At about the 2:20 mark in the video below, Pimco's Neel Kashkari
talks about how he likes the stock Logitech on CNBC. Kashkari says as consumers move away from PCs, they'll need many of the "peripherals" that Logitech sells.
However, the stock is getting smashed, down over 18% as the world's biggest computer mice maker lowered their revenue forecast. Yes, you read that right, Logitech makes computer mice which people are using less and less as they move to tablet computers like the iPad. But Logitech is trying to keep up with the new tablets and Apple like iPads, introducing
Tagged cnbc, logitech, Neel Kashkari, pimco
I miss Erin Burnett. Yeah, she's on CNN, but I liked her when she was on CNBC. You know, talking to Cramer
during the middle of the day about some crazy move in a stock, she of course very calm with a smile on her face, while Cramer did his jumping out his skin thing. They were a good team.
Erin Burnett talks about how she watched the debate on a cross-country Jet Blue flight to LA.
Mitt Romney likes a late night bowl of Cocoa Puffs.
Tagged conan, Erin Burnett, miss her on cnbc
There's no mention of Marvell in Green Light Capital's 3rd quarter letter
. It's a bit of a mystery. David Einhorn owned 18,372,247 shares of the stock at one time. But the stock has been taken to the wood shed, nearly chopped in half after they cut their guidance the past few quarters, really. The stock trades for $7.60 a share as of this writing. A little over a year ago the stock traded for around $20 a share, then it went to $15 and now it's down to almost $7 a share. Here are some details for the
Tagged david einhorn, green light capital, marvell, mystery
When asked about Greg Smith's book, Goldman Sachs CEO Lloyd Blankfein said this: "Nobody can flagellate themselves as well as Goldman Sachs can
." This great quote comes at around the 12 minute mark in the video below.
Is Blankfein going to read Greg Smith's book? No, he said critics who've read the book said to "save that hour and a half for something better". And who knew Blankfein was a speed reader, as the book comes in a 288 pages....that's a pretty fast read.
Tagged flagellate, Goldman Sachs, lloyd blankfein, speed reader, whip themselves
CNBC's Gary Kaminsky wouldn't have taken all of Joe Biden's laughing and smugness. No, if Kaminksy was in Paul Ryan position, debating with never stop laughing Biden, he wouldn't have put up with it, he would have punched him in the face
. Kaminsky also goes into how Biden actually sought out money from Wall Street when he was a senator and now acts like Wall Street is the enemy.
Tagged debate, gary kaminsky, joe biden, punch him
Clip from the interview with the very "friendly" economist Glenn Hubbard
(Dean of Columbia Business School and former economic adviser under President George W. Bush) in Charles Ferguson's documentary Inside Job. Hubbard gives the classic line, "Give it your best shot!" Now of course he's the man who created presidential hopeful Mitt Romney's economic plan
Tagged give it your best shot, glenn hubbard, inside job
Sally Krawcheck appeared on Bloomberg Television's "Market Makers" with Stephanie Ruhle and Erik Schatzker to talk Wall Street compensation
, but wouldn't go into internal discussions of Wall Street compensation when she work on Wall Street for Citi Bank and then Bank of America - that would be inappropriate.
Tagged bloomberg, Erik Schatzker, Sally Krawcheck, Stephanie Ruhle, wall street compensation
Here's the reason why Trish Regan left CNBC for Bloomberg: Humpback whales.
While Regan was work over at CNBC, she did in-depth stories on pot plants
, over at Bloomberg, she gets to swim with humpback whales with Richard Branson.
Sure, of course this is no where near the entire story of why Regan left CNBC, but you've got to say going out on Branson's yacht ain't a bad way to work as a business reporter and beats getting a contact high when you're touring a indoor marijuana operation in California.
And no, sorry, there are no shots of Trish Regan
Tagged bloomberg, richard branson, trish regan, whales
Former amateur boxer, as in Golden Gloves champion of New York, Eric Kelly, spends his weekday evenings training men in finance (a lot of Wall Street traders and investment bankers) -- and beating them up, both physically and verbally. How much does he charge for the boxing lessons and the verbal abuse? Try $95 an hour. Here's a couple sample zingers:
"I bet someone gave you a wedgie on your way here."
"You can't do push ups and you're 26? I feel sorry for your father."
Tagged boxing, verbal abuse, wall street
Green Dot is getting slammed today, down nearly 20% at one point, when American Express and Wal-mart announced they're joining forces to offer their own version of pre-paid credit cards
. However, today's not just a one off surprise slam of Green Dot's stock. If you look at the chart of Green Dot for the past few years, it's been nothing but negative and in a terrible downward slope - to the point where you start to wonder if it's ever going to go up again.
But if you can get over the awful looking chart for Green Dot, and believe
Tagged american express, crushed, green dot, slammed, wal-mart