DELL Deal Done
With a modest premium over yesterday's closing price (and 25% premium to Jan 11th price), and thanks to a big hand from Microsoft (with a bridge not an equity participation), Michael Dell (and Silver...
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Subprime ABS Securitizations Are Back As Absolute Worst Of The Credit Bubble...
Back in 2007, at the peak of the credit and housing bubble, Wall Street knew very well the securitization (and every other) party was ending, which is why the internal names used for most of the...
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Where The Consensus Is... Wrong
The equity markets, despite a verey modest drop so far today, continue to hang in despite slowing profits growth. David Rosenberg notes that while many tout the +6% YoY earnings growth being better...
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Europe's Fixed Just Like Wall Street Was "Fixed" in May 2008, How'd That Turn...
In 2008, as the financial crisis picked up steam, one by one the big bank Wall Street CEOs came forward to assure everyone that “everything is fine” and that their banks were “well capitalized.”Anyone...
View ArticleHeinz Confirms It Will Be Acquired By Buffett In $28 Billion Transaction At...
Just released by Heinz. Luckily, the brand new US Secretary of State has a full conflict of interest release.H.J. Heinz Company Enters Into Agreement to Be Acquired by Berkshire Hathaway and 3G...
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More Layoffs Coming in Financial Markets
By EconMatters Trading: State of the Union I was visiting a large Oil trading floor last year, and they were having their big state of the union town hall on the floor and the CEO of the group that...
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Guest Post: Visualizing Bob Farrell's 10 Investing Rules
Via Lance Roberts of Street Talk Live blog,As the markets once again approach historic highs - the overly exuberant tone, extreme complacency and weakness in the economic data, bring to mind Bob...
View ArticleDEMOLISHING the Justifications for the Too Big Banks
When Internationally-Accepted Accounting Methods Are Used, American Banks Are the World’s LargestWe have extensively documented that failing to break up the big banks is destroying America because:The...
View ArticleGuest Post: Meet Mary Jo White: The Next SEC Chief And A Guaranteed Wall...
Submitted by Michael Krieger of Liberty Blitzkrieg blog,Obama’s nominee to head the SEC, Mary Jo White, is just another gatekeeper appointed to make sure no one ever goes after the Wall Street crime...
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Guest Post: There Is No Asset Bubble?
Submitted by Lance Roberts of Street Talk Live blog,As I was researching, and writing, this past weekend's weekly newsletter entitled "The Bernanke Factor" what really struck me was the universal...
View ArticleMerrill Of America Cuts JCP Price Target To $13 On Pending Revolver Draw
When we reported on JCPenney's horrendous quarterly results, we made the comments that when "speaking of [the] credit facility, JCP had no borrowings under its 2012 Revolver, and about $1.3 billion...
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Guest Post: Corporatism - State-Controlled Capitalism
Submitted by Michael Snyder of The Economic Collapse blog,Corporatism: A System Of Control Designed By The Monopoly Men Of The Global EliteThe Dow is at a record high and so are corporate profits - so...
View ArticleFed Lies On The Record To Protect Bank Of America, Pulls Testimony
In late 2010, in a superficially stunning move, Bank of America was sued by, among many others, the New York Fed over the biggest bogeyman for the bank's balance sheet - its legacy portfolio of super...
View ArticleOnly a Tiny Percentage of Americans Opposed to Breaking Up Big Banks
A new Huffington Post/YouGov poll finds:Sixty-one percent of respondents said that banks and other financial institutions have become too large and powerful ....A Rasmussen poll conducted last month...
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Witches Brew: Part 4 - Reality Bites, The Specter of Things to Come
Send to A Friend | View as PDF | View Newsletter Archives | Subscribe to TedBits.comA New Issue of the TedBits Newsletter, written by Ty Andros, is Available!Click here to read the newest TedBits...
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Hank P's "Pinch" - The Fannie/Freddie Story
Former Treasury Secretary Hank Paulson has been coming out of the closet and doing some talking, He spoke on Bloomberg the other day, (Link). He was asked about the record profit of $17B at Fannie Mae...
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Gold Crush Started With 400 Ton Friday Forced Sale On COMEX
On The Forced Sale...Via Ross Norman of Sharps Pixley,The gold futures markets opened in New York on Friday 12th April to a monumental 3.4 million ounces (100 tonnes) of gold selling of the June...
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Why Is Gold Crashing?
Gold Crashes Most in 30 Years … What Does It Really Mean?Gold has fallen off a cliff. It has fallen faster than at any time in the last 30 years.Zero Hedge notes:Adding insult to injury, the Shanghai...
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Guest Post: This Gold Slam Is A Massive Wealth Transfer From Our Pockets To...
Submitted by Chris Martenson of Peak Prosperity,I am very disappointed by, but not surprised at, the latest transfer of weath to the bankers from everyone else. The most recent gold bear raid has...
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Buy PHYSICAL Gold. NOW: The Discount of a Lifetime: Or Why You Must Abandon...
For previous articles by the author go to: Gordon Gekko's Blog - http://www.gekkosblog.com They just showed their hands. The paper Ponzi pyramid is wobbling. It’s time to go in for the kill. Let me...
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