Month: October 2009

Links and Reading for October 20th

Some of the more interesting and important items for October 20th :

Top banks cut small business lending by $8 billion – CIT is going to be problematic to smaller biz.
Goldman Sachs Adviser Brian Griffiths Says Pay `Inequality’ Helps Everyone – Hysterical
Paulson Met Privately With Goldman’s Board Last Year,...

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Wynn ReSHORTs (WYNN) – Unfavorable Conditions

Wasn’t it just a week or so ago that Wynn Resorts (WYNN) successfully complete the IPO of the Macau properties? If memory serves, they collected somewhere around $1.5 billion in order to fund expansion and operations.

Now why would they be needing an additional $500 million so quickly? Well, of course...

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Links and Reading for October 20th

Some of the more interesting and important items for October 20th :

Caterpillar Profit, 2009 Outlook Top Estimates on Capacity, Inventory Cuts – Same story another quarter. Good results, but on cost cutting….
Brazilian Stocks Fall Most in Seven Weeks on Tax Proposals: Real Declines – This is a REAL problem....

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Brazil Chokes Off Foreign Investment – Starting TODAY!

After the close on Monday, there was a shock to the Brazilian markets as an announcement was made that Brazil will be slowing foreign investment into the country. In as effort to cool the hot currency and speculation within the stock markets, they are reinstating policy from a few years...

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Links and Reading for October 19th

Some of the more interesting and important items for October 19th :

Government unveils new mortgage help – Real estate- msnbc.com – It will never end until we are all at a 100% tax rate
Swine flu makes a foolproof excuse for slackers – Always a way to get around the...

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