Sunday, April 24, 2005

The Five Dumbest Things on Wall Street This Week

This week - Warren Buffet's poor returns; Coke's gallon pushing; the Martha Stewart-Sirius deal for an all woman's radio station; restated earnings at Doral - and the stock is down 70% this year; and Morgan Stanley cans a broker who asked a question during a Commerce Bancorp conference call - but it sounds like its all Philly politics, not commerce or conference calls.

Barr also gets this week's week's one liner "If you didn't know better, you'd swear the time was ripe for a Martha Stewart-brand portable satellite radio -- worn as an ankle bracelet. "