Jared Dudley on Twitter: LeBron to the Knicks

Jared Dudley on Twitter announced today:

Breaking News!!! My sources tell me Lebron will announce that he will be goin to the NY KNICKS tomorrow on ESPN.. This is serious.. WOW!!!!

Then Jared followed that up with this tweet:

That’s what I’m hearing.. I don’t care where he goes lol.. I personally thought he would stay in Cleveland..

Now anyone can post on their twitter account that they know where LeBron is going, but this seems especially newsworthy because former Phoenix Sun Amar’e Stoudemire signed with the Knicks on Monday and may have been the source for the LeBron is going to the Knicks news. Now that last sentence is purely speculation on my part, but it would definitely make since.

LeBron will make an official announcement on Thursday, but I expect the news will leak out before his press conference at 9 EST.

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  • Smith in the attached clip. Speaking scpicfieally of former MF Global head Jon Corzine Smith says, You’re talking about an ex-Goldman (GS) CEO, ex-U.S. Senator, New Jersey Governor taking a company and playing roulette with it. Noting that the lawyered up Corzine is likely to lay low for as long as possible, Smith speculates that Corzine was trying to take a fledgling company and essentially rolled the dice in an effort to make MF a player in financial circles. Did Corzine do anything illegal? I’m not sure. Was he bad manager? I’m 100% sure of that, says Smith.The concern here about MF isn’t making sure a bad guy gets caught. Criminals go free all the time; even on Wall Street. The issue is one of trust in financial markets. Without trust you can’t have markets and it’s getting ever more difficult to defend this system against accusations of rampant corruption.Smith, who helps manage over $6 billion says distrust in the system is resulting in investors voting for other asset classes with their feet, regardless of traditionally compelling valuations. Almost three years off the trough of the recession we’re some 100 percentage points off the March 2009 lows yet we have sentiment and confidence that is reflective of where we were three years ago, he states.Would the Department of Justice getting involved in the case of MF Global restore trust? Not in and of itself, but it would be a baby step. $1.2 billion in client funds has gone to money heaven and MF Global had it last. You don’t need to be a $1,500 an hour lawyer to know a crime has been committed.If we can find politicians and prosecutors with the guts to enforce existing laws then maybe, just maybe, we’ll be able to start building trust between Main Street and the financial industry.

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