Fans bearing signs and shouting their support for Penn State football turned out Tuesday morning to greet players gathering for offseason workouts.
Fans carried signs, while others bearing inspirational quotes from Winston Churchill, Thomas Paine and Vince Lombardi were posted in the windows of the Lasch football building -- the same place Sandusky abused some of his victims.
Tuesday, July 31, 2012
Penn State Clips: Penn State Proud Fans Gather to Support Football Team
Thursday, July 26, 2012
Wall Street Legend Weill Break Up the Big Banks
Former Citigroup Chairman & CEO Sanford Weill, the man who invented the financial supermarket, called for the break up of big banks in an interview on CNBC.
All American Investor
“What we should probably do is go and split up investment banking from banking, have banks be deposit takers, have banks make commercial loans and real estate loans, have banks do something that’s not going to risk the taxpayer dollars, that’s not too big to fail,” Weill told CNBC’s “Squawk Box.” “If they want to hedge what they’re doing with their investments, let them do it in a way that’s going to be market-to-market so they’re never going to be hit.”
If you don't see the video click here to watch.
Wednesday, July 25, 2012
Wall Street Legend Weill Break Up the Big Banks | All American Investor
Former Citigroup Chairman & CEO Sanford Weill, the man who invented the financial supermarket, called for the break up of big banks in an interview on CNBC.
All American Investor 6U6XVGWZ7HSH
“What we should probably do is go and split up investment banking from banking, have banks be deposit takers, have banks make commercial loans and real estate loans, have banks do something that’s not going to risk the taxpayer dollars, that’s not too big to fail,” Weill told CNBC’s “Squawk Box.” “If they want to hedge what they’re doing with their investments, let them do it in a way that’s going to be market-to-market so they’re never going to be hit.”
If you don't see the video click here to watch.
He essentially called for the return of the Glass–Steagall Act, which imposed banking reforms that split banks from other financial institutions such as insurance companies.
“I’m suggesting that they be broken up so that the taxpayer will never be at risk, the depositors won’t be at risk, the leverage of the banks will be something reasonable, and the investment banks can do trading, they’re not subject to a Volker rule (the Volcker rule explained), they can make some mistakes, but they’ll have everything that clears with each other every single night so they can be market-to-market,” Weill said.
Wednesday, July 18, 2012
The Morning Call-The S&P is at an important juncture
The MarketTechnical
The indices (DJIA 12805, S&P 1364) rallied yesterday, remaining within both their (1) short term trading ranges [12022-13302, 1266-1422] and (2) intermediate term uptrend [11987-16987, 1261-1841].
Within the short term trading ranges, additional support exists at 12345/1292 and resistance at 12903/1364. Note that the S&P closed right on the resistance level. Further, the 1364 also is the intersect of the upper boundary of the pennant formation discussed previously (the lower boundary intersect is 1345).
Volume was up; breadth improved. The VIX fell but is still over the lower boundary of its intermediate term trading range and continues to develop its head and shoulders formation.
GLD was off a bit but remains above the lower boundary of its intermediate term trading range.
Tuesday, July 17, 2012
Coach Inc (COH) 2012 Review
Coach Inc (COH) designs, produces and markets high quality hand bags, business cases, luggage, leather outer wear and men’s and women’s accessories.
The company has grown profits 30%+ annually for the last ten years earnings a 40%+ return on equity. Its dividend has grown from $.08 in 2009 to an expected $1.12 in 2012. COH was not immune to the declines in consumer spending in 2007-2009; however, as the economy has improved, it has benefited from:
(1) improving comparable store sales and rising margins due to:
(a) product innovation,
(b) a market savvy pricing strategy,
(c) effective cost control program.
Continued on the Next Page
Saturday, July 14, 2012
Pat Summitt Wins Arthur Ashe Award (Video) | Alzheimer's Reading Room
When Pat Summit walked on to the stage to receive her ESPY Award she was arm in arm, and hand in hand, with her son Tyler. I immediately thought, this is the way it should be for everyone.
Continue reading Pat Summitt wins Espy and watch the video
Continue reading Pat Summitt wins Espy and watch the video
Tuesday, July 10, 2012
Why JP Morgan and Goldman are liabilities not assets to our financial system
All American InvestorOn 14 April 2012, former Goldman Sachs Executive Director Greg Smith recorded a very public and sensational exit interview in the opinion pages of the New York Times.
The letter criticised “toxic and destructive” practices and cultures within Goldman Sachs, one of the world’s largest, most important and influential investment banks. The criticism focused on practices that exploited clients and put the interests of the bank first. It alleged a culture that was focused on getting clients to invest in securities or products that Goldman was interested in getting rid off. The letter highlighted the use of complexity to confuse clients and the focus on highly profitable and (sometimes) unsophisticated clients who did not fully understand the risks of the transactions that they were being encouraged to enter into.
Thursday, July 05, 2012
I Cured My Neighbors' Alzheimer's
Today I learned an important lesson. But first, let me tell you how I cured a neighbor of Alzheimer's.
By Bob DeMarco
Alzheimer's Reading Room
Oh happy day. I just learned for the first time ever that someone in the Pines Of Delray finally listened to me.You see, I live in a community where there are a lot of people over 80 years old. Simple statistics tell me that one in every three will suffer from dementia. If they live long enough, one in every two.
Those are the odds.
For some reason when a person starts showing signs of dementia here, and I suggest they get a full blown evaluation and full blown testing for dementia, my suggestion falls on deaf ears.
Denial and fear are rampant. I understand.
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