Entries from May 26th, 2010

Four Digit Dow Redux

May 26th, 2010 · 4 Comments · markets

Last time the Dow broke through the mystical 10,000 figure, I made a post about four digits that some of you deemed a bit crude. So I’ve gone highbrow this time. Look, he’s even got a monocle.

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Summers: Moar Ovaltine, Pleeeeze

May 25th, 2010 · 2 Comments · loller dollar

Some fiddle while Rome burns, Larry Summers snores while Washington prints. (Prints money, that is.) And now, he’s asked to fire up the presses again: Larry Summers, the senior economic adviser to President Obama, reportedly asked Congress yesterday to begin drafting plans for a second stimulus package to prevent the economy from suffering a double [...]

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A Few Saturday Links

May 22nd, 2010 · No Comments · links

- Curious what kind of pork and crud has creeped into the financial reform bill? Will you rest any easier when you Congolese cassiterite is conflict-free? (via TakeAReport) – If the euro dies in a fire, when do LoLo and I get cheaper Louis Vuittons? (via WallStreetFighter) – Someone asks the Bank of England “Mister, [...]

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Wells Fargo Unveils New Personal Services

May 20th, 2010 · 4 Comments · all ur bankz, fail

A Wells Fargo account exec, looking to boost his own employee job satisfaction, stands accused of demanding a customer have some ‘phone fun’ with him and send him sexy naked pics in exchange for…doing his job. Awesome. While on a business trip, Jamie Nelson, whose mortgage is owned by Wells Fargo, noticed that the bank [...]

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Dow Theory: Richard Russell Ready To Exit, Stage Left

May 19th, 2010 · 3 Comments · markets

More from the department of “dying in a fire.” Yesterday it was Volcker and the Jims tag-teaming the euro, today Richard Russell is sounding warnings about the entire US market: Just as for years I asked, cajoled, insisted, threatened, demanded, that my subscribers buy gold, I am now insisting, demanding, begging my subscribers to get [...]

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