Wall Street Journal

Landis: Blow the whistle, get paid.

From the New York Times:

Floyd Landis, who was stripped of the 2006 Tour de France title for doping, has filed a federal whistle-blower lawsuit against his former team — the United States Postal Service squad that included the seven-time Tour winner Lance Armstrong — claiming that the team defrauded the government, two people briefed [...]

Guess I'm just another sucker

You know it’s huge when doping news hits the Wall Street Journal. Will post more when I get a chance to read more articles, digest the news and compose thoughts.

But fuck … I was one of those people that thought there was a good chance that Floyd got screwed by the system, and was [...]

MS CEO calls for reforms (with limits)

The firm’s annual shareholder meeting was today … buried deep in the story from the Wall Street Journal were the following paragraphs regarding comments made by Morgan Stanley CEO James Gorman.

In the meeting, a brisk one hour compared with Goldman Sachs‘ three-hour marathon, Mr. Gorman also said Morgan Stanley was committed to regulatory reform. [...]

Bike Snob's IPO

The Wall Street Journal has reported on many an IPO (initial public offering) over the decades, but I’m sure none of them have been quite like Bike Snob’s initial public offering … of his identity.

Over his nearly three years of obsessing over, satirizing and deftly puncturing the sport of cycling, the anonymous blogger Bike [...]

Who’s watching the Watchmen?

SEC Attorneys Probed For Insider Trading

CBS News has learned that two attorneys at the Securities and Exchange Commission (SEC) are under “active” criminal investigation by the FBI for trading stocks based on inside information.

Accusations against the two lawyers – a man and a woman whose names have not been released – are [...]

Lance Armstrong Ponders Buying the Tour de France

Yeah … this one isn’t an April Fool’s joke … from the Wall Street Journal, March 27, 2009.

Lance Armstrong Ponders Buying the Tour de France in Bid to Run Pro Cycling – WSJ.com

Lance’s Plan for France — Off the Bike Seeking to Overhaul Cycling, Armstrong Played a Part in Talks to Buy the [...]

Never thought I’d see it!

A-train railing against free-market realities. Okay, so it’s not truly a free market, but there are limits to what banks receiving funds under TARP can do; limits designed to protect the American taxpayer as a senior investor (the investments are in preferred securities after all), whilst not placing excessive limits on free-market flexibility for the [...]

Ooof, what a week …

This week was totally unreal. Over the course of the past 6 weeks, since the beginning of September, I have lost over 50% of my net-worth; almost all of which is in my retirement plan.

On the other hand, I have been averaging my cost-basis down in Morgan Stanley, picking up another 150 shares yesterday, [...]

Bread and circuses

From this morning’s Wall Street Journal:

‘No’ Votes Came From All Directions

The fatal “no” votes to the financial rescue package came from a strange-bedfellows coalition of lawmakers, from the most conservative to the most liberal members of the House, with a large number of representatives from low-income districts angry that Wall Street seems to [...]