THE RIM FAN CLUB
It is a cultural thing. On our side of the border, folks give the guys at Research In Motion a lot more credit than the U.S. folks do.
Paul Taylor, chief investment officer at BMO Harris Private Banking in Toronto, tries to explain why 90 per cent of Canadian analysts rate RIM a buy, while barely half of U.S. analysts feel the same way.
THROWING FERTILIZER ON THE UNIVERSE
This is a cash bid. It's a large bid. The universe of possibilities here are probably not endless.
BHP Billiton CEO Marius Kloppers dismisses Potash Corp. of Saskatchewan Inc. CEO Bill Doyle's claim that there is a "broad universe" of companies interested in making a rival bid to BHP's hostile $39-billion takeover offer.
ALBERT THE BEAR'S FOG WARNING
The structural bear market has not reached the end. We have long said that the de-bubbling process would end only when equities became very cheap and revulsion in equities as an asset class hangs in the air like a fog.
Perma-bear strategist Albert Edwards of Société Générale predicts the S&P 500 will sink to 450 - while grousing that for years his ideas have been "dismissed as the attention-seeking ravings of a lunatic."
MAYBE WE JUST NEED A MORATORIUM ON CHUCKLEHEADS
Some of the people making decisions on the Macondo well were acting like chuckleheads, and that was the problem. It was human error, it wasn't a systemic failure.
Louisiana Treasurer John Kennedy, who opposes the ban on deepwater drilling in the Gulf of Mexico, tells Bloomberg that the BP oil spill disaster wasn't a result of lax regulations.
SO IS THAT BETTER OR WORSE THAN BEING CALLED A VAMPIRE SQUID?
[With the]cruel character of a Manchurian tiger, the group creeps around the world, like a veteran hunter stalking its prey, when it smells blood it pounces!
In his Chinese best-seller The Goldman Sachs Conspiracy, financial journalist/conspiracy theorist Li Delin argues that Goldman Sachs is out to "kill China."
David Parkinson