Latest Walk-Away: Toll Brother Family Member
One of the Toll family members decided to walkaway from a condo purchase: "Luxury builder Toll Brothers Inc (TOL), hurt as many...
Quote of the Day: Bill Gross on Monolines
Bill Gross, in the FT, asks some rather intriguing questions late last week: "How could Ambac (ABK), through the magic of its...
Updating the Dow (top ticking Energy?)
The editors at DJ have made a few changes to the venerable index: Out are Honeywell (HON) — which I have owned since the GE deal...
NYC Temp: 11 degrees
I wake up early this morning, send Max out to get the papers, and look at the Oregon Scientific thermometer. 11 Degrees. Watch energy...
Was a Private Equity Bid for Yahoo Thwarted by Microsoft ?
Last week, before the Microsoft (MSFT) deal was rejected by Yahoo’s Board, some interesting chatter was bouncing around NYC. The...
Global Financial Crises, Part II: Norway 1987
Yesterday, we looked at 5 Historical Economic Crises and the USA. That discussion led to a reader in Norway referring us to this 2005...
Yahoo to Microsoft: No, Thank You
> "They tried to make me go to Redmond, I said, No! No! No!" > The WSJ is reporting that the Yahoo Board of Directors...
5 Historical Economic Crises and the U.S.
Earlier this week, I received a copy of a paper co-authored by Carmen Reinhart of the University of Maryland and Kenneth Rogoff of...
The #1 Threat to America
I love this t-shirt: As Paul pointed out, some idiot said it, so it must be true . . .
Quote of the Day: Warren Buffett
Warren Buffett has accused major investment banks of creating their own downfalls:> "It’s sort of a little poetic justice,...