July 2008

If you have been anywhere near the gang on the street lately, all anyone talks about it is shorting stocks:  shorting Lehman, Wachovia, and the financials are popular moves right now, while shorting oil and commodities as well.  It's become one big gambling machine. Of course, if you are a "trader" and not an investor than sure, this is your language.  But, I worry that short term trading is ... read more

You know times are tough when grocery stores start putting security tags on frozen chickens to ward off thieves.  Yep!  Sainsbury's in Britain starting putting the same tags you see on expensive bags and fur coats on chickens!   It seems the credit crisis has hit Britain just like it has here in the United States. According to the Daily Mail, the store had seen a rise in shoplifting of the ... read more

That was a direct quote from Jamie Dimon today, chief at JPMorgan Chase, the bank that everyone is scratching their heads over.  Why?  Because the smartest person knows to ask other smart people what is going on, and Dimon looks like he could be the smartest guy right now behind Lloyd Blankfein of Goldman Sachs. He said if we were going into a recession (and Fed President Lacker said the data ... read more

There was a book I read when I was a kid, and I know most girls read it from my generation. It was called "Hi God, It's Me Margaret" by Judy Bloom. She needed advice and guidance on growing up. The shareholders at Yahoo need advice and guidance from Jerry Yang. Where is he? Sometimes you can be a great entrepreneur, the "go to" guy or gal who always has the next big idea. But is Jerry Yang ... read more