Posted by WSF On September - 30 - 2008

GuestOfAGuest shows us that investing in $1000 worth of beer would have
been a way better investment than blowing the same amount in either (or all three) of AIG,
Wachovia or Lehman Brothers shares. (We note that hey seem to have left off common stock dividends in their calculations, but even when those are factored in, the beer drinkers still would have won.)

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AIG, Wachovia

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The Daily Show’s Jon Stewart calls Apple “Appholes” after the cops stormed a Gizmodo guy’s door
Video: Former Goldman staffer and 2006 Hampton’s Magazine hot bachelor Josh Birnbaum testifies in the Senate inquisition of Goldman Sachs
Video: Jim Chanos adds his insights on short sellers to those of Bill Ackman
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Wall Street braces itself for Obama’s visit; Greece ‘09 deficit wider than expected, its bond yields hit a new high; Swiss panel calling for possible split up of UBS, Credit Suisse if there’s another crisis, new rules have them holding 30 days of liquid assets; Senate edging closer to financial reform deal; U.S. contemplating 2 year plan to exit AIG shares; Quattrone and Boutros together again; Businessweek gets a revamp: Bloomberg Businessweek
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Goldman’s earnings beat; Employees rally around Lloyd Blankfein, senior management; Deal said to have been ok’d by senior execs; FSA to probe Goldman; SEC’s vote was partisan at 3-2, split leads to questions about how strong case is; More timing questions; AIG looking for an angle to recoup cash; Dodd says Goldman “shenanigans’ would be barred in reform bill; Politician returning Goldman campaign contribution; John Paulson hedges his bets by giving to Dems, Republicans

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401-keg investment would have yielded more than AIG, Wachovia and Lehman combined

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The Daily Show’s Jon Stewart calls Apple “Appholes” after the cops stormed a Gizmodo guy’s door

Video: Former Goldman staffer and 2006 Hampton’s Magazine hot bachelor Josh Birnbaum testifies in the Senate inquisition of Goldman Sachs

Video: Jim Chanos adds his insights on short sellers to those of Bill Ackman

Video: Excellent interview with Bill Ackman; He’s on team Goldman, and comes out in their defense

Video: A Bloomberg tour of Prince Alwaleed’s palace

Video: SNL opener on Obama’s Wall Street visit to push for financial reform

VIDEO

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