Credit Writedowns

Watch the hour-long retrospective which aired tonight on PBS’s Frontline.  It should be very enlighteningregarding the seeds of the bubble and meltdown.  It examines who the players in the 1990s and 2000s were, what their attitude to…

Jim the Realtor is back with a bunch of foreclosures, REOs and short sales on the market in North County San Diego.  Some of these places look pretty nice.  In this particular video, the property is in Carmel Valley and on the…

I have actually been on Twitter for some time now. But I wanted to update all of you with some social networking features the site now has and ways you can get more out of the content. Today, I will just talk about Twitter. Twitter I…

Back in March when the US Government felt compelled to bail out out Citigroup, Tracy Alloway over at FT Alphaville noticed a curious thing – Citigroup had effectively been nationalized. No, they were not seized by government, but Citi was…

Android 2.0 gets Facebook integration and a car mode With the 4G iPhone coming, will it be enough? FT.com - Apple leaps ahead with 47% profits surge No one's complaining about this, are they? RUMOR: Verizon and Apple Already…

David Einhorn delivered a speech at the 2009 Value Investing Conference that is creating a lot of buzz in the blogosphere. He said a lot of interesting things about the investing and political climate.  A surprising amount of it comes…

In my recent post on greed, I wrote about how for the last generation corporations have been trying to get out of as many of their expensive obligations to workers as they can reasonably get away with.  The list of obligations includes…

In today’s morning with Dave article, Gluskin Sheff’s Chief Economist and Strategist says the macro environment makes it look like 2007 all over again – as if the crisis never happened. It’s like 2008 and early 2009 never happened. Hong…

The title of this post is somewhat misleading – designed to be provocative to get you to read what I have to say. Indeed, I am going to defend Goldman Sach’s right to pay what it likes to its employees. But, I am also going to defend your…

BB&T report slumps as credit issues weigh | Reuters And they are generally considered better managed. More investors overweight equities: Citigroup | Reuters Even more evidence of an asset-based recovery Government banks…