Monday, June 07, 2010

Boycott BP? Don't Bother - Newsweek

Boycott BP? Don't Bother - Newsweek

Market Recap: DJIA Drops 115 Points, Led by Bank of America

From SchaeffersResearch.com

Market Recap: DJIA Drops 115 Points, Led by Bank of America:

>>and today's Quote of the Day comes from Anthony Fry, senior managing director at Evercore Partners. In a visit to CNBC's studios today, Fry voiced his emphatically bearish view of the market. Simply put, says Fry: "'I don't want to scare anyone, but I am considering investing in barbed wire and guns.'"

Sunday, April 11, 2010

Bloggasm � How a law student used Twitter to pressure dozens of Glenn Beck’s advertisers into dropping their support

Bloggasm � How a law student used Twitter to pressure dozens of Glenn Beck’s advertisers into dropping their support

His methodology is relatively straight forward: Compile a list of Beck’s advertisers and approach them (usually on Twitter) one-by-one to point out the host’s more outlandish statements, and then encourage other Twitter users to do the same. Rather than going after all the brands at once, Carusone told me he’d usually pick one or two a day and focus entirely on them. “I don’t want to make it about politics, I just highlight the indecent remarks that he makes,” he said. “The sexism, the preying on racial anxieties, some of his more willful distortions, the ones that have dangerous consequences, and I ask if they’re comfortable associating their brand with that. And by and large, many of the advertisers say no, and they modify their advertising agreements accordingly.” Because he typically warns the companies privately before he begins the campaign, sometimes they say they’ll pull their advertising before he even publicly targets them.

Thursday, March 25, 2010

The Perfect Plan To Save The Housing Market: Eliminate All Mortgage Payments – 24/7 Wall St.

The Perfect Plan To Save The Housing Market: Eliminate All Mortgage Payments – 24/7 Wall St.:

"The Post reports that lending institutions would be paid well for handling loan modifications. The amount would almost double what the government pays financial firms for the service now. The FHA would be asked to help underwater borrowers as well according to the Post. The balance of the details about how the program will work are not available, or, more probably, have not been worked out. The one thing that is clear about the White House plan is that it will be funded from the TARP facility, the same $700 billion program that saved the financial industry as the credit crisis grew.

The fight over the program will be bitter, but not nearly as bitter as the fight over who will have access to reduced mortgage payments, especially if the monthly obligation can go to zero."