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TMFBane (28.32)

July 2008



The Death of a Great Man

July 28, 2008 – Comments (3)

A great man passed away last Friday. Randy Pausch had become a celebrity over the past several months due to the incredibly uplifting and popular "Last Lecture" that appeared online -- later his thoughts were recorded for a book as well.   [more]



It's Official: The Worst Is Over For Bank Stocks

July 23, 2008 – Comments (2) | RELATED TICKERS: FNMA , FMCC

John Mauldin provides the following in his weekly email:  [more]



BlackRock's Remarkable Quarter

July 18, 2008 – Comments (0) | RELATED TICKERS: BLK

BlackRock was able to increase its net profit by 23% in the most recent quarter, which is remarkable considering the current environment. It was able to do it through its advice business, and as a result of huge inflows to its mutual funds. The CEO remarked, "there are very attractive opportunities for investors who have sophisticated risk-management capabilities and can withstand near-term price volatility," he said.

Here's the full release,  [more]



Short Selling and the End of Irony Part II

July 16, 2008 – Comments (5) | RELATED TICKERS: FNMA , GS , LEH

When Henry Kissenger won the Nobel Peace Prize, someone remarked that it was the 'end of irony.' If irony had any life at all left in it, it's now been extinguished with the news that the government plans to crackdown on improper short-selling.  [more]



Loving the Bear

July 12, 2008 – Comments (3)

There's a great article in today's WSJ by Jason Zweig on 'learning to love the bear.'  [more]



A Great If Unlikely Leader

July 04, 2008 – Comments (2) | RELATED TICKERS: LUV , AXP , JNJ

I recently attended The Wharton Leadership Conference in Philadelphia, and was very impressed by the quality of the speakers and the usefulness of the presentations. One leader in particular, however, really stood out: Colleen Barrett of Southwest Airlines.  [more]

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