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90 Comments

    • Thu Nov 27th 08:31 AM
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      Commented on:
      Top Turkeys of 2008
      TURKEY BUSH!
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    • Tue Nov 25th 03:11 AM
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      Commented on:
      Citigroup Avoids Bankruptcy, Will Citizens Fare as Well?
      Did you see Citi exec's coming out on CNN and saying they were going to buy other banks toxic assets and hope make a killing in the long run?

      I think the fed and treasury know what is happening and looking to benefit when loose their jobs when Obama sits in.
      View article »
    • Tue Nov 25th 03:03 AM
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      Commented on:
      A Different $700 Billion
      Why is it governments can only come with infrastructure projects to simulate employment? Infrastructure projects are good, but benefit mainly the construction industry which much is lost through contacting, sub-contracting, etc., and what happens when the projects are completed?

      Can't governments do more for the middle class and small business where longer economic benefits can be realized?
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    • Tue Nov 25th 01:37 AM
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      Commented on:
      Why Citigroup Imploded
      Having watch part of his interview on CNN, I wouldn't take too much attention to what Prince Alaweed said.

      I don't think anyone really knows what are the assets, not even the treasury/ fed but they are backing them.
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    • Thu Nov 20th 22:55 PM
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      Commented on:
      Paulson Trying to Rewrite His Own History
      Well Paulson only has little over 6 weeks to go before he joins his friends probably in AIG!

      I don't think anyone could have predicted how bad the situation would get. I thought it would be a bad year in Jan, but this way beyond my expectations.

      Worse thing is Paulson don't understand impact of his decisions.
      View article »
    • Wed Nov 19th 23:03 PM
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      Commented on:
      The Return of the $70 per Hour Meme
      Focusing on a single number is not going to mean much, as it can't represent everything.

      I watched some of the congressional hearing yesterday and what was missing (and correctly asked) was do you have plans for the bailout money and answer was disappointing. Senior management change is really needed and this can only come about with major change.

      What will happen is similar to AIG, once in your in and money needs to keep pouring in.
      View article »
    • Wed Nov 19th 22:16 PM
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      Commented on:
      Motorola: Fallen and Can't Get Up
      its not whether MOT can get up - more like can the DOW, Nas, Russell get up! many stocks are below $10 - only way is down!
      View article »
    • Tue Nov 18th 12:02 PM
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      Commented on:
      A No-Confidence Vote Among Financial Stocks
      With the government taking stake in the banks they become more like policy banks, which on the whole is not good for prudent lending. In way we are back to square one of easy credit and money which led to us the current problem.

      Couple with toxic assets which are devaluing with the worsening economy leaves very little to be positive about the financial companies.
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    • Sun Nov 16th 11:14 AM
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      Commented on:
      JPMorgan (JPM) is drawing up plans to axe thousands of jobs worldwide, on a scale comparable to recent cuts at peers Citigroup (C) and Morgan Stanley (MS) - about 10% of its workforce.
      about time since it does a really bad job of integrating its mergers /purchases
      View news story »
    • Sun Nov 16th 08:38 AM
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      Commented on:
      Parsons Is a Poor Candidate for Chairman of Citigroup
      too true - the old guard must be replaced or all the bailout money is being wasted!
      View article »
    • Sun Nov 16th 08:34 AM
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      Rating: 0 0
      Commented on:
      G-20’s Done: Time to Recheck Buy Signals
      so what are you saying? emerging and first world economies are out of kilter with each other and require very different stimulation - so how does this have an effect on the buy signal? probably buy emerging markets more so then the first world markets?
      View article »
    • Sun Nov 16th 07:08 AM
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      Commented on:
      Doom and Gloom for Retail Sales, Both Online and Off
      rent will get cheaper, stock will get cheaper, wages may decrease or at least the wage bill will decrease with lay offs and margins decrease, hence it will be cheaper to buy from shops...e-commerce will need to react.
      View article »
    • Fri Nov 14th 07:50 AM
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      Commented on:
      The Bailout: How’s It Doing?
      with a different focus banks will depressed for lot longer time!
      View article »
    • Wed Nov 12th 12:54 PM
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      Commented on:
      Could AIG Kill GM's Chances for a Bailout?
      Providing cash to the auto industry only prolongs the collapse. What has AIG done to change the situation since receiving the initial $80B - consume an additional $70B and now AIG is effectively nationalized/ privatized hence can not fail.


      View article »
    • Mon Nov 10th 11:23 AM
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      Commented on:
      AIG Needs More of Your Grandkids' Money
      well, with only 3 months to keep their jobs time is running out to help their friends and get a cushy position when they leave.

      the first attempt failed and only prolonged the issues, now with the USA picking up the tap and essentially nationalizing AIG, it can't fail.
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