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California Unemployment at 10.1%, Highest in Quarter Century
If you include all the people off the rolls and underemployed, you would get 35% easy.— February 28, 2009 9:45 p.m.
If Common Shareholders Are Wiped Out in Fannie/Freddie Bailout, Brandes Could Take Another Hit
Getting worse and worse for Brandes. They truly suck of late. About 1/3 of their stocks are headed for bankruptcy. I guess more planning went into that elaborate halloween ball than investments.— February 28, 2009 9:43 p.m.
California Unemployment at 10.1%, Highest in Quarter Century
Will be 20% in a year and rampant crime and homelessness.— February 27, 2009 2:39 p.m.
San Diego Home Prices Still Plunging, but There Are Some Signs of Moderating Declines
Option Rate ARMs are coming later this year thru 2012...next wave of foreclosures and plunge. Carlsbad and San Marcos are especially vulnerable to these loans. Look for price declines of 30% or more there from here.— February 26, 2009 11:04 a.m.
Maybe Victims of This Scam Should Be Locked Up, Too
You could argue that some of these so-called value managers that have lost 75% like Legg Mason Value and Brandes US VALUE should be shut down by the regulators as they are not doing what they claim..."being conservative by buying value".— February 24, 2009 9:11 p.m.
Maybe Victims of This Scam Should Be Locked Up, Too
Sad that America is now viewed worldwide as a nation of crooks. Foreigners are fleeing our markets as they don't trust them after the Madoff scandal.— February 23, 2009 9:21 a.m.
Kodak Down 5%. Brandes Takes Another Hit
Reply to #14 - A dart throwing chimp could have done better than this. Truly lousy managers here. An embarrassment to claim they "know" some method of investing that is worth their huge fees. Well, only a 100% return followed by a 100% return to get back to even. UGH!— February 22, 2009 8:25 p.m.
Japan's 12.7% Quarterly Economic Plunge Stuns World
Reply to #2 - Nationalization is not the answer. Why own a stock or bond if the Govt is going to come in and seize your company and wipe you out? This would destroy liquidity. Also, a report says Nationalization may leave Warren Buffet;s Berskshire insolvent. He is now down $10 Billion on his SHORT PUT trade and has lost a fortune of late in Wells Fargo and USBancorp, not to mention the recent buy of GE.— February 21, 2009 9:56 a.m.
Kodak Down 5%. Brandes Takes Another Hit
Reply to #12 - Really? I am curious to which numbers you think are good? You can subtract another 30% on US VALUE and 20% on INTL since December. Would you put any money there personally?— February 21, 2009 9:52 a.m.
Brandes Investment Partners Still Underperforming Sharply, Losing Clients
Reply to #36 - He seems right. Don, I ruined my life by investing in this market with this insanity Graham and Dodd crap. I am ruined. To top it off my kid's college money was spread out among 4 funds at Baron Capital, another value guy who has been crushed. I am just sick!— February 20, 2009 7:58 p.m.