More Hot Links for Weekend Reading… Revenge of the debtors…the revolt of the indebted begins. (NYT) A few ways to look at whether or not the market is cheap right now. (PragCap) So the Fed has set up an “Investor Advisory Council”, chances are you’re not invited. (Jesse’s Cafe Americain) The shorts are capitulating. (Bloomberg)…
Bloomberg
Breakfast Links: Trader Mark, Judd Apatow and the Cankle Epidemic
Stuff I’m Reading this Morning… The NYSE applies the old “Grandmother Rule” in it’s barring of a bad broker. (SEC Teaparty) Javier Bardem is out as the villain of the Wall Street sequel. Check out the comments section on Dealbreaker for some of the most hilarious replacement suggestions imaginable. (Dealbreaker) So far, a monstrous comeback…
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…
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)…
Breakfast Links: CIT, Jimmy Carter & The Grapes of Wrath
Stuff I’m Reading this Morning… The exact date that the Chinese stock market will collapse. (MoneyScience) Stick a fork in CIT Group, 1908-2009. (Bloomberg) They caught the runaway Credit Sueeeeesse broker, and no, he wasn’t at Le Cirque. (NYT) Virginia is for Usury. (LOLFed) JPMorgan smokes their numbers, 28 cents vs 4 cents expected…get ’em…
Breakfast Links: SAC, Teenagers & Buy and Hold
Stuff I’m Reading this Morning… Larry Kudlow hosted a debate between Prof Jeremy Siegel and Barry Ritholtz about Buy and Hold. (TBP) Securitizing Teens? Someone with too much free time discusses paying teachers based on the earnings of their former students. (Freakonomics) Calpers no likey the ratings agencies! (NYT) Peter Barnes of Fox Business and…
Breakfast Links: Cody Willard, CIT, Sun Valley & Jay-Z
[vodpod id=Groupvideo.2945931&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] OMG, everything is wrong with this video, Batman, Robin & assorted villains sing “At The Hop” in Spanish for some reason, and then at around the 1:18 mark, a mini Spider-Man appears for no reason whatsoever (Spidey is a Marvel character, Batman is DC). This thing is nine types of bizarre. OK, on…
Breakfast Links: Reason #267 that Soccer Rules
[vodpod id=Groupvideo.2939270&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Stuff I’m Reading this Morning… The wonks think that Ben Bernanke‘s job will be safe when his term expires in January. (MarketWatch) Simon Johnson wonders who OUR Upton Sinclair will be…where’s a good muckraker when you need one? (Baseline Scenario) Business people and investors bug out as China locks up four Rio Tinto…
Pssst…Wanna Buy GM's Jersey Golf Course?
The General Motors Garage Sale is in full effect, with the bankrupt behemoth selling off all random and peripheral properties and businesses it’s acquired over the last 100 years. For sale currently are such thrilling items as a parking lot in Flint, Michigan and a self-polluted stretch of land bordering the St Lawrence River that…
We're All Correlated Now
Lockstep Main Entry: lock·step Pronunciation: ˈläk-ˌstep Function: noun 1 : a mode of marching in step by a body of persons going one after another as closely as possible 2 : a standard method or procedure that is mindlessly adhered to or that minimizes individuality — in lockstep : in perfect or rigid often mindless…
