This page has been archived and commenting is disabled.
Steel Partners in Need of Serious Rust Removal
Submitted by Tyler Durden on 01/11/2009 19:41 -0400
Steel Partners, the fund of activist investor and up-to-now wunderkind manager Warren Lichtenstein, has fallen for some tough times.
»
- Read more
- 1115 reads
Another Kick in Cox' Balls
Submitted by Tyler Durden on 01/12/2009 21:44 -0400All you ever needed to know about Icon Wealth Management, that the Government already knew of course. Courtesy of Marc Schrenker
http://www.adviserinfo.sec.gov/IAPD/Content/Search/iapd_OrgSearch.aspx
type in Icon Wealth and read to your heart's delight.
Looks like this is Mini-Bernie at best. He has filed $27mm in assets with the SEC, and only 182 accounts.
»
- Read more
- 914 reads
Money-Grubbing, Cholesterol-Spiking Idea of the Day
Submitted by Tyler Durden on 01/13/2009 15:43 -0400
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....
»
- Read more
- 891 reads
Titanium Looking Kinda Rusty Too
Submitted by Tyler Durden on 01/11/2009 23:22 -0400People suffering from a morbid obsession with titanium dioxide and its principal producer, Tronox Inc., are frantically clicking refresh on Pacer to see the moment the company files for Chapter 11 in Southern District of NY on this cold evening. Reuters cites sources that the filing should come any moment.
»
- Read more
- 1375 reads
His Name Is Robert Paulson... Er, JP Morgan
Submitted by Tyler Durden on 01/12/2009 22:21 -0400All is well.... Repeat All is well.... In fact we can't wait to tell this to you asap.
BN 16:20 *JPMORGAN CHASE HAD EXPECTED TO RELEASE 4Q EARNINGS ON JAN. 21
BN 16:20 *JPMORGAN CHASE SETS NEW DATE OF JAN. 15 FOR 4Q RELEASE :JPM US
BN 16:20 *JPMORGAN CHASE SETS NEW DATE FOR 4Q EARNINGS RELEASE :JPM US
»
- 1239 reads
U.S. Not Spain, S&P Claims
Submitted by Tyler Durden on 01/13/2009 16:52 -0400
Just as our opinion of S&P was notched up to deplorable from abysmal, they go ahead and pull this wool over our eyes:
»
- Read more
- 995 reads
Ackman and Burkle Agree to Disagree over America's Illiteracy Trends
Submitted by Tyler Durden on 01/12/2009 00:00 -0400
Even as Barnes and Noble posts a scary -7.7% comp store number for the "holiday" period, two major holders play hot potato with a big chunk of the retailer's equity.
Too Much Bad Fish Scuttles Landry's LBO
Submitted by Tyler Durden on 01/12/2009 22:58 -0400
Landry's stock tumbled today to an all time low of $6.63, before regaining a little and closing 50% down after announcing in a very cryptic press release that it is cancelling its LBO/MBO with Fertitta Holdings, the family that own
U.S. Not Spain, S&P Claims
Submitted by Tyler Durden on 01/13/2009 16:52 -0400
Just as our opinion of S&P was notched up to deplorable from abysmal, they go ahead and pull this wool over our eyes:
»
- Read more
- 960 reads
Count Vikula Mid-Term Grade in Accounting Alchemy: A+
Submitted by Tyler Durden on 01/12/2009 03:17 -0400
In the latest round of government-mediated financial synesthesia, Citi is parting with its brokerage crown jewel and making it seems like a sweet deal for investors, tax payers (also investors), and the three or four other people who care about the mass insanity that occurs in present day capital
Too Much Bad Fish Scuttles Landry's LBO
Submitted by Tyler Durden on 01/12/2009 22:58 -0400
Landry's stock tumbled today to an all time low of $6.63, before regaining a little and closing 50% down after announcing in a very cryptic press release that it is cancelling its LBO/MBO with Fertitta Holdings, the family that own
U.S. Renaissance Late, Ted-Spread Blamed
Submitted by Tyler Durden on 01/13/2009 17:25 -0400Is 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?
»
- Read more
- 1055 reads
Count Vikula Mid-Term Grade in Accounting Alchemy: A+
Submitted by Tyler Durden on 01/12/2009 03:17 -0400
In the latest round of government-mediated financial synesthesia, Citi is parting with its brokerage crown jewel and making it seems like a sweet deal for investors, tax payers (also investors), and the three or four other people who care about the mass insanity that occurs in present day capit
»
- Read more
- 769 reads
Ze Germans Are Spending
Submitted by Tyler Durden on 01/12/2009 23:14 -0400BN *GERMAN COALITION PARTIES AGREE TO SPEND EU50 BLN ON STIMULUS
Good thing people are at least buying their bonds...mmm wait, nevermind... Oh well, fire up the reichsmark printing press and get those wheelbarrels ready
»
- 573 reads
Wall Street's diarrhea shi(f)ting to Park Street er... Avenue
Submitted by Tyler Durden on 01/09/2009 22:00 -0400
One can follow the daily creation and destruction of wealth simply by looking at the constantly shifting landscape in New York. Could Ezra Merkin's recent fall from grace, from the top of GMAC, and potentially from duplex 6/7B spell some days of uncertainty in this otherwise inperturbable bastion of high money, 740 Park.
»
- Read more
- 2372 reads