Friday News and Notes
Microsoft has released a new threat modeling tool. We are huge fans of threat modeling, and it is a part of our application assessment methodology ... patches. We are seeing more asset owners with effective Windows patch management programs ... an authoritative service for that system / application. FD: OSIsoft is a participant and contributer in Digital [more...]
Date: 2008-12-05 14:20:33
Blog posts
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Videos
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News - Commentary - Opinions
Bush Still Lies about Iraqi InspectionsBy Robert Parry - Consortium NewsIn what’s been called George W. Bush’s first exit interview, the outgoing President continues a lie that he first unveiled several months after launching the Iraq War, justifying the invasion by claiming that Saddam Hussein didn’t let the U.N. inspectors in [more...]
Date: 2008-12-03 12:07:00
Obama Accepts Millions From Subprime Tied Contributors - Part I [Reader Post]
As GOP attacks mount on the issue of Senator Obama’s ties to Political Action Committees and Lobbyists, Obama’s campaign has undergone little scrutiny on his long-standing ties to the financial and banking community. In Obama’s speeches across the country he has repeatedly criticized the Bush administration for allowing “evil” subprime mortgage [more...]
Date: 2008-07-01 01:22:09
How Lehman Was Allowed to Die
Yesterday I got the phone call that sent shivers down my spine. Never have I listened so intently to someone speak. I took my time writing this note ... , they had opened up the books to Neuberger Berman and their investment management business ... management business. They knew the value of the stand-alone business and that by selling that business [more...]
Date: 2008-09-19 10:32:34
Bailout Nation or ‘Failout’ Nation…I say Bring Back FAIL!
FAILURE is good! My witty friend Barry Ritholtz who is a fantastic writer has a new book coming out called ‘Bailout Nation ‘ ... do we learn from AIG and Citibank unless with every dollar we bail them out with, management is forced to explain what exactly is the asset and the thinking behind the asset when they bought [more...]
Date: 2008-12-01 06:35:00
Some Thoughts on 2009
So much promise, so many risks. This is how 2009 is shaping up. While euphoria surrounding the Obama Administration’s fiscal stimulus plans will drive the markets early in the year, I believe this rally will lose steam as massive deficit spending begins to shine a light on the greatest risk facing the US: debasement of the currency [more...]
Date: 2009-01-05 23:59:39
Some Thoughts on 2009
So much promise, so many risks. This is how 2009 is shaping up. While euphoria surrounding the Obama Administration's fiscal stimulus plans will drive the markets early in the year, I believe this rally will lose steam as massive deficit spending begins to shine a light on the greatest risk facing the US: debasement of the currency [more...]
Date: 2009-01-05 22:51:16
Financial Intelligence – Part XVII
I am sure many of you are asking: What is going on with the Global Financial Markets? We are fortunate that Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old ... , officially over.The End of Wall Street’s Boom(Source: Portfolio.com)By: Michael Lewis (Nov 11, 2008 [more...]
Date: 2008-11-23 22:00:00
Fights Inflation
This is the first of a 7-part series on how to beat inflation in Singapore or just about anywhere else for that matter. As inflation takes off and goes exponential worldwide, individuals and investors alike will need to develop personal strategies to cope with and to fight this insidious enemy that is inflation, [more...]
Date: 2009-01-04 10:10:00
Ominous Overtones For Bridal/Tuxedo Business?
Comments from a former Israeli Ambassador to a Muslim nation in that region. This was e mailed by the Ambassador to my friend who is also a fellow memo reader and friend of the ambassador. The Ambassador lays out a simple case why Hamas is a threat to all nations in the region and why there must be a change in Hamas' ability to rule [more...]
Date: 2009-01-04 17:40:00
Gates of Vienna News Feed 11/18/2008
The most ominous news story tonight: “IAF is Ready for Iran’s Nuclear Sites”.A period of great peril for Israel is fast approaching. Assuming that the mullahs have a nuclear capability, the most dangerous time will likely be between the inauguration of Barack Obama — when the United States will cease to be a credible deterrent to Iran — and the [more...]
Date: 2008-11-19 04:59:00
Architecture By Baseball: Moneyball
Fielder at the plate This is the tenth in a series of articles about how we can learn about software architecture by ... Management by Baseball. I started this series off with a discussion of the 5 tool player, which ... In 2004 the book Moneyball: The Art of Winning an Unfair Game by Michael Lewis was published [more...]
Date: 2009-01-08 00:26:34
Does Bank of America have enough capital?
Filed under: Bank of America (BAC), Financial CrisisBank Of America (NYSE: BAC) now stands as a symbol of the U.S. banking system, so it better not fail. Its CEO Ken Lewis decided not to take a bonus after taking ... and the potential for big asset write-downs. I'd guess that Bank of America could use much more capital [more...]
Date: 2009-01-07 16:41:00
The SEC And Ratings Agencies: Enabling The Market Meltdown
Michael Lewis and David Einhorn had an op-ed in the NYT on Sunday that is worth reading ... and management malfeasance — out of some misguided notion that to do so would cause stock prices ... Suisse before moving on to Morgan Stanley. A casual observer could be forgiven for thinking [more...]
Date: 2009-01-06 14:01:18
Death of commodities greatly exaggerated
By Pratima Desai - Analysis LONDON (Reuters) - To some the six-year bull run in commodities is definitely over, but depressed markets and deep cuts in output may yet set the stage for another bubble. When that will be is uncertain given the crisis engulfing financial markets, [more...]
Date: 2008-12-15 14:59:54
CALIFORNIA FOCUS: Blogs, Marriage Equality, Alternative Energy, Groups and Events
I will continue, for some time, be focusing on Marriage Equality. This is not my issue. I am not gay. I do know some gay people, but not so many that their issues tend to be mine. But the attempts in this nation to deny basic equality, to even RECOGNIZE basic equality, to some 10% of Americans, horrifies me. Prop 8 was terrible [more...]
Date: 2008-11-21 23:00:00
GM and Ford Burning Cash, Seek Emergency Government Loans
America’s two leading auto manufacturers, Ford Motor Co. (F) and General Motors Corp. (GM), reported heavy third-quarter losses Friday and are under a severe liquidity strain. Both are seeking emergency loans from governments in the United States and Europe. Ford posted a $2.98 billion operating loss for the quarter ended Sept. 30 [more...]
Date: 2008-11-10 12:53:34
Obama's Sub-Prime Buddies! Lehman Brothers, Merrill Lynch, & More
Updated September 15th - This Article is compiled from previous articles and new content. Bundler amounts have been updated, but individual contributions have not been updated since June. As a result, it is safe to assume that individual contributions have likely been doubled since the start of the General Election cycle [more...]
Date: 2008-09-16 02:35:00
Pothole Killers to Introduce Their 'Green' Solution to Pothole Repair at The National League of Cities Exposition in Orlando
Pothole Killers Presenting New Eco Friendly Spray Injection Pothole Repair Technology MORRISVILLE, Pa., Oct. 10 (SEND2PRESS NEWSWIRE) ... it an asset to Patch Management and our cities nationwide. Putting this together with the PK2000 ... -- Patch Management, Inc., has announced the release of their latest technological advancement [more...]
Date: 2008-10-10 14:29:37
Agent Interview: Sarah Davies of The Greenhouse Literary Agency
Sarah Davies runs the Greenhouse, a full-service literary agency exclusively for authors of fiction (though not picture books) for children and young adults. Greenhouse launched in January 2008 and has already developed and sold a number of debut authors.With offices in Virginia (just outside Washington D.C.) [more...]
Date: 2009-01-07 14:07:00
Bank of America (BOA), Wells Fargo (WFC) End 2008 with Major Buyout Deals
Two major U.S. banking deals were completed yesterday (Thursday), enabling the suitors to finalize the deals before 2008 came to a close ... quantified the still existing risks in Wachovia’s huge portfolio of mortgage and real estate loans ... , investment banking, mortgage and wealth management operations [more...]
Date: 2009-01-02 12:36:15
New Book: Michael Lewis- Panic: The Story Of Modern Financial Insanity
Here is Michael Lewis’ new book to read during the Holidays. Brief Book Review (Via Amazon) When it comes to markets, the first deadly sin is greed. Michael Lewis is our jungle guide ... , the Russian default (and the subsequent collapse of Long-Term Capital Management), the Asian currency [more...]
Date: 2008-12-06 17:00:22
Clinton To State?
Clinton To State? The New York Times is reporting that Hillary Rodham Clinton has decided to accept the offer from President-elect Barack Obama to serve as secretary of State. The Obama transition team is offering no public statement and Clinton Senate spokesman Philippe Reines told the Post's Anne Kornblut: "We're still in discussions, [more...]
Date: 2008-11-21 21:28:37
Have the regulators become aiders and abetters of financial crime?
January 6th, 2008 WHY have financial regulators on both sides of the Atlantic become so spineless? One of the regulators’ main roles is to protect consumers from the crooks and charlatans of the financial world (where such ne’er-do-wells do, of course, represent a tiny minority) [more...]
Date: 2009-01-06 13:02:18
Winthrop H. Smith, Jr to Merrill Shareholder's Meeting
Thank you for allowing me to say a few words on this most important morning. I will say more about you in a moment, but I just wanted to thank you up front for your leadership and all you have attempted to do this past year. Fellow Shareholders, I speak to you today as a 28 year employee, [more...]
Date: 2008-12-08 22:36:47
Domination not education is the name of this game
I want to string together a few sentences that I spotted in yesterday's paper together with some thoughts I've been carrying around in my head for a ... , and responsible financial management were not on the syllabus. But again, maybe that's not the business [more...]
Date: 2009-01-03 19:59:05
Win Smith (as in Merrill Lynch Pierce Fenner & Smith)
Thank you for allowing me to say a few words on this most important morning. I will say more about you in a moment, but I just wanted to thank you up front for your leadership and all you have attempted to do this past year. Fellow Shareholders, I speak to you today as a 28 year employee, [more...]
Date: 2008-12-06 16:00:28
The Scheme Chapter 6.1: Thoughts on the “Logic” Behind the Slabberator
When Steve dropped by yesterday and mentioned the broad subject of the so called “science” behind the Slabberator (also known as an Enterprise Risk Management dashboard) being a target rich environment ... in risk management at the enterprise level. To me this begs some questions about whether the logic [more...]
Date: 2008-12-03 15:38:35
Some Thoughts on 2009
Roger Ehrenberg at Information Arbitrage shares his thoughts on the year ahead. Some Thoughts on 2009 So much promise, so many risks. This is how 2009 is shaping up. While euphoria surrounding the Obama Administration’s fiscal stimulus plans will drive the markets early in the year, [more...]
Date: 2009-01-07 04:18:37
CALIFORNIA FOCUS: Blogs, Alternative Energy, Groups and Events
I will continue, for some time, be focusing on Marriage Equality. I will keep the statement by Keith Olbermann on Prop 8 on the top of my California Focus for sometime because I think it needs to be heard over and over again. It is a brilliant statement right from the heart [more...]
Date: 2008-11-26 22:51:00
CALIFORNIA FOCUS: Blogs, Alternative Energy, Groups and Events
I will continue, for some time, be focusing on Marriage Equality. I will keep the statement by Keith Olbermann on Prop 8 on the top of my California Focus for sometime because I think it needs to be heard over and over again. It is a brilliant statement right from the heart [more...]
Date: 2008-12-12 16:50:00
CALIFORNIA FOCUS: Blogs, Alternative Energy, Groups and Events
I will continue, for some time, be focusing on Marriage Equality. I will keep the statement by Keith Olbermann on Prop 8 on the top of my California Focus for sometime because I think it needs to be heard over and over again. It is a brilliant statement right from the heart [more...]
Date: 2008-12-20 20:39:00
THE FINTAG NEWSLETTER @ 02 December 2008
FINTAG COMMENT Red alert. Funny how we make up a word, define what it means and then get all gloomy when an event occurs that makes that word true. The US is in "Recession", apparently, and the markets turned to the color of blood last night. As we said yesterday, [more...]
Date: 2008-12-02 12:53:44
Deals of the Day: Automakers Get Bottomless Bailout
Deals of the Day, compiled by Stephen Grocer and Heidi N ... . This is one of the few cases where the prickly activist is nice to management, and this is what he gets ... for its refusal to fire management. The arguments on corporate governance are all too familiar [more...]
Date: 2008-12-30 13:13:50
Deals of the Day: Automakers Get Bottomless Bailout
Deals of the Day, compiled by Stephen Grocer and Heidi N ... . This is one of the few cases where the prickly activist is nice to management, and this is what he gets ... for its refusal to fire management. The arguments on corporate governance are all too familiar [more...]
Date: 2008-12-30 16:13:00
DrumBeat: August 27, 2008
US heating oil dealers clamp down on unpaid bills NEW YORK (Reuters) - U.S. heating oil dealers are using new software to weed out clients who may not pay their bills ... dealers in New York City, Long Island, and Connecticut have turned to real-time information software [more...]
Date: 2008-08-27 13:50:01
The CIA Warned Condi
AP Study Finds $1.6B Went to Bailed-Out Bank Execsby Frank Bass and Rita Beamish - AP / Common DreamsBanks that are getting taxpayer bailouts awarded ... jets and chauffeurs, home security, country club memberships and professional money management, the AP [more...]
Date: 2008-12-22 13:13:00
In The News Today
Jim Sinclair’s Commentary What a disaster has befallen on the financial industry thanks to OTC Derivatives manufacturers, ... you to the army of geeks who still do not know what all the fuss is about, to management that counted [more...]
Date: 2009-01-01 19:44:00
CELEBRATING A FUNDAMENTAL FREEDOM - FASHION ICON WILKES BASHFORD AND SAN FRANCISCO PHILANTHROPIST CHRISTOPHER BENTLY HOST A FUNDRAISING WEDDING EVENT FOR ‘NO ON 8-EQUALITY CALIFORNIA’
Their One and Onlies Wilkes Bashford, Fashion Arbiter to The Swells, and Da Mayor The Honorable Willie Lewis Brown Jr. Informal fashion show, cocktails and dinner by the bite for San Francisco elite BY PAT MURPHY Sentinel Editor & Publisher Copyright © 2008 [more...]
Date: 2008-08-30 02:21:39
Deals of the Day: No Bonus for Bank of America’s Ken Lewis
Deals of the Day, compiled by Stephen Grocer and Heidi N ... Bankruptcy & Restructuring Auto Makers: The UAW is arriving in Detroit for talks with General Motors, Ford Motor and Chrysler. Detroit Free Press Lyondell Chemical: The U.S. arm of the chemical [more...]
Date: 2009-01-07 13:16:40
Top Five Causes of the Financial Crisis
1. Alternative Realities: The Black-Scholes Revolution Hatched by two Berkeley finance professors, ... incomprehensible, Michael Lewis, author of Liar’s Poker, sums up the bottom line: The model is based [more...]
Date: 2009-01-11 00:43:12
The End of the Financial World as We Know It
By MICHAEL LEWIS and DAVID EINHORN Published: January 3, 2009 AMERICANS enter the New Year in a strange new role: financial lunatics ... Investment Management in Boston who, for nine years, tried to explain to the Securities and Exchange [more...]
Date: 2009-01-04 15:22:36
The Enigma of Martin Armstrong (revisited)
Martin Armstrong's name is surfacing once again, as cyclically recurrent as perhaps predicted by his theories ... of the asset-price destruction trend by Gold, much the same way the Hebrews turned to golden calfs after [more...]
Date: 2009-01-04 20:54:00
Two Excellent Michael Lewis and David Einhorn Articles
I’ve posted a bunch of stuff from these guys over the years: Here’s an especially good David Einhorn speech from October 2007: ... . Mr. Markopolos is the former investment officer with Rampart Investment Management in Boston [more...]
Date: 2009-01-05 05:13:25
Legal News - LexBlogosphere: 8/12/08
Legal News - LexBlogosphere: 8/12/08 Happy Tuesday, folks ... of Proskauer Rose in the firm's Privacy Law Blog An asset search with letters rogatory - New York lawyer Fred Abrams in his Asset Search Blog Fantasy baseball, publicity rights and the First Amendment [more...]
Date: 2008-08-13 01:46:10
Opinion: Housing bubbles and market sense
By Hugh Pavletich Recently - Professor Paul Krugman of Princeton University wrote within a brief New York Times article Bubble Blindness – “The ... things were going on in the housing market. Lots of firms [more...]
Date: 2009-01-11 23:59:21
A Good Deal for Citigroup’s Smith Barney?
A Good Deal for Citigroup’s Smith Barney? Posted by Heidi N ... effort, in 2005. That year Citigroup swapped its asset management business to Legg Mason, which ... that was part of their 2005 asset swap. Since then, Bill Miller’s vaunted Legg Mason Value Fund [more...]
Date: 2009-01-11 02:38:56
Deirdre Stanley, Executive Vice President and General Counsel of Thomson Reuters, to Speak at Minority Networking Attorney Event Co-Hosted by Fried Frank
Deirdre Stanley, executive vice president and general counsel of Thomson Reuters, will be the featured speaker at the New York Minority Attorney Networking Series to be held on Wednesday, January 14, 2009. New York, NY (Vocus/PRWEB ) [more...]
Date: 2009-01-08 23:45:00
A Free Call Option on the American Economy
From the backseat’s darkness, the hedge fund manager wasn’t talking to anyone in particular, ... society, where the leverage to risk others’ assets was more powerful than owning the actual asset [more...]
Date: 2009-01-06 21:22:04
The End of the Financial World?
A friend of mine shared this with me, so I am passing this forward and sharing with you ... Investment Management in Boston who, for nine years, tried to explain to the Securities and Exchange [more...]
Date: 2009-01-06 17:38:01
