Mr. Fuld, Raise Your Right Hand and Repeat After Me
Reports that Lehman was effectively ‘cooking its books’ prior to its ultimate demise are not a surprise. Reports that Dick Fuld, then CEO of Lehman, was not... Read »
Senate Health Bill Price Tag
Earlier yesterday the Congressional Budget Office released an updated analysis of the Senate health bill. The update reflects all the amendments that were adopted... Read »
A Bit More Consumption in February
Retails sales last month rose 0.3%, the Census Bureau reported this morning. That’s an upside surprise compared to the consensus outlook, which predicted a 0.3%... Read »
No, We’re Not Making this Up…
Greece has economic troubles, and the extent and breadth of those troubles only seems to worsen the more the outside world learns of what makes this country tick. But... Read »
Pre-Market Stock Upgrades/Downgrades March 12, 2010
Here is a list of this morning’s company upgrades, downgrades, initiations, and coverage resumed by brokerage firms. Analyst Upgrades: Aeropostale (ARO) upgraded... Read »
Pre-Market Earnings (March 12)
» Look for the following companies to report earnings Before the Market Opens this morning – Friday, March 12: AnnTaylor Stores (ANN) Hibbett Sports (HIBB) Arena... Read »
Obama to Nominate Fed’s Yellen for Vice Chair of the Central Bank
Federal Reserve Bank of San Francisco President Janet Yellen is expected to be President Obama’s pick for vice chairman of the central bank in Washington, Bloomberg... Read »
Two Cheers for Dodd
It’s not clear to whether Senate Banking chairman Chris Dodd simply lost his patience or was told by his Democratic brethren to end the fruitless attempt ... Read »
The Massive Rise in Federal Debt
The startling graphic below shows the change in debt outstanding by sector as a percentage of GDP over the past 30 years. This data was compiled by the good folks... Read »
Goldman’s Top Hedge Fund Manager to Start His Own Firm
Pierre-Henri Flamand, the head of Goldman’s (GS) largest internal hedge fund, is leaving Wall Street’s dominant firm to start his own hedge fund, several... Read »
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