Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

You Can't Make this Up

Chutzpah Redefined

According to London's Observer newspaper, Goldman Sachs is on track to pay out record bonuses to their executives this year. Based on the first half of the year, this could be the best year ever for Goldman. So, let me get this straight, Goldman repays taxpayer TARP monies last week ($10 billion, but who's counting), and now they are purposely floating the idea of huge bonuses to see how it will fly. If AIG had failed, or if the government had not stepped in, Goldman would have been toast. Now they are the toast of Wall Street, with the outrageous bonuses to prove it.

Diamonds
AT&T gained 11 cents in day for dogs, as the Nasdaq dropped over 3% on the session. T is being helped by the 3G I-phone debuting with over 1 million sold. T finished at $24.15

Dogs
You name it, stocks were dogs today, for the second Monday in a row. Oil stocks were hammered as oil prices fell hard, over $2 per barrel. Volume is weak and the bulls are starting to tan at the beach or maybe were too pre-occupied by the US Open finish on TV in trading rooms all over the country.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.