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Captain's Blog, Stardate: 3/3/08 THE SHOW: Are we having fun yet? Me neither. My old pal Deep Blue keeps writing me about various stocks and such that might have upside, but then acknowledges it's hard to imagine much of anything working this year. Except cash, and you better hope that's real cash and not some sort of 'cash equivalent.' Still, there will be winners and losers. I'm sorry I know there will be fits and starts but I really don't see the non-dollar commodity run crashing on us. (See Buffett, Warren on the Brazilian real.) Gold is the new greenback kind of deal....Kudos to hedge fund manager Phil Goldstein who is suing the S.E.C. to lift its ban on advertising. It's just garbage that the hedgies can't do this, and garbage that they can't publically release their returns either. (We all find out, anyway.) All of this is just a holdover from when hedge funds were a tiny, exclusive slice of the financial services pie. Newsflash: they no longer are! Goldstein told the FT: "gun shops are allowed to advertise, the Massachusetts state lottery is allowed to have a website. We want to be treated like any other business." Now obviously there has to be a limit on hucksterism here, but mutual funds and broker dealers abide by those types of limits just fine. Bring on the hedgies I say!......Guess Jarrett Lillien didn't get the brass ring at Etrade. (Don Layton, formerly of JP Morgan Chase did.) How often do 'acting' heads ultimately get the job?.......Questions: Is Dell over? Is Google over? Is Facebook over before it started? See what some nasty economic weather can do to your brain! Publ.Date: Mon, 03 Mar 2008 17:44:05 EST Source: CNN.com Tonight's big NFL game most can't see Michigan-Ohio State. Yankees-Red Sox. Duke-North Carolina. Cowboys-Packers. When bitter sports rivals backed by massive resources face off against one another, fans are typically the winners. Publ.Date: Thu, 29 Nov 2007 11:59:00 EST Source: CNN.com Captain's Blog, Stardate: 12/17/07 ON CITI AND MERRILL: Take a step back and think about the removal of Chuck Prince and Stan O'Neal and the ascension of Vikram Pandit and John Thain at Citi and Merrill respectively. Talk about tradin' in and tradin up! No question both institutions end up with much better CEOs. Publ.Date: Mon, 17 Dec 2007 11:55:09 EST Source: CNN.com Ohio State beats LSU... There has never been a better year for upsets in college football than 2007. But there's one place where the traditional powerhouses still dominate -- in the rankings of revenue and profits. Publ.Date: Fri, 04 Jan 2008 13:46:24 EST Source: CNN.com Captain's Blog, Stardate: 1/23/08 DAVOS: Given worldwide financial jitters, I think the sense of urgency at Davos is palpable. If there was ever a need to have an intelligent truly global debate, it is now. The issues here are pressing and real-time. Attendees from outside the U.S. are feeling penalized, and there is real concern that the U.S. doesn't have the leadership to respond properly, and that that response may become overly political given the ongoing campaign. Publ.Date: Wed, 23 Jan 2008 12:17:25 EST Source: CNN.com

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