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Our readers at Reuters picked up today where we left off yesterday, and apparently had more luck in getting through to someone at the company than just the switchboard...However, not much information was gleaned: "It is our policy to not co

Our readers at Reuters picked up today where we left off yesterday, and apparently had more luck in getting through to someone at the company than just the switchboard...However, not much information was gleaned: "It is our policy to not

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 wo

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

Whoa, busy day for breaking news

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

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

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

*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?

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.

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.

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?

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?

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

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