tag:blogger.com,1999:blog-14963913.post4622083074235148103..comments2023-10-27T20:27:57.900-04:00Comments on Kid Dynamite's World: What I'm Reading TodayKid Dynamitehttp://www.blogger.com/profile/17475987512856310577noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-14963913.post-45229956279039609432009-05-05T16:28:00.000-04:002009-05-05T16:28:00.000-04:00Exactly, why does everyone care what this all know...Exactly, why does everyone care what this all knowing Barnanke predicts....?<br /><br />On February 28, 2007, Bernanke told the House budget committee that he didn’t consider the housing downturn “as being a broad financial concern or a major factor in assessing the state of the economy.” He maintained an upbeat tone over the next several months, during which two large subprime lenders, New Century Financial Corp. and American Home Mortgage, filed for bankruptcy, and the damage spread to Wall Street firms that had invested in subprime securities.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14963913.post-50495266327017406352009-05-05T14:20:00.000-04:002009-05-05T14:20:00.000-04:00i also liked these two reports this morning on MGM...i also liked these two reports this morning on MGM:<br /><br />"MGM Mirage (MGM Quote) estimates reduced at Barclays through 2010. Bookings are improving, but on lower prices. Balance sheet issues also remain. Equal-weight rating and $1 price target.<br /><br />MGM Mirage (MGM Quote) upgraded at Merrill/BofA from Underperform to Buy. $15 price target. Focusing on names with the highest beta and deepest cyclicality."<br /><br />i happen to agree with BarclaysKid Dynamitehttps://www.blogger.com/profile/17475987512856310577noreply@blogger.com