Archive for May, 2009:

Jeff Macke Will Be Back For One More Week

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
Jeff Macke fans rejoice! You haven't seen the last of the Mackster on CNBC's Fast Money. He wrote yesterday on Minyanville that he'll be on the show Monday, though according to our source, this is just temporary. As we first reported ...Read More »

CHART OF THE DAY: And Ken Lewis Still Hasn’t Been Fired…

{ Posted on May 29 2009 by Joe Weisenthal,Kamelia Angelova }
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Categories : All, Clusterstock
Now that the banks aren't on deathwatch, Ken Lewis's perch atop Bank of America (BAC) looks secure. But a comparison to rival JPMorgan (JPM) reveals just how much value Ken Lewis has destroyed over the past 18 months.  If the ...Read More »

The Art of the Marinade: Making Inexpensive Foods Dazzlingly Tasty for Pennies

{ Posted on May 29 2009 by Trent }
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Categories : All, Learning, The Simple Dollar
Whenever I see great deals on free range chicken or beef, I stock up without hesitation, filling our freezer with pounds of roast, tenderloins, chicken breasts (and other pieces… and whole chickens), fish fillets, steaks, and chops. You might ...Read More »

Is The Media Shunning Jim Rogers And Peter Schiff?

{ Posted on May 29 2009 by Joe Weisenthal }
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Doomsayers make for good TV, but does the media have something agaisnt the real apocalypic uber-bears? The Daily Crux notes that you hardly ever see Jim Rogers on TV these days, and suspects that it's because the networks aren't keen on ...Read More »

Bill Ackman Deserved To Lose His Target Fight

{ Posted on May 29 2009 by Joe Weisenthal }
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So activist investor Bill Ackman got roundly slapped down in his effort to get board representation on the Target (TGT), wasting more than $10 million in the process. The media likes guys like Ackman cause he's an activist going after an ...Read More »

Really Fat People Costing U.S. Economy $117 Billion A Year

{ Posted on May 29 2009 by Dan Colarusso }
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The nation's obesity epidemic does far more harm than simply making riding subways a pain and going to ballgames uncomfortable. There's a huge price tag on it, too. Reuters give us the rundown this morning. •About two-thirds of adults over age 20 ...Read More »

Madoff’s California Victims Want Taxes Back From Broke State Treasury

{ Posted on May 29 2009 by Dan Colarusso }
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More than 60 angry Californians vented their spleens at state lawmakers last night. Their demand: Tax relief to offset their losses in Bernie Madoff's Ponzi scheme. According to the LA Times, the group "gave state senators an earful at a hearing ...Read More »

Krugman: All This Inflation Fear-Mongering Is A Right-Wing Plot

{ Posted on May 29 2009 by Joe Weisenthal }
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All this talk about inflation, hyper-inflation, an inability to pay off our debts, printing money, the steepening yield curve... Paul Krugman is having none of it. Not only that, he argues in his latest column, it's all being driven by ...Read More »

Fed: We Were Never Trying To Set Credit Market Rates

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
The Fed has finally responded to the soaring mortgage rates, and the apparent failure of quantitative easing. Their spin -- courtesy of CNBC's Steve Liesman (natch) -- is that the Fed was never trying to force down mortgage rates or "set" ...Read More »

Fed: We Were Never Trying To Set Credit Market Rates

{ Posted on May 29 2009 by Joe Weisenthal }
No Comments
Categories : All, Clusterstock
The Fed has finally responded to the soaring mortgage rates, and the apparent failure of quantitative easing. Their spin -- courtesy of CNBC's Steve Liesman (natch) -- is that the Fed was never trying to force down mortgage rates or "set" ...Read More »
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