Reading Time: < 1 minute It’s payback time. Now that “green shoots” are everywhere, many banks, big or small, want to return the TARP money. It seems to me this government effort rescuing the financial system is pretty much like miracle, only 6 months ago, I remember it was like the sky was falling. Now everyone is healthy, at least

stlplace
May 13, 2009

Reading Time: 2 minutes I mean the Citi Bank checking account. A few years ago I opened Citi Checking account online, mainly to take advantage of a $150 offer (if I do direct deposit) or keep balance at certain level (which is $1,500). A few months ago, I switched job, and in the process did not set up the

stlplace
May 11, 2009

Reading Time: < 1 minute (Update) According to Dow Jones News, USB sold 139 million shares at $18 per share. See the news at WSJ. (Original) When I say cheap, I meant in relative terms. My benchmark: Buffett endorsed 2 banks in Berkshire annual shareholder meeting: US Bank (NYSE: USB) and Wells Fargo (NYSE: WFC). Many people did not know

stlplace
May 11, 2009

Reading Time: < 1 minute (Update) The phone sold by T-mobile USA appears only works in the US. See the spec at Nokia USA web site here. Quote the spec “Operating frequency Dual-band GSM 850/1900 MHz”. (Original) Saw the deal from dealsea. Here is the link to T-mobile. Nokia European site has more details spec for the phone. It looks

stlplace
May 10, 2009

Reading Time: < 1 minute (Update) RationalWalk has a much more comprehensive piece on Berkshire Q1 results. (Original) News from San Jose Mercury News. Quote: Berkshire says it sold 13.7 million of its 79.9 million shares of ConocoPhillips during the first quarter to generate a loss that can offset past capital gains taxes. More details from its Q1 earning report

stlplace
May 8, 2009

Reading Time: 2 minutes nVidia got no love from the street these days. After yesterday’s earning (earning call here), the stock dropped more than 10% today amid weak (margin) forecast. This exemplifies that the market tends to be short sighted.

stlplace
May 8, 2009

Reading Time: < 1 minute Yahoo Tech-ticker Disclosure: I don’t have BAC shares. I think, long term (I mean really long like 5 years) BAC is a good call option for US economy recovery. I don’t agree with Henry Bloget on this aspect: I think Ken Lewis is the right man for the job.

stlplace
May 6, 2009

Reading Time: < 1 minute Saw the McCafe (aka better coffee at McDonald) ad on TV (not on YouTube yet). But here is a Cantonese version of ad (via. YouTube). According to ChicagoBusiness, big Mac maker poured $100 million for the ad campaign. A really chilly Summer for Starbucks is coming 😀 Discloure: no longer have MCD position.

stlplace
May 5, 2009
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