john s. gordon
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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
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- Jim Cramer's Picks -SampleBetter Choices - Cramer's Lightning Round (10/15/08)by SA Editor Rachael GranbyStocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend. - Stocks & Sectors -SampleSeeking Alpha - Stocks & SectorsInternet
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Latest Comments580 Comments
The Credit Crisis Exposes a Dysfunctional Global Economic Model
infrastructure in u.s.a is a mess - has been falling apart since 1981 - thank you mr. reagan.
> jack
Alternative Energy Storage Is an Investment Tsunami
> jack
How Wall Street Has Failed the Individual Investor
> jack
Saab May Be GM's Best Hope for the Future
> jack
Book Review: The Decline and Fall of the British Empire, 1781-1997
> jack
Book Review: The Decline and Fall of the British Empire, 1781-1997
the country with the most modern & efficient industrial base will be top dog. will it be china?
rudyard kipling in 1898 foresaw the waning on england's dominance and wrote about it. did anyone listen?
france lost an empire in north america, then lost an empire in india, and later lost an empire in africa. now they are overrun by algerian economic refugees.
today the u.s.a is undermined by the economic illiteracy of the reagan & 'bush 43' administrations.
> jack
Saab May Be GM's Best Hope for the Future
> jack
eBay's Donahoe Has Crow for Thanksgiving
> jack
Service-Based Economy Is Progress? Show Me the Money
hitler had an unemployment problem in germany. he put able-bodied men to work building autobahnen.
deficit spending on infrastructure in july-august 2008 @ the height of the steel/cement speculative commodities bubble would have been unwise. 4 months later it seems very wise to put americans back to work any which way you can.
unions exist to correct management abuses. united parcel service has a union (teamsters) but they still have management abuses (when the shop steward doesn't do his job & lets them get away w/it).
> jack
Wind Power: What We Can Learn from Denmark
Service-Based Economy Is Progress? Show Me the Money
> jack
The Awfulness of U.S. Healthcare
> jack
Has Hank Paulson Been a Good Treasury Secretary?
> jack
The Difference Between Rubin and Paulson
> jack
First Compare Today to the Early 1980s
> jack