Advice for Transitioning from Wall Street to Start-ups
In my last post, I talked about some the challenges and barriers to success facing Wall Streeters interested in the start-up world. Difficult doesn’t mean... Read »
GM Bond Holders Want Their Pound of Flesh
“…GM bond holders have requested a meeting with the auto industry task force. Remember, one of the key issues for GM, they don’t have to just reach deals with... Read »
50 years old, Jon Leibowitz, a former Democratic chief counsel and staff director for the Senate antitrust panel, and currently the FTC’s only Democratic commissioner,... Read »
Warren Buffett’s insurance and investment co., Berkshire Hathaway Inc (BRK-A) (BRK-B), saw its profit plunge 96% in the fourth quarter. Net income dipped to... Read »
Advance Auto Parts (AAP) Out of Gas
Being a great investor takes an eye for spotting trends in the macro economy. One such trend that has been playing out is that new auto sales are slower than anytime... Read »
U.S. regulators closed two more banks on Friday: Security Savings Bank in Henderson, Nevada, and Heritage Community Bank in Glenwood, Illinois. The Federal Deposit... Read »
The SEC on Friday increased its civil charges against Texas billionaire Allen Stanford, his former Baylor University roommate, James Davis, and three of their companies... Read »
How to Tell When the Recession is Over
Government economists must be nice folks. They’ve had to break a lot of bad news to us since this recession started over a year ago. But they’re nice. They’re... Read »
Jeremy Siegel Says Stocks Are Cheaper Than They Look
In Wednesday’s Wall Street Journal, Wharton Business School Professor Jeremy Siegel pointed out a the quirky nature by which Standard & Poors calculates earnings... Read »
(Preliminary) Real GDP Declines a Worse than Expected 6.2%
The Commerce Department said Friday gross domestic product, the output of goods and services produced by labor and property located in the U.S., fell at an annual... Read »
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