Reaction to President Obama’s speech in Cairo on Charlie Rose
From Charlie Rose’s site: “Reaction to President Obama's speech in Cairo with Mohamad Bazzi, Roger Cohen, David Ignatius and Robin Wright.”
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A conversation about Prop. 8 with David Boies on Charlie Rose
This case is going to the Supreme Court of the United States. It will be a landmark ruling when the issue is decided. Take a look at what David Boies has to say about the issue.
Mossberg: Palm Pre to Rival iPhone
The Wall Street Journal’s Walt Mossberg has a nice video explaining how much he likes the new Palm Pre smartphone and why he thinks it could rival the iPhone going forward. He thinks its a challenger to the Blackberry as well. It…
Initial and continuing jobless claims decline
The number of persons filing an initial claim for unemployment insurance in the week just ended May 30 declined to 621,000 from 625,000 the prior week. In addition, the number of persons still receiving unemployment insurance dropped to…
ISM Manufacturing Index: New orders growing
The Institute for Supply Management released its monthly manufacturing index. The data shows that the manufacturing sector is still contracting with the headline number rising to 42.8 in May, up from 40.1 in April. This number was ahead of…
A conversation about Bear Sterns and the economic crisis
Charlie Rose's site says of this video clip:
A conversation about Bear Sterns and the economic crisis with Kate Kelly, author of "Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street" and William D. Cohan,…
Weekend movie clip: ‘Into the Storm’ on Winston Churchill
This is the new Winston Churchill biopic hitting theatres. By the way, Churchill was of American descent by way of his mother (Wikipedia says he was the first foreigner made an honorary citizen of the U.S. as well).
A finance view of the political nature of the coming GM bankruptcy
I was on the BBC yesterday talking autos and my commentary was almost entirely political. So, as we await the likely General Motors bankruptcy, I think it bears discussing how political this process has been and will continue to be.…
GM headed for bankruptcy
GM Bondholders are not happy about the GM deal because the government seems to be running the same scheme where senior bondholders get a serious haircut while other constituents like the union and the federal government get more. Chrysler…
Marc Faber: “it’s very tough for a forecaster who was ultra-bearish to stay…
In the wake of the huge consumer confidence number that caused U.S. markets to rally yesterday, Marc Faber is still singing from the same songbook that I am: delayed end to the recession and a weak recovery. See the video below.
The…