Friday's Blog Watch

Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs.

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Investment Ideas bullet-points his pessimistic view of GM (GM Quote).

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Icahn gets more active on ImClone (IMCL Quote). And here's a look at all of Carl Icahn's recent holdings.

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In its continuing series on the 10 worst managed companies, 24/7 Wall Street looks at Eastman Kodak (EK Quote) and H&R Block (HRB Quote).

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Great blog posts from Benchmark VC Michael Eisenberg about what a Facebook acquisition means for Yahoo! (YHOO Quote), and more analysis of Yahoo!'s recent warning.

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Ticker Sense looks at what typically happens in the stock market in the fourth quarter of a midterm election year.

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TechCrunch observes that Napster (NAPS Quote) is for sale, but it's not necessarily the sale of a healthy company.

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Special Situations is looking for opportunity in the delisting of Take Two Interactive (TTWO Quote).

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Quant Investor weighs in on the worst mutual funds. Some of those beasts are ugly!

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PaidContent underlines once again how the unnoticed Internet acquisition of the century (after News Corp. (NWS Quote) buying MySpace) is Scripps' (SSP Quote) acquisition of Shopzilla.

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Uber ex-analyst Henry Blodget demonstrates that Yahoo!'s warning will definitely drag down Google (GOOG Quote).

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ETF Trends looks at the Leisure ETF (PEJ Quote) and suggests it might be a buy now.

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24/7 Wall Street asks if Wal-Mart (WMT Quote) is now a generic-drug company.

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In one of the more esoteric linkages I've ever seen, CXO Advisory compares ethnopharmacology with technical analysis.

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Classic Bill Gates video.