Archive for May, 2009:

Obama’s Economist Austan Goolsbee: Stop Bitching, People, We Just Saved Your Lives

{ Posted on May 30 2009 by Henry Blodget }
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Categories : All, Clusterstock
Great quote from White House economic spokesperson Austan Goolsbee from the Bloomberg-Vanity Fair panel the other night.  Context: Jack Welch has just opined that Barack Obama's budget is "from the moon." GOOLSBEE: The budget is from the moon, Jack is from Mars ...Read More »

Welch: Unions Wreck The Economy

{ Posted on May 30 2009 by Henry Blodget }
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Categories : All, Clusterstock
Vanity Fair and Bloomberg put on an economic panel the other night featuring Jack Welch, Meredith Whitney, Joe Stiglitz, Oliver Sarkozy (Carlyle Group), and Austan Goolsbee. Welch stole the show.  Here's a full transcript.  We tuned in right as Welch was ...Read More »

Health care proposals coming

{ Posted on May 30 2009 by Rdan }
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Categories : All, Angry Bear
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Bullet Dodged ?

{ Posted on May 29 2009 by Robert }
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Categories : All, Angry Bear
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Sell in May, Not This Time

{ Posted on May 29 2009 by Ockham Research Staff }
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Categories : All, Ockham
With trading in May finished, we can look back at the month in its entirety and definitively say the old market adage,”Sell in May and Go Away” was wrong as could be.  The month of May was the third straight ...Read More »

Meth-Addled Aliens Robbing Banks In Tulsa

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
The nation's banking system has enough problems. It doesn't need meth-addled aliens from outer space sticking up innocent bank tellers, jumping in their UFOs and taking the dollars into the heavens. Yet that is apparently what's happening in Tulsa, OK. This ...Read More »

Bears Lose!

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
"Buy programs!" sniffed the bearish trader in our IM window just now. After a holiday-shortened week that could've killed the rally -- treasuries soaring, the mortgage market in utter disarray -- stocks rallied again! The unbelievable strength of this rally is why ...Read More »

Sending Money Quickly: The Pros and Cons of Various Methods

{ Posted on May 29 2009 by Trent }
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Categories : All, Learning, The Simple Dollar
Your brother is stuck in a small town a few states away. His wallet was stolen and he’s without a vehicle. “Help!” he cries! He needs some cash as soon as possible. What are you going ...Read More »

Aging Workers Stage A Run On Their Pensions

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
Have you heard the one about Continental Airlines (CAL) suing some of its own pilots for faking their divorce? Yeah, it's a good one. It seems 9 pilots lied about getting divorced in order to take advantage of a loophole that ...Read More »

Keeping the Market From Getting Distorted Down

{ Posted on May 29 2009 by Tim Cavanaugh }
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Categories : All, Reason Magazine - Economics
Mr. Mortgage of the Field Check Group comes up with an interesting letter from Unnamed Evil Lender, directing its operations staff to proceed only with mortgages that are already locked, in response to Wednesday's spike in 10-year Treasury bond ...Read More »
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