Archive for April, 2010
« Previous Entries Next Entries »Media Alert Update!
Stop the presses! Or, Stop the radio! We’ve been shifted to the 4pm eastern slot from the 5pm eastern slot today. That means turn on your satellite radio a little earlier. Sirius Channel 110 or XM Channel 130 at 4pm eastern today. Monkey Business Gang + Pete Dominick = Assclownery. But it will be interesting. [...]
Morgan Stanley "Revels" In Their Earnings
Really nice earnings released by Morgan Stanley today. The stock climbed more than it had in 9 months. Of course, after Goldman’s “thing” last week Morgan Stanley kind of needed the boost.
You Get Em Mr. President!
The President of the Free World is coming to my town this week and he’s gonna give the “what for” to the financial industry! He’s already thrown down the gauntlet with the Goldman “thing”. The administration said it wasn’t political but if you google “Goldman and SEC” you get directed to a website with Obama [...]
A Few Housekeeping Items
Sorry I was “in abstentia” yesterday, as I was conductingbusiness relating to BenSalz Productions LLC (parent company of thiswebsite). I was pressing the flesh with some TV types and I am pleased to tell you we will be filming a television show in the next few weeks for an unnamed cable network, only Eric and [...]
A Little Fun. "Anybody Want to Write a Book?"
About a year ago Richie and I had an idea for a book. We wrote a kick ass first chapter and treatment, got ourselves a fancy agent, sat back and waited to become famous authors. Instead, every major house rejected it. Turned out nobody wanted a book from guys WHO HAD ACTUALLY BEEN THERE when [...]
A Re-Post From OCTOBER 2008
Here’s a re-post from October 2008 that I think is a little timely given the recent Goldman Sachs “situation”. Like Richie said yesterday, we’ve been on top of this “crime syndicate” known as Goldman Sachs since the day AIG got their bailout. We’re sick of talking about it. Like Matt Taibbi said yesterdayGoldman Sachs Busted, [...]
Down Goes Goldman! Down Goes Goldman!
I read a little ditty in Phil Mushnick’s column in the NY Post. Arthur Mercante, a boxing referee and analyst, passed away last week at 90 years old. Arthur refereed a ton of championship fights back in the day and he used to call fights with legendary broadcaster Howard Cosell. For you younger guys and [...]
A Few Markets
Well things seem to be VERY bullish in “stockland” these days. 18 month highs all over the place. Nasdaq above 2500. S+P above 1200. Dow above 11,000. It’s a big party. Like its 1999 and we’resinging Prince songs! The charts look good still in our secret system. We are loving the movement on our nice [...]
Here They Come!
We’ve been telling you for awhile now that the Commercial Mortgage Backed Securities (CMBS) market is going to cause some “issues” for financial institutions all over the globe soon. Well the time has arrived! The NY Post’s “Morgan’s $5.4bn Hit From Fund” states that Morgan Stanley’s real estate fund, Msref VI International will probably lose [...]
The Old Man Has Lost It and a Stock Tip
So bloomberg.com is reporting a statement from Berkshire Hathaway, you know Warren “The Oracle” Buffett’s company, that the reason Berkshire invested in Goldman Sachs 18 months ago was not for the money making opportunity, but becauseof the “integrity” of Goldman Sachs. I don’t really have much else to say about that. I mean there’s PLENTY [...]
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