Open Thread: Market Rally

The Dow is at 10,600, the SPX is at 1150. The Russell 2000 has regained 2/3rds of its price drop.

Inquiring minds want to know: The start of something real, or a mere chep money, government induced binge?

Is the move ending…

Write-Offs: 03.08.10

$$$ Life After Porn: The Retirement Challenge [CNBC]

$$$ Tim Geithner: ““Why do policymakers screw up financial crises?” he said before I left his office. “They screw up financial crises because the politics are horrible, and that deters action. They are slow and late…

Today in Commodities: March Madness

Matthew Bradbard submits:

The phrase ‘March Madness’ is coined for the college basketball tournament, but I think it is an accurate description of what to expect as a trader this month.

At its highs today, oil was less than $3/barrel from making new…

Rave Reviews Coming Out Of A Secret Screening Of Wall Street 2

wall street 2

Apparently there was a secret screening of Wall Street 2 last night.

The (second hand) reviews coming out of it are really positive:

“It’s an entertaining movie with Shia a better match for Douglas than Sheen, who was a stiff. It’s a sardonic,…

Write-Offs: 02.11.10

$$$ Ex-Goldman Programmer Indicted Over Software Theft [BW]

$$$ Ken Lewis’s drinking buddy retires. [Charlotte Observer]

$$$ Lenny Dykstra might’ve scammed his son out of a little money. Which means he might be even more desperate than we thought, and is all the more reason for…

Bookonomics (or, why writers barely make min. wage)

One of the questions I get all the time is about the economics of the book: How much did it sell, what was your advance, what did it cost to produce. I was thinking about this as I prepare for…

Eagles Update

For those who missed it yesterday, Palace defeated the Wolves at Selhurst Park last night, 3-1 (only a goal in the 90th minute breaking the shutout) behind a hat trick from defenseman-moved-forward Danny Butterfield, who played a similar role in…

Fresh Carrots at The Children’s Place…

It may be winter in much of the United States, but recently one executive at The Children’s Place (PLCE) received a bumper crop of reasons to stay with the company for another 14 months.

The “carrots” in question come in the form…

AIG Is Paying Out $100 Million In Taxpayer-Funded Bonuses To Financial Products Division Employees Tomorrow

AIG paperweight eBay

Cut the outrage.

Washington Post:

American International Group plans Wednesday to pay another round of employee bonuses worth about $100 million, said several people familiar with the matter, a year after similar payments at the bailed-out insurance giant infuriated many Americans and…

Write-Offs: 01.29.10

$$$ UBS Currency Man Drops Bonus to Run Luxury Ski-Maker [Bloomberg]

$$$ Matt Goldstein: AIG filing casts doubt on “limited exposure” claim [Reuters]

$$$ Brian Moynihan Is Super Humanly Immune To Cold [BI]

$$$ Wall Street 3: Money Never Sleeps [TRB]

$$$ The Gorilla Juicehead Economy [NYM]

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