Please join us over at our newWall Street Folly site. We're still working out some kinks, but it's up and running! (Note, if for some reason you're not directed to that site, keep trying. It gonna take a bit for the redirection of our wallstreetfolly.com url to be propogated through the system.)
A heads up: Soon we'll be moving off of the Typepad hosting site. Our address will be http://www.wallstreetfolly.com (which currently works on Typepad), but it'll be ultimately point to our new site. We'll be keeping this Typepad site up and running for the forseeable future, but in the next day or so, new Typepad posts will end and will continue on our new site.
Future scape goat?: The New York Times focused on Brian Deese, a 31 year old who interrupted his Yale law school studies to work for Obama and who ultimately found himself on his auto task force. They say he's "emerged as one of the most influential voices" behind Obama's restructuring game plan. With a build up like that, we know who they're gonna be point the finger at if it fails.....
If the headline read that a TARP funded bank CEO hopped on the corporate
Gulfstream for a date night jaunt with his wife, at company --- er, taxpayer --
expense, the press (and Congress) would be going hog wild. So what if the CEO of the USA
does the same thing? According to the NY Post, the Obama's hopped on a
Gulfstream and spent an
intimate date night in NYC, at an estimated cost of over $70k compliments of the American taxpayers. It's
lovely that the president is fullfilling one of his campaign promises to
Michelle, and he did economize by using a Gulfstream and not the way more expensive Air Force One, but they couldn't have planned a similar outing at a time when the
President was scheduled to be in NYC on official business? The CEO of the U.S. in't exactly
setting a great example. Per NY Post:
No surprise to us (and we agree), he says the union comes out the big winner. And he worries about Chapter 22 despite GM emerging with a much lighter debt load:
Is the SEC withholding documents in their investigation of Mark Cuban? He thinks they are and has taken matters into his own hands -- by suing the SEC:
So what equities did Art Samberg's Pequot Capital report in their 13F as of 3/31/09? Here's the chart study for their 13F filing dated 3/31/09. Given that they're now in liquidation mode, we thought it was particularly relevant:
US News and World Report has put together a list of 10 thinks you didn't know about Fed chief Ben Bernanke. (We knew some of them).
Here are a few from the list:
Future scape goat?: The New York Times focused on Brian Deese, a 31 year old who interrupted his Yale law school studies to work for Obama and who ultimately found himself on his auto task force. They say he's "emerged as one of the most influential voices" behind Obama's restructuring game plan. With a build up like that, we know who they're gonna be point the finger at if it fails.....
If the headline read that a TARP funded bank CEO hopped on the corporate
Gulfstream for a date night jaunt with his wife, at company --- er, taxpayer --
expense, the press (and Congress) would be going hog wild. So what if the CEO of the USA
does the same thing? According to the NY Post, the Obama's hopped on a
Gulfstream and spent an
intimate date night in NYC, at an estimated cost of over $70k compliments of the American taxpayers. It's
lovely that the president is fullfilling one of his campaign promises to
Michelle, and he did economize by using a Gulfstream and not the way more expensive Air Force One, but they couldn't have planned a similar outing at a time when the
President was scheduled to be in NYC on official business? The CEO of the U.S. in't exactly
setting a great example. Per NY Post:
No surprise to us (and we agree), he says the union comes out the big winner. And he worries about Chapter 22 despite GM emerging with a much lighter debt load:
Briefing.com summarized the Tiffany conference call....
Ralph Nader came out swinging against Obama's GM fix in a WSJ op ed piece....
Is the SEC withholding documents in their investigation of Mark Cuban? He thinks they are and has taken matters into his own hands -- by suing the SEC:
Greenlight Capital's David Einhorn told Ira Sohn Conference attendees on Wednesday that he's shorting Moody's...
That means that the U.S. deficit will grow ever higher. And we all know who's gonna foot the bill for the binging....
US News and World Report has put together a list of 10 thinks you didn't know about Fed chief Ben Bernanke. (We knew some of them).
Here are a few from the list:
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