Archive for February, 2010
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The latest Insolvency Index from Experian has shown the rate of business failures in January falling to its lowest point since June 2007.
Late Payments – Are your customers not paying yet your suppliers are screaming?
Businesses are routinely delaying payments to trading partners by forcing them to reissue invoice statements, according to a new survey out today by Credit safe.
Please Turn The Machines Off. Close Prices and END THIS WEEK!
Going short the High Yield Index against Investment Grade (with a little short Muni CDX thrown in) seemed like such a good idea last week! My P&l is a puddle (although today was a little better). Have a nice weekend. A little rare Who for you.
Business Finance – Nearly 60% of UK businesses were refused credit by their banks last year
In a recent survey by the Institute of Directors nearly 60% of businesses seeking bank finance in 2009/10 were rejected by their bank, and that 20% are financing their businesses to some extent with Credit Cards.
Funny…I Don’t Think They Play These Commercials Down in the Gulf States.
Insurance companies piss me off. Or maybe I should say that the basic business model gets me all riled up. A “good” insurance company is like a bad slot machine. It takes your money and never pays off. Conversely, that is why they are great businesses to own. As Mr. Buffett says, (paraphrasing a bit) [...]
Pow! Right in the Kisser!!
Ladies…I’m sorry but I would have taken the dress back to the store, while it was still on her….and returned BOTH OF THEM!
CNBC’s Mark Haines Calls it Like He Sees It.
Thank goodness for the rewind function on my cable! I was working away with CNBC in the backround and I heard Erin Burnett and Mark Haines talking about Greece. The subject of Goldman’s little “assist” in Greece’s manipulation of their balance sheet earlier in the decade to gain inclusion to the EU. Here is what [...]
This is Really Cool!
And it has absolutely nothing to do with business. Check out around 4:00 when the conductor starts dancing!
This is Really Cool!
And it has absolutely nothing to do with business. Check out around 4:00 when the conductor starts dancing!
The Fall of An Equal Opportunity A-Hole Billy Tauzin
Most of the time when you try to sit down and think about how this country could be made better, or how we can tackle our toughest problems in a fair way for everybody, it’s a pretty damn hard thing to do. Sometimes however, something crops up that makes it real easy. This is one [...]
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