The following memo blew down Avenue of the Americas and got caught under my foot on the way into Del Frisco’s Steakhouse. All Fox Business Network Personnel: While reports have been circulating around the World Wide Web that journalist Charles Gasparino will be leaving CNBC to join our Fair and Balanced family here at Fox…
Charlie Gasparino
They Won't Have Ken Lewis To Kick Around Anymore
The big breaking news this evening is the resignation of Bank of America‘s embattled CEO Ken Lewis (damn, I’ve had to type the phrase “embattled CEO” a lot this year) which will take effect on January 1st. There was plenty of speculation that this would happen as investigations into the Merrill acquisition scandal began to…
Hot Links: Bizarro FDIC
Stuff I’m Reading this Morning… Dollar down, stocks and commodities _____? Yeah, yeah, you know the rest. (Bloomberg) Story of the Day: Bizarro FDIC to borrow money from…The Banks! (NYT) This was fascinating: World economies and where we are on the productivity curve. (Clusterstock) Maryland is the most moneymaking state in the US. (CNNMoney) John…
Hot Links: Roubini Backlash & The Battle of the Books
Stuff I’m Reading this Morning… Is the Nouriel Roubini Backlash underway? If so, then Damien Hoffman has just fired the opening salvo. (WSCheatSheet) The battle of the books: Google blocked by Yahoo, Amazon and Microsoft consortium. (DealBook) Rolfe takes issue with the Buffett op-ed from this week. (Reuters) Goldman Sachs getting serious about it’s image,…
Hot Links: Prechter, Keynes & MJ's Glove
Stuff I’m Reading this Morning… Elliot wave fanatic Bob Prechter looking for $10 a barrel crude oil over the next few years, completing the supercycle that started in the 90’s. (Clusterstock) Karl Denninger explains karma to Bank of America. (MarketTicker) Abercrombie can’t catch a break. (YahooFinance) Michael Jackson‘s glittery glove is going up for auction….
Breakfast Links: Heidi Moore, Bill Clinton & Runpee.com
Stuff I’m Reading this Morning… Heidi Moore get’s her head handed to her by Matt Taibbi after her silly Goldman Defense…(TrueSlant) Is Taibbi’s next conquest Charlie Gasparino and CNBC? On Imus Radio? (Clusterstock) Mike Konczal on unemployment insurance, great post. (Rortybomb) Finally, an interesting stimulus handout: Advanced batteries for cars. (WSJ) Bill Clinton is STILL…
Breakfast Links: Livermore, Gasparino & the 2nd Ave Subway
Stuff I’m Reading this Morning… Carney may be onto something re: Epstein‘s “Hedge Fund”. The next Ponzi? (Clusterstock) Thank heavens for Greenback’d, a monster list of every activist investor situation going on right now. (Greenback’d) NEXT Financial gets nailed…gotta supervise those OSJ branches, people. (BusinessWire) Charlie Gasparino has a secret un-admirer who thinks he went…
Hot Links: Appraisals, iPhones & Dinner With Gasparino
Hot Links for Weekend Reading… Baruch gets the new iPhone but is disappointed that it fails the cafe table test. (Ultimi Barbarorum) Rick Bookstaber writes the definitive checklist of suspicious things a hedge fund will do when it’s in trouble and desperately flailing to dig out. (Rick Bookstaber) Barry Ritholtz uncovers an attempt by the…
Congrat's to Jamie Dimon, On Time's 100 Most Influential List
Magazine editors love making lists for the simple reason that people love buying magazines that contain lists. Everyone loves a ranking, even a nonsensical ranking, like a list of the most influential people in the world. Time Magazine put out its World’s Most Influential 100 People in 2009 list this week and as usual, the…
Hot Links: Charlie, AOL, J Crew, MLB, Schumer & Biden
Hot Links for Weekend Reading Let’s start off with The Daily Beast’s Charlie Gasparino‘s take on the BofA/ Ken Lewis/ John Thain showdown. Thain went off on his former boss but Charlie stayed neutral: “Watching these guys go at it is kind of like watching old World War II footage of battles between Germans and…
