Disclaimer: My commentary below is strictly a relaying of publicly-available news from major publications. I have absolutely no interest in being responsible for anyone’s investments who reads this website without doing their own homework. OK, I had to satiate the gods of regulation. Now that it’s just us adults, I thought I’d discuss yesterday’s news…
Bailouts
When the Banks Bailed Out America
As a result of the 2008-2009 credit crisis, the United States government has committed over $700 billion to bail out the banks in order to stem the tide of systemic meltdown. As the populace rages about these rescues and how the banks themselves have chosen to use these funds, it is important to remember that…
Creating a Bailout Army of Retail Investors
I’m actually OK with this one. If the taxpayers are going to be on the hook for the losses, they should get a crack at the upside, too (hopefully there will be an upside). And if that opportunity comes in the form of retail funds created by quality organizations like the Pimco‘s and the BlackRock‘s…so…
Domino's Pizza Rips on the 2-and-20 Set
[youtube=http://www.youtube.com/watch?v=2nggsJI6Aro] Yes! The Big Taste Bailout is for everyone, except the hedgies. You know you’re in a f%$@ed industry when even the most trailer trash pizza chain and its customers have a laugh at your expense. Has the backlash against hedge funds reached it’s zenith with this spot? What’s next, Taco Bell offers the Beefy,…
The Ener1 Situation is Exactly Why We Suck
I haven’t made many recommendations for clients in alternative energy stocks because a lot of the names that look commercially viable just seem too far away from profitability or are subject to drastic margin erosion (solar stocks, anyone?). I guess I’d rather be late but at least be involved in something proven. I read about…
