Emerging Idol: Auditions for BRIC Without the "R"

It may be time to hold auditions to find a replacement for Russia in the BRIC countries. The other day, the New York Times dropped this delightful little nugget on those believing that Russia is a suitable place to invest: Russia’s Kemerovo region has notified ArcelorMittal that it will seize two of the world’s largest steel maker’s…

Breakfast Links: Bernanke, Mortgage Brokers & Nine Inch Nails

Stuff I’m Reading this Morning… Filthy mortgage brokers are now calling themselves “Loan Modification Specialists“.  Jason kills it with this post.  (LOLFed) Some color on Ben Bernanke‘s op-ed, published late yesterday in advance of this week’s testimony.  (Bloomberg) Ezra Klein tackles the healthcare debate with an idea that just. might. work.  (Washington Post) ShadowBanker takes…

Breakfast Links: Meatbags & the Cheese Purse

Stuff I’m Reading this Morning… Are you ready for the torrent of earnings as 143 of the S&P 500 companies report this week?  Here’s a preview:  (TheStreet.com) Dissecting Joseph Stiglitz, this era’s “rockstar” economist.  (Economist’s View) Pimco and a group of bondholders bail out CIT.  Yay, I think…  (Reuters) The battle for White House influence…

More Hot Links: Cronkite, Bruno & the Weinermobile

More Hot Links for Weekend Reading… Business ethics issues surround the hit film Bruno.  People need to lighten up.  (Forbes) CBS News lionizes it’s own:  Walter Cronkite‘s career and legacy .  (CBS News) Barry Ritholtz takes a look at the rapidly collapsing income taxes being collected by state governments; muni bond investors take note.  (TBP)…

Hot Links: Goodbye Walter Cronkite

Hot Links for Weekend Reading… Yeah, they’re beating earnings estimates, but the revenues?  Not so much.  (TBP) The truth about all those vacant apartments in NYC.  (Mises.org) Economy upgraded from “Catastrophe” to “Sucks” by Larry Summers.  (Andy Borowitz) A MOMENT OF SILENCE FOR WALTER CRONKITE‘S PASSING AT 92.  (NY POST) A pie chart of how…

Happy Hour, Live From Yankee Stadium

Don’t miss Fox Business’s Happy Hour, broadcasting live from the Hard Rock Cafe at the new Yankee Stadium tonight at 5 Eastern.  TRB is headed up to the Bronx for the taping, and I promise to ask Eric Bolling about that failed breakdown/ short squeeze in Natural Gas everyone’s talking about if possible. G’night and…

Lucas Van Praag's "To Do" List

Lucas Van Praag probably has one of the toughest (albeit well-compensated) jobs on the planet these days. As the Global Head of Corporate Communications for Goldman Sachs, he is literally the man with his finger in the dike, just barely containing the deluge of criticism and disgust that is on the verge of becoming a…

Breakfast Links: Ben Stein, Rock Radio & Intern Eating Contests

Stuff I’m Reading This Morning… Felix Salmon calls Ben Stein a predator, or a shill for a predator…tomato, tomaato.  (Reuters) Goldman announces it’s acquisition of the Treasury Dep’t…LOL!  (Andy Borowitz) Jamie Dimon on a CIT Bankruptcy:  “Whatever, dog.”  (DealBook) It’s Summertime!  So let the intern eating contests begin on The Street!  (Dealbreaker) Is the “Equity-Merchant…

The Million Dollar Cheeseburger

In a highly unscientific survey/ calculation, the gang at New York Mag’s Grub Street came up with what they believe are the highest grossing dishes in New York City’s restaurants.  I was happy to see a plate I’ve consumed (way too) often make number 1 on the list, with an estimated annual gross of over…

Breakfast Links: CIT, Jimmy Carter & The Grapes of Wrath

Stuff I’m Reading this Morning… The exact date that the Chinese stock market will collapse.  (MoneyScience) Stick a fork in CIT Group, 1908-2009.  (Bloomberg) They caught the runaway Credit Sueeeeesse broker, and no, he wasn’t at Le Cirque.  (NYT) Virginia is for Usury.  (LOLFed) JPMorgan smokes their numbers, 28 cents vs 4 cents expected…get ’em…