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The Daily Dish - February 2, 2010

Abbreviated version of the Dish this morning.

In over seven years of writing “The Dish”, I don’t think I’ve ever recieved as much feedback as yesterday’s fish story generated.  I was besieged with a bevy of emails on black patch disease, goldfish care, and heart warming stories of the things people do for their children.

None were as great as this actual e-mail I got from my wife right around the time I sent it out yesterday though:

OK, I have had it with this fish!  It looks no better even with the medicine.  The water looked bad again today and I realized the filter stopped working b/c the stupid red and orange and yellow chips that kept moving when the fish moved clogged the filter!  So I again had to clean the tank out, remove all those chips and just use the blue marbles.  I better not be able to catch this fish disease!  I am done with this fish and do not care about the $40, I think it is just time to get rid of it and leave it at that.  I really do not think Nicholas will really care after a few days.  If you decide to keep the fish the tank cleaning is all yours!!!



The Oscar Best Picture nominations are out:

Avatar
The Blind Side
District 9
An Education
The Hurt Locker
Inglourious Basterds
Precious
A Serious Man
Up
Up in the Air

More on these in the coming weeks.

Quote of the day …

“You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.” ~ Abraham Lincoln

Market …

Markets are waiting on a pending home sales report this morning.  In advance of that, stocks and mortgages are flat.

Financial regulation will likely grab the spotlight again today, as former Fed Chairman Paul Volcker is slated to testify before the Senate Banking Committee at 2:30 PM EST.  Volcker is expected to press for restrictions on banks’ proprietary trading, in line with President Obama’s proposal last week.

News …

~ Key US Regulator Warns on Securitization Rules

http://www.cnbc.com/id/35197313

~ Obama to Unveil Aid Proposal for Small Businesses

http://www.cnbc.com/id/35194618

~ Bank of NY Mellon to Buy PNC Services Unit for 2.3 Billion

http://www.marketwatch.com/story/bny-mellon-to-buy-pnc-services-unit-for-23-bln-2010-02-02

~ Fifth Third Sued Over Overdraft Policies

http://news.cincinnati.com/article/20100201/BIZ01/2020344/1001/BIZ/Fifth+Third+sued+over+overdraft+policies

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