247wallst.com - 5/13/2009
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newspaper According to The Wall Street Journal, the Administration is looking at a plan to drive the last talented person out of the financial industry. The paper writes that “The Obama administration has begun serious talks about how it can change compensation practices across the ...
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Closing Bell: Profit taking turns to outright selling (GE, GM, MGM, AMAT, M, SOLR)
BloggingStocks —
... on retail sales and higher prices on imports sealed the fate for the bears to be eating prime beef steaks tonight. Word that the financial services sector is getting reviewed for pay caps even at non-helped institutions soured any remaining good moods. Here were today's unofficial closing bell levels: ...
Asia Markets And Europe Open 5/14/2009
24/7 Wall St. —
... US Aid Oil Inventories Starting To Back Off (USO) GM At $1.00, DJIA and S&P 500 Index Issues (GM) GT Solar Misses By a Mile (SOLR, SPWRA, WFR, AMAT) Is The U.S. “AAA” Rating Really At Risk? At Cliffs, Everybody Sacrifices in Prosperity (CLF, ANR, FCL) Retail Sales Drop As Import Prices Rise Top 10 Analyst Upgrades & Downgrades (ANF, CE, FLEX, FCL, HD, HMIN, LNC, MRO, OSG, SON) New Obama Plan: Monitor Pay Of Everyone On Wall St. Intel (INTC), Finally Fined By ...
Related: "wall street journal""we have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt"
Book Review: Street Fighters
alephblog.com 5/16/2009 —
This week, amid everything else I was doing, I read the entirety of the newly released book, “Street Fighters : The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street,” written by Kate Kelly, Wall Street Journal reporter who covered Securities firms like Bear ...
The Long, Hard Road To ‘Excessive’ Pay —
24/7 Wall St.
John Tamny of RealClearMarkets
Big businesses start small.
Recently, The Wall Street Journal ran a relatively small article in its Marketplace section that many likely missed. The headline was, “Entrepreneurs Cut Own Pay To Stay Alive,” and it described the often unseen reality ...
Five Things for Friday, May 15 —
Minyanville
1) Consumer Prices Prices Suggest Little Deflation Risk- Wall Street Journal May 15 2009That's the actual headline on the Wall Street Journal's Consumer Price Index story this morning. It was written by Federal Reserve Chairman Ben Bernanke. How do I know this? Because Bernanke has a vested ...
Links 5/15/09 —
naked capitalism
Penguin kidnaps mortal enemy BBC Woman seeks love for randy emu ABC (hat tip reader Nivethan) Brain's Problem-solving Function At Work When We Daydream Science News Obama The Debt Meister Falenblog BofA Urged by Regulators to Revamp Board of Directors Wall Street Journal Rail ...
America: Home of the (Debt) Free —
Minyanville
Freedom is back in vogue: Americans are finally growing tired of living in the shackles of debt. According to the Wall Street Journal government-led efforts to jumpstart lending are being derailed by weak demand for new loans. As the recession rolls on an increasing percentage of ...
Economists See Long Road to Recovery (Sort Of) —
Dealbreaker
Green shoots or not, recovery is not quick or easy, at least if the survey by the Wall Street Journal bear any weight. (Or at least, bear more weight than the Administration). To wit:
Economists in the latest Wall Street Journal survey see an end to the recession by autumn, but say it will ...
End the Drug War. Just Do It. —
Cato @ Liberty
Obama’s new drug czar, Gil Kerlikowske, in an interview with the Wall Street Journal , says it is time to move away from the “war” rhetoric surrounding federal drug policy. Since Kerlikowske has just assumed office, this is exactly the right thing to do — set a whole ...
White House Czar Calls for End to ‘War on Drugs’ —
Cato @ Liberty
This morning in The Wall Street Journal :
The Obama administration’s new drug czar says he wants to banish the idea that the U.S. is fighting “a war on drugs,” a move that would underscore a shift favoring treatment over incarceration in trying to reduce illicit drug use.
...
Zywicki on Chrysler —
EconLog: Library of Economics and Liberty
(May 13, 2009 06:56 PM, by David Henderson) In today's Wall Street Journal, Todd Zywicki lays out how President Obama attacked holders of Chrysler debt. A key paragraph: The Obama administration's behavior in the Chrysler bankruptcy is a profound challenge to the rule of law. Secured creditors --...
New Obama Plan: Monitor Pay Of Everyone On Wall St. —
24/7 Wall St.
According to The Wall Street Journal, the Administration is looking at a plan to drive the last talented person out of the financial industry.
The paper writes that “The Obama administration has begun serious talks about how it can change compensation practices across the ...
Starting Over—As An Entrepreneur —
Business Opportunities Weblog
The Wall Street Journal:
Jessi Walter was a Wall Street wunderkind. At 21, with a degree in economics from Harvard, she was hired by Bear Stearns Cos., and eventually rose to the position of vice president in credit strategy.
But the J.P. Morgan merger last summer ended her career. ...
A.I.G. Chief to Fight Criticism of Employees, Report Says —
DealBook
American International Group Chief Executive Edward Liddy will speak out against criticism of the insurer's employees on Wednesday and talk about the company's future plans, The Wall Street Journal reported.
Mr. Liddy will speak to a U.S. House oversight committee and ask for a better ...
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