Posts Tagged ‘aig’

  • Weekend Linky Dinks-Europe Weighs
    UpsideTrader, February 6th, 2010 at 8:37 am, Comments: 0

    “The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt.”
    -Cicero, 55 BC ( Courtesy -Hedgeye)

    Crazy day. Why did the market cave and then rally through the highs of [...]

  • Morning Morsel-Brown/Coakley and Citigroup In Focus
    UpsideTrader, January 19th, 2010 at 7:11 am, Comments: 0

    Interesting day for Massachusetts and the country, as politicos on both sides jockey for position. The outcome may or may not have an effect on the market, but the drama should be fun nonetheless.
    My favorite lolly pop kid, Timmy Geithner appears on the Hill next week to discuss the “don’t tell anyone about AIG” matter [...]

  • Weekend Linky Dinks-Healthy Pullback or a Shot Across the Bow?
    UpsideTrader, January 16th, 2010 at 9:30 am, Comments: 0

    People don’t care if we fail, they just don’t want us to fail if it hurts them”-Jamie Dimon
    It was a sloppy week for the market and an ongoing nightmare for the people in Haiti, aid pours in, but bodies pile up. The government is taxing the banks, even if they weren’t TARP babies and if [...]

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    The Week Ahead 11/9/09
    UpsideTrader, November 8th, 2009 at 9:40 pm, Comments: 0

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    AIG
    UpsideTrader, September 21st, 2009 at 6:14 pm, Comments: 0

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    The Week Ahead 8-24-09
    UpsideTrader, August 23rd, 2009 at 2:44 pm, Comments: 0

  • Sideways is Good
    UpsideTrader, March 24th, 2009 at 5:56 am, Comments: 0

    Futures are in breather mode this morning after yesterday’s big snap back rally. That’s good for the bulls as a huge gap up would be met with immediate profit taking.
    There is chatter now that Obama’s budget has to be reworked as some Democrats just will not sign off on it, that could bring some near [...]

  • More of the Same
    UpsideTrader, February 24th, 2009 at 9:05 am, Comments: 0

    AIG received bozillions from you and me, yet the chatter of an imminent bankruptcy made the rounds yesterday on a report that they have found a way to lose $60 billion. They now have hat in hand for “more” money. Let it die.
    JPM, the “bluest” of blue chip banks practically eliminated their dividend yesterday. You [...]

  • Staring Into the Abyss
    UpsideTrader, February 19th, 2009 at 5:24 pm, Comments: 0

    In case you missed it, the video above is Rick Santelli from CNBC voicing his opinion on TARP, the housing initiative and the stimulus package. Evidently the market mirrored his passion today as they pretty much sold everything they could. Energy showed some strength, but the toxic beast known as the financials, fell of a [...]

  • What We Know So Far
    UpsideTrader, September 14th, 2008 at 4:13 pm, Comments: 0

    Bank of America is in talks to by Merrill Lynch at $25-30 and could be announced as early as tonight according to the N.Y Times and the Wall ST. journal.
    Barclays and Bank of America have walked away from Lehman and liquidation/ chapter 7 is next. (this could change but I doubt it)
    Wamu is still in [...]

  • Joe Donohue

    Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »

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