Hot Links for Weekend Reading Ever wonder about the “being responsible” side of trading on your own for a living? I have a lot of trader friends and I respect the discipline they show in terms of segregating moneys and so forth in the heat of the battle. Michael Higgins of Tickerville wrote a really…
Barry Ritholtz
Ritholtz: Get Long Torches and Pitchforks
Barry Ritholtz of The Big Picture makes the case for Bank Nationalization, this time in a fantastic interview on Yahoo!’s Tech Ticker. Must-see whether you agree or not. Ritholtz on TechTicker
Hot Links: LOLFed, Bailout Nation & Bill Singer
Hot Links for Weekend Reading I confess, I am now officially a LOLFed junkie. This week, they gave us the NYSE’s new Dollar Menu, featuring items like Citigroup, Pier 1 and Vonage. Alyx, you rule. The week started with another bombshell (non) earnings report from AIG, the hedge fund that happens to be attached to…
Lindsey Graham Looking For Zombies
S.C. Senator Lindsey Graham: Is AIG a “Zombie”? Fed Chairman Ben Bernanke: Umm, No. Graham: So if AIG isn’t a zombie, who is? Bernanke: There aren’t any large zombie institutions that I know of. Hey Ben – Reality called, it said to check in sometime, it’s been awhile. What is a Zombie Bank? (The Big…
Hot Links: Zombie Banks, the Trader Tax & Doug Kass
Hot Links for Weekend Reading On The Big Picture this week, Barry Ritholtz explained the definition of a Zombie Bank, complete with a table of companies that currently qualify as zombies. TheStreet.com‘s James “Rev Shark” DePorre has certainly been busy this week with the launch of his petition to combat the “Trader’s Tax“. It seems…
Hot Links: Maxine Waters, Bailout Nation and A-Rod
Hot Links for Weekend Reading This week, we watched another episode of half-educated Congressional grandstanding. This time around, the focus of misguided indignation was how much TARP money ended up being paid out to executive compensation and bonus by the largest banks. The show-stealer was none other than Maxine Waters, the representative of California’s 35th…
Hot Links: Gold, TARP and Pink Slip Parties
Hot Links for Weekend Reading This past Sunday, the most memorable commercial on the Super Bowl was Cash4Gold‘s spot featuring MC Hammer and Ed McMahon. What made the commercial memorable was not the humor (down-on-their-luck celebs melting their gold for money). No, the memorable aspect was the very existence of a cash for gold company…
Hot Links: When Giants Clash
Hot Links for Weekend Reading Shedlock vs Schiff The big hullabaloo in Wall Street Blogland this week was the unsolicited Peter Schiff beatdown issued by Michael “Mish” Shedlock (Sitka Advisors) on his Global Economic Trend Analysis site. Mish was sick of all the “Peter Schiff Was Right” promotional videos floating around and decided to call…
Hot Links: Ken Lewis Edition
Hot Links for Weekend Reading: The country is made up of two types of people right now, those who care about the Bank of America/ Merrill Lynch saga and those who truly don’t mind being robbed and pillaged in broad daylight. When the news came out that Merrill Lynch CEO John Thain requested a $10…
Hot Links
Hot Links Weekend Reading: The always erudite Equity Private wrote two great posts this week on Dealbreaker. The first was a satirical how-to guide to escaping capture after a “Massive Financial Fraud“. The advice includes “Don’t Watch CSI” and “Have a Plausible Explanation for Why Your Body isn’t Found”. He also wrote a timely and…