I got this little nugget from Big Brother The Office of Public Affairs in my inbox just now… U.S. Treasury Department Office of Public Affairs FOR IMMEDIATE RELEASE: December 23, 2009 CONTACT: Treasury Public Affairs (202) 622-2960 TREASURY RECEIVES $45 BILLION IN REPAYMENTS FROM WELLS FARGO AND CITIGROUP TARP Repayments Now Total $164 Billion WASHINGTON…
A European Buyout Frenzy?
The Boston Consultant Group is out with a survey that indicates 1 in 5 European companies is planning to do a deal in 2010, and that percentage jumps to 1 in 2 companies with market caps in excess of €20 billion.
20 Unpredictions for 2010
You MF’s and your prediction lists have driven me to this… Here are my 20 Unpredictions for 2010, a list of things that ain’t gonna happen next year… 01. Fox Biz cuts the USA Today/ Human Interest stuff and gears more toward hardcore trading and investing ideas. 02. Iran drops the pretend nuclear energy program and…
Read This And Then Stab Your Eyeballs Out With a Pick Axe
As the average US citizen drags his wounded semi-corpse of a body across 2009’s finish line, it is heartwarming and life-affirming to know that the bloodsucking lobbyists are raking it in like never before down in Washington D.C. From Politico via the CATO Institute: K Street is raking it in. Washington’s influence industry is on track…
How I Became a "Devil Investor"
I want dividends/ buyouts/ buybacks/ spin-offs/ earnings beats/ guidance raises/ new CEOs/ contracts awarded/ FDA approvals/ tender offers/ mergers/ product launches and more. And I want them NOW. Yesterday, in fact.
Hot Links: Higher Rates, Last Decade in Equities & the Justice League
Stuff I’m Reading this Morning… Copper, oil, Asian and Euro stocks etc rising overnight. (Bloomberg) Goldman Sachs on why the bull will continue in 2010. (PragCap) Silicon Valley execs start a Justice League for Entrepreneurs. Cool. (DealBook) The quiet costs of a jobless recovery. (JrDepAcct) Hedgies like John Paulson and Julian Robertson are all doing…
Bill Singer on the Galleon Indictments
My pal Bill Singer of Brokeandbroker.com brings us up to speed on the massive hedge fund insider trading ring and the status of some of the players.
The Most Profitable Companies in the World (Yes, Mostly Oil)
Click to Embiggen! Source: The World’s Most Profitable Companies (BillShrink.com)
Who Will Be Morningstar's CEO of the Year?
Morningstar just posted its nominees for CEO of the Year (2009). The winner will be announced in mid-January on CNBC… There’s no Dimon or Buffett as both have won in prior years (2002 and 2008 respectively). I am guessing that Steve Jobs has won already as well, otherwise, he would be a no-brainer… This year,…
1999-2009: Everything Beat Stocks
Here is Bloomberg’s Chart of the Day, it’s the returns over the last decade for six asset classes. “Paper” lost to everything, especially the “Hard” stuff.
