Archive for May, 2009:

Who Will Replace GM In The Dow?

{ Posted on May 31 2009 by Joe Weisenthal }
Categories : All, Clusterstock
Several names have been bandied about as possible replacements for GM (GM) in the Dow Jones Industrial Average. Some names that have been thrown about include, Cisco, Wells Fargo, Apple, Google, Visa and Mastercard. Put your best guess below. (And for what it's ...Read More »

GM Bankruptcy Today

{ Posted on May 31 2009 by Joe Weisenthal }
Categories : All, Clusterstock
The achingly slow descent of GM (GM) into bankruptcy finally ends, as expected, today, as the storied automaker will officially file Chapter 11. June 1 has been kicked around as the drop-dead date for a long time, and there was never ...Read More »

Nassim Taleb Goes Long Inflation

{ Posted on May 31 2009 by Henry Blodget }
Categories : All, Clusterstock
The "Black Swan Protection Protocol--Inflation" fund is getting set to bet on hyperinflation. WSJ:  Universa Investments LP is known for its ties to investor Nassim Nicholas Taleb... Universa's bet is that rising prices will reach levels few expect as governments seek to ...Read More »

Review: Oblivious Investing

{ Posted on May 31 2009 by Trent }
Every other Sunday, The Simple Dollar reviews a personal finance book. The second I picked up Oblivious Investing by Mike Piper, I was immediately reminded of Michael Mihalik’s excellent Debt Is Slavery. The two books have much in common. ...Read More »

Amazon’s 25 Software Bestsellers – And Their Free Equivalents

{ Posted on May 31 2009 by Trent }
A few days ago, I was browsing through Amazon’s software category when I stumbled upon the Read More »

Northwest Plan for Social Security: Policy Proposal? or Benchmark?

{ Posted on May 31 2009 by Bruce Webb }
Categories : All, Angry Bear

Our Exploding Deficit Will Kill The Economy

{ Posted on May 31 2009 by Henry Blodget }
Categories : All, Clusterstock
In its own inimitable language, S&P warned last week that a debt-to-GDP ratio of 100% is "incompatible with" a Triple A rating.  What it meant is that the United States is rushing headlong toward a ratings downgrade--and, in the opinion ...Read More »

Another Reason Obama’s Mortgage Mods Aren’t Working

{ Posted on May 31 2009 by Henry Blodget }
Categories : All, Clusterstock
There are two problems with Obama's attempts to stave off foreclosures through mortgage modifications.  First, the program is a drop in the bucket (at best, a couple of million mortgages will be modified out of tens of millions that are underwater).  ...Read More »

Another Reason Obama’s Mortgage Mods Aren’t Working

{ Posted on May 31 2009 by Henry Blodget }
Categories : All, Clusterstock
There are two problems with Obama's attempts to stave off foreclosures through mortgage modifications.  First, the program is a drop in the bucket (at best, a couple of million mortgages will be modified out of tens of millions that are underwater).  ...Read More »

Niall Ferguson: No One Has The Faintest Idea When The Economy Will Recover

{ Posted on May 31 2009 by Henry Blodget }
Categories : All, Clusterstock
Barrons sits down with Harvard/Oxford professor Niall Ferguson.  He thinks Obama's economic forecasts are as much of an outlier possibility as another Great Depression.  He's also concerned, as we are, that there's just not enough money in the world to finance ...Read More »