Airtime: – Fri. Nov. 13 2009 – 5:05 PM ET
Discussing Obama’s plans for Asia, with Andrew Busch, BMO Capital Markets; Stephen Moore, Wall Street Journal editorial board; Zachary Karabell, Rivertwice Research
Great debate! Rickster and Steve goin at it. Larry tells Steve he is drinking the Fed koolaide, BWAAAHA!! I agree with Rick and Larry (not surprising since they both express concern for the ‘common man’ that’s the koolaide I drink, LOL!) Stay tuned to the very end for a GOLD forecast.
Discussing whether the Fed is headed in the right direction, with Frank Holmes, U.S. Global Investors; David Goldman, First Things Blog; CNBC’s Steve Liesman & Rick Santelli.
Airtime: Thurs. Oct. 22 2009 4:00 PM ET
Discussing the dollar’s decline, with Donald Luskin, Trend Macro; Michael Pento, Delta Global Advisors; Jerry Bowyer, syndicated columnist; Brian Domitrovic, Sam Houston State and Steve Odland, Office Depot chairman/CEO.
Update 09/30: Charlie Gasparino is reporting that Ken Lewis has been pushed out (the stmt says he stepped down but I call BS)!! This is HUGE! WOTS was he had TOTAL BACKING OF THE BOARD! Recall BofA is centred in Charlotte, NC far from the Wall St shenanigans but Lewis got sucked into the ‘eeeevil banker’ canard PLUS the added bonus of ‘hide the bonuses’ with Thain. I for one would never want Andy Cuomo on my trail if I had a blessed thing to hide!
(Reminder FD- MiM are shareholders in both BofA and were MER shareholders as well pre merger)
Bank of America’s CEO Ken Lewis, the embattled head of the nation’s biggest bank, told the board he plans to step down by the end of the year.
Lewis wasn’t asked to step down and the decision was not the result of any regulatory action, sources told CNBC. No successor has been named yet….
Original post after the break:
agree! and Jeff Immelt is a total tool and everyone knows it….
..That is, a bit of dialogue so genuinely awful that- were it not from a source I consider impeccable, and unimpeachable- I would not dare to credit at all. Unfortunately, I must do precisely this, and personally believe it to be totally, frightfully accurate. I take no pleasure in relaying it, instead hoping that someone more directly in the business of running such matters down and printing them will carefully document it and- if true- expose it, or- if not- discredit it quickly and finally. This (as yet unproven) yarn goes exactly like this:
Confronting the head of a non-TARP fund holding Chrysler debt and unwilling to release it for any sum less than that to which it was legally entitled without compelling cause, this country’s “Car Czar” berated the manager of said fund with an outburst of prose substantially resembling this:
Who the fuck do you think you’re dealing with? We’ll have the IRS audit your fund. Every one of your employees. Your investors. Then we will have the Securities and Exchange Commission rip through your books looking for anything and everything and nothing we find to destroy you with.
Faced with these sorts of threats, in this environment, with valued employees in the crosshairs and AIG a fresh, open wound upon the market, the fund folded….
Go read the whole thing, this has ginormous ramifications to our economy if someone does not take it to SCOTUS and fight it now….
Hit it Cher: Pirates, thugs and thieves….every night they come around, to steal the money we laid down……