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Nice animations but a waste of 11 minutes for anyone who has read even a few WSJ articles over the course of thie past 18 months.

Wow, this is fantastic news! I must have had it on Bloomberg when that piece was running. After the embarassing Jon Stewart expose a few months back, the CNBC reporters have really stepped up their critical thinking, analysis and investigative rigor....don't you agree? So, it must be true...

The short answer is, we hope we will get it back and have attempted to incentivize Fiat to try to pull off a miracle... Assets of Chrysler will be dumped into a new company. Fiat will initially get 20% of the newco equity in exchange for entering into contracts with Chrysler. The...

Ditto.

Thanks for the link. Agree with her on having some good transparency with the tests, otherwise their value is questionable. Second, the "reporter" should have asked her if she has read/listened to available public disclosure regarding GS/AIG. And if so, what is her response. For example...

Not that it makes a difference, but anyone who has held a job before knows that secretaries don't schedule things for you before and after business hours. That's when you get caught up on your work...nothing gets done at meetings.

On the floor? I see dinosaurs.

It's easy to understand the issue he has with as-reported vs. operating earnings...and the vastly different implied price/earnings ratios that result, depending on which earnings number you use. So, yes, there is a big difference in 2009E between operating vs. as-reported, but what does he...

Congrats. How many months of living expenses is $100k for you? I assume you have rent, car, eat and need health insurance.

That AP story doesn't really capture the totality of the hearing today. The author's take-away has a negative bias, whereas most perceived what Geithner said as being positive. For example, it's strange that the article didn't mention Geithner's view that the "vast majority" of the banks have...

Interesting. Quite a wide variety of "success" levels on that list. Can i be added? @TheDudeAbides: The Dude is self-employed and enjoys drinking White Russians and bowling I don't understand twittering and don't have an account, actually. Feels like a fad. Makes sense for celebs that...

That interview is a few months old.

What is the source for these numbers?

Recently negotiated a net 10% decrease in our rent. I suspect you could get 15-20% decrease in many buildings if you pushed hard enough. Tough times out there right now; more people moving out of most places than moving in...

A long overdue add to my ignore list. Step away from your paper trading account and talk to some business owners over the long weekend.

That's kinda the point. How many more positive days will that get you? Again, I don't know what happens over the next several weeks/months. My angle here is that it's too early to be critical of those that believe the fundamentals do not support this rally.

Kinda early to make the call, though. Let's see what happens over the next several weeks. As I said earlier, look at the graph for Sep 2002-March 2003. The S&P (daily close) went 777->938->801 before moving up. The pullback at that time was due to lack of progress/complications related to...

Think the bottom may be in but I am leaning short now. This up move feels like it is running out of the "not so bad" news that has been fueling it. It's interesting that the rally off lows in October 2002 gave roughly 90% of those gains back in the 4-5 months that followed before taking off...

Things are indeed quiet at the traditional money burning venues in NYC. Makes sense, as nobody has any idea if they can count on getting paid for their work at the end of this year. Better save a few $, just in case. Part of what you witnessed is specific to the Meatpacking District though.

The biggest mistake people make is not formulating their own opinion. Personally, I love to see calls of all varieties...read the rationale, and make up my own mind on the topic. They're all ideas - take 'em or leave 'em. Magically, the memory for bad calls is long.... ...while more than a...