Archive for February, 2009
Jim Cramer: Look East, Investor
This is interesting…watch the video
Taxpayer Money?
Last night went to an interesting seminar of journalists. Many interesting points. One of them is we all say taxpayer money is bailing out the banks/save the economy, but everyone taxpayer is also a consumer, a home owner (the majority of the taxpayers), a depositor at a bank, a borrower from banks. So if my [...]
Unemployment Rate
Jan 09′s unemployment rate just came out, 7.6%. How does that look in a historical perspective? Headline news wouldn’t give you much clue. So here are the historical unemployment numbers from the Department of Labor. So the highest rate in the past 87 years were during 1982 and 1983 when it were 9.7% and 9.6%. [...]
Wilbur Ross Talks About Mortgage
12 million American household’s mortgages are underwater, and $5 trillion was lost from American family’s net worth because of depreciating home values.
An AIG Unit’s Quest to Juice Profit
An AIG Unit’s Quest to Juice Profit (incredible story)
Warren Bufftt Still Bullish?
Buffett’s metric says it’s time to buy
Corporate Guilt
Ever since John Thain’s Commode on legs, attacking corporate excess has become the latest fashion. Today, Obama capped executive pay, and BoA plans to sell its corporate jets. Wells Fargo was forced to cancel a Las Vegas employee conference, and Goldman proactively called off its Miami hedge fund conference. Of course, heated debate on Wall [...]
Hello Again, Columbia, MO
What Missouri has anything to do with Wall Street? Right, that’s why it is surprising to see that the mayor of my Alma mater on CNBC talking to Erin Burnett. The mayor, a lovely old man, used to hang out on campus and talk to students. It brings back memories seeing some pictures of the [...]
