News

Opening Bell: 08.03.10

JPMorgan’s Masters Urges No `Panic’ as Commodities Unit Slips (Bloomberg)
“Don’t panic,” she said in summing up the 35-minute call, a recording of which was obtained by Bloomberg News. “No one’s going to get screwed. We’re not going to do crazy things on compensation at the end of the year.” She hopes the second quarter “proves to be a record bad quarter for us in that there’s nothing but upside from here,” she said. “The outcome was both significantly below plan, significantly below last quarter and significantly below the year-ago linked quarter,” she said. The unit would have been in position to meet goals for the first half except for $83 million in revenue that the company deferred booking during the first six months “for a variety of sensible reasons.”

Tim Geithner: Welcome To The Recovery (NYT)
And also the jungle.

Marc Faber: Fed Printing May Create ‘Final’ Crisis (CNBC)
“Investors should have listened to me already six months ago when I wrote that the Fed will continue to monetize … they will print and print and print until the final crisis wipes out the whole system,” Faber said.

SEC Probes BP Potential Insider Trading (Reuters)
The SEC probe is one of a number of investigations of the company and others tied to the spill. Congressional committees and a presidentially appointed panel are probing various aspects of the spill. The Justice Department is looking at potential civil and criminal violations of federal environmental laws.

Fed Mulls Symbolic Shift in Bond Strategy (WSJ)
The issue: Whether to use cash the Fed receives when its mortgage-bond holdings mature to buy new mortgage or Treasury bonds, instead of allowing its portfolio to shrink gradually, as it is expected to do in the months ahead. Any change—only four months after the Fed ended its massive bond-buying program—would signal deepening concern about the economic outlook. If the Fed’s forecast deteriorates significantly, it could also be a precursor to bigger efforts to pump money into the economy.

Political Ads Off Limits, Goldman Promises (NYT)
Goldman Sachs has pledged not to spend any of its vast corporate reserves on political advertising. The move was an unexpected sign of restraint after a major Supreme Court ruling this year that gave corporations the power to devote unlimited amounts to electing or defeating candidates for federal office. The investment bank quietly revised its statement on political activities on its Web site last week, adding a sentence addressing the powers that were granted under the Supreme Court decision in January, known as Citizens United v. Federal Election Commission. “Goldman Sachs also does not spend corporate funds directly on electioneering communications,” the firm said in its statement. Those communications are generally interpreted to mean advertisements on radio and television broadcasts in the run-up to an election.

The Warren Commission (Portfolio)
As head of the new Consumer Financial Protection Bureau at the Fed, Elizabeth Warren would give bankers agita. Here are a few alternatives who would give them the heart attack they need: Joe Borg, Eric Dinallo, Jim Chanos or Eliot Spitzer.

67 comments
(hidden for your protection)
Show all comments

67 Responses to “Opening Bell: 08.03.10”

  1. Anonymous says:

    What do you mean nothing is fucked!?!?!

  2. client 9 says:

    [crosses fingers for spitzy to be #2 hnic at cfpb]

  3. Dopey says:

    And then the Feds came up with an idea;
    A wonderful awful idea.
    They’d PRINT and they’d PRINT;
    And they’d PRINT PRINT PRINT PRINT

  4. Anonymous says:

    She looks hot…..yummy yummy

  5. Anonymous says:

    I predict a lot of meetings at taverns for people looking for scoops and to get punched in the face.

  6. Anonymous says:

    Bess, what’s your favorite romcom?

  7. Anonymous says:

    Bloomberg chick = MILFy smokeshow

  8. Lili Penny says:

    My goal is to baste the bed size log cabin quilt I am working on. I also would like to start making Craftsy BOM January blocks. Wish me luck! :)

  9. unternehmer says:

    Wer sollte dieses neue ebook besitzen?|

  10. click here says:

    As I website possessor I believe the content matter here is rattling great , appreciate it for your efforts. You should keep it up forever! Best of luck.

  11. Wonderful web site. Lots of useful information here. I am sending it to a few friends ans additionally sharing in delicious. And naturally, thanks in your effort!

  12. You can definitely see your expertise in the paintings you write. The world hopes for more passionate writers like you who are not afraid to say how they believe. Always follow your heart.

  13. I do agree with all of the ideas you have presented in your post. They’re really convincing and will certainly work. Still, the posts are very short for newbies. Could you please extend them a bit from next time? Thanks for the post.

  14. sex shop says:

    Thanks for any other fantastic post. The place else may anybody get that type of information in such a perfect approach of writing? I’ve a presentation subsequent week, and I am on the look for such information.

  15. I truly enjoy looking through on this website, it contains superb articles. “Never fight an inanimate object.” by P. J. O’Rourke.

  16. I’ve come across that nowadays, more and more people will be attracted to camcorders and the field of pictures. However, really being a photographer, you will need to first spend so much time frame deciding the exact model of photographic camera to buy and also moving store to store just so you could buy the most inexpensive camera of the brand you have decided to settle on. But it won’t end there. You also have to contemplate whether you should purchase a digital digicam extended warranty. Thanks alot : ) for the good suggestions I accumulated from your site.

  17. It’s my belief that mesothelioma will be the most dangerous cancer. It contains unusual attributes. The more I really look at it the greater I am persuaded it does not work like a real solid tissue cancer. In the event mesothelioma can be a rogue virus-like infection, in that case there is the possibility of developing a vaccine and offering vaccination for asbestos uncovered people who are at high risk of developing foreseeable future asbestos related malignancies. Thanks for expressing your ideas about this important ailment.

  18. now you have to ask yourself, is this the best post you can push out?

  19. prestamos says:

    You can definitely see your enthusiasm in the work you write. The world hopes for even more passionate writers such as you who are not afraid to say how they believe. All the time go after your heart.

  20. I have read some good stuff here. Definitely worth bookmarking for revisiting. I wonder how much effort you set to make this kind of wonderful informative web site.

  21. Thanks for sharing excellent informations. Your web-site is very cool. I am impressed by the details that you have on this blog. It reveals how nicely you understand this subject. Bookmarked this website page, will come back for extra articles. You, my pal, ROCK! I found just the information I already searched all over the place and simply could not come across. What a great website.

  22. I have observed that in digital cameras, extraordinary receptors help to focus automatically. The particular sensors of some camcorders change in in the area of contrast, while others use a beam with infra-red (IR) light, specifically in low light. Higher specification cameras at times use a mix of both programs and likely have Face Priority AF where the dslr camera can ‘See’ a face and focus only on that. Thank you for sharing your opinions on this site.

  23. Thanks for your publiction. Another point is that to be a photographer involves not only difficulties in taking award-winning photographs but in addition hardships in establishing the best digital camera suited to your requirements and most especially challenges in maintaining the caliber of your camera. That is very correct and clear for those professional photographers that are into capturing the nature’s eye-catching scenes – the mountains, the actual forests, the wild or seas. Visiting these daring places definitely requires a dslr camera that can live up to the wild’s hard setting.

  24. Some genuinely quality content on this site, saved to bookmarks .

  25. I have been examinating out many of your articles and i can state nice stuff. I will definitely bookmark your website.

  26. The thing helps 7 divergent largest part media types such as They would 264, Recording, WMA, WMV, MPEG4, JPEG, and too AAC making it extra versatile when compared to ipod itouch.The mainly beneficial types of Tunes player investigate gives emphatically regarding every.When this boom forlorn; nonetheless, these types of economies begun in enjoin to confirm cheery and since joined with nonetheless, they need not of necessity force to the underside.

  27. I have read some excellent stuff here. Certainly worth bookmarking for revisiting. I wonder how so much attempt you place to create this kind of magnificent informative site.

  28. I’m not sure where you’re getting your info, but great topic. I needs to spend some time learning much more or understanding more. Thanks for great info I was looking for this information for my mission.

  29. Definitely, what a fantastic blog and educative posts, I definitely will bookmark your website.Have an awsome day!

  30. Thank you so significantly regarding giving me personally an update on this theme on your web page. Please realize that if a new post becomes available or if any modifications occur to the current publication, I would be considering reading a good deal a lot more and focusing on how to make good usage of those approaches you reveal. Thanks for your efforts and consideration of other individuals by creating this web site available.

  31. What a lovely weblog page. I will certainly be back once more. Please maintain writing!

  32. Bella says:

    thank for this!

  33. I’ll right away take hold of your rss as I can not in finding your e-mail subscription link or e-newsletter service. Do you have any? Kindly let me recognize in order that I could subscribe. Thanks.

  34. I believe that avoiding refined foods may be the first step so that you can lose weight. They will taste very good, but packaged foods include very little vitamins and minerals, making you take in more only to have enough vitality to get through the day. In case you are constantly taking in these foods, converting to grain and other complex carbohydrates will aid you to have more vigor while taking in less. Good blog post.

  35. PUA Review says:

    you are truly a excellent webmaster. The site loading velocity is amazing. It seems that you’re doing any distinctive trick. Also, The contents are masterwork. you’ve done a excellent task on this matter!

  36. Hey There. I found your blog using msn. This is an extremely well written article. I will make sure to bookmark it and return to read more of your useful info. Thanks for the post. I’ll certainly comeback.

  37. Hi, Neat send. In attendance is a problem together with your web locate in internet explorer, would test this… Specifically nonetheless is the marketplace chief and a vast component of people will fail to notice your vast script payable to this problem.

  38. Wbrew temu, iż większość z nas jest świadoma, jak bardzo istotne przypuszczalnie jest symetryczne Zabezpieczania danych , szkiców, umów, przesyłek, prac albo zwyczajnie informacji będących owocem naszych dociekań, rzadko kto ma w sobie tak dużo nieustępliwości żeby proces ów realizować z kongruentną częstotliwością. Aby przeczytać wiecej kliknij Site

  39. Outstanding post, you have pointed out some good points , I likewise believe this s a very great website.

  40. Hello there, I discovered your web site by way of Google whilst searching for a related subject, your website got here up, it seems to be good. I’ve bookmarked it in my google bookmarks.

  41. ghdflghkdfs says:

    It’s hard to find educated people on this topic, however, you seem like you know what you’re talking about! Thanks

  42. cialis says:

    Right now it looks like Drupal is the best blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?

  43. We Black SEO – How To SEO & Affiliate Marketing Forum

  44. Hello, you used to write wonderful, but the last few posts have been kinda boring¡K I miss your tremendous writings. Past few posts are just a little bit out of track! come on!

  45. Birdie Kehr says:

    The material and aggregation is excellent and telltale as comfortably.

  46. I believe that avoiding prepared foods will be the first
    step so that you can lose weight. They might taste good, but packaged foods have got very little vitamins
    and minerals, making you consume more simply to have enough strength to get over the
    day. If you’re constantly consuming these foods, transferring to cereals and other complex carbohydrates will let you have more vitality while feeding on less. Interesting blog post.

  47. Film szwecja says:

    Awsome item and decent to the point. I don’t identify rider this is rightly the best site to solicit except do you guys have some belief by where to hire approximately professional writers? Thank you

  48. Ilona Hepfer says:

    You hit comprehend out of the most construction topics.

  49. I have to thank you for the efforts you’ve put in writing this blog. I’m hoping to check out the same high-grade blog posts by you later on as well. In fact, your creative writing abilities has inspired me to get my own, personal website now ;)

  50. 469iZi I cannot thank you enough for the post.Really looking forward to read more. Will read on…

  51. ladny kubek says:

    Apple tyt888 today has Rhapsody as a possible app, which is a great start, but it truly is currently hampered with the inability to store locally with your iPod, and incorporates a dismal 64kbps touch rate. If that changes, then it’ll somewhat negate this kind of advantage for your Zune, but your 10 songs a month will still be a massive plus in Zune Pass’ prefer.

  52. this site says:

    I’m so happy to read this. This is the kind of manual that needs to be given and not the random misinformation that is at the other blogs. Appreciate your sharing this greatest doc.

  53. STAUBSAUGER says:

    Hello I found your internet site by mistake after i has been looking Yahoo and google for this problem, I have to state your internet site is actually helpful Also i really like the particular design, it’s wonderful! I don’t obtain that long to see all of your post right now however i possess bookmarked it as well as include your current RSS feeds. I am back a couple of days. Thank you for a great website. The length of time are you blogging and site-building pertaining to? You’re making blogging search effortless. The complete seem of the site is wonderful, let alone this article! http://czwlwz.chaozhou.gov.cn/JForum/user/profile/2322.page

  54. Awesome article.Thanks Again. Great.

  55. dieta dukana says:

    Great article.Really looking forward to read more. Really Cool.

  56. Instrumental says:

    A big thank you for your post.Thanks Again. Keep writing.

  57. Thank you ever so for you blog article.Really looking forward to read more. Keep writing.

  58. Gaston Brunn says:

    Hello very nice website!! Man .. Beautiful .. Superb .. I’ll bookmark your site and take the feeds additionally¡KI’m glad to find numerous helpful information here in the submit, we need work out more techniques on this regard, thank you for sharing. . . . . .

  59. Hey, thanks for the blog article.Really thank you! Really Great.

  60. A big thank you for your post.Really thank you! Keep writing.

  61. I really enjoy the article post.Much thanks again. Fantastic.

  62. I really enjoy the blog.Really thank you! Really Cool.

  63. whoah this weblog is wonderful i love reading your posts. Keep up the good work! You already know, lots of persons are looking around for this info, you can help them greatly.

  64. Very neat blog.Really looking forward to read more. Cool.