Link$ and Mirror Mirror on the Wall-Is it Time for a REALITY Call???
Written on 2 Oct, 2009 at 7:52 in ECONOMIC NEWS | viewed 197 times | 1 Comment
Is the Economy really better off then last quarter? Where’s THE BEEF on those books?<Ask the CHIEF COOKS and BOTTLE WASHERS!> Certainly, most Fairy Tales usually have a Happy Ending-Unfortunately, out there in the LAND of REALITY often there is a Kersplat... (Continue reading)
Not One but Many-Flying Over The Cuckoo Nest for $$$~AIG/C/FRE/FNM/CIT
It’s crazy MOJO which goes beyond any rational trader or investors common sense. But, it has continued and continued with many reaping the profits of insanity from bloated pigs without true value. The TRASH-DASH for CASH does make ya think of One... (Continue reading)
TGIF~Can the $tampede Continue or time for a Pause?
Written on 24 Jul, 2009 at 7:24 in ECONOMIC NEWS | viewed 144 times | 0 Comments
First…Last night delivered two strike outs with Mister Softee having a terrible 17.3% year/year loss, and American Express presenting a reality check that all is not over yet. Amazon was not much help either, as their report was not near as good as... (Continue reading)
CIT on verge of bankruptcy - another Lehman brothers market killer?
Written on 16 Jul, 2009 at 8:35 in ECONOMIC NEWS | viewed 229 times | 0 Comments
CIT isn’t big enough to be a systemic risk, said Jason Mudrick, president of New York-based investment firm Mudrick Capital Management LP and a CIT bondholder... yet others state: House Financial Services Committee Chairman Barney Frank said he’s “heard from a lot... (Continue reading)
Wednesday Morning Hit Li$t~World Mkts Buoyed-Futures UP
Written on 15 Jul, 2009 at 7:06 in ECONOMIC NEWS | viewed 112 times | 0 Comments
First, let’s start with comments from yesterday by President Obama. Early in the day, he commented on the unemployment numbers by saying he and advisors do believe it will likely continue “to tick up for several months“ (that sure looks to be a given).... (Continue reading)
Food for Thought: Follow-ups/Reading Link$
Written on 12 Jul, 2009 at 9:50 in ECONOMIC NEWS | viewed 244 times | 0 Comments
Before we start with the Pick ur Poison or Tourniquet section this morning…Let’s walk down Memory Lane with a link to a very enjoyable site, turn up the volume, listen to old favorites, and watch the screen for facts from... (Continue reading)
Next ??? CIT floundering, caught in the delay mode, on the edge~~
Written on 9 Jul, 2009 at 6:57 in ECONOMIC NEWS | viewed 191 times | 1 Comment
Reports are out, and not looking good here, countdown toward survival of Spring 2010: CIT sits, it waits, negotiates, and has NOT been given the green light from regulators~Hmmmm, several competitors have received the privy of TLGP - There is talk... (Continue reading)
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