Archive for the ‘Clusterstock’ Category:

T. Boone Pickens Bets Cramer $100 He Can Make A Killing Manipulating Energy Regulations In His Favor

{ Posted on Feb 22 2010 by Vincent Fernando }
Categories : All, Clusterstock
After plunking down $62 million in ads aimed at twisting American opinion to support alternative energy legislation he's conveniently pre-positioned to profit from, T. Boone Pickens must feel like $100 is chump change: SF Gate: Pickens said he'd made a $100 bet ...Read More »

Now It’s Been 11 Days Since The Greek Bailout And Leaders Are Still Denying There’s A Bailout

{ Posted on Feb 22 2010 by Joe Weisenthal }
Categories : All, Clusterstock
Now it's been 11 days since EU leaders announced a bailout. We immediately declared that there was no such thing, and that the announcement -- which was just a half-page long -- was obviously an empty statement with no details, and ...Read More »

Here’s 10 Ways Credit Card Companies Are Still Screwing You

{ Posted on Feb 22 2010 by Lawrence Delevingne }
Categories : All, Clusterstock
// Before you get too excited about the new federal rules on deceptive credit card practices going into effect today, consider this: there are still plenty of ways to get hosed.  // Nine months ago, President Obama signed ...Read More »

Bank Failure Friday Is Back As Feds Shut Down Four More Banks Last Week

{ Posted on Feb 22 2010 by Mary Gordon }
Categories : All, Clusterstock
WASHINGTON (AP) -- Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in decades. The Federal Deposit Insurance ...Read More »

10 Countries On The Verge Of A Crippling Demographic Crisis

{ Posted on Feb 22 2010 by Gus Lubin }
Categories : All, Clusterstock
// When people are having too few babies or too many, there's only so much that government can do. Demographics crises may be the ultimate determinant of the fate of nations and the easiest to predict. In most cases, the population ...Read More »

Want To Know Which Way The Market Is Going? Pay Very Close Attention To The Small Caps

{ Posted on Feb 22 2010 by Joe Weisenthal }
Categories : All, Clusterstock
Here are some interesting obervations from Waverly Advisors regarding the retracement of the correction that started on January 19th -- a period we can still call the Scott Brown Correction. First, markets haven't fully come back, and second, small caps are ...Read More »

The Real Reason The Euro Failed: A Mistaken Belief In The Importance Of Deficits

{ Posted on Feb 22 2010 by Joe Weisenthal }
Categories : All, Clusterstock
When the Euro was formed countries agreed to limit their annual budget deficits -- a scheme devised to ensure that no country would face a collapse or need to be bailed out by the others. Obviously that scheme failed, as evidenced ...Read More »

What Did Guests Wear To Paul Krugman’s Economic-Themed Halloween Party?

{ Posted on Feb 22 2010 by Courtney Comstock }
Categories : All, Clusterstock
The New Yorker describes a few of the costumes that people showed up wearing to Paul Krugman's economic-themed Halloween party. Two guests came as Asian tigers, several came as hedge funds, one came as capital. The "capital" costume was a woman dressed ...Read More »

Executives Oblivious As The U.K. Teeters Towards A Japanese Deflation Disaster

{ Posted on Feb 22 2010 by Vincent Fernando }
Categories : All, Clusterstock
British accounting firm BDO highlights the fact that the U.K. economy will be extremely weak as far out as 2015, with 'uncomfortably high' risk of a double dip recession, according to a 'Transitions' report released today. To make things worse, there ...Read More »

Rakoff Round-up: Slamming JP Morgan And Telling The SEC And Galleon Defendants To Sit And Wait

{ Posted on Feb 22 2010 by Erin Geiger Smith }
Categories : All, Clusterstock
Being a federal judge in the Southern District of New York means you see all sorts of high profile cases. But by any calculation, Judge Jed Rakoff has been in the news a lot in the past six months. This morning, ...Read More »