Articles

I couldn't believe that Mozilo and Dodd were pushing so hard for a large rate cut. Going in to the Fed's decision, it seemed certain to me that Bernanke would stick to his principles and continue to fight an elevated risk of inflation caused by higher energy costs. He didn't stick to his principles and now I think that we are going to pay a heavy price.

Citibank just raised the rate on their Citibank Ultimate Money Market Account to 5% APY. Business customers can also get the high rate.

NetBank's stock is now worth $.08 as the company has lost big money on its loan portfolio. Everbank was supposed to buy them but the deal is off - lucky for Everbank.

Qualcomm's guided higher in a market with a powerful tape, yet the stock fell. This proves the stock is going nowhere.

Google, Apple, Amazon and RIMM are leading the market higher. Here is why it is going to continue.

More bad news on the real estate front? Maybe.

Google is dominant today but not as dominant as it might be in 10 years judging by a bunch of first graders.

The UAW went on strike today to try and get job security. How can they demand job security when American car companies are being gutted? They should be pressuring management to build better cars since that is the only thing that will help them in the end.

Lee Bollinger is making a huge mistake and should be dismissed as President of Columbia by the University's trustees immediately.

Lee Bollinger, Columbia University's President, is completely out of line, and should be fired by the University's Board immediately.

I just can't get enthusiastic about the Fed's move and this rise in bank stocks.