Sally Krawcheck Talks Wall Street Compensation….While Not Working on Wall Street?

Oct 10, 2012
J. Webster
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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.

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Why Trish Regan Left CNBC for Bloomberg

Oct 10, 2012
J. Webster
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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

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Wall Streeters Pay $95 an Hour for Abuse

Oct 9, 2012
J. Webster
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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."

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Green Dot Has a Hell of a Chart

Oct 8, 2012
J. Webster
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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

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New Apple iShiv Revolutionizes Factory Riots

Sep 26, 2012
J. Webster
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Is this joke too soon....? Conan talks about the riot at the Foxconn factory that makes the iPhone 5. Apparently the riot was over overtime pay. However, according to Conan, Apple has new tool for the rioting factory workers to use, the iShiv. "Assembly line workers just love the thinnest, lightest factory riot weapon yet."

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Piers Morgan Will Save Research in Motion

Sep 24, 2012
J. Webster
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CNN host Piers Morgan says he ain't quitting the CrackBerry just yet. And he certainly isn't waiting in line for in iPhone. If Research in Motion was smart, they'd rally the few celebrities who actually still use the BlackBerry and make sure they keep them happy. It's sort of like they've already given up and have not fight left in them.

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Questcor CEO Don Bailey Sells Shares Just in Time

Sep 19, 2012
J. Webster
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It pays to watch those insider trades closely over at Yahoo Finance, especially for those pharmaceuticals companies who can scream higher or astoundingly lower when a drug is approved or a drug is no longer accepted by a big insurance company. That's just what happened to Questcor, as the stock was slammed down over 40%, and eventually halted for a period of time, on news that its drug was no longer being paid for by insurance company Aetna. What's interesting though is on September 12th, about a week ago, CEO Don Bailey of Questcor sold $40,000 shares

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They’re Already Waiting in Line for iPhone 5

Sep 18, 2012
J. Webster
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Yeah, so Apple's iPhone 5 comes out on Friday. That's like three days from now. Well, at an Apple store in New York they're already camping out and waiting in line for the newest iPhone. Hey, if you've got the free time why not just sit in front of an Apple store and surf the internet on your iPad and wait. See that women squatting down to talk to the girl in the chair? Yeah, she's got a notepad and pen and she's asking the girl what in the hell are you doing. What would be even crazier if this

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The Merrill Lynch Bull Is Back?

Sep 18, 2012
J. Webster
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So I saw this powerful looking bull on TV today. And it looked so smart and strong that I just had to call up the bank associated with the bull. I think it was a bank. It was someplace called, "Merrill Lynch", it rings a bell. In fact, I thought they went out of business or were bought out by another bank or had a CEO who bought really expensive rugs. Something like that. Anyway, the bull was just so beautiful looking and so pretty that I had to call them and have them manage my retirement money - you

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Conviction Sell Call for GroupOn a Bit Late

Sep 17, 2012
J. Webster
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Yes, this conviction sell call comes with GroupOn down 80% from the IPO price. Just once I'd like to see an "analyst" put a stock on the conviction sell block when it actually opens on the stock market the first day. That would be impressive, this call, just seems a bit too late. GroupOn, on their IPO, opened up close to $26 a share. It now trades for less than $5.
Groupon's losses on Friday came after Evercore Partners analyst Ken Sena downgraded shares of the largest daily deal company and set a $3 price target on the stock. Groupon missed Wall

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