Why? Because the capital markets will support it, that’s why. We’re starting to see something I had hoped would be further down the pike during this economic recovery cycle: The Return of the Why-P.O. What in tarnation is a Why-P.O. you ask? It’s an IPO so pointless for investors to be involved with that you…
LA Times
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: Imus, Hitchens & the Mancession
Stuff I’m Reading this Morning… Talk radio legend Don Imus is in talks with Fox Business. (LATimes) Wonk Wars: A recap of the regulation and markets debate between Greg Falkenstein and Justin Fox of CBS Money Watch. (Falkenblog) It’s official: Gawker is calling it the Mancession. LOL. (Gawker) These stocks actually dropped during the big…
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…
Hot Links: CNBC, Fox Biz & Larry Summers
Hot Links for Weekend Reading… Bronte Capital takes on these phony baloney explanations of how Goldman Sachs could have made $22 billion in High Frequency trading. (Bronte) Speaking of Goldman, how has Warren Buffett fared with his stake? (Hint: he kicked ass so far). (DealBook) I thought this faux-CNBC homepage artwork was hysterical. (TBP) Even…
Breakfast Links: Meatbags & the Cheese Purse
Stuff I’m Reading this Morning… Are you ready for the torrent of earnings as 143 of the S&P 500 companies report this week? Here’s a preview: (TheStreet.com) Dissecting Joseph Stiglitz, this era’s “rockstar” economist. (Economist’s View) Pimco and a group of bondholders bail out CIT. Yay, I think… (Reuters) The battle for White House influence…
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)…
