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…
July 2009
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…
Stubborn Little Winners
Today we’re going to salute some little guys who wouldn’t give up. Small (er) cap stocks that refused to quit and have made their true-believer shareholders money this year, in one of the worst environments imaginable. What these names have in common is that they all are consumer-oriented companies, 4 of them are engaged in the…
Breakfast Links: SAC, Teenagers & Buy and Hold
Stuff I’m Reading this Morning… Larry Kudlow hosted a debate between Prof Jeremy Siegel and Barry Ritholtz about Buy and Hold. (TBP) Securitizing Teens? Someone with too much free time discusses paying teachers based on the earnings of their former students. (Freakonomics) Calpers no likey the ratings agencies! (NYT) Peter Barnes of Fox Business and…
Johnny Upside: I'll Buy Your Gold, Dog!
Johnny Upside is back…and he’s paying Cash for Gold! For those of you who haven’t met Johnny Upside yet, the last time we checked in with him, he was launching a distressed assets fund. Prior to that, he was starting up a fund of fund of funds. Johnny Upside has a knack for showing up…
Breakfast Links: Cody Willard, CIT, Sun Valley & Jay-Z
[vodpod id=Groupvideo.2945931&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] OMG, everything is wrong with this video, Batman, Robin & assorted villains sing “At The Hop” in Spanish for some reason, and then at around the 1:18 mark, a mini Spider-Man appears for no reason whatsoever (Spidey is a Marvel character, Batman is DC). This thing is nine types of bizarre. OK, on…
