Frontrunning: August 19

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Fri, 08/19/2011 - 08:22 | 1576518 flyr1710
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obama tells republicans 'it's on'  where, on the golf course or at the 19th hole?

Fri, 08/19/2011 - 08:24 | 1576524 Cdad
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Bank of America Corp. (BAC) Chief Executive Officer Brian T. Moynihan told his managers at the biggest U.S. lender to expect 3,500 job cuts this quarter.

Hooray!  Let the healing commence.

Fri, 08/19/2011 - 08:30 | 1576544 Sudden Debt
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It's just Feeding the Dragon as they say.


Fri, 08/19/2011 - 08:29 | 1576541 Moneyswirth
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Reuters story on the BAC cuts:

Executives at the bank are still discussing the possible range of cuts, but one person familiar with the situation said at least 10,000 jobs are likely to be eliminated as part of a wider review, the Wall Street Journal said in a report.


Sill Reuters headline writers.  


Fri, 08/19/2011 - 08:33 | 1576560 Sudden Debt
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It was a touch decission.



and if they fired 10 executives, it would be dirupt their friday evening bowling team competition they've set up so the "EMPLOYEES" had to take one "FOR THE TEAM"


Fri, 08/19/2011 - 09:09 | 1576688 Urban Roman
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In other news, your circulatory humors are out of balance.

We must apply leaches to restore that balance..

Fri, 08/19/2011 - 08:30 | 1576543 TapeReader
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Here’s a long-term thought about locking in delivery of crude oil way out into the future and using these prices to create a retail gasoline futures contract so that the average Joe can fill up his car with $3.50 gas for the next 5 years….

Hope that you find this as interesting as I do.


Fri, 08/19/2011 - 08:31 | 1576547 disabledvet
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When The Krug Man starts wearing a black beret and face paint then i'll know "we're good to go." Until then i'm more on the side of being...."unmoved."

Fri, 08/19/2011 - 08:31 | 1576548 Careless Whisper
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The careless Whisper Morning Report

Rick Perry Gay Rumors Go Unanswered

GoldmanSachs Getting Out Of Prison Biz

Maxime Waters: Obama Creating Angry Black Men

Governor Cancels Reality Show About How Good Florida Prisons Are: Governor Trying To Privatize Them

Bank Of America: 10,000 Layoffs

England Or North Korea?: Protestors Go To Prison


Fri, 08/19/2011 - 08:39 | 1576575 sudzee
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Biden current trip to China to beg forgivness and "we are good for the money". Next up will be a trip to see Chavez to beg for his gold to be deposited in NY " cause you know we are good people".

Fri, 08/19/2011 - 08:41 | 1576582 joak
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The Teleprompter cannot withdraw anymore :

Fri, 08/19/2011 - 08:44 | 1576587 zorba THE GREEK
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Hold on to your personal property and at all times keep hands and feet inside of car, the ride is about to begin

Fri, 08/19/2011 - 08:54 | 1576619 Moneyswirth
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Headline on Bloomberg:  "Futures pare losses"

SPY futures down 16.50


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