Stuff I’m Reading this Morning… Barry Ritholtz on why CNBC has very little control over it’s own ratings. (TBP) California’s tatoo removal chain Dr Tatoff could be a hot IPO. (DealBook) Joseph Stiglitz wants to keep shoveling the stimulus. (EconomistsView) Forbes sees a glimmer of hope in Dayton, Ohio – a city they recently counted…
About That Other Real Estate Market
Oh yeah…there’s still the problem of the other real estate market. Sources: Cagle.com
Wall St Cheat Sheet, My Latest Obsession
I love reading interviews when the subject is someone I truly admire. I also love it when the questions are good enough to expose a whole ‘nother aspect of a person that I thought I knew all about. For this reason, I’m obsessing over Wall St Cheat Sheet in a major way. The site was…
Breakfast Links: Trump, Steinhardt & Sesame Street
Stuff I’m Reading this Morning… Paul Kedrosky found a good interview with trading legend Michael Steinhardt. (InfectiousGreed) Floyd Norris calls Trump‘s ability to raise more casino money the ultimate green shoot. (NYT) CTFC Chairman talks about limiting investment funds within energy markets. (DealBook) Another brilliant set of thoughts on the current market from David Merkel. …
Breakfast Links: Heidi Moore, Bill Clinton & Runpee.com
Stuff I’m Reading this Morning… Heidi Moore get’s her head handed to her by Matt Taibbi after her silly Goldman Defense…(TrueSlant) Is Taibbi’s next conquest Charlie Gasparino and CNBC? On Imus Radio? (Clusterstock) Mike Konczal on unemployment insurance, great post. (Rortybomb) Finally, an interesting stimulus handout: Advanced batteries for cars. (WSJ) Bill Clinton is STILL…
The E! True Hollywood Story: Rise and Fall of SKF
The ProShares Ultra Short Financial ETF, otherwise called SKF, has had one of the most spectacular flame-outs in market history. One minute, SKF was a superstar, raking in millions of dollars on a daily basis and dominating the most actives list. Then suddenly, the party was over. This is the E! True Hollywood Story of…
Cash 4 Clunkers, D.C. Style
Sources: Cagle’s
Apocalypse Detroit
Detroit is a scary city as evidenced by these incredible images by 7 contemporary photographers. Mitch Cope has put together a masterpiece, a set of photographs of the city that capture the hopelessness and devastation in a way that 1000 newspaper and magazine articles never could. In some of these pictures, Detroit looks almost like…
Experts Predict the Death of the Broker (Yeah, that old chestnut)
“Bill Singer foresees stock brokers not existing after this generation and instead the market will have commission-paid telephone operators who dole out information.” Forbes, August 2009 Another era, another article discussing the Death of the Broker. My friend/buddy/pal Bill Singer, a maven on all subjects pertaining to the broker/dealer and regulatory world, is quoted in…
The Big BIG Winners of 2009
Once upon a time, long long ago, there was a reason to speculate. $1 stocks didn’t go to 50 cents and then zero automatically.. There was a time when little stocks could go a lot higher from the depths of obscurity, showing you 2x, 5x, even 10x your original investment. And then the nuclear winter…
