Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Radio Free Wall Street
Posts Tagged ‘ Ceo ’
Empty Plastic
While economists and the mainstream media tried hard to get everyone excited by today's "better-than-expected" employment report (which included an unusually large and likely-to-be-reversed spike in hiring in the "Couriers & Messengers" category), t...
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Corzine Testimony Christmas Carol
Jon Corzine’s testimony could have been sung as a Christmas Carol: (Sung to “God rest ye merry gentlemen”) I guess you clever gentlemen Are wondering what I’ll say. Will I cite the 5th amendment Or did I come to play? Well I will tell you everything On this December day. You see, I don’t...
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On Corzine – MFG in the fog of war
I watched Jon boy. I didn’t hear any smoking guns. That doesn’t mean there weren't any. Keep in mind that Corzine has the best lawyer (for this) that money can buy. Andrew Levander has been advising the former CEO of MFG on every word he says.
I w...
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Multiple Layers of Lies
"Two former employees of MF Global have brought suit against former CEO Jon Corzine for allegedly misrepresenting the health of the firm, using deceit to get employees to invest in company stock, and squandering that investment on risky European debt."...
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Productive Employment
It seems that layoffs are happening almost daily:
http://www.bloomberg.com/news/2011-12-06/citigroup-to-cut-4-500-jobs-on-slumping-
revenue-take-400-million-charge.html?cmpid=yhoo
One can argue that most if not all financial related jobs are of very ...
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Three Types of People to Fire Immediately
The Innovation Engine
November 08, 2011, 2:28 PM EST
Three Types of People to Fire Immediately
Want a more innovative company? Get rid of these folks. Today
By G. Michael Maddock and Raphael Louis Vitón
“I wanted a happy culture. So I fired all...
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MILLIONS of Homes Lurk on Bank Inventories
MIAMI — Officially, there are 3.5 million homes for sale nationwide. But there are millions more lurking in the shadows — hidden neatly away on banks' balance sheets, stalled in foreclosure court proceedings or simply occupied by nonpaying owner...
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Vikram Pandit’s gonna need a new cell phone
since Gawker published his digits to make light of his bogus "offer" to discuss Occupy concerns. Gotta love Gawker's bluntly-phrased suggested topics of conversation.
http://gawker.com/5849826/want-to-talk-to-the-ceo-of-citigroup-heres-his-cell-
phon...
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Google Q3 Earnings Released, $9.72 Billion in Revenue
Google Q3 Earnings Released, $9.72 Billion in Revenue
Revenue up 33% year-over-year
Chris Crum | October 13, 2011 @ 4:06pm
Google has released its earnings report for the third quarter, beating expectations.
This includes $9.72 billion for the qu...
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Highest-Paid CEOs Often Earn More Than Company Pays In Income Taxes
Highest-Paid CEOs Often Earn More Than Company Pays In Income Taxes, Study Finds
First Posted: 8/31/11 07:58 AM ET Updated: 8/31/11 12:25 PM ET
WASHINGTON - Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies pai...
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S&P board fires their CEO over US bond downgrade, replaces him with Citibank’s COO
Zero Hedge
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Forbes Heirs Nearly Bankrupted Forbes Media
Hmmm. Maybe I shouldn't be reading Forbes magazine for financial advice.....
Forbes Media recently found itself in technical default, and while the situation has improved, the company is not out of the woods yet. Fortune obtained the financial record...
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Return of Mass Layoffs a Grim Sign for U.S. Workers
Return of Mass Layoffs a Grim Sign for U.S. Workers
By Aaron Task
Putting pressure on an already lousy job market, the mass layoff is making a comeback. In the past week, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts. (See...
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Quote of the Day…
“when the typhoons come, even a pig can fly in the sky. Everybody is profiteering from this. Why can’t we?”
CEO of Chinese manufacturer, Lenovo, explaining why 60% of their profits from real estate
*c/o Charles Hugh Smith via ZH
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NYSE Investor Credit and the Market: Another Caution Signal
June 8, 2011
Yesterday I featured a commentary on NYSE Margin Debt and the S&P 500 that illustrated the growth of margin debt since 1995 and the correlation with market peaks. After it appeared, Lance Roberts, General Partner & CEO of Streettalk A...
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The Blackjack player who took Atlantic City for $15 Million
Over the past six-months, wearing sweatshirts, free baseball caps and jeans, Wyoming executive Don Johnson, has taken Atlantic City blackjack tables for $15.1 million dollars.
The Press of Atlantic City reports that Johnson won about $5 million fr...
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BofA CEO: Your Home Isn’t An Asset
CHARLOTTE, N.C. — Homeowners may need to look elsewhere for long-term investment returns as housing prices in some areas may not rebound long-term, Bank of America Corp Chief Executive Officer Brian Moynihan said on Tuesday.
Moynihan, CEO...
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This Is What Class War Looks Like
The wealthiest 5% of Americans control 72% of America's financial wealth. The bottom 80% control only 7% of the nation's financial wealth. The richest 400 Americans have more combined wealth than the poorer HALF of all Americans. That means 400 p...
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Sign of Recovery: Big, Bouncy Executive Bonuses
Signs of Economic Recovery: Big, Bouncy Executive Bonuses
You know our economy is rebounding when the rich are getting richer without the government's help. Bonuses for the chief executives at 50 major corporations jumped a median of 30.5 percent fo...
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Insiders Dumping Their Shares Like Crazy!
The "Insiders" are gettin' outta Dodge!
Hmmm. Perhaps they know something bad is coming for the Wall Street Casino...
As the Dow, Nasdaq, and S&P have been steadily climbing over the past few months and showing snapshots of recovery, the truth of t...
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Buffett: Berkshire Hathaway is the “dumbest” stock he bought
Warren Buffett says Berkshire Hathaway is the "dumbest" stock he ever bought.
He calls his 1964 decision to buy the textile company a $200 billion dollar blunder, sparked by a spiteful urge to retaliate against the CEO who tried to "chisel" Buffett ou...
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The tangled web of BP, HAL, RIG, and APC :)
On the other hand, Halliburton's CEP David Lesar made his biggest annual sale of Halliburton shares last week, another fact brought to the surface that could be misinterpreted as providing a read on the oil spill blame game. Could the Halliburton CEO h...
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Financial Regulation: Then and Now (Busting TBTF)
Like the internet, finance would benefit from redundancy, and competition, not just in the sense of distributed shareholdings (which is already the case) but viewpoints (which is not helped when directors merely “rubber stamp” CEO opinion, and Fed, Treasury, and other financial regulatory officials are always on loan from GS and the rest of Wall Street)....
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Goldman’s Earnings Down On Security Costs
by Jorma Dec. 1- (The Stool Pigeons Wire) Shares of Goldman Sachs fell this morning on the announcement that its earnings will fall significantly due to expenses related to providing security for its partners and facilities. A $20 billion dollar contract with Homeland Security will be administered by Xe, formerly Blackwater, who will provide...
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Bank of America to take over GM at request of US government
by Trader Joe Charlotte, NC (Stool Pigeons Wire) – Bank of America will take over GM at request of the US government. When asked, Ken Lewis, CEO of Bank of America stated, “We think that GM will be a good strategic fit for Bank of America. Along with our forced acquisitions of Countrywide and...
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