July 2009
July 22, 2009 –
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RELATED TICKERS: LEH
For everybody who likes a good story, read this one on Bloomberg. It is full of drama. [more]
July 18, 2009 –
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RELATED TICKERS: BBB
After receiving 20% off coupons in mail for weeks we finally made it to Bed Bath & Beyond. Previous visit was at least a year ago. [more]
July 13, 2009 –
Continuing with the minimum wage discussion. Apparently, in the US and other countries with minimum wage laws it is illegal to work for free or for anything lower than the minimum wage other than volunteering for non-profit. There is an article on CNBC this morning on how unemployed people want to work for free for prospective employers to keep their job skills current. I think it makes a lot of sense. In fact, I did it too once. Nobody wants to hire inexperienced people until you can prove you can do it. It is a catch 22. New person requires a lot of training. So, you are training them and you are paying them for it? Unbelievable. What happened to the idea of apprenticeship? I know there are interns in the US, are there limits on how old they can be? DO they also have to be paid min wage? [more]
July 10, 2009 –
Where is the TARP money, anybody knows? Today I was reading an article about Treasury selling warrants back to the banks below the market price. No surprise there. But I was surprised that all of the warrants remaining in Treasury are under 10 billion. I expected them to be to the tune of a couple hundred billion. [more]
July 01, 2009 –
I had this question on one of my blogs and I decided to put it as a separate blog since it is a big topic. [more]
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