Use access key #2 to skip to page content.

June 2008



Gloom and Doom? Nah; Just for the U.S.

June 30, 2008 – Comments (1)

AN INTERVIEW WITH PETER D. SCHIFF: The U.S. wouldn't be afloat without help.

Barron's interview with Peter Schiff



Anheuser-Busch Formally Rejects InBev Offer As 'inadequate'

June 26, 2008 – Comments (0) | RELATED TICKERS: BUD

SAN FRANCISCO -- Anheuser-Busch Cos. formally rejected the $65-a-share bid from InBev to acquire the company, calling the offer "financially inadequate." The St. Louis-based brewer said its board unanimously rejected the offer. "InBev's proposal significantly undervalues the unique assets and prospects of Anheuser-Busch," said Anheuser-Busch Chairman Patrick Stokes in a statement. The company told InBev in a letter its $46 billion offer did not account for Anheuser-Busch's iconic brands, market position, growing international partners and accelerated earnings growth.  [more]



Obama Apparently Wants HIGHER Oil Prices

June 25, 2008 – Comments (3) | RELATED TICKERS: SU , BQI.DL

Obama's clean-oil push could threaten oilsandsSheldon Alberts, Washington Correspondent ,  Canwest News Service Published: Tuesday, June 24, 2008

WASHINGTON - Barack Obama on Tuesday vowed he would break America's addiction to "dirty, dwindling, and dangerously expensive" oil if he is elected U.S. president - and one of his first targets might well be Canada's oilsands.   [more]



Inflation Is 'exploding,' Buffett Tells CNBC

June 25, 2008 – Comments (3)

SAN FRANCISCO -- Inflation is "exploding" and the Federal Reserve should stress that fighting rising prices is a primary goal, Berkshire Hathaway Chairman Warren Buffett told CNBC on Wednesday. The Fed should be concerned about both inflation and economic growth, a tough thing to do, he explained. But inflation should be the Fed's main concern right now, Buffett added. "Inflation is really picking up," he said. "Whether it's steel or oil... we see it every place. It's exploding." The Fed has to be very careful not to signal that inflation is a secondary concern and something that can be dealt with later, Buffett explained.  [more]



A Bug In CAPS?

June 24, 2008 – Comments (2)

I'm wondering if I found (or perhaps worse, CAUSED) a bug in CAPS.  [more]



U.S. Banks May Need $65B in New Capital-Goldman

June 17, 2008 – Comments (0) | RELATED TICKERS: GS , C , WAMUQ.DL

Tuesday, June 17, 2008

Reuters--U.S. banks may need to raise $65 billion of additional capital to cope with mounting losses from a global credit crisis that will not peak until 2009, Goldman Sachs & Co analysts said on Tuesday.  [more]



Achieved TWO Milestones Today

June 17, 2008 – Comments (0)

It's probably hypocritical of me to post a "personal achievement" blog since I usually ignore them from other bloggers, but it's my first one in the almost 7 months since I've been here, so I'm going to allow myself to do it.  The rest of you can follow my usual lead and ignore it, although if you've gotten this far, you've likely chosen to ignore my advice to ignore me.  [more]

Featured Broker Partners