Reading Time: < 1 minute Unbelievable shot at the end of 1st half. Link here. Actually coach Anderson did ask players do those long range shoots in practice. It surely paid off.
Reading Time: < 1 minute Time to do some homework, amid all these AIG bonus (Yahoo Tech-ticker; NY Times op ed), and toxic asset plan (Krugman vs. Geithner craziness). I decided to calm down and took a look at US Bank (bancorp) (NYSE: USB; company IR page). Articles I read from seekingalpha Amit Kumar: Bank stocks: invest or trade? Martin
Reading Time: < 1 minute Toxic asset plan, or Public Private Investment Partnership (PPIP). Charile Rose Hedge fund manager’s perspective: Daniel Alpert is a managing director of Westwood Captial and Thomas F Steyer is Co-Managing Partner of Farallon Capital Management (total about 22 mins)
Reading Time: < 1 minute The plan Tim Geithner (WSJ): My Plan for Bad Bank Assets (aka Public Private Investment Partnership, PPIP); Treasury dept press release. Notice the PPIP will leverage the TALF program launched by Fed recently. Here is a picture explains how PPIP works with TALF. (click to enlarge) I think it’s important to read those before reading
Reading Time: < 1 minute Link here. See the video below. Watch CBS Videos Online The only thing I want to add is: what a game.
Reading Time: < 1 minute AIG bonus. 90% tax. Clawback (that’s new word for me). Goldman Sachs. The bank rescue (aka toxic assets) plan Tim Geithner (WSJ op ed March 23) My Plan for Bad Bank Assets; NY Times article; WSJ article. Paul Krugman (the recent Nobel Economics winner) comments (one, two) Meet the press, Face the Nation and ABC
Reading Time: < 1 minute (Update 31March09) Wells Fargo is saying they may cut foreign staff (source: marketWatch). (Original) I was expecting Coca Cola’s proposed Huiyuan Juice acquistion go through, but obviously things did not turn out as I expected. While the free trade people in the US are upset by this, they should remember in 2005, the US congress
Reading Time: < 1 minute From Charlie Rose, March 17. A conversation about AIG with Hank Greenberg former chairman and CEO of AIG, Carol Loomis Senior editor-at-large of “Fortune”, Gretchen Morgenson of “The New York Times” and Meredith Whitney.
Reading Time: < 1 minute It appears CBS 60 minutes have hit two runs in a row. Last Sunday they had current Fed chairman, Ben Benanke on the show. This coming Sunday, they will have President Obama. Also, Mr. Obama is going to appear at Jay Leno’s Tonight show this Thursday 3/19. Those two shows (I mean 60 minutes vs.
Reading Time: < 1 minute google finance (NYSE:BGP) cash flow, note the numbers in bold In Millions of USD 52 weeks ending 2008-02-02 52 weeks ending 2007-02-03 52 weeks ending 2006-01-28 52 weeks ending 2005-01-23 Issuance (Retirement) of Stock, Net 7.60 -122.70 -238.30 -132.50 Issuance (Retirement) of Debt, Net 43.40 303.30 -1.40 6.80 I has been a Borders customer for
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