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Monthly Archives: September 2009

Biden’s Stimulus Speech: A Context Check

Posted: September 4, 2009 at 6:10 am

by Christopher Flavelle and Amanda Michel, ProPublica - September 3, 2009 Vice President Joe Biden marked the 200-day point of the stimulus package today with a speech at the Brookings ...
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bear

IMF: More Concern About The Recovery

Posted: September 4, 2009 at 5:46 am

What was being described by many economists just a few weeks ago as a robust recovery has become hardly any recovery at all. Economist Joseph Stiglitz recently said that improvement in ...
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Geithner

Treasury Wants Stronger Capital Base For Banks But Plans Are Vague

Posted: September 4, 2009 at 4:59 am

The Treasury wants to make banks, particularly large ones, increase their capital bases and improve their liquidity. In a statement, the department said, “Capital requirements for all banking firms should ...
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Media Digest 9/4/2009 Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 4, 2009 at 4:05 am

Reuters:   China is making it difficult for foreigners to trade in its commodidites markets. Reuters:   Toshiba will pay $5 billion for a unit of Areva. Reuters:   The SEC and CFTC ...
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china

Asia Markets And Europe Open 9/4/2009

Posted: September 4, 2009 at 3:25 am

Markets in Asia were mixed. The Nikkei fell .3% to 10,187. The Hang Seng rose .8% to 19,901. The Shanghai Composite rose .9% to 2,861. At the open in Europe, ...
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bank

Refunding The SEC

Posted: September 3, 2009 at 7:46 pm

Senator Charles Schumer believes that the SEC is underfunded. Statistics tend to support his case. The SEC’s staff of approximately 3,650 oversees 35,000 entities.  Securities trading volume has increased 261% ...
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Can Verizon Raise Dividend Indefinitely? (VZ, T)

Posted: September 3, 2009 at 2:30 pm

Verizon Communications Inc. (NYSE: VZ) did not immediately rise despite the announcement from the company that it was raising its quarterly dividend.  Most dividend hikes do not raise the price ...
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24/7 WallSt TV

24/7 Wall St. TV: Madoff As SEC Chief

Posted: September 3, 2009 at 1:52 pm

Case No. OIG-509 from the SEC Office of the Inspector General, also known as “Investigation of Failure of the SEC To Uncover Bernard Madoff’s Ponzi Scheme”, is good reading. The ...
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TV

Fox Business Lasts Less Than Two Years

Posted: September 3, 2009 at 1:23 pm

MSBNC, operated by the NBCU division of GE (GE) and CBS (CBS) made the mistake of throwing Don Imus off the air in April 2007. He made intemperate and distasteful ...
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nok

Amazon (AMZN) Kindle And Sony (SNE) E-Readers Wildly Overpriced

Posted: September 3, 2009 at 1:03 pm

The e-reader market which has been the subject of so much media attention may be going through a growth spurt now, but that is not likely to last. Sony (SNE) ...
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Solar Panel Pic

First Solar Scores With New CEO (FSLR, HON, GE)

Posted: September 3, 2009 at 11:43 am

First Solar, Inc. (NASDAQ: FSLR) is making a significant management change, right at the top of the company. Mike Ahearn is stepping down as CEO and will be replaced by ...
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Buffett Gets Deeper Into Housing and Real Estate (BRK-A, LUK, GS, CIT, HD, LOW, USG)

Posted: September 3, 2009 at 11:19 am

Warren Buffett is positioning Berkshire Hathaway Inc. (NYSE: BRK-A) to profit when the housing and property market returns to more normal levels.  Now, he is teaming up with what many ...
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The $1,000 Gold Call Returns (GLD, GDX, UGL, ABX, HMY)

Posted: September 3, 2009 at 10:31 am

The commodities call is back on.  It isn't $100 oil, but it is for $1,000.00 gold.  We have two well respected market technicians calling for higher gold prices.  At 10:12 ...
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Citi Now 33.6% Gov’t Owned… Reverse Split Seems Imminent (C)

Posted: September 3, 2009 at 9:46 am

Citigroup, Inc. (NYSE: C) is going to have a very active day ahead of it.  The troubled banking giant has just announced that its common stockholders approved the three resolutions ...
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Top Day Trader Alerts (FNM, FRE, HOV, INWK, JAVA, ORCL, SEPR, SVA, ZUMZ)

Posted: September 3, 2009 at 9:04 am

These are this Thursday’s top day trader and active trader alert stocks.  We have links through to each with more detailed price/volume analysis over at VSinvestor.com: Fannie Mae (NYSE: FNM) ...
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