Occupy Occupy Wall Street

Oct 13, 2011
J. Webster
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It looks like the local news channel just got punked! I'm pretty sure these two "bankers" are having a laugh and just trying to get some attention. It's too absurd not to be a joke. You have to give these guys credit for having the guts to do this...things could have gotten a little bit testy at the protest. Good thing the cops had a separate and gated area for them. And they're creating jobs, offering to pay the protesters to create better signs for them. AHHHH...this is pretty funny. "Capitalism is alive and well as evidenced

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Occupy Wall Street Sign: Average Household Income

Oct 13, 2011
J. Webster
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I don't think anyone in their right mind can argue with this. The disparity between the rich and the poor in the United States is absurd. Hat tip to The Business Insider for the

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Charlie Rose: Analysis of the Occupy Wall Street Protests

Oct 13, 2011
J. Webster
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Nice run down and analysis of the Occupy Wall Street Protests with Paul Krugman of 'The New York Times,' Jared Bernstein of CNBC, protester Bill Buster & Marshall Ganz of the Kennedy School at Harvard University on Charlie Rose last night.

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Rolling Stone’s Matt Taibbi Discussing Occupy Wall Street

Oct 12, 2011
J. Webster
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Matt Taibbi discussing Occupy Wall Street early on with Keith Olbermann on Current TV. Taibbi of course is perhaps most famous for calling Goldman Sachs a vampire squid.

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Nonsense: Greece Wants to Buy Nouriel Roubini’s Firm, Offers Crete in Exchange

Oct 12, 2011
J. Webster
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Why in the hell would Greece do that? Easy, they're tired of Roubini saying their country is falling apart and they won't be able to pay their debts. Other countries like Spain, Portugal and Ireland might chip in as well, to buy his firm. They too of course are tired of his glass half empty type projections and predictions. Moreover, the straw that broke the camel's back for Greece was when Roubini called their recent bailing out of creditors a giant Ponzi scheme. He also said they should leave the European Union and the Euro, an idea

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Rumor: Google is Going to Buy Akamai

Oct 12, 2011
J. Webster
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Akamai's stock is up 10% after hours as The Business Insider said Google plans to buy the web traffic controlling company. Akamai, which 'provides services for accelerating and improving the delivery of content and applications over the Internet', would be a good fit for a company like Google. Right now, Akamai has a market capitalization of $4.3 billion, as the stock is well off it's highs of $40 per share just six months ago, when it had a market cap of over $8 billion. With the stock depressed, seems like now is the time to buy the company. Plus, Google

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The Most Popular Hand Signal at Occupy Wall Street

Oct 12, 2011
J. Webster
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Sure, at Occupy Wall Street, protesters are forced to use some complicated hand signals and tricky ways of getting their message across since they're not allowed to use mics, but there's one simple gesture that seems to be the most popular: the middle finger aimed at the financial elite. Yes, it's a very good gesture, since everyone understands it right away and there's no need for a megaphone. Image Source:

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When Will Apple Join the Dow?

Oct 12, 2011
J. Webster
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Yes, it's strange Apple isn't in the Dow Jones Industrial Average, and so many other perhaps less relevant companies are. But now Apple's stock is too large for it to be included, if it were, it would throw off the average with any changes in the stock price. What could Apple do to change that and be added to the Dow? Well, they could split its stock but why would they do that?
Now that it’s the biggest company in America, you might think it would make sense for Apple to be added to the Dow Jones Industrial Average. But it

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The Stock Market Is All About Expectations

Oct 12, 2011
J. Webster
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There was a very interesting piece in The Washington Post by Jia Lynn Yang the other day, 'Stock Market, Economic Growth Don’t Necessarily Follow the Same Track, Data Suggests.' In a way the article supports the concept that it doesn't really pay to chase stocks, you've to to buy them when they're hated and beaten down, when the economy is in the tank, not running rampant and growing like crazy. Sure, you can still make money buying stocks when the economy is in full swing, but the real money is made when you buy stocks at the low

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Ben & Jerry’s OccuPie Wall Street Ice Cream

Oct 12, 2011
J. Webster
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Will the Occupy Wall Street protesters get some free ice cream out of this? I hope so. However, maybe this Ben & Jerry ice cream isn't so sacrosanct for the protesters to eat. Ben & Jerry's, often thought of as an independent and progressive company is now a large part of a corporation. Back in 2000, Ben & Jerry's was acquired by the British-Dutch Unilever conglomerate for $326 million. Hat tip to LaughingSquid for the

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