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Buffett Fearful When Others are Fearful
Submitted by Tyler Durden on 01/20/2009 03:16 -0400
In what some might consider a minor case of about-face and an even more minor case of hypocrisy, the Oracle of Omaha is quoted by Reuters as saying the stimulus plan under consideration by the U.S.
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- 956 reads
Presidential U-Haul in All It's Glory
Submitted by Tyler Durden on 01/20/2009 17:35 -0400
For all your presidential hopefuls, this is how you move out of the White House. All class all the way. (meanwhile Oath of Office countdown ticker: 18:33)
- 615 reads
Layoff Watch: Pfizer, AMD and GE Capital joining Hertz in "Streamlining"
Submitted by Tyler Durden on 01/16/2009 18:38 -0400
Pfizer cutting 2,400 jobs or a third of its total workforce, AMD is slashing another 1,100 people, and GE Capita
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- 1325 reads
Friday Night Ponzi: Another One on the Loose; Getting Silly Now
Submitted by Tyler Durden on 01/17/2009 03:48 -0400
While this is not quite as dramatic as Schrenker's insane plane-crash stunt, or at least not yet, the new Ponzi runaway story is all over the news.
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- 1211 reads
Gasparino-Kneale Boxing Match Extravaganza on Hold Over Becky News
Submitted by Tyler Durden on 01/19/2009 14:58 -0400
In a move that is sure to shatter Warren Buffett's heart, Becky Quick has recently gotten hitched... to none other than her boss it seems. Page 6 reports that the anchor of Squawk Box quietly married CNBC executive producer Matthew Quayle, who is apparently a big Christian, and a divorcee with two kids to boot.
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- 946 reads
Buffett Fearful When Others are Fearful
Submitted by Tyler Durden on 01/20/2009 03:16 -0400
In what some might consider a minor case of about-face and an even more minor case of hypocrisy, the Oracle of Omaha is quoted by Reuters as saying the stimulus plan under consideration by the U.S.
- Read more
- 1380 reads
Presidential U-Haul in All It's Glory
Submitted by Tyler Durden on 01/20/2009 17:35 -0400
For all your presidential hopefuls, this is how you move out of the White House. All class all the way. (meanwhile Oath of Office countdown ticker: 18:33)
- 659 reads
From: Treasury; To: Taxpayer...
Submitted by Tyler Durden on 01/16/2009 19:30 -0400
We are happy to inform you that Chrysler Financial (aka Stephen Schwarzman of Apt. 15/16B at 740 Park) is now the proud recipient of your money.
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- 737 reads
GM To Become Next $$$ Bottomless Pit; Rattner to Play Next Joker
Submitted by Tyler Durden on 01/17/2009 17:59 -0400
"Bankrupt but not really" carmaker, General Motors, which has already likely burned thru the $13.4 billion in taxpayer money it received a couple of weeks ago, is poised to keep the fire going a whole lot longer.
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- 964 reads
RBS Stock Down Over 60% in Europe Trading
Submitted by Tyler Durden on 01/19/2009 15:23 -0400Probably not that surprising after posting the "biggest ever loss reported by a U.K. company" of $41 billion. Biggest shareholder, the United Kingdom Government with 22.8 billion shares, can not be happy with an $8 billion + loss in 6 hours of trading. Paulson, with 142 million shares short, is very happy.
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- 725 reads
Breaking News: NYT Bailed Out (For Now); It's Official
Submitted by Tyler Durden on 01/20/2009 04:17 -0400
Just out: The New York Times Company Enters into Agreement with Banco Inbursa and Inmobiliaria Carso for $250 Million in Senior Unsecured Notes.
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- 1139 reads
We Have A New President - Obama Rally in Full Force
Submitted by Tyler Durden on 01/20/2009 18:31 -0400Oh wait, not yet... S&P down -27.45 pts (-3.23%). But lovely speech there... Click here for transcript
- 409 reads
From: Treasury; To: Taxpayer...
Submitted by Tyler Durden on 01/16/2009 19:30 -0400
We are happy to inform you that Chrysler Financial (aka Stephen Schwarzman of Apt. 15/16B at 740 Park) is now the proud recipient of your money.
- Read more
- 866 reads
GM To Become Next $$$ Bottomless Pit; Rattner to Play Next Joker
Submitted by Tyler Durden on 01/17/2009 17:59 -0400
"Bankrupt but not really" carmaker, General Motors, which has already likely burned thru the $13.4 billion in taxpayer money it received a couple of weeks ago, is poised to keep the fire going a whole lot longer.
- Read more
- 1103 reads
RBS Stock Down Over 60% in Europe Trading
Submitted by Tyler Durden on 01/19/2009 15:23 -0400Probably not that surprising after posting the "biggest ever loss reported by a U.K. company" of $41 billion. Biggest shareholder, the United Kingdom Government with 22.8 billion shares, can not be happy with an $8 billion + loss in 6 hours of trading. Paulson, with 142 million shares short, is very happy.
- Read more
- 837 reads

