Archive for September, 2007

I AM AT A LOSS FOR WORDS…

September 27, 2007

Another Watchdog “See I Told You So Moment”.
From the Wall Street Journal…  Morgan Stanley Settles Email Charges
By KEVIN KINGSBURY
September 27, 2007 1:43 p.m.
Morgan Stanley will pay $12.5 million to settle a regulator’s charges that Morgan Stanley Dean Witter repeatedly failed to provide emails and erroneously claimed the emails were lost during the Sept. 11, 2001, [...]

Columbia starts it’s advertising engine

September 27, 2007

Just found out that Columbia Management Group, a family of funds now owned by Bank of America is spending $6 million to market itself to financial advisors and brokers.  This based upon a one year track record that is average at best.
Read my 2004 expose on the Columbia and one of its funds here. 

Luskin on CNBC

September 27, 2007

Donald Luskin is my favorite economist, he coined the brilliant phrase “The Conspiracy to Keep People Poor and Stupid” which I use often (with full credit, of course) on the radio show. His website www.poorandstupid.com is equally brilliant.
You have to listen to his comments on Larry Kudlow’s show regarding investment bank’s clietele and inflation.
WATCH HERE

Ahmadinejad and the Chewbacca Defense.

September 24, 2007

Ahmadinejad’s speech at Columbia University today was about as intelligible as a Fellini film.  
The Iranian people must be appalled. 
His nonsensical rhetoric reminded me of the Chewbacca defense.   
I give a lot of credit to Chancellor Bollinger’s opening remarks they were unexpected and right on target.

Gremlins in the server.

September 22, 2007

My sincerest apologizes to everyone who tried to sign up for any of our items including the newsletter this morning.  There was a “GREMLIN” in the system which caused the error message.  Everything is working correctly at this time.  So we invite everyone who was subjected to the unfortunate error message to resubmit their information.
Christopher [...]

TIME TO PLAY…Guess that religion!!!

September 21, 2007

Must read story right here.
Make sure to check out the brilliant insight in the last sentence.

White Collar Crime, the Scam that Keeps on Giving

September 19, 2007

Great story in Investment News regarding how white collar criminals go from one scam to the next. 
READ MORE

Fed Meeting Today

September 18, 2007

I wonder if they will be serving tea and crumpets?  Actually… what is a crumpet?  I digress.
 I think CNBC will soon be parading the Fonz, Beaver Cleaver, and Steve Austin “The Six Million Dollar Man” on the show to get their opinion on what the Fed will do.  I will be at the gym.
Bottom line: [...]

Daddy’s Little Scam

September 17, 2007

When I first heard about MTV’s show “My Sweet Sixteen” I couldn’t believe it, I needed to see it first hand.  After viewing it I concluded that the program might be a biblical sign of Armageddon. 
Anyway… One of the Daddy’s on the show turned out to be con-artist.  I was shocked.
 Read More

NO FREE LUNCH

September 13, 2007

The Securities and Exchange Commission has released it’s “Free Lunch/Free Dinner Seminar” report.  It reveals everything that we have warning investors about for years.
READ IT HERE