Commens From The Stock Masters

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By Douglas A. McIntyre Published
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Yesterday the finger pointing over the Subprime headache took a turn for the worst when U.S. Senators accused the Federal Reserve and its former chairman, Alan Greenspan, of a "pattern of neglect" that fostered a crisis in the mortgage industry. Forget the fact that he saved us from economic hardships during his tenure from 1987 to 2005, he’s the one to blame.
Even if he is to blame, imagine being in his shoes after serving and being reinstated by Presidents Ronald Reagan, Bush I, Bill Clinton, and Bush 2 Electric Boogaloo.
Breakin 2
Why take the blame when you can point fingers? Greenspan should have been a "Street Dancer" like Ozone. How would Ozone respond in a situation like this?
Ozone: Girls are whack, man!
Exactly, change the subject and pretend like you didn’t hear the question. But don’t feel Bad for Alan he gets paid $100,000 per speech. And on Sept. 17th he will have his memoir The Age of Turbulence: Adventures in a New World published by Penguin Press. The unit of Pearson reportedly paid him an $8.5 million advance for the book. Take that U.S. Senators!

Stock Tips Just like clockwork, Carl Icahn is urging Motorola (MOT) shareholders to vote him onto the company’s board at its May 7th shareholder meeting. Carl now has 2.7% of MOT shares and is playing Mr. Nice saying he only wants to be a shareholder and not fire everyone or force the CEO to leave – just like he did with Blockbuster (BBI).
Blockbuster fans are having a tough week and it’s only getting worse with Cramer giving his approval to dump shares as well.
BBI is down 5.6% for the week, MOT is down 2.3% for the week. The Ichan factor, its the real deal, good or bad

http://www.thestockmasters.com/index.asp

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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