Jim Cramer's 'Stop Trading!': Bank Woes
The Street (Free subscription) | 07/24/2008
Banks are the reason we're off today, says Cramer. Watch Citi and XTO for clues.
The Street (Free subscription) | 07/24/2008
Banks are the reason we're off today, says Cramer. Watch Citi and XTO for clues.
The Street (Free subscription) | 07/23/2008
Investors should think long-term with this retailer, said Cramer.
This is Money Blog (Free subscription) | 07/23/2008
Is George Soros selling the UK short? Well-placed City sources say the financier-cum-philanthropist is convinced the FTSE and perhaps the Dow Jones are heading for a dramatic tumble and has been placing bets accordingly. In the last few weeks, as...
DealBook (Free subscription) | 07/22/2008
James Cramer, the hedge fund manager turned “Mad Money” host, has proposed a solution to the raging controversy over short-selling. Unfortunately, it mostly involves the troubled financial sector getting its act together — and thus making itself immune to the “carpet bombs” that he says hedge funds have been raining down on vulnerable firms like [...]
Stock Market Beat (Free subscription) | 07/17/2008
CNBC Stock Blog: On Tuesday, Jim Rogers specifically said he has been short: Rogers noted that he’s “been
News Dissector Blog (Free subscription) | 07/17/2008
BULLETIN: THE FBI HAS OPENED A CRIMINAL INVESTIGATION INTO THE FAILURE OF INDY MAC WATCH: Investor Jim Rogers says let Fannie and Freddie Fail: WILLIAM GREIDER IN THE NATION When the monied interests whined, they made themselves heard by dumping the stocks of these two quasi-public private corporations, threatening to collapse the two financial firms like the investor [...]
The Big Picture (Free subscription) | 07/16/2008
"I don't know where these guys get the audacity to take our money, taxpayer money, and buy stock in Fannie Mae,'' Rogers, 65, said in an interview from Singapore. ``So we're going to bail out everybody else in the world. And it ruins the Federal Reserve's balance sheet and it makes the dollar more vulnerable and it increases inflation.'' The chairman of Rogers Holdings, who in April 2006 correctly...
Digital Breakfast (Free subscription) | 07/15/2008
You have to love Jim Rogers and the interviews he gives Bloomberg. He’s a wise man that comes across as a cranky at times but we should listen carefully to what he has to say. “I don’t know where these guys get the audacity to take our money, taxpayer money, and buy stock in Fannie [...]
The Telegraph (Free subscription) | 07/15/2008
Renowned currency trader Jim Rogers has blasted the US government's planned bail-out of Fannie Mae and Freddie Mac as an "unmitigated disaster".
Seeking Alpha (Free subscription) | 07/14/2008
Chad Brand submits: Things have not been great lately for Warren Buffett and Berkshire Hathaway (BRK.A) shareholders. BRK stock has dropped more than 20% since December and large Buffett holdings in the financial services area such as American Express (AXP) , Wells Fargo (WFC) , Moody's (MCO) , and U.S. Bancorp (USB) are hurting his equity portfolio. Buffett has also taken some heat for publicly bashing...
The Irish Times (Free subscription) | 07/12/2008
THE LEGENDARY American investment guru Sir John Templeton, who has died aged 95, was as renowned in his heyday as Warren Buffett is today, for his success in reading the world's stock markets.
atHome Top Story (Free subscription) | 07/12/2008
Times like these test the resolve of investors, with worries over rising inflation and loan defaults, stalled economic growth and slumping stock markets.
DealBreaker (Free subscription) | 07/11/2008
Jim Cramer just said on CNBC's "Stop Trading" that President George Bush has changed his views on Fannie Mae and Freddie Mac. Cramer said that neither company needs capital, and that the stocks of both companies should be "done" going down. "He took the New York Times position off the table," Cramer said. Cramer pointed out that Bush's remarks yesterday called for "legislation" on Fannie and Freddie,...
Stefan Karlsson's blog (Free subscription) | 07/10/2008
Led by Alcoa, U.S. stock indexes, recovered somewhat today. Two stocks that didn't recover where those of the quasi-governmental mortgage agencies Freddie Mac and Fannie Mae , who are down 88% and 80% respectively from their 52 week highs. The probability that these half-state/half-private hybrids will go bankrupt seems to be increasing. Of course, the government will never allow them to completely...
The Truth About Cars (Free subscription) | 07/10/2008
You'd think we were back in second grade, what with all this "not" stuff. New York Times Op Editorialist Roger Lowenstein joins celebrity stock picker (and former GM booster) Jim Cramer and Merrill Lynch analyst John Murphy in accepting GM's not impossible nightmare. In his attempt to discover "WHO shot GM?" Lowenstein passes rising gas prices, a lack of hyrbids and bad design and goes straight to...