Month: March 2009

Was That the Market Bottom?

Over the past several weeks, there has been a growing chorus of negativity coming from all directions. It always concerns me when I hear everyone singing the same tune. For instance, recently investing in gold was said to be the only way to protect your portfolio from this economic calamity....

Read More

Vikram Pandit on Citi: We are #1

NY Times Dealbook reports that Citibank’s (C) CEO Vikram Pandit is at it again. Yup, he is talking about Tier 1 ratios as the main calculation to show the financial strength of his bank. The problem is that there is much more that needs to be considered, like those pesky...

Read More

Video: Conflicting Buffetts

When the story broke in the NY Times in October 2008, it was a message that seemed very clear. Sure, Mr. Buffett provided a good amount of wiggle room that provided a backdoor for his call to “BUY AMERICAN” – now. But he did tell us that it was time...

Read More

Links and Reading for March 9th

Some of the more interesting and important items for March 9th :

Buffett Says U.S. Economy Has `Fallen Off a Cliff’ as Berkshire Units Hurt – I saw that…
UAW Backs Ford Concessions – No kidding….better to give a little in order to live..
Capital One Financial Slashes Dividend by 87%...

Read More