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Daily Archives: December 17, 2008

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Top 10 Pre-Market Analyst Upgrades & Downgrades (ACTI, BCE, KSU, MYL, TEVA, AXP, AAPL, ROCK, SNV, TKC)

Posted: December 17, 2008 at 8:37 am

It is getting rather thin in analyst coverage, but these are the top ten analyst upgrades and downgrades we have seen this Wednesday morning:ActivIdentity (NASDAQ: ACTI) Started as Buy at ...
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China

As Recession Visits, China’s Middle Class Riots

Posted: December 17, 2008 at 8:16 am

"One riot, one Ranger"--inscription on statue dedicated to Texas Rangers, 1960.During the last century, Texas was long on land and short on lawmen. That means that each dispute got one ...
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Data

Citigroup Reorganization: Playing With Toy Soldiers

Posted: December 17, 2008 at 6:36 am

Citigroup (C) will probably merge its commercial bank and investment bank. That makes sense. They both serve corporate customers. Investment banking fees are down and so is corporate lending. Efficiency ...
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Angrybear

Who Made All The Money That Madoff Lost?

Posted: December 17, 2008 at 6:23 am

No one knows where Madoff's money went. It would be hard for him to spend $50 billion on himself. He could have secretly sent it to charities round the world. ...
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Fed

For The Fed “There are no second acts in American lives.”

Posted: December 17, 2008 at 6:12 am

F. Scott Fitzgerald was right. One chance and one chance only. The Fed took its last step by cutting rates to zero and saying it will buy up all of ...
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Tx00338coilwellgusherodessatexaspos

OPEC Ready To Trump Deflation

Posted: December 17, 2008 at 6:02 am

OPEC is serious now. The nut-ball dictators who run Iran and Venezuela need more money to balance their budgets and keep the flow of capital to terrorists going. In Saudi ...
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Forgiving The SEC

Posted: December 17, 2008 at 5:41 am

SEC chief Christopher Cox admits that the agency bungled the Madoff matter. He says that the agency received warnings as early as 1999. For some reason those warnings did not ...
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As Apple (AAPL) Pulls From Macworld, Its Shareholders Miss The Point

Posted: December 17, 2008 at 5:18 am

As Freud said, "Sometimes a cigar is just a cigar". It is not always a symbol for a part of the male anatomy. It is a smoke, a pleasure, something ...
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Newspaper

Media Digest 12/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 17, 2008 at 3:55 am

According to Reuters, the Fed may need to use a trillion dollars to halt the economy from moving into a period of deflation.Reuters reports that OPEC will make the largest ...
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Brit

Asia Markets And Europe Open 12/17/2008

Posted: December 17, 2008 at 3:17 am

Markets in Asia were slightly higher. The Nikkei rose ,5% to 8,613. The Hang Seng rose 1.5% to 15,261.The Shanghai Composite was up .1% to 1,977.At the open, the FTSE ...
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