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We know that things that follow quantum rules, such as atoms, electrons or the photons that make up light, are full of surprises. They can exist in more than one place at once, for instance, or exist in a shared state where the properties of two particles show what Einstein called “spooky action at a distance”, no matter what their physical separation. Because such things have been confirmed in experiments, researchers Corsin [...] Kyle Bass, managing partner at Hayman Capital Management, told Bloomberg TV’s Stephanie Ruhle and Erik Schaztker on “Market Makers” today that he thinks “it’s the beginning of the end” for Japanese bonds. He said, “When I started sharing our views more globally it was the middle of 2010 and I said I believe the stress would begin to show itself in the next three years. Pretty much three years in, [...] Goldman Sachs President and COO Gary Cohn spoke with Bloomberg Television’s Stephanie Ruhle on “Market Makers” from Cleveland, OH today, one of the cities where Goldman provides education and funding for small business owners.
Cohn said that, “there is really only one way that interest rates can go over some period of time which is ultimately higher. I’m concerned that the general public does not quite understand the pricing of bonds [...] Bill Ackman, CEO of Pershing Square Capital Management, spoke with Bloomberg Television’s Erik Schatzker and Stephanie Ruhle about Herbalife and said that “this is the highest conviction I have ever had about any investment I have ever made, full stop.”
Ackman also said, “We welcome them suing us” and “I think short selling is a very noble thing.”
BLOOMBERG TELEVISION
Ackman on the size of his position in Herbalife:
“It is enormous. It is [...] We talk to Stephanie Kelton, Chair of the Economics department at University of Missouri-Kansas City, about the economics behind Modern Monetary Theory (MMT).
BREAKING: Diamondback Capital to Close Down as Investors Pull $520 Million By Saijel Kishan and Stephanie Ruhle
Diamondback Capital Management LLC, among the hedge funds that was raided by the FBI about two years ago as part of the U.S. investigation of insider trading on Wall Street, is liquidating after clients pulled money.
The Stamford, Connecticut-based fund received requests from investors to withdraw about $520 million, or 26 percent of its assets, co-founders [...] Carson Block, founder of Muddy Waters Research, spoke with Bloomberg Television’s Stephanie Ruhle and Tom Keene on “Market Makers” today about his report on Olam International and said that he’s lost interest in betting against Chinese stocks.
Block, who compared Olam to Enron, said, “China has gotten harder in the sense that the government has really taken the side of the frauds. The government is working with a number of these [...] Former Deutsche Bank managing director Stephanie Rhule interviewed former Goldman Sachs Managing Director Greg Smith on Bloomberg this week. From start to finish, the interview represents perfectly what you can and cannot expect from mainstream financial news outlets. You may get great coverage of the markets, but what you will not get is hard hitting interviews that expose fraud, illegality, corruption and unethical behavior on Wall Street. MF Global coverage [...] Obama deputy campaign manager Stephanie Cutter is coming under intense criticism from Republicans for saying the “entire reason” the attacks on the American consulate in Benghazi, Libya, had become a political topic was “because of Mitt Romney and Paul Ryan.” Cutter was responding to a question about the continuing investigation into the terrorist attack on the consulate in Libya that left four Americans dead, and arguing that the administration was working [...] Former JPMorgan CEO Bill Harrison appeared on Bloomberg Television’s “Market Makers” with Erik Schatzker and Stephanie Ruhle today, where he said, “I wouldn’t penalize” Jamie Dimon over the bank’s $5.8 billion loss in its CIO unit. Harrison said, “That might be a controversial statement. I think Jamie is doing a great job.” Harrison also said that banks shouldn’t split their chairman and CEO roles: “Absolutely not, I feel very strongly about [...] With a national election approaching in Japan, and a change of leadership in China, politicians on both sides have refused to step back from the brink, afraid of appearing weak. Link I know similar threads have probably been posted, but there are some interesting points to be considered here. The fact that both countries are about to undergo a leadership change, for instance. Volatile times. Keep each other close, and try to stay [...] President Obama will head to Henderson, Nevada for three days of prep in advance of next week’s debate against Mitt Romney. Obama will begin practicing for the debate on Sunday, the L.A. Times reports: “The debate retreat, scheduled to start Sunday in Henderson, Nev., a suburb that sprawls away from Las Vegas, includes time for the daily battery of presidential meetings, leaving room for three afternoon debate sessions — if no crises flare [...] John Taylor, founder and CEO of the world’s largest currency hedge fund FX Concepts, spoke with Bloomberg Television’s Erik Schatzker and Stephanie Ruhle on “Market Makers” today and said that he’ll “probably always be a bear on the euro” and that “it is hard to look at the European situation and see a cloudy sky become clear.”
Taylor also said that “they equity market is not showing any legs…I do not [...] By Stephanie Kelton Aug 30, 2012, 6:26 AM Author’s Website My Twitter followers are constantly asking me if I think more spending would really help the economy recover. I understand their skepticism. Many are probably struggling with high debt levels, and the last thing they want is some economist urging them to rack up more debt for the good of the economy. (Bad advice, indeed.) Others have heard President Obama talk about putting Americans back to work [...] Bill Gross of PIMCO spoke to Bloomberg Television’s Stephanie Ruhle, Adam Johnson and Alix Steel on “Lunch Money” today, reiterating comments in his monthly outlook that the age of credit expansion that led to double digit returns is over. Gross said, “Those days are over…Pension funds and individuals and investors that expect 10% consistent returns to pay those bills are going to be disappointed.” Gross also said that the price of [...] Stephanie Cutter, Obama deputy campaign manager: Well, I think that worker probably has a good understanding of what’s happened over the past four years in terms of the president coming in and seeing 800,000 jobs lost on the day that the president was being sworn in, and seeing the president moving pretty quickly to stem the losses, to turn the economy around, and over the past, you know, 27 months [...] Deputy campaign manager Stephanie Cutter defended President Obama’s $700 billion cuts to Medicare: TWS The next time this Ferrari owner is handed a parking ticket he’ll probably just accept it. However, when the driver of a $257,000 Ferrari 458 returned to his car yesterday to find a policeman issuing him a fine he did just the opposite. He refused to listen to the policeman, hopped behind the wheel and then seemingly drove over the officer’s foot. As his girlfriend – MTV The Hills’ star Stephanie Pratt – [...] Solyndra is back in the news again. The solar manufacturer, which received a $535 million taxpayer-funded loan from the Obama administration, filed for bankruptcy on September 6, 2011. 1100 employees lost their jobs. On Thursday, the House Energy and Commerce Committee released a 154 page majority report on their investigation of Solyndra. Their conclusion: officials in the Obama administration ignored warning signs about the company’s financial conditions and then were “willing [...] BLOOMBERG TV EXCLUSIVE: Knight Capital CEO Tom Joyce spoke with Erik Schatzker and Stephanie Ruhle on Bloomberg TV’s “Market Makers” this morning about yesterday’s trading errors and losses stemming from the breakdown, saying that the company has “all hands on deck.” Joyce said, “We understand what the issues are. We’re staying in close contact with our clients and counterparties.”
Joyce also said that it’s “hard to comment” on the firm’s dealings [...] EVANSVILLE — Stephanie Milan, 18, was relaxing in her family’s living room Thursday watching the Food Network when a heavily armed squad of Evansville police officers arrived on the front porch. Dressed in full protective gear, police broke the storm door of the home at 616 East Powell Ave. — the Milans’ front door was already open on the hot summer day. They also broke a front window. They tossed a flashbang [...] Imagine you’re sitting at home, comfortable on the couch, watching the Food Network, when all of a sudden a heavily armed SWAT team breaks down your door and storms into your living room. That’s what happened to 18-year-old Stephanie Milan, who was watching TV in her family’s Evansville, Ind., home last Thursday (June 22), when a team of police officers broke down her storm door — the front door was already [...] They are and they are traitors for it. If Americans elect Romney then they deserve to have their children die on the battlefield for the Owl Demon Moloch of Bohemian Grove. WASHINGTON — Republicans are hoping the economy continues to struggle so they can win the White House in November and should put those political concerns aside and take steps to boost job creation, top Obama campaign officials said Sunday. “They need [...] http://weaselzippers.us/2012/05/30/obama-campaign-official-defends-solyndra-country-prospering-on-green-jobs/ “Obama Deputy Dampaign Manager Stephanie Cutter defended President Obama’s investment in green energy companies like Solyndra, and said that because of his investments, the “country was prospering.” President Obama’s deputy campaign manager, Stephanie Cutter, admitted at a Harvard Kennedy School of Government event in Massachusetts that “The economy, you know, will continue to be a challenge.” “I have to say also there are also disadvantages to being an incumbent,” says Cutter. “The economy, you know, will continue to be a challenge as we continue to fight out this race over the next six months.” Source: TWS Obama campaign deputy manager Stephanie Cutter dismissed today’s CBS/New York Times poll showing that 67 percent of people believed Obama made his decision on gay marriage for political reasons. Only 24 percent said that Obama did it “mostly because he thinks it is right.” Host Chuck Todd asked Cutter about the poll, admitting that the methodology of the poll was different, because it was a callback poll. “Put those caveats aside thats a [...] May 11 (Bloomberg) — Bloomberg’s Dawn Kopecki talks about JPMorgan Chase & Co.’s $2 billion trading loss after what Chief Executive Officer Jamie Dimon calls an “egregious” failure in the firm’s chief investment office. Kopecki speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg) A popular Mormon ‘Mommy blogger’ who survived an horrific plane crash with 80 per cent burns to her body has spoken about the ordeal – and how she overcame it to give birth to her fifth child. Speaking on the Today show, Stephanie Nielson, who writes about motherhood on her blog the Nie Nie Dialogues, has recounted the pain and guilt she felt following the accident in 2008. ‘I think “guilty” was the first [...] |
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