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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (70706)10/30/2007 1:16:33 PM
From: Chispas  Respond to of 116555
 
“not only can you not turn a toad into a prince by kissing it, but you also cannot turn a toad into a prince by repackaging it” Warrenn Buffett

More -
economist.com



To: mishedlo who wrote (70706)10/30/2007 1:36:36 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 116555
 
MBIA cut their buyback and paid for it.



To: mishedlo who wrote (70706)10/30/2007 2:06:35 PM
From: Steve Lokness  Read Replies (1) | Respond to of 116555
 
Mish;

management is not looking out for shareholder interests

The problem is not management - who have always had their own interest as number one - but the BOD's. It is the BOD's fiduciary duty to look after shareholders. Just as Congress is suppose to be a check on the executive branch and has also failed miserably at that job. Lee Iacocca has a book - Where Have All the Leaders Gone........

steve