Update: February 2011. It has been 2+ years since the “perfect storm” impacted and quickly enveloped the planet. Thanks to massive corporate bailouts gratis of taxpayers, and central-banks’ fiscal stimulus programs (e.g. quantitative easing – QE1 & QE2, etc), world economies have stabilized, stock markets have recovered nicely and corporate balance-sheets have improved. But the [...]
Tag Archive 'SEC'
With iPhone 3.0 software and possibly new Apple iPhone hardware coming this summer, Palm investors may be feeling a bit queezy. That #@$! explicative you just heard was Bono chatting with Roger ”what’s a quiet period?” McNamee … Bono and McNamee are major investors in Elevation Partners who pumped $425 million into Palm to develop the Pre. Earlier this week, McNamee boasted [...]
Posted in Investment on Feb 5th, 2009
iPhonAsia comment: Representative Gary Ackerman takes the SEC to task. iPhonAsia has written to the SEC several times in the last two years regarding hedge funds and market abuses. We received one form letter response in May 2008, some 5 months after our letter. Hence, in July 2008 we wrote an open letter to the [...]
Naked Shorts Frolic While Financial System Fries October 10th, 2008 by Mark Mitchell “Morgan Stanley shares have been under extraordinary pressure as of late, for no apparent fundamental reason, as we estimate liquidity, the balance sheet, and long-term earnings, prospects are sound.” – Fox-Pitt analyst David Trone in a research note, today Here we go [...]