CNBC’s Gary Kaminsky Offered Executive Position at Morgan Stanley (MS)
FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that Morgan Stanley (MS) is in advanced talks with CNBC Capital Markets Editor Gary Kaminsky... offer...
Author : Wall Street Pit
Why Not Worry About the Deficit Right Now?
Because if I did my math right, Federal... interest payments are at a long-term low relative to GDP. [Update, after looking more closely, I see...
Are the Airline Stocks Due for a Rough Landing?
One the of the best performing stocks sectors recently has been the airline sector. This industry group has been surging higher with most other leading...
Paulson Exploring a Move to Puerto Rico
John Paulson, a lifelong New Yorker, is exploring a move to Puerto Rico, where a new law would eliminate...xes on gains from the $9.5 billion...
The Federal Deficit is a Symptom, Not a Disease
Member of Congress are infamous for attacking symptoms of a problem instead of going straight to the heart of the disease, and the current “discussion”...
Digestion Is Healthy Following Major Dow, S&P Moves
The weekend was pretty quiet as most newspapers had lots of headlines written about the recent rally. It seems like the tone is still skeptical. No one’s...
Sell Google (GOOG) or Buy Apple (AAPL)?
In a brief report published Sunday, Oracle Investment Research’s Laurence Isaac Balter warns that Google (GOOG)’s stock, which set an all-time high of $844 a...
Does the U.S. Risk a Fiscal Tipping Point?
In my previous post I reviewed the recent experience of a number of countries whose sovereign debt levels became sufficiently high that creditors began to...
Stress Test Fraud Marries Endless QE
The bank stress tests in the U.S. and Europe are total baloney. I’ve said it before and I’ll say it again for the benefit of...
Best Facebook (FB) Smartphone Rumor So Far
Rumors of a another Facebook (FB) phone are again making the rounds. According to UnwiredView, Taiwanese cellphone maker HTC is set to launch another Facebook-powered...