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May 2009

Recs

40

End of an era

May 22, 2009 – Comments (17) | RELATED TICKERS: GM

          Today I saw an explosion of short covering while the barn door was closing.   Normally my CAPS instinct would take over and I would short it without a thought as I did with Stein Mart today.  I am dating myself, but years ago I saw a movie called "Roger and Me" directed by Michael Moore.   His documentary provided real life examples of the impact of GM's outsourcing  on the city of Flint Michigan.   If I remember correctly a former CEO of GM said, "What is good for GM is good for the country."     [more]

Recs

4

If only it were this simple........

May 18, 2009 – Comments (9)

This is from an article in the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on "How Would You Fix the Economy?"   [more]

Recs

14

AIG bonuses more than first reported $454 Million

May 07, 2009 – Comments (0) | RELATED TICKERS: AIG , DO , GS

I just finished a nice lunch and then I had to read this:   [more]

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