ScamBuster 284

Hello friend, My name is Scott Whittington, I am an American soldier, I am serving in the military with the 1st Armored Division in Iraq , as you know we are being attacked by insurgents everyday and car bombs.We managed to move part of funds belonging to Saddam Hussein’s family in 2003. The total amount is US$12 Million dollars in cash, mostly 100 dollar bills,this money has been kept somewhere outside Baghdad for some time but with the proposed troop in increase by president Barrack Obama, [more...]

Date: 2009-09-27 07:53:34

Blog posts (12) | Videos (56)
 

Credit default swaps threaten newspaper cos.

As if Google weren't menace enough, newspaper companies are finding themselves undermined by another modern innovation: the credit default swap. In the cover story for the The Deal magazine published Monday, Richard Morgan tells about the dire situation Gannett Co. (NYSE:GCI) finds itself in after nearly three-quarters of bondholders, hedged with credit default swaps, declined an exchange offer that expired May 5. Thanks to the CDSs, they stand to get a better payoff if Gannett defaults. [more...]

Date: 2009-06-23 16:03:58

In The News Today

Jim Sinclair’s Commentary This is an article written by Ron Paul that fits in nicely with our discussion this evening on the USA’s need for China and if the Administration’s advisors can see that need is as critical as it is. The Wall Street types who have no economic plan for the USA even up to a year away cannot work with or even understand a nation whose planning goes out a century. All they want to do is sell them OTC derivatives. [more...]

Date: 2009-09-21 23:55:00

Thoughts on Europe

Well, Macro Man highlighted the issue of trade yesterday, but even he was surprised by the US trade number for November. The $40.4 billion deficit was much better than expected, and indeed the narrowest in nearly 5 years. While Macro Man had been troubled by the October report and its implication for his constructive dollar [more...]

Date: 2009-01-14 13:44:55

Debt and Ad Shifts Putting Media Companies Under Pressure

Strong cash flow and fat profit margins usually insulate the media industry during times of economic stress, ... Credit Encyclo-Media” report, Fitch said higher-than-usual debt levels and depressed stock prices are exerting financial pressure in the current cycle, with some companies facing greater credit risk [more...]

Date: 2008-09-18 12:14:21

Report: Lee Newspapers facing possible default

Ruh roh:The crushing debt that was built up over the past few years at newspaper publishers like The Tribune Company and McClatchy (NYSE: MNI) ... its annual report until on or before Dec. 29, because it needs additional time to sort ... s annual report of Lee’s “ability to continue as a going concern.” Like a lot of newspapers facing [more...]

Date: 2008-12-16 22:10:00

NYT Company to go bankcrupt or public-to-private by the end of 2012 (At the latest! Check revolving credit due dates for relevant deadlines)

REVISED1. Tribune Company going bust: there's a surprise. I wonder what it's going to do to NYT Company stock and commercial paper, news of Tribune company probably going bust? (There was one of these little mini-rallies in the markets so not a good day to judge but they're still under $8.) [more...]

Date: 2008-12-08 12:11:00

Zacks Analyst Blog Highlights: Credit Suisse Group AG, The McClatchy Company Inc., Triquint Semiconductor, The Boeing Co. and Energy Conversion Devices Inc. - Press Releases

For Immediate Release Chicago, IL - April 27, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Credit Suisse Group AG ( CS ), The McClatchy Company Inc ( MNI ), Triquint Semiconductor ( TQNT ), The Boeing Co ( BA ) and Energy Conversion Devices Inc ( ENER ). [more...]

Date: 2009-04-27 12:58:59

Not The Typical Quarter: Newspaper Websites' Revenue Growth Interrupted In Q2; Slowdown Continues

Not The Typical Quarter: Newspaper Websites’ Revenue Growth Interrupted In Q2; Slowdown Continues By David Kaplan - Mon 18 Aug 2008 09: ... have not been able to ride the wave of local online ad growth. -- Exceptions: While McClatchy’s (NYSE: MNI) Q2 earnings report was predictably poor, as profits and revenues in general continued to fall [more...]

Date: 2008-08-18 18:03:51

Gulp!... McClatchy says its 1st quarter revenues were down 25% from a year ago (updated)

McClatchy said today its 1st quarter revenues were $365.6 million, down a whopping 25% from a year ago. The McClatchy Company (NYSE: MNI) today reported a net loss from continuing operations in the first quarter of 2009 of $37.7 million, or 45 cents per share. Adjusted for certain items, (1) the loss from continuing operations was $22.9 million, or 28 cents. Net loss from continuing operations in the first quarter of 2008 was $993,000, or one cent per share. [more...]

Date: 2009-04-23 13:19:00

Let’s all be thankful!

To all my friends:I have so many things to be thankful for.This blog is my favorite because I get to thank all of you for your support ... doesn’t want to take credit for what has happened here. If it wasn’t for Lou, there would be no Website [more...]

Date: 2008-11-25 20:23:52

I Keep Digging - Knight Ridder

I Keep Digging - Knight Ridder By colleen Want to know why The Macon Telegraph may be protecting Intergraph? Want to know why I was probably warned that digging for information is dangerous and to be careful? I told 13WMAZ and The Macon Telegraph that I was going to keep digging, and I meant it [more...]

Date: 2008-09-04 00:05:54

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