal to one US dollar.

 

Tyler Durden's picture

Zimbabwe Raised to AAA+ by S&P, Geithner Celebrates Thru Innocent Mistakes





To celebrate their new credit rating, insane dictator Robert Mugabe releases new 50 billion note, which is roughly equal to one US dollar.

 

Tyler Durden's picture

4 out of 5 Vultures Agree Excrement About to Go Nuclear





As much as I hate to break it to Larry Kudlow and his unending "Ted-Spread is Down" monolog, the outlook for 2009 as per some people who actually know the business, although granted are heavily axed on the apocalypse bidside, is so bad, we should all just be buying rahmen noodles, crank radios, a

 

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Hey S&P, Not Too Late To Hit Recall





*U.S. DEC. BUDGET DEFICIT AT $83.6 BILLION ON HIGHER SPENDING
*U.S. BUDGET GAP IN FISCAL 1ST-QTR SOARS TO RECORD $485.2 BLN
*U.S. DECEMBER BUDGET GAP IN LINE WITH FORECAST FOR $83 BLN
*U.S. DECEMBER SPENDING RISES 41% TO $321 BLN, TREASURY SAYS
*U.S. DECEMBER REVENUE FALLS 14% TO $238 BLN, TREASURY SAYS
*U.S. DEC. DEFICIT COMPARES WITH $48.3 BLN SURPLUS YEAR EARLIER

Or maybe this merits an upgrade in S&P's view?

 

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Former NYT Editor To Control Car Industry





In an article today, Bloomberg picks up on a theme that we commented on yesterday regarding Steve Rattner's imminent appointment to the throne of all things auto.

 

Tyler Durden's picture

Former NYT Editor To Control Car Industry





In an article today, Bloomberg picks up on a theme that we commented on yesterday regarding Steve Rattner's imminent appointment to the throne of all things auto.

 

Tyler Durden's picture

U.S. Renaissance Late, Ted-Spread Blamed





Is anyone else tired of hearing Larry Kudlow's claims that the "Ted Spread is down" (which we assume is the new way of saying a spread is tighter, or alternatively the CNBC grammer nazis could be on strike, as evidenced by such pearls from Trish Regan as "Retail consumer spending changing for the good") will be the reason for the next American golden age?

 

Tyler Durden's picture

U.S. Renaissance Late, Ted-Spread Blamed





Is anyone else tired of hearing Larry Kudlow's claims that the "Ted Spread is down" (which we assume is the new way of saying a spread is tighter, or alternatively the CNBC grammer nazis could be on strike, as evidenced by such pearls from Trish Regan as "Retail consumer spending changing for the good") will be the reason for the next American golden age?

 

Tyler Durden's picture

U.S. Not Spain, S&P Claims





Just as our opinion of S&P was notched up to deplorable from abysmal, they go ahead and pull this wool over our eyes:

 

Tyler Durden's picture

U.S. Not Spain, S&P Claims





Just as our opinion of S&P was notched up to deplorable from abysmal, they go ahead and pull this wool over our eyes:

 

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Money-Grubbing, Cholesterol-Spiking Idea of the Day





As anyone who has ever visited the West Coast will attest, Jack In The Box is the greatest hamburger joint that has ever lived. In-N-Out (mmmm....

 

Tyler Durden's picture

Money-Grubbing, Cholesterol-Spiking Idea of the Day





As anyone who has ever visited the West Coast will attest, Jack In The Box is the greatest hamburger joint that has ever lived. In-N-Out (mmmm....

 

Tyler Durden's picture

Semi-Breaking News: Citi Out With Confirmation of Nothing





Citi Statement

Business Wire

NEW YORK -- January 13, 2009

Citi today said that the company is in discussions with Morgan Stanley (NYSE: MS) concerning a possible combination of the retail brokerage business operated under the Smith Barney name and the wealth management business operated by Morgan Stanley. No definitive agreement has been reached, and no assurance can be given that any such agreement will be reached. Beyond this statement, Citi has no further comment at this time.

 
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