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- Wall Street Breakfast -Sample
Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
- Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only.
- Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week.
- Oil demand withers. The International Energy Agency warned Friday worldwide oil demand...
- The Macro View -SampleSeeking Alpha - The Macro ViewMarket Outlook
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
Oil Price- Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning
- Oil Down 48% from Highs by Bespoke Investment Group
- Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon
Economy- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
- Reality Bites As Stocks Continue To Collapse by The Mole
- Investing Ideas -SampleSeeking Alpha - Investing IdeasCramer's Picks
- Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham
- Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham
- Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham
Long Ideas- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
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- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
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Short Ideas- Why Short Sellers Are the Heroes of Wall Street by Investment U
- Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle
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- Jim Cramer's Picks -SampleBetter Choices - Cramer's Lightning Round (10/15/08)by SA Editor Rachael GranbyStocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend. - Stocks & Sectors -SampleSeeking Alpha - Stocks & SectorsInternet
- eBay: Q3 Looks Good but Q4 Guidance Disappoints by Greg Feirman
- Is Google Feeling Lucky? by Sam Gustin
- Why Today Could Suck for Tech by Kevin Maney
Media- A Triple Financial Whammy Afflicts Newspapers by Ken Doctor
- Three Years On, Buying MySpace Looks Like One of Murdoch's Smartest Bets by Erick Schonfeld
- How Will Arbitron Fare in This Market? by Sreeni Meka
Telecom- Ten Ways to Invest in Louisiana by Stockerblog
- Earnings Preview: Electro-Optical Engineering by theflyonthewall.com
- Shared Docks Via WiFi All the Rage by Dean Bubley
Financial- Switzerland Strengthens Its Banks; Short Interest Remains Low by Jessica Johnson
- Reality Bites As Stocks Continue To Collapse by The Mole
- LIBOR Shows Worst Is Yet to Come for Credit Markets by Keith Fitz-Gerald
- Global Markets -SampleSeeking Alpha - Global MarketsChina
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript
- Perfect World Announces Share Repurchase Program by Trader Mark
- China: Hot Money Inflows Down, Nervousness Up by Michael Pettis
India- Indian Economy Has Much to Cheer About by Equitymaster
- India: RBI Cuts Cash Reserve Ratio by Equitymaster
- India: Markets Continue Downward by Equitymaster
Japan- Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media
Asia- Four International Dividend Stocks to Watch by David Hunkar
Eastern Europe- Reality Bites As Stocks Continue To Collapse by The Mole
- Alternative Energy Investing -SampleSeeking Alpha - Alternative EnergyAlternative Energy
- Seven Stocks for an Impending Apocalypse by H.J. Huneycutt
- Solar Shares Under Pressure From Credit Crunch and Pricing by Eric Savitz
- Trina Solar Looks Good, Though Market Yawns by Trader Mark
- The Electric Car Market: Wise Energy Use Stocks by Tom Konrad
- Investing in the Power of the Sea
- ETF Daily -SampleSeeking Alpha - ETF DailySector ETFs
- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
New ETFs- First Trust Launches Infrastructure ETF with Global Reach by Index Universe
- Overview and Analysis of the Global Generic Drug Industry by Mike Havrilla
Emerging Market ETFs- Brazil Is the Best of BRIC by Carl T. Delfeld
- Playing the Market in Difficult Times by Jason Hamlin
- The Daily Dispatch -SampleSeeking Alpha - Daily DispatchWall Street Breakfast
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
US Market- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
Housing & Real Estate- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Another 'Root Cause' That Isn't: Tumbling Home Prices by Tim Iacono
Transcripts- TrueBlue, Inc. Q3 2008 Earnings Call Transcript
- Polycom, Inc. Q3 2008 Earnings Call Transcript
ETF- Too Early To Buy Homebuilders ETF by Larry MacDonald
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NYT Execs Come Under Fire at Recent Conference
Just as the New York Times knew that Castro was a communist, but did not report it, calling him an agrarian reformer, the vastly intelligent New York Times knows that implementing a global government requires the rich nations to deflate wages and prices bring them on par with the wider world.
This means they have to shrink their wages and balance sheet along with everyone else. What makes them think they are immune? Havne't they been covering this worldwide development month after month?
I own some NYT for nostalgia, not wise investment.
Tribune's Downfall Is an Industry Warning
But the collapsed prices of so many media firms - from Lee to Gatehouse - is warning enough. The Trib bankruptcy is not a warning, just inevitable and resulting from elites who again prove they are more pushy and egocentric than smart.
Zell on Tribune's Bankruptcy: No Way to Avoid It
American capitalism's business plan seems to be a game of musical chairs with someone left holding the bag of smelly fish - a mixed metaphor I know.
But I agree with the poster above. The banks deserve to be left holding this mixed bag of assets after encouraging him to do a zero-down deal.
And I bet the original Wild Oats and Tribune shareholders turned around and lost 50 percent of their recaptured capital in the recent stock market unpleasantness.
It's Not All Zell's Fault - The Newspaper Model Is Busted
The New York Times Company: Bargain or Value Trap?
This analysis certainly constrains me from averaging down and buying some more.
I do know the Times has an ownership position in the Boston Red Sox and Fenway Park but I was not happy that money grubbing investment bankers - now discredited as frauds - talked them into selling off tv stations and other holdings. While tv and magazines are languishing too, the Times management should have held on to its broader base of assets. If nothing else, tv is arguably more digital than print.
TV would have picked up some political advertising that newspapers cannot capture at all anymore.
Can a Broken New York Times Be Fixed?
That's because people can and do go online and to meetups and learn a lot of documented anomalies about 9-11 that have never seen the light of day in mainstream media.
The media is dying from massaged content.
Ugly
I briefly dated a brilliant but bipolar woman who made big bucks at Lockheed Martin. She said half of her department was disfunctional.
I have long thought what Jadzi and she said are signs that big corporations are
too big to manage.
This thinking started when the O-ring problem caused the explosion of the Challenger on the launching pad.
It was vindicated when AOL and Time Warner merged, proving no tree grows to the sky.
GE is the latest supporting evidence.
Murdoch: I Won't Put the 'Times' Out of Business
The gatekeepers accomplishing this seem to be ethnic posers like Sulzberger who want to establish their own pre-eminence in alliance with non-white puppets.
Theprevoiuos poster makes a point. Just as Fox News is a joke for objective news reporting because of its subservience to neocon (code for phoney Jewish conservative) agenda, so is the Times a joke for objective news reporting, as evidenced by its doublespeak description of Castro as a harmless agrarian reformer.
Maybe we need non Mongo-Turk hetersexual males in charge of Fox and the Times, as long as they are not also British.
A Silver Lining in the Newspaper Crisis
On the national level, the problem is that a lot of news is now appearing on the internet because the clowns in charge have to defer to the agenda-driven money men who are going along with the fantasy-illusions being spun by the Administrations.
I look at the original footage CNN shot at the Pentagon onthe Second Day of Infamy and then I read the official news coverage, and I allege that accounts for the masses increasingly waking up and realizing mass media - print and electronic - are irrelevant and inaccurate.
The Denver Post has spilled tons of ink to detail the plight of poor illegally here aliens who are struggling in their attempts to get free college, free medicine and to maintain a birth rate here that is much higher than back in repressive Mejico. The Post ignores the plight of the legally here native Americans whose jobs were outsourced and now must compete with the wage-busting immigrants that callous, nation deconstructing opportunists have lured in.
The globalist driven agenda that deflates wages - has destroyed the banks, which require ever inflating wages to pay off usury. Now that wage deflation is taking out the midldle class that used to read newspapers. Young 20 somethings struggling in their jungles not only have an aversion to reading, they have an aversion to paying $300 a year for media that stains your hands black and does not have relevant content that can't be found anywhere else cheaper.