dcollon

I agree with you Bookie. The human tendencies will have trustees, administrators, etc.. asking if they can do it why can't we. It's bound to start showing up in other states. Illinois, Michigan, etc... The question is, what will the states do, if they can do anything.

From Bankstocks.com http://www.bankstocks.com/AddComment.aspx?ArticleID=6534

What a surprise... http://www.bloomberg.com/news/print/2012-07-04/states-steal-federal-foreclosure-funds-at-their-own-peril.html

Societe Generale research attached that I thought some might enjoy The_Illusion_of_Safety.pdf

http://www.bloomberg.com/news/print/2012-06-28/cooperman-says-earning-13-in-stocks-takes-average-iq-.html

I apologize if this video has already been posted, but based on the discussion of margins I thought some of you might like watching it. (hopefully the link will work.) http://www.morningstar.com/cover/videoCenter.aspx?lineup=PREMIUMVIDEO&id=557925&referid=a3470

Interesting interview. Thanks for posting the link.

Thanks Rabbitisrich for your answer. I was speaking more generally though than just this calculation. Sorry, my question should have been better worded.

A side question for some of you. When you are looking at GNP or GDP, do you use real GDP or not?

His memo's are great. Thanks for posting it.

http://www.bloomberg.com/news/2012-06-21/sec-said-to-depose-sac-s-cohen-in-insider-trading-probe.html

I thought some might find the attached interesting. Mid-year_2012_PC_Buyers_Survey.pdf

Great videos...thanks for posting them.

ResCap Offers Investors $8.7 Billion Bankruptcy Claim http://www.bloomberg.com/news/2012-06-12/rescap-offers-investors-8-7-billion-bankruptcy-claim.html

Thanks for posting the links. I thought the HRB presentation was interesting, but obviously not the winner.

Great commencement speech...thanks for posting

http://finance.fortune.cnn.com/2012/06/04/the-last-days-of-mf-global/

http://www.ft.com/intl/cms/s/2/7ad17ac2-ab42-11e1-b675-00144feabdc0.html#axzz1wpWLMvzi

I love seeing these articles...(the death of equities part) http://www.ft.com/intl/cms/s/0/d754f94c-a4ba-11e1-9908-00144feabdc0.html#axzz1vj8SAa8h

http://www.bloomberg.com/news/2012-05-23/goldman-sachs-s-trott-tells-jury-of-secrecy-around-buffett-deal.html

Your post made me think of his presentation at Harvard a few years ago. Here's the link http://www.scribd.com/doc/9999339/Sellers-24102004

Update this morning on CP battle http://www.bloomberg.com/news/2012-05-17/ackman-slate-set-for-seats-as-canadian-pacific-ceo-leaves.html

I doubt it's Mr. Buffett based on the size, but who knows.

Awesome...thanks Zarley

Thanks for posting.