This page has been archived and commenting is disabled.
Frontrunning: September 23
- Pearlstein: A new bubble of the Fed's creation (WaPo)
- Wall St. Cheat Sheet award series continues with the financial analyst who the analyst who nailed the crisis (WSCS)
- Shocker: Ex-Moody's analyst says inflated ratings continue (WSJ)
- The Casino chronicles: Traders seek fortune in AIG, a stock once left for dead (WSJ, h/t Joel)
- Time to junk AIG (Reuters)
- A modest proposal: tying bonuses to realized, not paper profits (FT)
- Out $2 trillion bridge to nowhere (WSJ)
- Fed's focus on exit ignores unguarded entrance (Bloomberg)
- Harvard, NYU law students left hanging as firms slash offers (Bloomberg)
- 2008 Census data: housing is getting even less affordable (USA Today)
- Yves on China stocks turning point (Planet Yelnick)
- Troubled Paterson sees $2.1 billion budget cap, tells state agencies to prepare for cuts (Bloomberg)
- Was FINRA invested in Madoff? (Sense on Cents, h/t Kevin)
- HR 3200 will collapse global medicine (RCM)
- Inside info gives lawmakers market edge (NYSSCPA)
- Palin attacks Fed on Hong Kong visist, wants "responsible China" (Bloomberg)
- BofA, JPM overhaul overdraft fees (AP)
»
- 3574 reads
- Printer-friendly version
- Send to friend
- advertisements -
Add to front running that PALM burst up out of nowhere after dilution for a reason after all. Jeffries is out saying NOK will pay an 80% premium to get them.
It's time for Mr. Warren Buffet to step up to the plate and so something about one of his companies as well as the ratings industry.The Wall Street Journal reports that a whistleblower at Moddy's got fired for revealing that Moody's allegedly gave high ratings to debt in January 2009 that IT KNEW it would have to downgrade. If true, this is more fraud. Eric Kolchinsky is set to testify UNDER OATH in front of Congress on Thursday. Is it Mr. Buffett's policy to retaliate against whistleblowers? Mr. Kolchinsky was fired after eight years at Moody's.
WEB slinger sold 19% of MCO, still largest shareholder according to Bloom. He claims to not interfere in
corporate management, with the exception of Salomon Bros...
Too bad the WSJ piece is subscriber only.
To read the "subscriber only" articles from the WSJ, type in the headline in a Google search and click it in the search results and voila, you have the full article.
Thanks a lot for the tip -- it worked. It's an interesting article, and reminded me of a piece years ago from Robert Reich, where he lamented how much brain power was wasted in America on inventing and trading financial instruments that had little purpose other than being vehicles for speculation.
You've just been promoted to Vampire Squid Grade: EGE.
Evil Genius Extrodinare!
I'll start the campaign: William White for Federal Reserve Chairman.
So DXY got built back up over 76 leading up to the open and has been hit since...let's see if it plays out the same old way today.
This guy nailed the shape of the recovery :
http://www.cnbc.com/id/32979103
who's frontrunning? let's see. G. Gifford [AZ legislature douche] apparently plans amnesty for 12 million wetbacks once the health care bill is passed thus compromising the natives even further. & further, & further.
I'm getting all RANsquawk stories in my RSS feed (Google Reader). Just started last night. Can this be disabled?
Thanks to this web site every day I see something that has me screaming at my monitor What The Fcuk?
Working my way down today's frontrunners is the story "Was FINRA invested with Madoff?" FINRA, which was run by Mary Shapiro at the time, seems to have invested millions of its own money with Bernie. WTF. Oh, and after watching that video clip with Harvey Pitt, all I can say is I wish someone would give him a good bitch slapping.
Props ZH.
ABC reporting swine flu is sweeping the nation and overwhelming hospitals in 21 states.
Paul Tudor Jones predicted swine flu would halt economic growth and cause a market drop.
why do people with absolutely no knowledge about what is actually happening getting paid so well to be moronic, and people that know what has occurred, what is happening right now, and what surely awaits in the future, are getting punished so badly
Because the well paid people are telling everyone exactly what they wish to hear. The realists are speaking truth.
Silly rabbit, truth is for kids.
Because you make way more money acting on what is going on than talking about it.
http://www.cnbc.com/id/32983462/site/14081545?__source=yahoo%7Cheadline%...
Art Cashin!
FYI, Palin gave a strong speech at the CLSA forum and really went after the FED for creating bubbles etc. She has a strong libertarian streak which our economy needs right now IMO.
Palin still thinks cascading cross defaults has something to do with the Castro Street Fair.
I don't know. That's some scary shit if Palin really thinks she has something to say on these subjects.
But there is hope.
http://www.alternet.org/rss/breaking_news/91944/delegates_walk_out_'in_disgust'_at_palin_speech/?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=alternet_breaking_news
That is a LIE. I know 3 people who were there who called me.
The people who walked out because so many people wanted to ask questions so it went over time.
Also, it was over 1500 people and she was recieved quite warmly except for a 3 or 4 Obama Bots.
The media will LIE about her non stop. You really have to wake up and not believe everything you read!
So, there is no hope?
What a breath of refreshing air to learn of someone like Josh Rosner who not only has financial literacy, but integrity.