Michael Jackson Saga: How Did The Media Do?

So, how did the media do in covering Michael Jackson's death? Assessing the coverage of the pop star since he died on June 25 is a little like peeling an onion; it seems there always will be another layer to examine.

It’s taken a back seat to health care, but one of the next big agenda items for President Obama’s administration is cybersecurity, a priority that is becoming all the more clear following July 4 hacker attacks on the White House, the Pentagon and the New York Stock Exchange. The Associated Press reports that the attack on [...]

How to invest if the worst hasn't happened yet.

“Now I don't have to tell you good folks what's been happening in our beloved little town. Sheriff murdered crops burned stores looted people stampeded and cattle raped. The time has come to act and act fast. I'm leaving!” --Reverend Johnson Blazing SaddlesThe summer siesta that signifies the midpoint of the calendar arrived and not a moment too soon. After six months of whips and change that were very strange the market as measured by the S&P and DJIA is right back where it started.That was fun eh? Let’s play it again Sam!When we began the year we foresaw ...

There is somewhat of a lack of newsflow this morning, and it is likely to stay that way until earnings season kicks off later this week when Alcoa (AA) reports. Healthcare is the only sector positive today. The Washington Post reports that hospitals have agreed to contribute $155 billion over 10 years towards covering the cost of healthcare for those who are uninsured. Energy stocks are the weakest on another drop in oil prices, now down below the $63 level. In other news, President Obama mentioned that a second stimulus package could be a <span[More...]

Every quarter when I post this I get the question of "where are the names of the troubled banks" so let me preface this post by saying - the names are not disclosed. That is on purpose. The FDIC does not want you to run to banks on their list and withdraw money because that is how a troubled bank seals its fate. Second, let us be clear - without the US taxpayer supporting their operations Bank of America (BAC) and Citigroup (C) would of been farther along than "troubled". The fact that these 2 NEVER made the list despite hundreds of billions of government support among the two tells you all you need to know about this list. Last year (Aug 26, 2008: FDIC Troubled Bank List) I was making the[More...]

Warren Buffet’s Berkshire Hathaway filed its first quarter 13-F with the SEC last week. From the filing, you may find a few investment ideas from where Buffet is putting his money, as noted by Morningstar. At the end of the first quarter, Berkshire holds a total of 41 stocks in its equity portfolio, with American Express (AXP), Coca Cola (KO), Johnson & Johnson (JNJ), Kraft Food (KFT), Procter & Gamble (PG), US Bancorp (USB) and Wells Fargo (WFC) being the largest holdings. Company <td style="text-align: center; color:[More...]

Highlights include The McClatchy Company (MNI), The New York Times Company (NYT), Washington Post Co. (WPO), Lee Enterprises (LEE), Gannett Co. (GCI) and Journal Communications (JRN). It’s an offer bondholders can’t refuse. The McClatchy Company (MNI) has announced an offer to exchange $1.15 billion in debt securities for cash and new notes in a move that extends ...

Highlights include The McClatchy Company (MNI), The New York Times Company (NYT), Washington Post Co. (WPO), Lee Enterprises (LEE), Gannett Co. (GCI) and Journal Communications (JRN). McClatchy: Expensive Debt Exchange Offer Extends Maturities It's an offer bondholders can't refuse. The[More...]

BizRadio's Jack Warkenthien interviewed James Altucher, the President of Stockpicker.com about what to buy and what to avoid right now. Among the stocks talked about are Value Click (NASDAQ:VCLK), QLogic (NASDAQ:QLGC), Kellogs (NYSE:K), Lowe's (NYSE:L), Campbell's (NYSE:CPB), Zynex (OTC:ZYXI), Valence (NASDAQ:VLNC), American Airlines (NYSE:AMR), Southwest Airlines (NYSE:LUV), Global Industries (NASDAQ:GLBL), Anadarko (NYSE:APC), Rackspace (NYSE:RAX), Capital Trust (NYSE:CT), Goldman Sachs (NYSE:GS), Service Corp (NYSE:SCI), and The Washington Post (NYSE:WPO). Listen in as Mr. Warkenthien and Mr. Altucher go through the sectors and point out why Internet stocks and storage aren't going anywhere anytime soon, as well as his top pick under $10 and over $100.

Tom Dorsey and Tammy Derosier have a discussions about Options