Jump to content

B4 The Bell Tuezleday


Guest yobob1

Recommended Posts

  • Replies 242
  • Created
  • Last Reply

Anybody else catch the action on NPSP this morning? Opened up over 4.00 to 31. Anybody that bought around that level got a 10% haircut as it is now at 28.70.

Link to comment
Share on other sites

WASHINGTON (CBS.MW) -- Five trading-specialist firms on the New York Stock Exchange reached a $240 million settlement Tuesday with the Securities and Exchange Commission over charges that they traded ahead of customer orders for their own accounts.

 

The firms include Bear Wagner Specialists, a unit of Bear Stearns (BSC: news, chart); Fleet Specialist, a unit of FleetBoston Financial (FBF: news, chart); LaBranche (LAB: news, chart); Spear, Leeds & Kellogg Specialists, a unit of Goldman Sachs (GS: news, chart); and Van der Moolen Specialists USA (VDM: news, chart).

 

 

http://aolpf5.marketwatch.com/news/story.a...7D&siteid=aolpf

Link to comment
Share on other sites

Fannie Mae ad:

 

I presume most of you have seen the recent TV campaign with the hispanic family of four at the kitchen table discussing shopping for a home and what the rates are expected to be...you know, the ad with the guy who is dumber than a sack of shit, and the wife who knows every answer to every really stupid question the guy asks...well now there's a new version.

 

Now the guy is reading the paper at the table saying:

 

"It looks like Congress is thinking about restricting Fannie Mae's ability to lend money...I sure hope that doesn't eliminate our chances to buy that new home we've been looking at." to which she responds... "it just might!"

 

Advertising against Congressional action, and using the low end of the economic scale (stealing the american Dream from them) as the battering ram...if I were a Congressman, I'd toast these bastards.

Link to comment
Share on other sites

Does anybody get the impression that the script for the week was to get the Saudis to float the prospect of cheaper oil on Monday in order to engineer the epic-tick ramp job, then just hold it in place while quietly distributing it through Wednesday, then let it collapse through the end of the week?

 

Would they do that?

Link to comment
Share on other sites

A major story in Europe very underreported here is that Russian/U.S. relations have gotten very chilly in the last 72 hours. Apparently Putin has been furious about U.S. military personnel being in Georgia and Uzbekistan. Yesterday NATO announced after the induction of the new member countries that it would permanently station two F-18's in Lithuania which borders Russia. In my view a totally stupid move! ;)

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...