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The Friday Sneak

Recs

8

November 11, 2007 – Comments (1)

One of the blogs I follow is "Economics Briefings."  I do learn from this blog and something that caught my attention is the effort to reduce the impact of news by when it is released, as in this story, http://www.economicsbriefing.com/2007/11/major-banks-do-friday-sneak.html.

It seems we should all be putting extra attention to reviewing new releases on Friday long weekends.

1 Comments – Post Your Own

#1) On November 11, 2007 at 3:47 PM, retailsails (96.35) wrote:

Yes, it seems the big banks are not just reporting layoffs after the close on Friday's anymore but SEC filings that are less then desireable as well.  What worries me more is how vague the filings were - basically they said they expect 4th quarter earnings to have "material adverse" effects, just didn't quantify them...

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