by Jason Apollo Voss | 13 11 2009 | Blog
Happy Friday everyone! You may have seen that the financial markets snapped a 6 day winning streak. The cause, of course, was that massive bellwether or consumer spending, Wal-Mart (ticker: WMT). While WMT does not normally provide quarterly earnings guidance...
by Jason Apollo Voss | 12 11 2009 | Blog
Earlier this week I posted an update as to how the Iranigans show down is progressing. Specifically, it looks as if Russia may be ready to sell out Iran. However, Israel still is the wild card in the Iran-nuclear drama. If Israel choose to unilaterally take out...
by Jason Apollo Voss | 11 11 2009 | Best of the Blog, Blog
As I predicted whining has begun about reduced pay packages at financial firms bailed out by the U.S. taxpayer. Specifically, AIG’s CEO Robert Benmosche is threatening to step down at a critical juncture in AIG’s restructuring. Primarily he is upset by...
by Jason Apollo Voss | 10 11 2009 | Blog
Congressional Democrats have put forth proposals that would re-institute restrictions originally enacted during the Great Depression, namely the Glass-Steagall act. The GS act forbade commercial banks and investment banks from merging. Why? To prevent the very crap...
by Jason Apollo Voss | 10 11 2009 | Blog
After spending almost all of 2009 badgering each other over the Iran issue, Russia and the United States seem to be easing tensions between themselves. Yesterday was quite an interesting day in the Iran nuclear issue. Let’s review what happened… Iran...
