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Monthly Archives: March 2009

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Treasury Plan For Buying Toxic Assets Is Complex Beyond Belief

Posted: March 21, 2009 at 8:02 am

If The Wall Street Journal's description of the Treasury's plan to get toxic assets off of bank balance sheets is correct, it may be the most complex set of programs ...
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Wholesale Credit Unions Seized

Posted: March 21, 2009 at 7:41 am

Two very large wholesale credit unions were taken over by the government, extending the scope and expense of the bailing out of the US financial system. It is another example ...
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Our Rig Count Keeps Dropping, Despite Rising Oil (BHI, OIL, USO)

Posted: March 20, 2009 at 1:01 pm

Baker Hughes Inc. (NYSE: BHI) has just released its weekly total rig counts for the US and Canada and for offshore rigs.  Despite the notion that oil is now back ...
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Bernanke Keeps Challenging ‘Too Big to Fail’ Notions

Posted: March 20, 2009 at 12:24 pm

Fed Chairman Ben Bernanke has been out in his last three or four speeches now trying to address the "too big to fail" issue.  What is interesting is that he ...
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Simon’s Dilution Takes Away Some Debt Worries (SPG)

Posted: March 20, 2009 at 9:44 am

Simon Property Group, Inc. (NYSE: SPG) priced a secondary share offering of 15 million shares at $31.50/share.  Simon also made a concurrent offer of approximately $500 million worth of 10-year ...
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The State Of Starbucks (SBUX):Inside its existential crisis.

Posted: March 20, 2009 at 9:39 am

By Dan Mitchell of TheBigMoney Most years, Howard Schultz, chairman and CEO of Starbucks, uses the annual shareholders meeting to introduce a major new product or a cool new piece ...
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The Fallacy of Buffett Takeover Lists (BRK-A, SYY, VFC, DHR, BNI, WFC, COP)

Posted: March 20, 2009 at 9:09 am

It seems that there is renewed interest in a Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) acquisition strategy for another large takeover.  This has always been on the table, ...
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Market Sees Rising Chance That Geithner Will Be Out At Treasury, Taking AIG Blame Won’t Help

Posted: March 20, 2009 at 8:39 am

The calls for the head of U.S. Treasury Secretary Tim Geithner are growing daily and with news breaking late tonight that Geithner is taking the blame for the AIG (NYSE: ...
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Will a 'going concern' note burn your money?

This Week’s Biggest ‘GOING CONCERN’ Stocks (AVR, BBI, CROX, EBHI, MGM)

Posted: March 20, 2009 at 7:46 am

We are still in the midst of "annual report season" as companies have been submitting their 10-K filings with the SEC. Or in some cases delaying those filings.  There ...
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Top Analyst Upgrades & Downgrades (EXPE, F, JNJ, CTXS, DSX, EGLE, GM, JCI, HOT, URBN)

Posted: March 20, 2009 at 6:50 am

These are the top upgrades and downgrades from Wall Street analysts this Friday morning: Expedia (EXPE) Raised to Buy at Citigroup. Ford (F) Started as Buy at UBS. Johnson & ...
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Sony Ericsson: Global Handset Sales Disaster (NOK)(MOT)(AAPL)(PALM)

Posted: March 20, 2009 at 5:21 am

Based on recent data on handset sales from research groups, Motorola (MOT), and Nokia (NOK) reinforced their forecasts that global cellphone demand could drop modestly this year It would be ...
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Oil Moves Toward $60,

Posted: March 20, 2009 at 5:07 am

Oil prices hit a low of $33.87 about a month ago. Now there are a lot of reasons that they could top $60, coming close to doubling in less than ...
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bear17

The Sony (SNE) PS3 Hits The Wall

Posted: March 20, 2009 at 4:44 am

Sir Howard Stringer, the CEO of Sony (SNE), tried to convince himself and his company's stockholders that the PS3 game platform would be a key component to turning the consumer ...
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Stupidity And The Alchemy Of Chaos

Posted: March 20, 2009 at 4:25 am

"Never apologize and never explain--it's a sign of weakness.", John Wayne as Captain Nathan Brittles in “She Wore A Yellow Ribbon.” One of the goals of big government in the ...
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bear16

Beating Collegiality Out Of The Work Place

Posted: March 20, 2009 at 4:09 am

American management began to do what it could to make office environments more pleasant sometime after the bad economic patch in 2001 and 2002. At some companies such as Wal-Mart ...
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