JPMorgan to buy Bear for $2 a share

Yahoo! News ^ | March 16, 2008 | JOE BEL BRUNO and MADLEN READ

[Wyatt's Torch]

At least he admits it, and will seek advice. W is worse and won't admit it.

McCain's top economic advisor is Donald Luskin who, in my opinion, is the top supply side economist in the world.

[Wyatt's Torch]

He also said he is reading Greenspan's book.

Let's hope he is reading so he can understand what NOT to do. Greenspan caused this mess.

[AndyJackson]

Hey Baghdad. We got new for you. Sadam is dead!

[AndyJackson]

what brand of airplane glue is your favorite?

What's yours?

[SeaHawkFan]

Given his stake in the company, no one can accuse him of insider trading based on that info.

[Toddsterpatriot]

Given his stake in the company, no one rational can accuse him of insider trading based on that info.

[varina davis]

From a family member who was employed at BS in the early ‘90s:

“I tell you, the guy (Coyne) was too old to handle the workings of one of the world’s largest investment banker. They needed new meat years ago. It was never a comfortable place to work. It was the worst back stabbing, nasty, sexual harrassing place I ever worked. And would never go back again.”

[Moonman62]

Here's a quote from his blog:

Rather, the moral hazard came from the Fed lowering its key borrowing rate to 1% in 2003 and keeping it there for too long. By making money available at a negative real interest rate, it encouraged mortgage providers to "lend money to people who don't have jobs," Luskin said... He sees the Fed as a clumsy tightrope walker that overcompensated by holding rates too high in the late '90s and then holding them too low early this decade after the Nasdaq crashed...

I couldn't agree more. He could also lead the charge to roll back Sarbanes Oxley from what I've read. I also like his "stalking" of Krugman. A negative is he comes from the Ron Paul campaign. I think I've also disagreed with some of his writings posted here on FR, IIRC.

[hedgetrimmer]

This is how incorporating in China works, just for your information:

John Chambers, the CEO of Cisco Systems during one of his last press conferences in Beijing, "We can have a healthy discussion about whether that's in 2010 or 2020, but China will become the world's largest economy and the IT center of the world. Therefore, what we're trying to do is outline an entire strategy of becoming a Chinese company".