[youtube=http://www.youtube.com/watch?v=2a8skzlhxDY] The Reformed Broker, AKA The Sugar Bear, here with today’s Market Recap… OK, finally, General Motors (GM) makes it official. They’re a Zero. Let’s move on. And would you believe that the auto-related stocks rallied? That’s either a short-squeeze or the finality and closure that this industry needed… Check ’em out at the 3:15 look,…
June 2009
Morgan Stanley, Meet Smith Barney…Play Nice, Boys.
“Meet the new boss. Same as the old boss” – The Who, Won’t Get Fooled Again The Morgan Stanley Smith Barney (MS) experiment is underway. According to the AP, not much will change to start with, other than new business cards and a new phone greeting from the receptionist. The cultures of these two white shoe…
The Executioner Wore Abercrombie
Who is Brian Deese? You’re going to love this one. He’s the latest heartthrob out of the Obama administration who’s been called up to run the GM bailout/ bankruptcy/ clusterf&ck. And he’s, like, 31 years old. From the New York Times: A bit laconic and looking every bit the just-out-of-graduate-school student adjusting to life in…
