For some weekend fun please consider point 2 of last Wednesday's Five...

For some weekend fun please consider point 2 of last Wednesday's Five Things Sallie Mae CEO Just Wants to 'Get the F*ck Outta Here!' BEA 4th Quarter GDP 1st Estimate 0.7% Q&A: Why Did GDPNow Rise After Durable Goods? When are Construction Revisions Coming? First, Sallie Mae (SLM) CEO Albert Lord told investors in a pretty defensive conference call that an increase in borrowing costs would hurt the company's profit growth. Lord said that as a result of the failure of the $25.3 billion J. C. Flowers deal to go through, the company will need to raise capital despite the higher cost. 'We're trying to put together projections together here, Al,' one questioner said. 'We're trying to figure out what your stock is going to be worth and you've got to give us some guidance.' Let's cut to the chase. We're no public relations expert, but here's a tip: It's probably not a good idea to close out a particularly testy investor call by saying, 'Steve, let's go, there's no questions, let's get the f*ck outta here.' It looks like Sallie Mae is more than a little testy over the fact that the deal between Sallie Mae and J. C. Flowers collapsed. But this is an amazing first conference call for a new CEO. The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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2006-08-28Today's Thought of the Day starts with an idea...

2006-08-28Today's Thought of the Day starts with an idea posted by Kevin Depew at Minyanville. It continues with my thoughts on the implications of this abrupt shift in consumer psychology. Those implications are massive. Read on and see why. From Kevin:It begins as a simple standoff. The bidders hold their bids. The sellers hold their offers. Activity lurches to a stop... until someone blinks. Of course, I'm talking about real estate, right? No. I'm talking about restaurants. BEA 4th Quarter GDP 1st Estimate 0.7% Q&A: Why Did GDPNow Rise After Durable Goods? When are Construction Revisions Coming? It continues with my thoughts on the implications of this abrupt shift in consumer psychology. Those implications are massive. Read on and see why. It begins as a simple standoff. The bidders hold their bids. The sellers hold their offers. Activity lurches to a stop... until someone blinks. In the face of a meltdown in same-store sales and falling customer counts, some of the
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All eyes were on the Fed's FOMC statement on Wednesday...

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Let's take a look at a point counterpoint discussion of inflation. The October...

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