Archive for May, 2009:

Remember When Financial Stocks Moved A Lot?

{ Posted on May 28 2009 by Joe Weisenthal }
Categories : All, Clusterstock
Flash back a month ago. If the market was up one day, the financial stocks were up huge. Go back four months, and on days when the market was down, the bank stocks got crushed. Now you hear barely a peep ...Read More »

‘But My Wife Made Me Buy This Crappy, Overpriced House!’

{ Posted on May 28 2009 by Joe Weisenthal }
Categories : All, Clusterstock
Somehow we have the feeling that the story of Edmund Andrews isn't all that rare. Well, certainly subprime borrowers blowing up are common. But we mean guys who don't put up more of a fight when their "eclectic" and pursuasive ...Read More »

‘But My Wife Made Me Buy This Crappy, Overpriced House!’

{ Posted on May 28 2009 by Joe Weisenthal }
Categories : All, Clusterstock
Somehow we have the feeling that the story of Edmund Andrews isn't all that rare. Well, certainly subprime borrowers blowing up are common. But we mean guys who don't put up more of a fight when their "eclectic" and pursuasive ...Read More »

David Einhorn Declares War On Moody’s

{ Posted on May 28 2009 by Joe Weisenthal }
Categories : All, Clusterstock
Any old person can slam the ratings agencies and say they helped cause the bubble, but it's another thing to step up and place a lot of your money where your mouth is. David Einhorn, the feared investor who made a ...Read More »

CHART OF THE DAY: The Stunning Jobs Collapse

{ Posted on May 28 2009 by Joe Weisenthal }
Categories : All, Clusterstock
Everything from the housing market to credit card defaults to retail sales hinges on the ability of Americans to find jobs.  As much as we hear about green shoots, the jobs market just keeps getting worse.  As today's chart from ...Read More »

NEWSFLASH: The Housing Crisis Is Getting Worse

{ Posted on May 28 2009 by Joe Weisenthal }
Categories : All, Clusterstock
You could make a very strong argument that the economy isn't stabilizing, it's getting worse. At least along some measures. Sure, we stepped back from the precipice of total collapse courtesy of massive government intervention, but some of the most ...Read More »

How to Get a High-Paying, High-Integrity Job

{ Posted on May 28 2009 by Trent }
One of my favorite sections in what is undoubtedly my favorite personal finance book, Your Money or Your Life, discusses the process one can go through to find a job that is both high in integrity (meaning it’s actually in ...Read More »

How to Get a High-Paying, High-Integrity Job

{ Posted on May 28 2009 by Trent }
One of my favorite sections in what is undoubtedly my favorite personal finance book, Your Money or Your Life, discusses the process one can go through to find a job that is both high in integrity (meaning it’s actually in ...Read More »

Squawk Box Announces AOL Spinoff

{ Posted on May 28 2009 by Ockham Research Staff }
Categories : All, Ockham
“We’re putting across the bottom of the screen right now, Time Warner is making it official. It’s going to be spinning off that structural separation of AOL. This is something the company had talked about last month…Time Warner is now ...Read More »

GM Bondholders Accept Sweetened Offer!

{ Posted on May 28 2009 by Joe Weisenthal }
Categories : All, Clusterstock
The government has made a new offer to the GM (GM) bondholders, and an unofficial representative committee likes the offer. The new plan would give unsecured bondholders 10% of the company as well as warrants to take advantage of any (possible) ...Read More »