Archive for May, 2009:

Tim Geithner Going To China

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
The nation's #1 bond salesman Tim Geithner is jumping on a plane this weekend to China. What's he gonna tell them? Well, presumably he'll reiterate that US debt is a great investment. But (and this is seemingly contradictory) he's going to ...Read More »

Analyst Says The Treasury Collapse Is Bullish Sign

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
You've seen the scary charts showing just how bad the Fed's policy of quantitative easing has failed. Although it would love to push long-term interest rates down to 4%, the market was having none of it. And the general consensus ...Read More »

Top Buffett Aide Says There’s No Sign Of A Recovery

{ Posted on May 29 2009 by Joe Weisenthal }
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During the recent Berkshire Hathaway (BRK) annual meeting, Warren Buffett admitted that signs of an economic recovery were few and far between, at least as his businesses. His close advisors are saying the same thing. Speaking at the Ira Sohn investment ...Read More »

The Morning Download

{ Posted on May 29 2009 by Henry Blodget }
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Stocks, Oil, Metals Rise on Evidence World Recession Easing; Dollar Drops GM Bankruptcy Will Be a Dickensian Tale of Best of Assets, Worst of Assets Hopes rise for fast GM bankruptcy exit Bondholders give way on 11th-hour ...Read More »

What’s Happening Today: Friday, May 29

{ Posted on May 29 2009 by Joe Weisenthal }
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Macro: Q1 GDP (Prelim) 8:30 Chicago PMI 9:45 Earnings Tiffany (TIF) 8:30 AM Television Bloomberg: 1:40 PM - Marc Porter, President: Americas, Christies 2:00 PM - Jerome York, CEO, Harwinton Captial LLC 4:10 PM - Barton Biggs, Partner, Traxis Partners 6:30 PM - Robert Zoellick, President, World Bank Fox Business: 7 AM ...Read More »

Starbucks To Shake Down Landlords For Lower Rent

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
We've suggested that anyone who rents a place go to their immediately and demand a rent cut. In New York, anyway, from what we've heard, major multi-building landlords are losing tenants by the day and in some cases are offering ...Read More »

Starbucks To Shake Down Landlords For Lower Rent

{ Posted on May 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
We've suggested that anyone who rents a place go to their immediately and demand a rent cut. In New York, anyway, from what we've heard, major multi-building landlords are losing tenants by the day and in some cases are offering ...Read More »

GM Going Bankrupt On Monday

{ Posted on May 29 2009 by Henry Blodget }
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Categories : All, Clusterstock
GM will file for bankruptcy on Monday, Bloomberg says.  It will then split into a "good GM, bad GM," with the good GM looking to be profitable within 60-90 days.  In a change from the previous plan, current shareholders will ...Read More »

GM Going Bankrupt On Monday

{ Posted on May 29 2009 by Henry Blodget }
No Comments
Categories : All, Clusterstock
GM will file for bankruptcy on Monday, Bloomberg says.  It will then split into a "good GM, bad GM," with the good GM looking to be profitable within 60-90 days.  In a change from the previous plan, current shareholders will ...Read More »

Paying for Healthcare…a primer of options

{ Posted on May 29 2009 by Rdan }
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Categories : All, Angry Bear
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