Soros Says Bad Bank Plan Wont Help Increase Lending

Jan. 28 (Bloomberg) — Billionaire investor George Soros talks with Bloomberg’s Erik Schatzker about the Obama administration’s plan to buy toxic assets from U.S. banks. Soros also discusses the impact of lower oil prices on Venezuela, Iran and Russia. They talk at the World Economic Forum in Davos, Switzerland. (Source: Bloomberg)

Timothy Sykes – View on Current Economy

Cramer – Bullish on Coal

Cramer is bullish on coal and thinks coal isn’t going anywhere anytime soon.
NYSE: KOL – Market Vectors-Coal ETF
NYSE: BTU – Peabody Energy Corporation
NASDAQ: JRCC – James River Coal Company

Ron Paul Criticizes Bailout Again …

.msnbcLinks {font-size:11px; font-family:Arial, Helvetica, sans-serif; color: #999; margin-top: 5px; background: transparent; text-align: center; width: 425px;} .msnbcLinks a {text-decoration:none !important; border-bottom: 1px dotted #999 !important; font-weight:normal !important; height: 13px;} .msnbcLinks a:link, .msnbcLinks a:visited {color: #5799db !important;} .msnbcLinks a:hover, .msnbcLinks a:active {color:#CC0000 !important;}
Visit msnbc.com for Breaking News, World News, and News about the Economy

Cramer – Interviews McDonald’s CEO

MCD plans to invest $2.1b to open 1,000 new resaurants and reinvest in existing locations. JIm Skinner has been with the company since 1971.

AMEX Earnings – Q4 Profit Down 79%

Here’s a peak as to the next financial crisis, credit card defaults.  People couldn’t get any more HELOCs so they started using credit cards to pay for purchases they could not technically afford or only afford “if” they had a job in the future.
DOW JONES NEWSWIRES
American Express Co. (AXP) reported a 79% drop in fourth-quarter [...]

Netflix Earnings – Profit up 45% in Q4 + 10 million subscribers

Netflix Inc.’s (NASDAQ: NFLX) fourth-quarter earnings jumped 45% percent to nearly $23 million, or 38 cents per share, which surpassed analysts’ estimates. Revenue in the period rose 19% to $360 million. The company ended 2008 with 9.4 million subscribers, a gain of 718,000 customers from the end of September. Shares fell $0.29, less than 1% [...]

Cramer – Time to Double Down on China

Although investing in FXI (iShares FTSE/Xinhua China 25 Index) is an easy way of investing in China, I prefer creating my own portfolio that also includes some of what the FXI is composed of.  Some China stocks I like are: CHL (China Mobile), JRJC (China Finance Online), SNDA (Shanda Interactive Entertainment Ltd), PTR (PetroChina Company [...]