Barry Molefsky: ‘You praised Arthur Levitt for being a good SEC chairman, but it was on his watch that all the shenanigans took place. Pitt has only been SEC chairman for 11 months.’
☞ I think if you do a Google search you will find an awful lot of positive comment on Levitt. He was […]
I was interested to hear Harvey Pitt on ‘Meet the Press’ Sunday. I don’t profess to be a Harvey Pitt expert, but I do have two data points to offer.
The first comes from Susan Strausberg, CEO of Edgar Online, one of the main private sources for S.E.C. data. (You can get info direct […]
AN IMPORTANT THING TO KNOW ABOUT THE MARKET
In a bull market, bad news is ignored or interpreted as good news somehow. (‘They lost $400 million? Good to know they’ve got that behind them – should make earnings comparisons next year look really sweet.’) In a bear market, good news is ignored or reinterpreted […]
Any of you go through personal bankruptcy? How did it go? On balance, are you glad you did it? Have you got any tips for those considering it? I would appreciate any stories you care to tell.
Mary Ann Campbell: ‘Recently, one of your readers recommended a site […]
But first . . .
NEW MEANING TO THE TERM ‘DOUBLE HOMICIDE’
Gennaro Nunziato: ‘As I was passing through the security check at Newark airport two weeks ago, carrying two disposable lighters, I was told that only one lighter would be allowed; the second was confiscated. Not quite sure why one lighter would […]
Sean O’Donnell: ‘Bush’s stock trading in Harken is, of course, a very legitimate story, but is only of secondary importance relative to the main issue – the collapse of corporate governance. There is a real fear that (given our Clinton experience) chasing the President can so consume the media that it forgets other issues. It […]
Russell Turpin: ‘You quote J. R. Pitts as writing, ‘We won WWII when children could pray in schools. We lost Vietnam when they couldn’t.’ You write, ‘Religion should be private.’
‘And you’re both wrong. No one — not the ACLU, not the most ardent atheist — is trying to kick religion out of the public […]
HOW ABOUT A STATUE?
Last week Brooks Hilliard wrote: ‘We won WWII before ‘under God’ was added to the Pledge of Allegiance and lost Vietnam afterwards.’ J.R. Pitts responds: ‘We won WWII when children could pray in schools. We lost Vietnam when they couldn’t.’
☞ The author of the pledge, in 1892, as historian […]
James Maloney: ‘You obviously have a different definition for rich than I. Your friends paid $980K for a fixer upper five years ago in NYC AND they live in LA. We should all be so comfortable.’
Bill Walker: ‘Earth to Andy – anyone who can purchase a $980,000 home plus sink another $500,000 into […]
DOES VALUE MATTER?
Max Peterson: ‘As Warren Buffett says (the quote may have originated with Ben Graham; I don’t recall), Price is what you pay, value is what you get. Longer term, there’s no question that value matters.’
Brooks Hilliard: ‘We won WWII before ‘under God’ was added […]
Quote of the Day
On Hollywood Squares, gay comedy writer Bruce Vilanch was asked: You are the most popular fruit in America. What are you? His answer: Humble. (The correct answer? Banana.)~.
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