Articles Written by:    GREG NEWTON     

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Weekend Madoffs

Another testiment of the "fools gold" wherein so many people with money may be good at what they do and have their multimillion dollar homes and private jets, but what they don't have is a sense of personal responsibility. It is my contention that ...

From GREG NEWTON, Seeking Alpha,  8 Feb 2009

News You Can't Use: Timmy G. Advocates Turbo Dollar

It would probably save a lot of trouble to just include this line in the Secretary of the Treasury’s oath. A strong dollar is in America’s national interest Assuming, of course, that America’s national interest includes making exports less competitive, ...

From GREG NEWTON, Seeking Alpha,  23 Jan 2009
Related Topics: Bed Bath & Beyond Inc.

Great Days in Customers' Yachts: M&T vs. Deutsche Bank Edition

It’s finally dawning on market players and investors that Wall Street’s interest and those of investors have never been aligned...Investors are beginning to say to themselves: ‘Hey, there is someone who will benefit if this doesn’t go well.’ While ...

From GREG NEWTON, Seeking Alpha,  23 Jan 2009
Related Topics: Deutsche Bank

They're Such Kidders* at Merrill

“Although we vigorously disputed the allegations in these cases, we concluded it was best to avoid the uncertainty, distraction and costs of the litigation, and to try to achieve certainty through these settlements,” Mark Herr, a spokesman for Merrill ...

From GREG NEWTON, ETF Investor,  21 Jan 2009
Related Topics: Merrill Lynch

I'm from S&P and I'm Here to Help

NEW YORK, Jan. 14 /PRNewswire/ — Standard & Poor’s, the leading provider of financial market intelligence, has announced the launch of Valuation Scenario Services for Structured Asset Portfolios, a new service to help investors evaluate the intrinsic ...

From GREG NEWTON, Seeking Alpha,  21 Jan 2009
Related Topics: Standard Poor's

Eddie Lampert's Waterfall

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. ...

From GREG NEWTON, ETF Investor,  19 Nov 2008
Related Topics: Wells Fargo,  Citigroup,  Google Inc.,  eBay Inc.,  Lockheed Martin

Damned Ugly In Pink. But...

Despite the widespread repetition of the canard in the allegedly grown-up meejuh, hedge funds have never promised to make money in all market conditions. In Sep., the S&P 500 was down 8.91 per cent; the main CS/Tremont index, and 11 of ...

From GREG NEWTON, Seeking Alpha,  16 Oct 2008
Related Topics: Dow Jones

You've Gotta Have Friends: How Bear Stearns Dodged Misvaluation Charges

Yet another bud should soon be nipped from the senior ranks of the US Securities and Exchange Commission, with David Nelson, head of its Miami office, joining the ranks of those nominated for disciplinary action by inspector general David Kotz.  The ...

From GREG NEWTON, ETF Investor,  14 Oct 2008
Related Topics: Bear Stearns Companies, Inc,  David Nelson

Not So High and Mighty Now, Huh?

Tug o’ the forelock, JB. Different JB.  Relevant factoid: H.M. The Queen will, when the British government assumes a controlling stake in the Royal Broke of Scotland (RBS), achieve primary dealer status at the Federal Reserve Bank of New York, ...

From GREG NEWTON, Seeking Alpha,  13 Oct 2008
Related Topics: Queen Elizabeth II,  The Economist,  Timothy F. Geithner

Gratuitous Market Violence Data

Correspondent David S. Products remarked, in his usual understated manner, that “the Dow traded tightly within a narrow range” to close the week. So just how historic was Fractious Friday™?  It was a 10.9 standard deviation event, based on the DJIA’s ...

From GREG NEWTON, Seeking Alpha,  12 Oct 2008
Related Topics: Yahoo!

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