Hot Links for Labor Day Reading… The 8 worst mutual funds that should be dumped now. (Morningstar) John Carney on the Kudlow Report talking about the FHA’s financial condition. (Clusterstock) Speaking of the FHA, Trader Mark sees some ominous signs in the default rate of loans. (FundMyMutualFund) Did inflation help bring down the Roman Empire? …
Ultimi Barbarorum
Ultimi Barbarorum Exposes the Cisco Buyback Game
People dislike share buybacks because they often feel as though there are more productive uses for the company’s cash or they would prefer their capital back in the form of a dividend. This is an argument that is open to debate as their are proponents on either side (cash payouts versus shrinking the float) with…
