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  • Wall Street Breakfast: Must-Know News [View article]
    jack
    Stop the bull. The democratic controlled senate passed all the nominees.
    I guess all the Clinton and Carter appointments to SCOTUS are just wonderful in your book.
    Once in your writing try some objectivity and stop the partisan BS.
    May 25 09:37 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    basehitz
    The unknown in HPQ stock price is what inroads the competitive sales forces will be able to exploit at their traditional large customers.
    I am sure that a lot of CIO's are going to get pressure from their senior management to evaluate both the commitment to HP and the pricing that they pay HP.
    Both will have a yet to be determined effect on the earnings.
    May 25 09:34 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    James
    The teenagers at FB are about to get a rude wake up call from the grown ups in the legal world.
    May 25 08:42 AM | 4 Likes Like |Link to Comment
  • The real nightmare scenario for the EU power elite is what if Greece exits EMU and thrives, says BNY's Simon Derrick. If Greece leaves, devalues, collapses, and then quickly rebounds (a la Iceland, though it was never part of the eurozone), the other struggling states (and their electorates) are sure to take notice.  [View news story]
    The Greeks have a better chance of pulling it off than the Californians do.
    May 25 07:57 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Leaman wins battle for Archstone.

    What a farce. The SEC and DOJ find nothing wrong with Leaman and the remnants of the old firm continue on.

    Note to Corzine: Nothing to worry about; sleep easy as the old boys club has your back.

    Note to little guys: You got screwed again. The same will applied to your purchase of FB. The Greeks have it right not to trust the bankers.
    May 25 07:53 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Amazing that when one (be it person or country) is dead broke, they can't spend any more money.
    Must be some new economics.
    May 24 04:40 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    bob
    "If politicians couldn't take Corzine's or the Bankster's money..."

    Is it on purpose that you fail to mention union money?

    The unions are just as corrupting on the politicians as the bankers.
    May 24 12:52 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    bob
    "we have public financing of elections, then the politicians would work for the public"

    You are dreaming about utopia.
    They don't work for the public now and this sure as hell won't change that.
    May 24 12:23 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    bob
    " Corzine and the banksters will never be brought to justice."

    Correct you are. This is the problem that needs addressing; not the issue of funding for elections.
    May 24 12:21 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    bob
    Tariffs? Lets bring back Smoot-Hawley. That really worked out just great in 1930.
    As for "Infrastructure projects/spending is a great idea", just how do you propose to pay for it?
    May 23 09:56 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The CBO is nuts.
    Do nothing and the economy will grow 4.4% and add 2 million jobs?
    And just why will this prediction come true when the rest of the world is in worse shape than the U.S.?
    What happens if the cuts and tax increases don't come about and interest rates rise? I guess we just become Greece.
    May 23 07:48 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Maybe JPM's golden boy ain't so golden after all.
    Looks like the bankers have learned nothing from their past sins.
    May 18 07:35 AM | 12 Likes Like |Link to Comment
  • Does the Fed exacerbate income inequality? "The relentless expansion of credit by the Fed creates artificial disparities based on political privilege and economic power," Mark Spitznagel writes. "This coercive redistribution has been a far more egregious source of disparity than the president's presumption of tax unfairness... or deregulation." Even Paul Krugman isn't buying it.  [View news story]
    Hedged in

    "Actually, the Fed's policy of low rates has led to lower rates for people with credit card debt."

    I don't know who you are talking about. The working people I know have not had their rates lowered.
    Apr 21 06:35 PM | 4 Likes Like |Link to Comment
  • Does the Fed exacerbate income inequality? "The relentless expansion of credit by the Fed creates artificial disparities based on political privilege and economic power," Mark Spitznagel writes. "This coercive redistribution has been a far more egregious source of disparity than the president's presumption of tax unfairness... or deregulation." Even Paul Krugman isn't buying it.  [View news story]
    Ben has been on a program to destroy the middle classes and especially the seniors since 2008.
    His policy of zero rates for the bankers so they can charge 29% on credit cards should be enough to put an end to his reign of terror.
    Apr 21 12:20 PM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    NO. It started when the NY AG forced out Greenburg who, had he stayed, would never have allowed the charade to take place.
    Apr 20 01:40 PM | 1 Like Like |Link to Comment
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