ZeroHedge

Hot Links: Bear-baiting & Billboards

    Stuff I’m Reading this Morning… Is a new National Sales Tax coming?  Econophile says yes, it’s inevitable.  (ZeroHedge) Should Moody’s get the Arthur Anderson Treatment?  (Newsweek) Great first line: “Yeah, so all that business about Roger Penske stepping in and rescuing clown car manufacturer Saturn? Not so much.”  (LOLFed) Cramer‘s baiting the bears…

Hot Links: Megan Fox & The Siren Song of the Bears

Hot Links for Weekend Reading… David Merkel on ignoring the siren song of bearishness in a bull market.  (AlephBlog) The big BIG winners of 2009: Stocks that are up 400% plus:  (Bespoke) Bonus/ compensation discussions will be prominent at the G-20 meeting next week.  (Bloomberg) Peter Schiff: Letting Lehman go was one of the only…

Hot Links: Godspeed Patrick Swayze

Stuff I’m Reading this Morning… A roundup of various currency ETFs and how they’ve done as the dollar dropped (and dropped).  (Bespoke) Sorkin: Obama‘s big reform speech fell on deaf ears on Wall Street yesterday.  (DealBook) Fast-Forwarding Gordon Gekko.  (NYT) They fired the Wells Fargo foreclosed mansion squatter.  I kinda liked the gal.  (Dealbreaker) A…

Hot Links: Buffett vs HFT, Denninger vs Kneale, Iran vs Everyone

Stuff I’m Reading this Morning… Warren Buffett and Vanguard’s Jack Bogle come out against High Frequency Trading.  (ZeroHedge) Consumers deleveraging big time.  Not sure why this didn’t get more attention when announced yesterday, big story.  (FTAlphaville) Iran is getting close to a big nuclear breakthrough…maybe Obama should have lunch with them or something, maybe a…

Hot Links: Playtime is Over

Stuff I’m Reading this Morning… Gold breaks $1000 this morning!  World stocks rally overnight!  (no one has a job).  (Bloomberg) A Kraft-Cadbury merger could be a bonanza for lawyers and bankers working on the deal.  (DealBook) Christopher Hitchens on the current state of the War on Terror.  (Slate) Stop feeling sorry for yourself, Dick Fuld. …

Hot Links: Buffett & The Bikers

Stuff I’m Reading this Morning… Whistleblower Harry Markopolos says Credit Default Swap fraud will top the Madoff ponzi.  (Clusterstock) Warren Buffett‘s latest op-ed just went up, it’s called The Greenback Effect.  (NYT) Don’t look up, private equity firms are about to drop some REIT IPO’s on us.  Sold to you.  (DealBook) Chinese pig farmers speculating…

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…

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…

More Hot Links: Algo Trading, Rentals and the SheBair

More Hot Links for Weekend Reading… JPMorgan‘s head of algorithmic trading calls high frequency program trading a form of parasitic market making…omg.  (ZeroHedge) Everything you ever wanted to know about Sheila Bair but forgot you cared enough to ask.  (The New Yorker) David Merkel on his current asset allocation strategy and some thoughts on where…