[email_link] The markets have gone from “beyond oversold” into a massive move in just 6 days…4 of them on gaps. My abacus tells me about 75% of the move has occurred in non-trading. I guess after watching the wild swings since the lows in August, this could not be labeled unexpected as this is one…
[email_link] You may not have seen the show “Diary of a Single Mom” co-starring Billy Dee Williams, but your tax dollars helped pay for it. Through the federal economic stimulus program, a company owned by actor-director Robert Townsend was paid more than $230,000 to produce and direct the Web-based show, records show. Other production costs on the…
[email_link] When my husband was diagnosed in July 2009 with esophageal cancer — a disease with a 25% survival rate beyond 18 months — my initial instinct was to talk about inner strength. “You’re going to beat this,” I told him. “You’re strong. You’re healthy. You’re young.” I think I was trying to convince myself…
[email_link] It is with a great sense of disappointment that I write this. Like many others, I hoped that your election would bring a salutary change of direction to the country, despite what more than a few feared was an overly aggressive social agenda. And I cannot credibly blame you for the economic mess that…
[email_link] On Thursday, Dec. 1, the city’s de facto ban of the Happy Meal commences. San Francisco has accomplished what the Hamburglar could not. Or has it? In order to include a toy with a meal, restaurants must now comply with city-generated nutritional standards. Continued SOURCE
[email_link] Standard & Poor’s on Tuesday cut its credit ratings for many of the world’s largest banks, including Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and Bank of America (NYSE: BAC). The move follows S&P’s shift, announced earlier this month, in the methods it uses for rating the banks. Citigroup, Goldman Sachs and Bank of America Corp. each…
[email_link] President Barack Obama pressed European Union officials on Monday to act quickly and decisively to resolve their sovereign debt crisis, which the White House said was weighing on the U.S. economy. After meeting European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso, Obama said he was keen to see the euro…
[email_link] U.S. Airways said they are standing by their decision not to refund money for tickets purchased by a woman diagnosed with terminal breast cancer. Lynn McKain and her family had purchased five round-trip tickets earlier this year to Belize. The dream trip was booked after she had been cleared of breast cancer. However, she…
[email_link] Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier, Bear Stearns Cos. had sold itself for just $10 a share to JPMorgan Chase & Co. (JPM) Now, amid tumbling home prices and…
[email_link] More to come. httpv://www.youtube.com/watch?v=RWsx1X8PV_A
