Category Archives: Investing

Buffet Needs a Bailout?

This article shows how nothing has changed. Sen. Ben Nelson (D-Neb) voted against the Financial Reform bill because it might cause a big financial hit to Warren Buffet’s Berkshire Hathaway Inc. Who says you can’t buy politicians?  He’s just another … Continue reading

Posted in Investing | Tagged , , , | Leave a comment

SEC Takes on Goldman Sachs

Goldman Sachs is on the hot seat! Fraud charges open the door for every other customer or government who lost money to pile on with lawsuits and investigations of their own. The charges are not surprising as many (including myself) … Continue reading

Posted in Investing | Tagged , , , , | Leave a comment

Who Would EVER Trust Goldman Sachs?

Finally we hear from a customer who did not trust Goldman Sachs. Washington Mutual (WaMu) had concerns about asking for their advice on subprime mortgages. The WaMu CEO described it as “swimming with the sharks”. They could be singing your … Continue reading

Posted in Investing | Tagged , , , | Leave a comment

Thain Has a New Office to Decorate

It’s hard to believe the CIT Group appointed John Thain as their CEO. Then again, they’re emerging from bankruptcy after screwing the last set of investors so the Board of Directors has proven their inability to direct. This is big … Continue reading

Posted in Investing | Tagged , , , | Leave a comment

Toyota Hits the Brakes

Toyota’s really taking on the chin with this massive recall due to faulty gas pedals. At least they were smart enough to stop selling any more cars. I can’t imagine the number of lawsuits that await them, not to mention … Continue reading

Posted in Investing | Tagged , , , , | 3 Comments

Does Google Really Do No Evil?

I keep telling you, China is the enemy to worry about…not some Islamic terrorist. They have the ability to seriously disrupt the fabric of our economy. Fortunately, it will disrupt theirs as well. It’s the capitalist equivalent of the nuclear … Continue reading

Posted in Investing | Tagged , , , | Leave a comment

Strategic Defaults are Good Business

I don’t understand all the fuss about ‘strategic defaults’ as homeowners walk away from mortgages that are 1000’s of dollars over the properties value. It’s just good business and exactly what smart companies do. There is no “moral obligation” to … Continue reading

Posted in Investing | Tagged , , , | Leave a comment

iPhone Hangs Up AT&T

AT&T is a victim of its own success. Some iphone customers are hogging bandwidth and slowing down the network. It’s not all that surprising given the constant stream of new apps and a fixed monthly price for data. Their initial … Continue reading

Posted in Investing | Tagged , , , | Leave a comment

Dell is Slowing Down

Dell is having some laptop quality problems (I’ve heard that before) that they refuse to admit (I’ve heard that before too!). Their response is to try and squelch all negative information. This never works thanks to the Internet but it’s … Continue reading

Posted in Investing | Tagged , , | Leave a comment

Goldman is Fools Gold

Goldman continues to astound with their arrogance. Between doing “God’s work” and feeble apologies for their role in the current mess, it’s all just more cheap talk as they continue to speculate with cheap tax-payer subsidized loans (TALF). It will … Continue reading

Posted in Investing | Tagged , , , | Leave a comment

Hertz Sues ‘Bad News’

The CEO of Hertz is a real piece of work. He’s suing Audit Integrity Inc. for saying negative things about the company that have already been disclosed in reports to the SEC. This guys only concerned about the price of … Continue reading

Posted in Investing | Tagged , | Leave a comment

Steve Jobs is Back

Looks like Steve Jobs is back and finally admitting he had a liver transplant. I’m not sure they handled that properly but most of those concerns have been muted by the rising stock.  If he takes my new product advice … Continue reading

Posted in Events, Investing | Tagged , , | Leave a comment