Click Image to Embiggen! Source: 3 Advantages of a Roth IRA Conversion Read Also: New Roth IRA Rules (TRB) Full Disclosure: Nothing on this site should be construed as either investment or tax advice. Please see my Terms & Conditions page for a full disclaimer.
September 2009
Who Are The Biggest Chefs In The Business World?
Anecdotally speaking, I’m told that the restaurant business is the most difficult business on earth (in terms of the success to failure rate). I’ve also heard that the average Saturday night dinner service in NYC is as hectic and stressful as a full week of work for everyone else. I’m a stockbroker, so of course…
Hot Links: Pulp Tinkerbell
Stuff I’m Reading this Morning… The agenda for economic regulation reform at the G-20 Summit in Pittsburgh isn’t looking too promising. (Economix) A tale of tragic heroism in the Bronx. (NYP) The Healthcare Debate rages on…in an Iron Man comic book. (Ecocomics) My fave post of the week so far: Imagine If Lehman Brothers Had…
Insider Trading Lesson 1: No Call Options
You guys are so stupid. The first thing the SEC looks at is the call option activity whenever there’s a high profile merger or takeover. Anything unusual is gonna be flagged. From DealBook: The Securities and Exchange Commission on Wednesday charged two men with running an $8.6 million insider-trading scheme connected to Dell’s $3.9 billion agreement…
Bernanke: More Bank Of Japan Imitation to Come
In a widely telegraphed move, the FOMC today voted to keep Fed Funds target rate at zero. Oh, and based on the statement, don’t expect this to change anytime soon. Bernanke may have been a student of The Depression, but he is clearly a fan of the Japanese Lost Decades. All that was missing from…
Now Leaving California…
A word to the wise…this is what happens when public sector spending crushes an economy. DC, are you paying attention? Sources: Cagle.com
Ken Lewis: Should I Stay or Should I Go (reprise)
[youtube=http://www.youtube.com/watch?v=bYxkvAwIjzQ] With trouble coming from both the SEC and the NY Attorney General over the Merrill Lynch acquisition, Ken Lewis is faced with a big decision – should he stay or should he go as CEO of Bank of America? With apologies to the late Joe Strummer, here’s Kenny doing his rendition of The Clash‘s…
Hot Links: Marc Faber, Doug Kass & R2D2
Stuff I’m Reading this Morning… Pay attention! What to expect from the FOMC statement today. (Bloomberg) Great interview: Marc Faber on Tech Ticker discussing why emerging markets will surpass the West. (TechTicker) In Soviet Russia, Kalashnikov Bankrupts You! (LOLFed) The unintended consequences of Sen Dodd‘s aggressive push for one super-regulator will be that this will…
Guess Who's Back!
Read Also: Money Never Sleeps Caption Contest (Dealbreaker) Blue Horseshoe Worries About the Wall Street Sequel (TRB) Gordon Gekko Released from Prison (DailyMail) Charlie Sheen Cameo Confirmed for Wall Street Sequel (ComedyCentralUK)
Don Dion's 10 Most Dangerous ETF List
If you haven’t already, run on over to TheStreet.com to read Don Dion‘s first installment of the 10 Most Dangerous ETFs list. In light of the over-abundance of these products and the fact that many of them have not raised nearly enough assets to justify their existence, now is a great time to bone up…
