Wed July 23, 2014   NY Fed Finds Problems at Deutsche Bank   n a letter to the German lender's executives last December, a senior official with the New York Fed described financial reports produced by some of the bank's U.S. divisions as "low quality, inaccurate and unreliable", said one of the sources, who is…

Friday July 11 2014 Kirk Tuck has published his first fiction novel The Lisbon Portfolio. It is  a mere ten bucks as a Kindle download on Amazon. I really liked it, my review posted on Amazon follows. Swimmer, photographer, Dad, Husband, Blogger (the visual science lab) Kirk Tuck now adds another notch to his accomplishments, action adventure…

Wed July 2, 2014 We have discussed the end of the world condition for Radio Shack. Now even JCP bonds look better by comparison. With no good will left, and bonds trading at 30% yield to maturity, it looks like investors don't think RSH will make it. Another brick and mortar electronic retailer bites the…

Wednesday July 2, 2014 It's been a long rally without interruption. Here is just how long. As always the technical indicators are all pointing up, and over bought. I examined two stocks whose charts looked good yesterday. But neither Pandora P nore Westport WPRT have made any money in the last three years, where is the…

Monday June 30 2014 This weekend I wrote a spoof on the efforts of those now in downtown San Antonio to get the rest of us to move there. The same thing was happening in Odessa, TX when  a new mayor was elected there in the 1990s. Same story, City Hall and the news paper,…

Sunday June 29, 2014 Pat DeGiovanni, CEO Centra San Antonio Don Frost, President Frost Bank Dear Pat and Don, I read your Big Dreams Still Attainable piece in the Opinion section of the Express-News Sunday. I see you are still beating the drum for the ‘community vision for downtown.’  Well frankly guys, if you define…

Friday June 27, 2014 Hillary Clinton claims the famous couple was broke when they left the White House. Well that is not the case now. Harry Truman, a former President admired by both parties, never made a dime off being President. He retired to Missouri, never taking money for a speech as the former President, ie,…

Thursday June 26, 2014 For the first time since the 1970s the US will be exporting oil. This is a result of increased production in the  Shale areas of ND and South Texas as well as the Permian Basin.  What could go wrong?  Glad you asked. Valero VLO dropped 8.3% on over 4x normal volume. Why?…

Monday June 23, 2014 Rackspace RAX is hte start up success sory of San Antonio. BUt success atracts competition. And that is coming from big boys with deep pockets like Google and possibly Amazon. And so the stock price has dropped from its all time high of 80 to the low 30. RAX has hired J…

Thursday June 12, 2014 I ran across this gizmo on the net, and it looks like this guy has a neat idea. There are lots of portable multi tools around but they are bulky, not this one. Check it out at pocket monkey on You Tube.