In the News- GM won't advertise in the 2013 Super Bowl May 18, 2012General Motors will not advertise during this year's Super Bowl game, the automaker said Friday. […]
- New York penthouse sells for a record $90 million May 18, 2012An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer. […]
- Stocks: Worst week of the year May 18, 2012Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market. […]
- Facebook trading sets record IPO volume May 18, 2012Facebook's stock market debut finally came and went -- but for all the breathless hype, shares ended right near their offering price. […]
- GM won't advertise in the 2013 Super Bowl May 18, 2012
government Archive
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Real Estate Investors & A New Plan
Posted on February 19, 2009 | 2 CommentsI saw a post on CNBC today and had to laugh. It was an article written by their real estate reporter declaring that not all real estate investors are irresponsible. ... -
Housing – The Party That Won’t Start
Posted on February 18, 2009 | 1 CommentToday, Obama announced his housing rescue plan. It basically boiled down helping out “responsible” home builders by giving them access to low cost financing so long as they are not... -
Executive Pay Caps – Political Theater
Posted on February 10, 2009 | No CommentsLast week Barack Obama announced pay caps to executive compensation for any firm receiving money from the TARP. This was in response to public outrage over executives and high-level managers... -
The Double Journey Stimulus Plan
Posted on February 2, 2009 | 1 CommentBefore I write this post, I will admit I have not read in detail the plan in front of Congress. Part of this is my cynicism. I know I will... -
Where Does California Spend the Money?
Posted on January 28, 2009 | 2 CommentsI don’t have the time today to write a full post so this one is going to be short. I just have a quick question, what the hell is California... -
Government Jobs, A Double Edged Sword
Posted on January 27, 2009 | No CommentsI was talking to a friend recently who was lamenting her government job. It was not that she was particularly disgruntled with her job, it was just that she felt... -
An Historic Event – Where Were You?
Posted on January 20, 2009 | 2 CommentsToday, Barack Obama was sworn in as the 44th President of the United States. It was an historic event. The type of event where you just know where you were... -
Government Crowding Out Investment
Posted on January 6, 2009 | No CommentsWilbur Ross, a famous investor best known for buying companies in distressed industries, proclaimed that he is looking to buy a bank. He declared, “We will end up with a... -
Changing the Rules Midgame
Posted on December 21, 2008 | 1 CommentOn Friday, the Bush administration opened up the TARP funds to bailout the Auto Industry. Yet another example of the government not fully understanding the law of unintended consequences. I... -
When Your Competition Wants to Save You …
Posted on December 15, 2008 | 1 CommentYou know you have problems. Many of the foreign automakers like Toyota have come out on the side of a U.S. automotive bailout. Much of their reasoning seems sound. They...