General Motors

This year's new gift idea: Stock for stocking stuffers

I was at a party the other night -- yes, Virginia, there are still Christmas parties -- and I asked my friend Steve what he might be getting his friends and loved ones this festive  season.

"Well," he said, "I was thinking about getting them stock in some really great companies. You can get some incredible deals right now."

I thought this was pretty brilliant. I asked him how he came to this MORE

The great myth of Main Street

One of my very hostile but articulate readers, Mike from Spokane, gives me both barrels between the eyes this morning. I think Mike thinks I won't publish it, because I'm a panty-waist business type swilling gin at breakfast. Here's what he says:

Bing…with all due respect (as you recently stated to me), you have no idea what you're frigging talking about. You, and corporate America, are so far removed from the MORE

A tip of the market cap to...

Bed Bath & Beyond's market cap is a little under $8 billion. GM's is a little over $6 billion. How could the Market value a great, crucial behemoth like General Motors less than a place that sells sheets, towels and George Foreman grills?