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- Media Meltdown Is Even Worse Than Markets [view article]
- Nine Months Later: Some Annual Predictions from the Financial Press [view article]
- Jim Cramer's 10 Predictions for 2008 [view article]
- AOL-Yahoo Merger Details Emerge; Deal Could Happen This Month [view article]
- Is the Time Ripe for an AOL - Yahoo Alliance? [view article]
- Big Tech Prepares for Big Layoffs [view article]
- Yahoo Shares Keep Falling: No Deals with Anyone? [view article]
- Wall Street Breakfast: Must-Know News [view article]
- The 20 Most Popular Websites [view article]
- The Most-Trafficked Financial Websites: Yahoo Continues to Lead [view article]
- News Pitch: Why To Buy News Corp [view article]
- For Yahoo and AOL, Will Opening Up Their Portals Be Enough? [view article]
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Media Meltdown Is Even Worse Than Markets [view article]
I think you confuse socialism and communism. Most of Europe has fairly socialist govs, same as australia and new zealand where i live.Sharing wealth in the sense of protecting all people by making education and health a right, not a privilege is the main difference between our successful soceties and yours. the usa is the richist but as a consequence of not caring about each other, you have the highest crime rates, esp violent, and people having their lives destroyed because they get sick.
Your current system has been torn apart due to greed and corruption, it is funny how the us gov always talks about other regimes as corrupt.
You want things to work, its easy, just give a shit about your neighboor in good times and bad and life is good. Don't, and enjoy high crime, poor health and poor levels of education. Reply
CFA
Media Meltdown Is Even Worse Than Markets [view article]
Markets & Obama's SocialismAt the end of 2006, we saw a real estate bubble burst. This affected credit and credibility for much of 2007 and, of course the stock market. It is understandable that any company that had business dealings with real estate and real estate credit would be in trouble as the Administration realized in late 2007. What no one, and I mean no one, understood the extent of the damage caused by derivatives and off-balance sheet debt, etc. I know quite a lot about this as I have been an investment professional for close to fifty years.
The past several weeks the situation much different and it has reach irrational. and maybe not, reasoning as wealth destruction accelerates around the world. There are investable and lendable funds available but no one wants to take the risk of investing when the leading candidate in the presidential elections wants to raise taxes on capital gains and dividends. When the leading candidate in the presidential election wants to institute socialized medicine and the leading pharmaceutical companies in the world, those that have nothing to do with real estate, are plunging to twenty year lows. Companies that have absolutely nothing to do with real estate and debt, in fact these companies are debt free themselves, are plunging because the leading candidate for the presidency of the Unitized States is a Socialist.
The magnitude of the market plunge the last several weeks has a direct correlation with Obama's strength in the polls. People want to hide their money from the government. I know I do. The Obama Administration will, admittedly, redistribute the wealth while McCain is silent. The media is silent. The Wall Street Journal is silent. Those who don't understand that the greatest destruction of wealth the world has ever seen is taking place in front of their eyes while a Socialist is seizing power, a power that will adversely affect the wealth and culture of this great nation.
A Socialist, well bred for this job by powerful forces in and outside of this country, will destroy the country that many of us have fought and worked so hard to protect. Do the left-wing journalist, academics and activists actually believe that they and the country will be better under Socialism? If they are that naive they should study what the demise of their fellow travelers was when Marx, Engels and Stalin ruled the Soviet Union. The wealth was distributed to the politically powerful statists and freedom of the press, education and national wealth was destroyed. Individual incentive and productivity plunged and, finally, the country became one large gulag. If you think it cannot happen here, you are in denial. This has been planned for decades and the powers to be, and Obama is just a pawn, will get what we let them take by, ironically, democracy.
Where is the anger?
Reply
Media Meltdown Is Even Worse Than Markets [view article]
New medi(ums). The internet is relatively new and has only recently become the new choice/medium for new generations to get their entertainment, news, and communicate with one another through. The "media" giants of the past are just that, giants of the past. The evolution of media will be boutique and once the new government gets in and liberalizes the airwaves and opens-up the doors of competition, we will see a slew of small start-up venues catering to specific class genres in society, e.g. hipsters, hiphop, old foggies, techies, etc... Advertising will be very centric rather than simply eccentric. Unless of course the genius of the Bush admin steps in to bail them out too. What the hell ever happened to the free market capitalism modo of the republican party? Failures are failures and should be left to the wind while new companies form off new ideas for new generations. The problem with the companies of older generations is that they are all being run by older people who are out-of-touch with the needs of young consumers. The perfect example would be Rick Wagoner of GM. ReplyNine Months Later: Some Annual Predictions from the Financial Press [view article]
Root Problem: FRE & FNM used up to 100x leverage, AIG & LEH used up to 30X leverage; and that's after the banks used up to 10X Leverage on financial debt. This has to be stopped. The root problem going back to 1912 has to be fixed.WWW.GrandfatherReport....
Richard Fuld, CEO of LEH, admitted to 30x leverage contributing to the problem.
Now I read on seekingalpha.com about FRE and FNM doing 100:01 leverage on their debt insurance.
Most investment banks were leveraged by a ratio of 30 to 1, and they were dealing with billions of dollars instead of thousands. Government sponsored mortgage giants Freddie (FRE) and Fannie were using leverage closer to 100 to 1, because of their supposedly stricter lending standards and implicit government backing.
seekingalpha.com/artic...
How can "we the people" know the root cause is being "fixed" if we don't know about the root cause. Most of the news is telling us the root cause is a lack of confidence about all those mortgages being paid as agreed.
And are we sure we understand what happens when 100:01 leverage is applied after the fractional banking reserve requirement is applied? Maybe if this subject needs a spotlight to get people's attention. Then maybe the "lack of confidence" could be better understood.
GrandfatherReport.Us Reply
Nine Months Later: Some Annual Predictions from the Financial Press [view article]
Root Problem: FRE & FNM used up to 100x leverage, AIG & LEH used up to 30X leverage; and that's after the banks used up to 10X Leverage on financial debt. This has to be stopped. The root problem going back to 1912 has to be fixed.WWW.GrandfatherReport....
Richard Fuld, CEO of LEH, admitted to 30x leverage contributing to the problem.
Now I read on seekingalpha.com about FRE and FNM doing 100:01 leverage on their debt insurance.
Most investment banks were leveraged by a ratio of 30 to 1, and they were dealing with billions of dollars instead of thousands. Government sponsored mortgage giants Freddie (FRE) and Fannie were using leverage closer to 100 to 1, because of their supposedly stricter lending standards and implicit government backing.
seekingalpha.com/artic...
How can "we the people" know the root cause is being "fixed" if we don't know about the root cause. Most of the news is telling us the root cause is a lack of confidence about all those mortgages being paid as agreed.
And are we sure we understand what happens when 100:01 leverage is applied after the fractional banking reserve requirement is applied? Maybe if this subject needs a spotlight to get people's attention. Then maybe the "lack of confidence" could be better understood.
GrandfatherReport.Us Reply
Nine Months Later: Some Annual Predictions from the Financial Press [view article]
Richard Fuld, CEO of LEH, admitted to 30x leverage contributing to the problem.Now I read on seekingalpha.com about FRE and FNM doing 100:01 leverage on their debt insurance.
Most investment banks were leveraged by a ratio of 30 to 1, and they were dealing with billions of dollars instead of thousands. Government sponsored mortgage giants Freddie (FRE) and Fannie were using leverage closer to 100 to 1, because of their supposedly stricter lending standards and implicit government backing.
seekingalpha.com/artic...
How can "we the people" know the root cause is being "fixed" if we don't know about the root cause. Most of the news is telling us the root cause is a lack of confidence about all those mortgages being paid as agreed.
And are we sure we understand what happens when 100:01 leverage is applied after the fractional banking reserve requirement is applied? Maybe if this subject needs a spotlight to get people's attention. Then maybe the "lack of confidence" could be better understood.
GrandfatherReport.Us
On Sep 17 01:17 PM kmca1989 wrote:
> yep - i'm getting spanked - having only invested @ august 1, i've
> still managed to catch up w/ the rest of the market's hideous downturn
> by being overly optimistic (and overweight) concerning financials. Reply
obsister
Jim Cramer's 10 Predictions for 2008 [view article]
there are no heroes. i thought this was a joke when he did it. i was right. but i really thought he knew it was a joke. ohwell, he could stil be right about the angry mortgage holders, and he is right about birdbrainnke. ReplyJim Cramer's 10 Predictions for 2008 [view article]
Freaking hilarious! You are wrong Jimbo! ReplyJim Cramer's 10 Predictions for 2008 [view article]
Well 10 months later and Cramer's picks perhaps have lost people a lot of money. Just goes to prove that even the so called smart guys don't know shi......... ReplyJim Cramer's 10 Predictions for 2008 [view article]
You forgot 2008 was year of natural gas. doh............I am starting to think Cramer doesn't mind making so many wrong calls because he seems to just feed off of attention, good or bad. Self absorbed or narcissist might be what you call it. He was saying sell everything in the morning then afternoon was saying load up on chocolate bars with almonds. He needs to go back to his winning ways......buy everything in a bull market and then call yourself a brilliant mind. Clearly the guru that was suppposed to guide "cramericans"... through the darkness forgot to fill his torch. It is getting harder and harder to even turn on Cnbc. They have so many "experts" yacking and sounding like puppets that are expert at calling things after the fact. Gee that sounds like reporting.....maybe if they would report and then shut up instead of predicting it would be more interesting but likely less entertaining for the masses. ReplyAOL-Yahoo Merger Details Emerge; Deal Could Happen This Month [view article]
What a futile merger that would be.YHOO to under $10 before end of 2008. Reply
smart
Is the Time Ripe for an AOL - Yahoo Alliance? [view article]
YHOO is going to hit 21.00^ within 3 weeks tops ReplyBig Tech Prepares for Big Layoffs [view article]
Seems to be just rumors so far. Any other sources? Google search didn't turn up anything current. ReplyJim Cramer's 10 Predictions for 2008 [view article]
These picks are down an average! of 29.98% into Oct. 7. Goes to show it's not what happens but how you sell it. ReplyYahoo Shares Keep Falling: No Deals with Anyone? [view article]
Whether they like it or not, their lack of strategy sucks. Their down stock is going to put pressure on the management. Google is the clear leader in search. They should not attack Google on search, they should try other avenues instead. Reply