June 8, 2008
- Welcome to the Party, Ben…
Have you seen the Bruce Willis movie, "Die Hard"?
When the police officer starts to drive away, Willis sends him a message…throwing one of the bad guys on the hood of the car. (…)
March 25, 2008
- Recession Worse than Expected?
There was an article distributed nationwide, written by the Associated Press, and carried locally in the Asbury Park Press on March 22, 2008. (…)
March 22, 2008
- Goldman Stearns and Lehman Sachs
All these firms hold the same investments.
There is STILL considerable risk in the group.
Why did this happen to just Bear Stearns? (…)
March 16, 2008
- Bear Stearns, part II
UPDATE: Sunday evening, 03/16/2008: Bear Stearns to be acquired by JPMorgan Chase for $2.00 in stock swap deal.
That is NOT a typo!
The stock closed at $30 on Friday. On Thursday, it was $57.00. (…)
March 15, 2008
- Bear Stearns, part I
The news surrounding Bear Stearns on Friday morning was not good! There are several important elements to this story. (…)
February 15, 2008
- Cutting Losses Short
Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". (…)
October 29, 2007
- Federal Reserve Rate Cut?
The two big questions around my house these days are:
1. What kind of Halloween candy will we be giving out this year?
2. When EXACTLY do we change the clocks again? (…)
September 16, 2007
- Wall Street Brokers
The big reason why the market fell apart this summer was because the financial stocks — the brokerage firms in particular — really struggled. (…)
August 20, 2007
- Market Bottom?
Market bottom? Probably not. But the Federal Reserve is awake.
The Fed stepped in a week ago, and injected liquidity in the financial system. (…)
August 18, 2007
- Fed Rate Cut
On Friday, the Federal Reserve cut the discount rate by a 1/2 pt.
They cut the discount rate — NOT the Fed Funds rate. (…)
