Daily Archives: April 16, 2009

Quote Of The Day

“I think you, New Jersey, in your plan, at least from what I’ve read, has done more than, say, your brothers here in New York, where the Assembly goes up there and raises 8% spending and then jacks up a new tax in the middle of this recession. I mean, it’s, and I’m afraid that’s happening in more places than not because of the stimulus and New Jersey, I think you get an ‘A’ for what you’re trying to do.” 

Jack Welch talking to Governor Corzine on this mornings edition of CNBC’s Squawk Box

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Filed under CNBC, economy, Gov. Jon Corzine, Jack Welch, New Jersey, Squawk Box

States’ Budget Battle: Corzine on Sqauwk Box This Morning

Governor Corzine appeared again on CNBC’s morning finical show Squawk Box this morning. The Governor discussed the economy, President Obama’s economic initiatives and NJ’s budget situation. Former GE CEO Jack Welch also joined the discussion to throw in his two cents about New Jerseys budget woes, at one point though, he congradulated Corzine, givening him an “A” on the job that he has done so far to maintain a hold the States finances.

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Filed under Budget, Education, Gov. Jon Corzine, Jack Welch, New Jersey, Squawk Box

BREAKING NEWS: John Madden Retires From Broadcasting

It’s an end to an era, it is being reported at this minute that Hall of Fame football coach of the Oakland Raiders/ broadcatser extordonaire, John Madden has announced his retirement from broadcasting.
The 73 year old Madden, has been broadcasting NFL games for 30 years and has decided that enough is enough and that he wants to spend more time with his family. 
He’s going to be greatly missed, I have enjoyed spending time with him over the years as he broadcasted NFL games.
So far there has been no announcment by NBC Sports as to a replacement to sit alongsides Al Michaels in the booth during the upcoming NFL season.   

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Filed under Al Michaels, Broadcasters, coach, Hall of Fame, John Madden, NBC Sports, NFL, Oakland Raiders, retirement

Profit Down, but JPMorgan Tops Forecasts With $2.1 Billion First Quarter

Yet another sign that the worst may be over and the economy is on the rebound, JPMorgan has posted a profit for the first quarter of $2.1 billion. 

According to an article in the New York Times this morning, the bank’s profit, which was 40 cents a share, fell short of the nearly $2.9 billion, or 67 cents a share, it earned in the first quarter a year ago, but analysts estimated on average that the firm would earn 32 cents a share. Revenue rose to a record $26.9 billion from $17.9 billion, a 50 percent increase from the period a year ago.
Read more about it >>> Here

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Filed under economy, first quarter earnings, JPMorgan, TARP, The New York Times