AOL Money & Finance

Giants posts

Feed

A "Giant" lesson for investors: In tough times, think defense

Awhile back, amid the subprime default fall-out, more-somber outlook for the U.S. economy and hence, the markets, yours truly suggested that investors increase the number of defensive stocks in their portfolios. In doing so I drew on a lesson offered by my late Uncle Nick, a lifelong New York Giants fan and season ticket holder. The wisdom:

In tough times, think established companies. Something, as my Uncle Nick would say, "As strong as the New York Giants' defensive front four." And I added that in case one hadn't noticed lately, the defensive front four of the Giants, also the favorite football team of yours truly, is still pretty good.

(My late Uncle Nick, of course, based his advise on the Giants' longstanding tradition of building a strong defense first, because, according to many revered football head coaches, Vince Lombardi and Bill Parcells among them, defense wins championships.)

Continue reading A "Giant" lesson for investors: In tough times, think defense

NFL to let networks run Patriots-Giants game

With the New England Patriots one game away from becoming the first team since the 1972 Miami Dolphins to go undefeated in the regular season, a showdown between the NFL's NFL Network and the networks was ready.

Saturday's season finale featuring the Patriots and the New York Giants was to be run exclusively on the NFL Network, which isn't carried by most cable operators. Blocking cable-watching fans from all over country from access to the fans would have given the league horns but, after receiving a letter from Massachusetts Senator John Kerry, the league has relented. The game will also appear on CBS Corp. (NYSE: CBS) and General Electric (NYSE: GE)'s NBC.

In a statement, NFL Commissioner Roger Goodell said the league made the decision to please fans: "We have taken this extraordinary step because it is in the best interest of our fans. What we have seen for the past year is a very strong consumer demand for NFL Network. We appreciate CBS and NBC delivering the NFL Network telecast on Saturday night to the broad audience that deserves to see this potentially historic game. Our commitment to the NFL Network is stronger than ever."

This has to score the NFL Network some major points in the PR battle between itself and the cable companies that refuse to carry its programming because of the league's huge pay requests. The NFL has a site where it urges fans to demand the NFL Network, and has wasted no time in posting the news of its generosity on that site.

The league also has a letter it wants you to send to your elected officials (who clearly have nothing better to do...) accusing cable companies of taking advantage of football fans.

Having perhaps played some small role in bringing the Patriots game to network television, John Kerry has accomplished far more than the man who beat him in the last Presidential election.

Symbol Lookup
IndexesChangePrice
DJIA-117.9710,346.43
NASDAQ-26.342,149.71
S&P 500-14.141,096.49

Last updated: November 27, 2009: 11:02 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance