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New York, 6:10 PM
Tue Dec 8
47 posts in the last 24 hours

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  • posts about #personalfinance more →

    Michael Jackson's Doctor Is A Bankrupting Sketchball

    Slate Badmouths Its Own Suze Orman Takedown

    How Tao Lin Made A Quick Twelve Grand Selling A Novel He Hasn't Written!

    Pulitzer-Winning Wall Street Expert Just As Dumb As You With Money

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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of Uncle_Billy_Slumming Uncle_Billy_Slumming
    06/28/09

    In reply to Michael Jackson's Doctor Is A Bankrupting Sketchball
    He and Anna Nicole Smith's Howard Stern should grab a bite sometime, eh.
     Reply
    Uncle_Billy_Slumming was starred Uncle_Billy_Slumming was unstarred
    Image of DorothyBarker DorothyBarker
    06/27/09

    In reply to Michael Jackson's Doctor Is A Bankrupting Sketchball
    I knew weirdness would emerge about this guy. Quack, who knows, but it sure starts to make sense that a doctor deep in debt would be the only one who agrees to be the personal physician to a drug addicted millionaire recluse. And now that '4 hour physical/clean bill of health' has to be in question too. Clearly, it was in the doctor's best interest to say MJ was well enough to go on tour--he was being paid by the tour promoters. Whole thing is just a sad, sad shit storm of money and ego.
     Reply
    DorothyBarker was starred DorothyBarker was unstarred
    Image of lawyergay lawyergay
    06/27/09

    In reply to Michael Jackson's Doctor Is A Bankrupting Sketchball
    Dr. Demerol might be a "sketchball," but going bankrupt is not one of the reasons.
     Reply
    lawyergay was starred lawyergay was unstarred
    Image of Foster Kamer Foster Kamer
    06/27/09

    @lawyergay: No, the fact that he was MJ's personal doctor makes him a sketchball.
     Reply
    Foster Kamer was starred Foster Kamer was unstarred
    Image of jasonelias jasonelias
    06/27/09

    In reply to Michael Jackson's Doctor Is A Bankrupting Sketchball
    He's been married, divorced, his name is Conrad. BUZZ! eHarmony: Rejected!
     Reply
    jasonelias was starred jasonelias was unstarred
    Image of Sargasm Sargasm
    06/27/09

    In reply to Michael Jackson's Doctor Is A Bankrupting Sketchball
    How quirky for a cardiologist to be clutching his left arm in his publicity photo.
     Reply
    Sargasm was starred Sargasm was unstarred
    Image of SarahHeartburn SarahHeartburn
    06/27/09

    In reply to Michael Jackson's Doctor Is A Bankrupting Sketchball
    While I'll admit the running out on child support is sucky, I do think the term "Divorcee" (which, given the company it keeps in the sentence seems perjorative), is a trifle quaint.
     Reply
    SarahHeartburn was starred SarahHeartburn was unstarred
    Image of SaraRueful SaraRueful
    06/27/09

    @SarahHeartburn: And should only have one e, with an acute accent (unless there's SOMETHING ELSE -- gasp! -- we don't know?!?!).
     Reply
    SaraRueful was starred SaraRueful was unstarred
    Image of aLostLady aLostLady
    06/27/09

    @SarahHeartburn: The "divorcee" in the headline sealed the deal for me on his shady nature. I was launched back into the '50s and morally crucified him in my mind.


    Hellfire! Brimstone! Divorce!

     Reply
    aLostLady was starred aLostLady was unstarred
    Image of SarahHeartburn SarahHeartburn
    06/27/09

    @aLostLady: Right. Next we'll be finding out he had a "love child", "love nest", or some such shame.
     Reply
    SarahHeartburn was starred SarahHeartburn was unstarred
    Image of Foster Kamer Foster Kamer
    06/27/09

    @SarahHeartburn: You guys are right. Duly noted. I've reverted to 10th Grade slang instead.
     Reply
    Foster Kamer was starred Foster Kamer was unstarred
    Image of PandoraSpocks PandoraSpocks
    06/27/09

    @Foster Kamer: How about student loan defaulting, mortgage evading, malpracticing deadbeat dad who got his diploma out of a box of Froot Loops? That has a nice ring to it.
     Reply
    PandoraSpocks was starred PandoraSpocks was unstarred
    Image of jasonelias jasonelias
    06/27/09

    @Foster Kamer: Well sketchball is better than dillweed.
     Reply
    jasonelias was starred jasonelias was unstarred
    Image of TigerTail TigerTail
    06/27/09

    In reply to Michael Jackson's Doctor Is A Bankrupting Sketchball
    MJ had a lengthy history of associating with con artists and quacks. Who better to get you the drugs you want and claim you need? "Doctors" Farshchian, Sebi, the phony Saudi princess who conned MJ, it goes on and on.


    When someone told MJ no, he cut them out of his life and looked for someone who'd tell him yes. He wanted to do what he wanted to do and to hell with anyone telling him otherwise.

     Reply
    TigerTail was starred TigerTail was unstarred
    Image of katekate is squared katekate is squared
    06/27/09

    @TigerTail: Sounds like an addict to me.
     Reply
    katekate is squared was starred katekate is squared was unstarred
    Image of Tart of Darkness Tart of Darkness
    06/27/09

    @katekate is squared: Yep.
     Reply
    Tart of Darkness was starred Tart of Darkness was unstarred
    Image of ChillbearLatrigue ChillbearLatrigue
    06/27/09

    In reply to Michael Jackson's Doctor Is A Bankrupting Sketchball
    Doctors are the new lawyers.
     Reply
    ChillbearLatrigue was starred ChillbearLatrigue was unstarred
    Image of Uncle_Billy_Slumming Uncle_Billy_Slumming
    06/27/09

    @ChillbearLatrigue:


    Lots of new lawyers out there. Here it is, the most important summary of how fucked we are, to date:


    [zerohedge.blogspot.com]

     Reply
    Uncle_Billy_Slumming was starred Uncle_Billy_Slumming was unstarred
    Image of skahammer skahammer
    02/10/09

    In reply to Slate Badmouths Its Own Suze Orman Takedown
    It's quite surprising to see all these Gawker commenters claiming to be satisfied customers of Suze Orman's. What exactly do you suppose is going on here?
     Reply
    skahammer was starred skahammer was unstarred
    Image of Lizawithazee Lizawithazee
    02/10/09

    In reply to Slate Badmouths Its Own Suze Orman Takedown
    So, investing in leopard print futures wasn't a good idea?
     Reply
    Lizawithazee was starred Lizawithazee was unstarred
    Image of sample032 sample032
    02/10/09

    In reply to Slate Badmouths Its Own Suze Orman Takedown
    "But dollar-cost averaging - steadily investing in the stock market over time as prices rise and fall - is generally regarded as better than the alternative, which is trying to time the market"


    No. The alternative is all in once you have the money (this is why a 401k isn't DCA; you don't have the money). When people do the math on DCA, they find all it doesn't help because you generally miss out on gains.


    [moneycentral.msn.com]

     Reply
    sample032 was starred sample032 was unstarred
    Image of sample032 sample032
    02/10/09

    @sample032: And isn't dollar cost averaging timing the market, anyway? If you thought it was going up, you'd buy everything today. Dollar cost averaging is "I think I should invest, but I'm scared that it will go down." (Hint: maybe you're in the wrong asset class if you're worried)
     Reply
    sample032 was starred sample032 was unstarred
    Image of Owen Thomas Owen Thomas
    02/10/09

    @sample032: I read that study. It generated its figures by looking at a pretty atypical period in the market (1996-1999), which just shows how easy it is to lie with statistics.
     Reply
    Owen Thomas was starred Owen Thomas was unstarred
    Image of gladys_kravitz gladys_kravitz
    02/10/09

    In reply to Slate Badmouths Its Own Suze Orman Takedown
    Bad clothing choices aside, I love Suze. She tells it like it is to people who need to hear it. Have you seen her "Can I afford it?" segment on her CNBC show? The idiocy of most people is astounding. Like, I make $45k a year have a $2k/mo mortgage payment and $30k in credit card debt. I want to take a first class trip around the world.....um, no, you cannot afford it.


    Also, John Belushi's wife was her college roommate. I think she's a cool lady.

     Reply
    gladys_kravitz was starred gladys_kravitz was unstarred
    Image of SidAndFinancy SidAndFinancy
    02/10/09

    In reply to Slate Badmouths Its Own Suze Orman Takedown
    Looks like Orman was advocating dollar cost averaging of a particular stock, which can be throwing good money after bad, if for example you thought, "I bought a lot of pets.com stock at $150, but now if I buy a lot more at $1.50, my average cost will be significantly lower!"


    The BizBox author is talking about investing in the market as a whole, e.g., via mutual or index funds through one's 401(k).


    Different animals.

     Reply
    SidAndFinancy was starred SidAndFinancy was unstarred
    Image of Carol Gardens Carol Gardens
    02/10/09

    @SidAndFinancy: I've heard her talk about dollar cost averaging with ETFs and other investments aside from individual stocks.
     Reply
    Carol Gardens was starred Carol Gardens was unstarred
    Image of Botswana Meat Commission FC Botswana Meat Commission FC
    02/10/09

    In reply to Slate Badmouths Its Own Suze Orman Takedown
    Is "meta-contrarian" a word yet?
     Reply
    Botswana Meat Commission FC was starred Botswana Meat Commission FC was unstarred
    Image of Eleanor Ramilly Eleanor Ramilly
    02/10/09

    In reply to Slate Badmouths Its Own Suze Orman Takedown
    She almost looks like Ted Danson in drag. And that's a good thing.
     Reply
    Eleanor Ramilly was starred Eleanor Ramilly was unstarred
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