{"id":13316,"date":"2011-05-11T08:00:03","date_gmt":"2011-05-11T12:00:03","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=13316"},"modified":"2011-05-11T08:00:03","modified_gmt":"2011-05-11T12:00:03","slug":"links-for-may-11th-2","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2011\/05\/11\/links-for-may-11th-2\/","title":{"rendered":"Links and Reading for May 11th"},"content":{"rendered":"<p>Some of the more interesting and important items for May 11th :<\/p>\n<ul>\n<li><a href=\"http:\/\/www.marketwatch.com\/story\/citigroups-550-share-price-2011-05-10?Link=obinsite\">Citigroup&rsquo;s $550 Share Price &#8211; MarketWatch<\/a> &#8211; Citigroup (NYSE: C) reverse split its stock and each stockholder with 10 shares got one. That took the price of Citi to $44. No one was fooled by the action. The big bank&#039;s stock was worth, on the split basis, $550 four years ago. Citigroup is still Citigroup, the wretched and troubled financial firm which was irreparable damaged by the credit crisis and will never fully recover.<\/li>\n<li><a href=\"http:\/\/www.marketwatch.com\/story\/why-berkshire-and-buffett-never-lose-2011-05-10?link=kiosk\">Why Berkshire and Buffett never lose David Weidner&#8217;s Writing on the Wall &#8211; MarketWatch<\/a> &#8211; NEW YORK (MarketWatch) &mdash; Like most big-shot investors or Wall Street CEOs, Warren Buffett doesn&rsquo;t get overly worked up about quarterly earnings &mdash; except when they&rsquo;re good.<\/li>\n<li><a href=\"http:\/\/www.marketwatch.com\/story\/greeks-go-on-strike-to-protest-austerity-measures-2011-05-11?dist=beforebell\">Greeks go on strike to protest austerity measures &#8211; MarketWatch<\/a> &#8211; LONDON (MarketWatch) &mdash; Public services and transport across Greece came to a stop Wednesday as labor unions mounted the second general strike of the year to protest another round of austerity measures as concerns heightened over the nation&rsquo;s solvency.<\/li>\n<li><a href=\"http:\/\/www.bloomberg.com\/news\/2011-05-11\/china-inflation-over-5-signals-officials-may-boost-yuan-interest-rates.html\">China Inflation Signals More Tightening to Come &#8211; Bloomberg<\/a> &#8211; China&rsquo;s inflation held above 5 percent in April and lending exceeded analysts&rsquo; estimates, signaling that further monetary tightening may be needed to cool the fastest-growing major economy.<\/li>\n<li><a href=\"http:\/\/www.bloomberg.com\/news\/2011-05-11\/boe-says-outlook-weaker-sees-inflation-falling.html\">BOE Signals Rate Increase This Year Amid Inflation &#8211; Bloomberg<\/a> &#8211; Bank of England Governor Mervyn King said that inflation remains &ldquo;uncomfortably high,&rdquo; and officials signaled they may need to raise interest rates later this year even as the economy struggles to build momentum.<\/li>\n<li><a href=\"http:\/\/www.bloomberg.com\/news\/2011-05-09\/fdic-s-bair-will-leave-post-july-8-after-finishing-bank-living-will-rule.html\">FDIC&rsquo;s Bair Will Leave Post July 8 After Finishing Bank &lsquo;Living-Will&rsquo; Rule &#8211; Bloomberg<\/a> &#8211; Federal Deposit Insurance Corp. Chairman Sheila Bair will leave her post July 8, a week after the official expiration of her term, the agency announced.<\/li>\n<li><a href=\"http:\/\/www.bloomberg.com\/news\/2011-05-09\/google-s-youtube-plans-to-start-adding-3-000-new-movies-for-rent.html\">Google&rsquo;s YouTube Adding 3,000 Rentals, Challenging Netflix &#8211; Bloomberg<\/a> &#8211; Google Inc. (GOOG)&rsquo;s YouTube website will add &ldquo;The King&rsquo;s Speech,&rdquo; &ldquo;Inception&rdquo; and about 3,000 other titles to its movie-rental service, accelerating its shift into Hollywood entertainment and stepping up competition with Netflix Inc. (NFLX)<\/li>\n<li><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703702004576268772294316518.html\">Drug Makers Replace Reps With Digital Tools &#8211; WSJ.com<\/a> &#8211; Big pharmaceutical companies have found replacements for the army of sales representatives they&#039;ve laid off in recent years: digital sales tools that seek to sell doctors on drugs without the intrusion of an office visit.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Some of the more interesting and important items for May 11th : Citigroup&rsquo;s $550 Share Price &#8211; MarketWatch &#8211; Citigroup (NYSE: C) reverse split its stock and each stockholder with 10 shares got one. That took the price of Citi to $44. No one was fooled by the action. The big bank&#039;s stock was worth, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[262],"tags":[218,483],"class_list":["post-13316","post","type-post","status-publish","format-standard","hentry","category-recentreads","tag-linkfest","tag-markets","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/13316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=13316"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/13316\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=13316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=13316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=13316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}