The Treasury today announced its plan to sell several warrant positions received in consideration for investments made under the Capital Purchase Program.I'm not being facetious with the 'top tick'. When you're playing with the folks who make the rules it's good to keep track of this stuff.
Over the next month, Treasury intends to conduct auctions to sell its warrant positions in JP Morgan Chase & Co., Capital One Financial Corporation, and TCF Financial Corporation....MORE
GM IPO in 2010? Filed.
Here's an AP story via the San Francisco Chronicle:
Obama analyzes stock market: Good long-term buy
...Obama, meanwhile, was asked about the stock market's swoon in recent days to levels not seen since 1997.
"What I'm looking for is not the day-to-day gyrations of the stock market, but the long-term ability for the United States and the entire world economy to regain its footing," Obama said after meeting in the Oval Office with British Prime Minister Gordon Brown.
Sounding like an analyst, he said that "profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."
Okay, he got the lingo a bit wrong but that was written on March 4, 2009, five days before the closing low in the major averages. Besides, he had other things on his mind:
A Nation Sighs as Obama Puppy Crisis Finally Ends
-Gawker, April 11, 2009
