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Category Archives: Business
OMG, would you shut up Leon Cooperman?
Leon Cooperman may be a brilliant investor, but his hearing needs some work. So does his anger management. “I don’t need anybody crapping all over what I do for a living,” Leon Cooperman, the billionaire founder of the Omega Advisors … Continue reading
Posted in Business, Calling Bullshit, Democratic fun..., Economy, Media Madness
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Tesla, this is why you suck…
Dear Elon… nice work on the model S. I’ve ridden in two and I have to say it’s an outstanding car. I wish I could say the same about your lobbying efforts in Texas, but it’s just not possible. You’ve … Continue reading
Posted in Business, Technology, The Lege, Transportation
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Why is Eddie Lampert hellbent on destroying Sears?
For those of you who don’t know, Eddie Lampert is an investor who took over Sears Holdings in the mid 2000s. Since that point, the asset has continued to decline. He provides an excellent example of the reality that MOST … Continue reading
Posted in Business
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And this would be where I say ‘DUH’
Goldman Sach’s Tourre, who was recently found liable for misleading investors in a synthetic CDO he created to allow participants in the credit markets to ‘bet’ on whether not a basket of securities in a market would collapse. Note, the … Continue reading
Posted in Business, Economy
Tagged Bucketshop, CDO, Goldman Sachs, Tourre, Wall Street
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Accurate Credit Ratings
Sen. Franken is asking the SEC to set up a body to govern Credit Ratings Agencies and assign rating work to them on a rotating basis. Now, if any part of that makes sense to you, you probably already know … Continue reading
Posted in Business
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Stop. We don’t need a stupid board.
Last month, Council took the unprecedented step of voting for a new, independent board to oversee Austin Energy. This is what it feels like to take a step toward privatizing Austin Energy. What’s bugging me about all this is that, … Continue reading
Is the Washington Post Ed Board stupid or corrupt?
Reading this endorsement of the KeystoneXL pipeline makes you wonder what exactly the WaPo Ed Board is thinking. Frankly, it’s got to be either stupidity or outright corruption. Only those two could account for the glaring omissions in the piece. … Continue reading
Posted in Business, Energy, Media Madness, Texas
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What I really hate about George W. Bush
I can’t STAND people who lack accountability. People who, despite all the evidence, can still blithely point at irrelevant factors in a problem and make excuses for their own failure. After more than three years in private life, outside the … Continue reading
Posted in Business, Stupid Republican Tricks
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There’s a fine line between lookin’ and cheatin’
Infidelity in most relationships can be defined in a range from the average lustful glance all the way to someone’s hands being on some else’s body. However, in most relationships, it can mean actual sexual intercourse. Then you have to … Continue reading
Posted in Business, Meet the new bullshit, same as the old bullshit
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Might Apple be a good short?
From Doug Kass, via The Big Picture, comes this chart comparing the performance of Google stock vs Apple. And, for those of you who care, I was one of the original late 90’s Apple bulls. Share on Facebook
Posted in Business
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