The Five Dumbest Things on Wall Street This Week
1. On the Carb Side
Now that New York City Mayor Michael Bloomberg has apologized to the widow of diet guru Robert Atkins, you probably thought you had read the last about that brouhaha.
Yes, we were amused by Mayor Bloomberg's version of the Atkins diet -- namely, take a bite of the food served at a Dr. Atkins party, then spit it out into your napkin when no one's watching.
But we were more amused to see this crack example of content-targeted advertising on the CNN.com Web site. (Thank you, Joan Griffin, for pointing this out.)
After all, what better endorsement of Dr. Atkins' low-carb diet could there be than the New York City mayor's suspicions, rehashed in the story, that the doctor's dietary practices led to his death?A CNN.com spokesman says it isn't a contextually placed ad, but was just a random occurrence. Ah, the joy of random events.
2. Don't Say We Didn't Time Warner YouSpeaking of copyrighted material published by a unit of the world's largest media conglomerate... We were somewhat alarmed to hear comments made by Time Warner (TWX) CEO Dick Parsons at a meeting with analysts this Wednesday. Specifically, we're a little jittery about Parsons' discussion of a joint effort between Time Warner and Microsoft (MSFT) -- the world's largest and most powerful software company, in case you'd forgotten -- that may affect a teeny tiny portion of your life in the future. And what's that teeny tiny thing this Microsoft/Time Warner collaboration may affect?
|You've Been Warnered Before...
...about file sharing
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV