San Francisco Chronicle

TGIF Market Recap: Salute Your Dilution

   [youtube=http://www.youtube.com/watch?v=kov83AXN1Xs] The Reformed Broker, AKA Professor Plum, here with today’s Market Recap… Today’s won’t be a legit recap as I am out of the office early today on a secret Golfing assignment. The big news today was the post-stress test avalanche of secondary offerings from the banks. Shareholders can Salute their Dilution while jamming…

Layoffs on Sesame Street

From the San Francisco Chronicle: The crisis on Wall Street is plaguing Sesame Street.  Sesame Workshop, the nonprofit producer of “Sesame Street” and other kids’ programs, is cutting 20 percent of its workforce because of the economic downturn. These are dark days indeed.  This disastrous economy has reached the point where even MAKE-BELIEVE places are reporting…