Bloomberg’s Matt Miller in an Amazing Plaid Ensemble

Jan 13, 2013
J. Webster
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Bloomberg's Matt Miller interviewing Wolfgang Puck in an amazing plaid jacket and scarf combo. It's almost like he's wearing a new kind of camouflage that's all plaid - in case you needed to blend in with the carpet at a Las Vegas casino. It's a jacket and scarf combo worthy of Kramer. Hard to tell from the angle of the shot, but it does look like Miller has shaved off his mustache. Hat tip to Bloomberg TV producer Alyssa Zahler for the

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Maurice “Hank” Greenberg Did NOT Approve of This AIG Commercial

Jan 9, 2013
J. Webster
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Hank the no thanks for the bailout Greenberg doesn't seem to agree with this AIG ad since he's decided he wants to sue the government for the AIG saving bailout. Greenberg is demanding $25 billion in damages to make him and his fellow AIG shareholders "whole". How much did the U.S. government loan AIG, $192 billion. Maybe Greenberg will sue AIG for running this ad thanking the government for the money. I guess Greenberg would have rather gone the Lehman Brothers and just disappeared.

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Breaking Bad’s Ted Beneke Stars in Charles Schwab Commercial

Dec 28, 2012
J. Webster
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Remember Ted Beneke from Breaking Bad? You know, the guy who committed tax fraud and Skyler slept with to get back at Walt. Well, he's now featured in a Charles Schwab commercial where he talks about Charles Schwab's wonderful trading platform. He seems like he's really gotten the hang of this stock trading business since his days on Breaking Bad. Watch Ted Beneke slip on a rug and fall head first into a piece of furniture. Is this the guy you want representing your company?

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Should Have Held On To Bank of America At $5

Dec 28, 2012
J. Webster
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I'm guessing this is the case for a lot of traders: They have that one trade that they wish they wouldn't have traded and instead held as more of a long term investment. Long term meaning, just under a year. So yeah, that's not too long. In December of 2011 Bank of America was trading for around $5 a share. This was when there were worries the big bank might come close to failing once again due to all of its mortgage problems, both lawsuits and continued foreclosure issues. And around this time Warren Buffett stepped in with

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Links! The Best From the Financial Blog World

Dec 17, 2012
J. Webster
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I always say “Buy em’ when they're cryin’: The Bull Case for Apple [Upside Trader] Finally starting to ignore the failed ratings agencies after all these years? Ratings Agencies Ongoing Obsolescence [The Big Picture] One-year forecasts of the market are practically meaningless! If You Only Learn One Thing Today, Let It Be This [The Reformed Broker] Product cannibalization: The iPad mini may cannibalize the higher-margin iPad -- or just be a neutral at best. The Bear Case for Apple [The Street] Angelo Mozilo (Yeah, that tan guy) has no regrets about how Countrywide was run. Says

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Piggy Bank Flash Mob on Wall Street

Dec 12, 2012
J. Webster
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100 Piggy Banks descended on a Wall Street brokerage firm to protest hidden fees. Is that Lloyd Blankfein in the video? Too bad it wasn't a real Wall Street banker who ran into the flash mob - I'm guessing he'd be pretty scared if he came around the corner of the parking garage and saw this mob of people dressed as piggy banks.

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Health Management Associates Gets the 60 Minutes Treatment

Dec 3, 2012
J. Webster
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Are you wondering why the stock of Health Management Associates (HMA) is down today? Well, they got the 60 Minutes treatment. Steve Kroft investigates allegations from doctors that the hospital chain they worked for pressured them to admit patients regardless of their medical needs. The gist of it is they have software they monitors whether or not doctors are giving patients all the procedures possible to maximize their revenue. Plus, if you come into one of their hospitals and happen to be over 65, they will admit you immediately in order to take all your medicare money - essentially that seems

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JPMorgan Chase & Co Thanksgiving Commercial

Nov 26, 2012
J. Webster
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People were either reduced to tears by the JP Morgan commercial over Thanksgiving or wanted to throw up. But overall, a too big to fail bailed out bank putting out an ad over the holiday just doesn't sit too kindly with most who know their history. Didn't they just lose close to $9 billion on a trade that went bad? That's a lot of turkey or pie or stuffing or whichever Thanksgiving themed dish you prefer. The question is though: How much did the ad cost JP Morgan to make and run?

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Betting on the Visionaries

Nov 8, 2012
J. Webster
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If you want to make piles of money in the stock market, then, in most cases, you'll have to buy stocks in companies very early on and many times when companies are very beaten up. But how do you go about choosing those companies to buy when many times they’ve been almost written off? Take Apple for example, the big bet to buy the stock took place when Steve Jobs regained control of the company he created. That was the time to make piles of money by buying shares of Apple - before the iPod, iPhone, and iPad. But who would

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Unique Online Stock Broker Tools

Oct 29, 2012
J. Webster
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There are a wide range of online brokers to choose from, so it's tough to decide which broker to go with. What research tools do they offer? Should I go the broker that offers the cheapest price per trade? Should I go with the broker that gives you the most money to buy stocks on margin? Should I go with the broker with the best interface and user experience? But what about those unique factors that set online brokers apart, some you might be unaware of that make them special....what about brokers that offer you those extra incentives and

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