Welcome, investors, to "Breakfast With the Fool." You're just in time -- and in luck! It's Omelet Day, and today we have a whole mess of toppings for your culinary pleasure. Take your pick, grab some coffee, and let's skim through the morning papers together.
What intrigues me about this deal isn't its rationale (getting a leg up on IBM
Hmm. Maybe both?
Bernanke's funny feeling
And speaking of queasy feelings, maybe whatever HP has come down with is catching. Appearing at a conference yesterday, Federal Reserve Chairman Ben Bernanke opined that conditions in the financial markets are still "far from normal." (Um, duh.) Specifically, Helicopter Ben is concerned that despite his multiple monetary airdrops, "pressures in short-term-funding markets persist."
To which this Fool replies: Good. Seems to me it was manic lending that got us into this fix in the first place. It's about time banks started showing a bit more banker-like reserve.
I'm rubber. You're glue.
In other news, a legal brouhaha is a-brewing over in dot-com land between classified advertiser Craigslist and minority shareholder eBay
I just flew in from San Diego, and boy, is my rear end tired
And finally, in line with yesterday's story about one irate flyer who's suing JetBlue
Air Transport Association Chief Executive James May blames the softer U.S. economy for the softer numbers, but is this more of a marketing question? Maybe Delta
If they do, remember to read the fine print.
For a side of knowledge: