Saturday, February 07, 2009

She's not.... but it was interesting add on my dashboard :)

AIM Spotlight

Hayden Panettiere

Is Hayden Panettiere the Main Reason You Watch 'Heroes'?

Be Greedy

To many observers, the big banks broke one of Wall Street's cardinal rules: Be greedy, but be greedy over the long term.

Citation: http://www.forbes.com/feeds/ap/2009/02/07/ap6022701.html?attache=

Friday, February 06, 2009

Giving, The Tax-Free Way

My notes :

 

I think the American law makers have decided they should move towards a culture that is more Iranian-like, the parents support their children for education, and helping them with a head start.

 



Gift Guide

Giving, The Tax-Free Way

Ashlea Ebeling, 01.19.09, 06:00 PM EST

There are smart ways to share your wealth now.

Even if you're not likely to have a taxable estate in the age of Obama, you may want to start passing some wealth to your children and grandchildren now. Fortunately, there are smart--and even simple--ways to do this.

[...]

Bryn Mawr, Pa., estate planning lawyer Stephan Leimberg says, "If you're not going to lose any sleep, why wait? They'll appreciate it, and you get the pleasure of seeing them enjoy it."

A common goal among affluent older folks is to help pay for their grandkids' schooling. You can pay anyone's college or private school tuition or medical bills (including, say, orthodontia) and so long as you send the check directly to the school or health care provider, that spending won't count against the $13,000 exclusion or your estate tax exemption.



Cite: http://www.forbes.com/2009/01/19/coverdells-giving-gifttax-pf-in_ae_0119taxes_inl.html

Obamasize Your Portfolio: Seven Guru Buys

Obamasize Your Portfolio: Seven Guru Buys

Nikhil Hutheesing, 01.19.09, 06:00 PM EST

Buy these securities while the capital gains tax rate is still favorable.

On Jan. 20, Barack Obama will become the 44th president of the U.S. Obama will inherit a great many challenges--among them leading the country out of the War in Iraq, improving the image of the U.S abroad and rescuing the economy from the worst financial crisis in 70 years.

While Obama has made it clear that the financial recovery will be lengthy, he does have plans to improve our infrastructure, to tap into sustainable energy sources and to provide more affordable health care.



Cite: http://www.forbes.com/2009/01/17/nustar-meritage-charlesschwab-pf-in_nh0119gurupicks_inl.html

Thursday, February 05, 2009

Small Banks Say 'No Thanks' to U.S. Bailout Money

Small Banks Say 'No Thanks' to U.S. Bailout Money

Healthy small bankers would like the boost to lend more, but fear regulations and conditions attached to the Treasury Dept.'s rescue program


[...]


NewAlliance Bank (NAL) CEO Peyton R. Patterson didn't even bother to fill out the form. She didn't want to risk restrictions on the bank's share repurchases and dividend payouts. The New Haven bank, which maintained high lending standards during the boom, had the luxury of walking away. Unlike peers dealing with historic losses, NewAlliance's earnings almost doubled to $45.3 million last year, as lending increased 38.5%. Says Patterson: "We quickly understood that the money would not have any benefits to us."


Citation:  http://www.businessweek.com/magazine/content/09_07/b4119000621367.htm?campaign_id=rss_daily

Tuesday, February 03, 2009

Ryanair Tastes Red Ink

The Irish budget airline reported a quarterly loss for the first time, but expects a savvier fuel pricing strategy will lead to profits next year

http://images.businessweek.com/story/09/600/0202_ryanair.jpg

Irish budget airline Ryanair's chief executive Michael O'Leary at a press conference in Rome last year. ANDREAS SOLARO/AFP/Getty Images

Monday, February 02, 2009

Recessions are opportunities or threats

Painful as recessions are, they offer great opportunities. New markets appear, new incentives appear, and buyers are willing to pay for services rendered. They will re-structure their monthly budgets to take advantage of these opportunities. There will be losers, of course: those businesses that fail to meet consumer demand under the new conditions. But there will be winners.

If the Federal Reserve System would stick to its guns and refuse to inflate in the next recession, the economy could adjust on a permanent basis. I don't think this is likely. The FED will inflate once again. This is what central banks do.

For the moment, the FED is not inflating. The yield curve is inverted. The recession is in the pipeline. You can prepare for it now or deal with it later.

Don't let it blindside you.





cite: http://www.lewrockwell.com/north/north495.html