Stuff I’m Reading this Morning… Andrew Ross Sorkin: We ♥ Mergers. (DealBook) Mr. Juggles translates Las Vegas Sands‘ conference call from corporatespeak to English. (LongOrShortCap) Guess which pro athlete just nudged himself over the billion dollar mark in terms of career earnings? (Forbes) Byron Wein’s making a comeback…sees the rally continuing. (Bloomberg) 50 Common Mistakes…
Bloomberg
Hot Links: Crazy Buildings & Golden Coffins
Stuff I’m Reading this Morning… Good stuff: M&A boom coming to S&P 500 as cash positions relative to share prices climbs to the highest in decades. (Bloomberg) Or how about big M&A deals coming to the asset management space? Long overdue. (Morningstar) Big report on how to fix compensation comes out today…shocker: they’re not fans…
Dennis Kneale: A Cautionary Tale for the Mainstream Media
“Never pick a fight with someone who buys ink by the gigabyte.” -Joshua M Brown, September 2009 If you’re going to be on financial television, you’ve got to be one of two things: 1. An attractive, friendly personality with good interviewing skills or 2. Someone who has a good understanding of the issues and subject…
Hot Links: Nerds, Dorks, Geeks & Dweebs
Stuff I’m Reading this Morning… Global stocks, metals run out of steam overnight. Copper’s the culprit. (Bloomberg) My fave post of the week: Kanye interrupts Bernanke. Classic! (LOLFed) Federal Reserve bonus watchdogs will be embedded at Wall Street firms and banks. (Clusterstock) NYC unemployment now over 10%. Party on, Wayne. (Economix) IPO market, coming off…
Hot Links: Godspeed Patrick Swayze
Stuff I’m Reading this Morning… A roundup of various currency ETFs and how they’ve done as the dollar dropped (and dropped). (Bespoke) Sorkin: Obama‘s big reform speech fell on deaf ears on Wall Street yesterday. (DealBook) Fast-Forwarding Gordon Gekko. (NYT) They fired the Wells Fargo foreclosed mansion squatter. I kinda liked the gal. (Dealbreaker) A…
Hot Links: Don't Let Ballmer See Your iPhone, Boy
Stuff I’m Reading this Morning… China Strong, Dollar Weak. Stocks Likey. Keep walking, nothing new to see here. (Bloomberg) Mish says, “Yes, it is a Depression.” (GlobalEconTrendAnalysis) The Notorious B.I.G. sees a bullish reverse head and shoulders pattern in the chart of front-month gold prices. (Bespoke) Veteran Buffett-watcher Jeff Matthews on what the Oracle’s recent…
Hot Links: Buffett vs HFT, Denninger vs Kneale, Iran vs Everyone
Stuff I’m Reading this Morning… Warren Buffett and Vanguard’s Jack Bogle come out against High Frequency Trading. (ZeroHedge) Consumers deleveraging big time. Not sure why this didn’t get more attention when announced yesterday, big story. (FTAlphaville) Iran is getting close to a big nuclear breakthrough…maybe Obama should have lunch with them or something, maybe a…
Hot Links: Playtime is Over
Stuff I’m Reading this Morning… Gold breaks $1000 this morning! World stocks rally overnight! (no one has a job). (Bloomberg) A Kraft-Cadbury merger could be a bonanza for lawyers and bankers working on the deal. (DealBook) Christopher Hitchens on the current state of the War on Terror. (Slate) Stop feeling sorry for yourself, Dick Fuld. …
Hot Links: UNG, AT&T and Wal-Mart People
Hot Links for Weekend Reading… Think bankers are in low regard now? In 16th century Holland, they were banned from the church and treated like pawnbrokers and brothel keepers. (CreditSlips) Happy bicentennial to Elbridge Gerry, the man who ran the dollar printing presses to pay for the Civil War. (NYT) Big PR problems for AT&T‘s…
Hot Links: World of Seinfeld
Stuff I’m Reading this Morning… Biggest gain in Chinese stocks in 6 months last night, Shanghai up 4.8% on the session. (Bloomberg) The age old debate about genes and income gets a great treatment by Mike Konczal. (RortyBomb) The latest Fed meeting minutes divined for your reading pleasure. (NYT) It’s that time again…annual report to…