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Entries by Henry Blodget from 03/2008

Steve Jobs, Cancer, and Public Disclosure

| Posted 03.05.2008 | Business

Should a public company have to tell its shareholders that its CEO has been diagnosed with a potentially life-threatening illness? In the case of Steve Jobs, a CEO who is arguably Apple's single most valuable asset, I think the answer is "yes."

Ferraro on Obama: Not a Racist -- Just an Idiot

| Posted 03.12.2008 | Politics

I've always admired Geraldine Ferraro. I'm sorry to learn that she's braindead.

A Big Bronx Cheer For Pathetic Bear Stearns

| Posted 03.14.2008 | Business

Get ready. Now that Bear Stearns has been forced to run hat in hand to the Fed and whimper that it's "too big to fail," the mewling is about to begin.

Lehman Brothers Too Big To Fail? Don't Count On It

| Posted 03.17.2008 | Business

Wall Street is in a full meltdown. Bear Stearns is gone, so the markets are wondering who's next. The leading contender? Lehman Brothers.

Bear Stearns Bailout Paves Way For $1+ Trillion U.S. Homeowner Rescue Plan

| Posted 03.24.2008 | Business

Get ready for the Fed's next great taxpayer-funded bailout, which is now almost guaranteed: The $1+ Trillion U.S. Homeowner Rescue Plan.

Ben Bernanke and Hank Paulson: Market Puppeteers

| Posted 03.25.2008 | Business
Read More: Business News

Read between the lines of the Bear Stearns-JP Morgan story and it seems clear that the parties who insisted on the original $2 deal price were not JP Morgan executives but Secretary of the Treasury Hank Paulson and Fed Chairman Ben Bernanke.

US Homeowners Still Living in Dreamland

| Posted 03.26.2008 | Business
Read More: Business News

When will our economy begin to recover? Not until US homeowners wake up and realize that their houses are worth what all assets are worth: what someone will pay for them.

Bear's Cayne Takes $900 Million Loss, Seeks Answers in Religion

| Posted 03.28.2008 | Business

One big Bear Stearns shareholder is no longer hallucinating about a higher JP Morgan bid for the firm: Chairman Jimmy Cayne, a Wall Street legend and one of the few men most responsible for Bear's collapse.

Think Your Cash is Safe? Better Check With Your Broker

| Posted 03.31.2008 | Business

That "bonus" interest your broker found for you? You're only getting it in exchange for increased risk. On Wall Street, there is never a free lunch