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...look at financials going forward? It's difficult. We avoided much of this mess, and we've tried to limit our exposure to the banks. We've dipped our toe in the water a few times now. USBancorp, I think, will be a survivor and will thrive. But we've got quarters of difficulty. The hardest part of this is figuring out when people will start looking beyond the near-term. We've tried to take small steps into the riskier stuff. We ended up buying Bank of America again, since that worked out so well for us last year...
What about the market more generally? I'm a valuation guy. I look at P/Es and things like that to tell me where the market is. As you get near the bottom of these things, that tends to be where valuations are attractive. I'd move away from the staples and pharma and into the more cyclical names. I'm looking forward to doing that. We've been looking for an opening, and we hope to get it in the next six months. But if I'm wrong, then maybe it will be the six months after that...
...Division of Enforcement, and editor of online securities enforcement publication, Securities Docket. "Tweaking policies won't replace more manpower and training," says Carton. "It's one thing to have more enforcement people on the ground, but they have to be trained to know what to look...
These challenges to addiction orthodoxy come along as scientists and sufferers alike continue to look for a faster fix for substance abuse. New York cardiologist Dr. Olivier Ameisen -who now lives in France but remains a visiting professor at the State University of New York - has authored a new book describing his recovery from alcoholism, which was achieved with the aid of a common drug called baclofen, a muscle-relaxant designed to prevent the spasms behind a range of conditions from hiccups to multiple sclerosis symptoms. The claim is drawing a lot of attention, but it is too soon...
...Fischel's procedure does not give as complete a look at a potential child, since it relies on only half the chromosomes that make up that profile. But it comes close enough that the work as a whole is being overseen by the U.K.'s Human Fertilization and Embryo Authority, a government watchdog group. The agency is generally supportive of the procedure and indeed has been looking for a way to reduce the incidence of multiple births among IVF families. Nonetheless, the fact that there is a moral cop on the beat gives some comfort to the procedure's critics...