Archive for June, 2009:

Comcast Launches 4G Wireless Internet Service

{ Posted on Jun 29 2009 by Ockham Research Staff }
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Categories : All, Ockham
 Comcast (CMCSA) has become the first major cable company to begin offering wireless broadband accessible through a data card connection.  The company is rolling out its initial launch in Portland, Oregon today, and intends to have the service available in ...Read More »

Nope, That’s Not What Went Wrong At The Ratings Agencies

{ Posted on Jun 29 2009 by John Carney }
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Categories : All, Clusterstock
There’s a hardening consensus around the idea that a key factor that lead to the current crisis was collusion between the issuers of mortgage securities and the ratings agencies to inflate ratings, fooling investors into thinking they were buying safe ...Read More »

Investors Moving In Lockstep Like Never Before

{ Posted on Jun 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
As we've said before, anyone who says something like "it's a stockpicker's market" needs a smacking. Assets of all type are moving in lockstep like never before: Bloomberg: The Standard & Poor’s 500 Index, whose increase in the past three months was ...Read More »

No Landlord Will Rent An Apartment To Ruth Madoff

{ Posted on Jun 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
As part of her big asset forfeiture, Ruth Madoff is giving up her multi-million Park Avenue apartment that she shared with Bernie, which means it's time to find a new place. She's getting to keep $2.5 million, so she should be ...Read More »

Macroaxis added Stocks, Funds and ETFs from developed and emerging markets

{ Posted on Jun 29 2009 by Ellen }
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Categories : All, Investing Ideas, Macroaxis
Macroaxis Corporation added more global markets to its platform incorporating access to Stocks, ETFs, and Funds that are traded on exchanges in Europe, Asia, and Latin America. As international trade increases and the world financial markets become more ...Read More »

How Sheila Bair Stopped The Banksters From Scamming The P-PIP

{ Posted on Jun 29 2009 by John Carney }
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Categories : All, Clusterstock
When Citigroup heard that the government was planning on financing investors who were willing to buy toxic assets, it came up with the dastardly scheme of using taxpayer dollars to buy the assets from itself. In essence, the Citigroup wanted ...Read More »

Taleb: There’s A Smear Campaign Against Me!

{ Posted on Jun 29 2009 by Joe Weisenthal }
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Nassim Taleb has posted a copy (.pdf)of that infamous GQ UK article in which he's quoted as saying he made $20 billion for his clients. On the front he includes a big, yellow warning saying that someone is taking this ...Read More »

“I Am Embarrassed And Ashamed”

{ Posted on Jun 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
Via Fox NY, here's Ruth Madoff's statement on the end of this chapter of the Bernie Madoff affair: I am breaking my silence now, because my reluctance to speak has been interpreted as indifference or lack of sympathy for the victims ...Read More »

Madoff’s Little Helpers

{ Posted on Jun 29 2009 by Joe Weisenthal,Kamelia Angelova }
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Categories : All, Clusterstock
Hooray, Bernie is off for life! But angry victims won't be stopping there. There's a wide circle of people who may have known about the scam, or should have at least known better. Victims are happy for today, but tomorrow they'll be ...Read More »

150 Years!

{ Posted on Jun 29 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
The book is thrown. Bernie Madoff has been sentenced to the max: 150 years. The Ponz-father's desire to get a mere 12 years was always a delusion. The judge noted that there was no precedent for a financial crime of this magnitude, and ...Read More »
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