Best Buy Pops On Dubious Ex-Chairman $24-$26 Take Over Offer, To Drop Once...
The company which has lately is best known as Amazon's physical showroom, aka Best Buy, is in play once again, this time on yet another highly dubious speculation of a takeover by the company's...
View ArticleFrontrunning: August 9
Gu Kailai Trial Has Ended, verdict imminent (WSJ) Greek unemployment rises to 23.1 pct in May, new record (Reuters) Greece’s Power Generator Tests Euro Fitness Amid Blackout Threat (Bloomberg) Fannie...
View ArticleRon Paul’s Legacy: A Complete Audit Of The Secretive Banking Cartel?
Wolf Richter www.testosteronepit.com They only bubble up rarely, these scandals at the Federal Reserve System, but when they do, they're doozies, involving huge amounts of money, massive conflicts of...
View ArticleFrontrunning: August 10
World’s Oldest Shipping Company Closes In Industry Slide (Bloomberg) Japan Growth May Slow to Half Previous Pace as Exports Wane (Bloomberg) China Export Growth Slides As World Recovery Slows...
View ArticleAs Another Fisker Karma Spontaneously Combusts, "Green" Dreams Go Up In Smoke
Several months ago it seemed that not a day could pass without someone, somewhere making fun of GM's biggest post-bankruptcy flaming failure to date: the Chevy Volt (gross and net of channel stuffing)....
View ArticleFrontrunning: August 16
JPMorgan provided rescue financing to Knight (WSJ) HSBC hands U.S. more staff names in tax evasion probe (Reuters), HSBC, Credit Suisse Sacrifice Employees to U.S., Lawyers Say (BBG) Hong Kong shares...
View ArticleBoomBustBlog Challenges Face Ripping Facebook Share Peddlers That Left...
Below is a graphic from 2 weeks ago... FB Sep 21 12 18 puts Here's a snapshot of the situation as of today... fb sep 12 18 puts 4x to 6x return on your money and all you had to do was follow...
View ArticleThe Perils Of Overconfidence
By John Goltermann, CFA, CPA, Obermeyer Asset Management August 2012: The Perils of Overconfidence Howard Marks, who runs Oaktree Capital (a very successful hedge fund that principally invests in...
View ArticleMitt Romney Explains What He Learned At Bain Capital
Since the GOP presidential candidate still refuses to give any substantial details on how the republicans plan to grow the country, not to mention fund the budget deficit (even as various pageview...
View ArticleMiTT SWaMi: THe LBO LoVe GuRu...
ZOMBINOMICS 101: LBO Job Creation STEP 1: Find underpriced and under leveraged public companies that are generating tons of excess cashflow. Borrow tons of money to purchase them and take them...
View ArticleGuest Post: Human Action Under Ultra-Low Interest Rates
Submitted by Martin Sibileau of A View From The Trenches, Today, we want to examine the origins of the idea that ultra-low rates of interest can exist, how this idea came about, why it was flawed and...
View ArticleFrontrunning: September 3
Germans write off Greece, says poll (FT) - Only a quarter of Germans think Greece should stay in the eurozone As predicted here two months ago: ECB chief and Spanish PM on collision course (FT) Gold...
View ArticleRomney Catches Up With Obama Following GOP Convention: Reuters Poll Has...
Since the best theater is that whose 100% assured outcome is not absolutely obvious, Reuters/Ipsos is happy to advise the 47% or so of American eligible voters who will actually participate in the...
View ArticleFrontrunning: September 4
The ESM Violates the Law And EU Treaties (Welt) Fears Rising, Spaniards Pull Out Their Cash and Get Out of Spain (NYT) RBA stays put for third straight month (SMH) Why PBOC will not cut rates: China’s...
View ArticleDaily US Opening News And Market Re-Cap: September 10
From RanSquawk Chinese inflation and industrial production figures come in broadly alongside expectations. However, imports decline by 2.6% over August against an expected rise of 3.5%. Spanish PM...
View ArticleFirm That Brought You Holo-Tupac Dies Less Than A Year After IPOing, Taking...
Most people know that during this year's Coachella festival, Tupac made a surprising appearance, if not in the flesh for obvious reasons, then in hologram form. What fewer people know is that the firm...
View ArticleFrontrunning: September 13
Italy Says It Won't Seek Aid (WSJ)... and neither will Spain, so no OMT activation, ever. So why buy bonds again? European Lenders Keep Ties to Iran (WSJ) Fink Belies Being Boring Telling Customers to...
View ArticleFrontrunning: September 19
Deposit Flight From Europe Banks Eroding Common Currency (Bloomberg) BOJ eases monetary policy as global slowdown bites (Reuters) Stalled Rally Puts Pressure on Spain (WSJ) Missed Chances Stoke...
View ArticleFrontrunning: September 20
Obama, Romney tiptoe around housing morass as they woo voters (Reuters) ... just as ZH expected Poll Finds Obama in Better Shape Than Any Nominee Since Clinton (Bloomberg) Romney on Offense, Says...
View ArticleIs China's Economy Really Imploding?
The consensus view of China is that the country is imploding due to the collapse of the export sector. This view is widely held and considered almost obvious by experts ranging from Jim Chanos to Marc...
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