Kidz Korner is a relatively new feature here on The Reformed Broker where I explain complex financial issues to kids from the neighborhood in a simple, straightforward way. _______________________________________________________________________________________ Little Timmy Johnson: Hey Mister TRB, can I ask you a question? The Reformed Broker: You just did… Timmy: Oh. Sorry, can I ask you another…
Breakfast Links: Pinning Down Roubini
Stuff I’m Reading this Morning… OMG, some my fave links of the month so far today! Blankfein to Goldman employees: “Please refrain from wearing your crowns outside of the office”. (New Yorker) The recession is now screwing with the British pub business, time for us to get serious. (USA Today) Just try pinning down Nouriel…
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…
