March 2009

He's arguably the world's greatest investor so when he puts out a 23 page round-up of his investing successes and mistakes of 2008 along with an outlook for 2009, everyone wants to hear it. Knowing that many of you are quite busy and don't have time to pore through a 23-page investment letter while you're trying to live your own life, *I* did it for you and have pulled out the best Buffettisms and ... read more

Didja see the op-ed piece in the WSJ today by Alan Greenspan? Talk about a guy who's trying to say that the worst recession since the Great Depression *wasn't* sparked by the monetary policy he left in place for a loooooong time... I mean, just read the thing. He's given more space than Sputnick on the op-ed page to try to keep his reputation afloat.  Clearly, he's a man who's very concerned ... read more

..and with it comes more AIG 'we're-annoyed-again-with-how-they're-using-our-taxpayer-money" drama, along with G-20 Finance meeting developments. (Our own Ashley Webster conducted a fair and terrific interview with Treasury Secretary Tim Geithner in Europe, btw). At least the Benie Madoff insanity is somewhat on its way to being resolved, although we all still want to know, "Where's the ... read more

What do you think? Do we tax the heck out of Wall Street bonuses? The House overwhelmingly passed legislation yesterday that would tax bonuses at a rate of 90%. Who gets hit? Any employee who earns more than $250,000 at a company that has received at least $5 billion from the government, i.e. YOU THE TAXPAYER. But, be careful of  'Ye olde Unintended Consequences' issue. If this passes in ... read more

The Michigan State Spartans aren't the only ones holding it up for the  embattled state: Today on Countdown to the Closing Bell, we landed an interview with Governor Jennifer Granholm who is  obviously very concerned about all of the GM developments over the past 24 hours, but wait til you hear her tone and how she views the future. And if you've got a business? Just listen to the ... read more