godoftrading / Profile

NEW YORK (MarketWatch) -- If Ken Lewis is telling the truth -- and he'd be foolish to lie to New York State Attorney General Andrew Cuomo -- then Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Henry Paulson were more than

BOJ's Shirakawa says conditions to deteriorate Central bank governor warns Tokyo gathering that economy is worsening HONG KONG (MarketWatch) -- Bank of Japan Gov. Masaaki Shirakawa said Friday the Japanese economy is worsening and the downturn has

William K. Black was the senior regulator during the S&L crisis, and an Associate Professor of Economics and Law at the University of Missouri (bio). Black says that massive fraud is what caused the economic crisis. As one example, he explains that

Stock Decline Hits Depression Levels - BusinessWeek Unless one likes to lose 50% of their money over a 10 year period.... Mr. ¨Vanguard¨does not look so smart afterall

Banks’ Hidden Junk Menaces $1 Trillion Purge Banks? Hidden Junk Menaces $1 Trillion Purge: David Reilly - Bloomberg.com Commentary by David Reilly March 25 (Bloomberg) -- The U.S. government wants to clear as much as $1 trillion in soured loans

U.K. house prices fell at the slowest pace in 10 months during March, suggesting the housing slump may be reaching a bottom, Hometrack Ltd. said. The average cost of a home in England and Wales declined 0.6 percent from February to 156,100 pounds

The world's best trading desk during the latter half of 2008 belonged to Porsche Automobil Holding, as the automaker made a 5.55 billion euro ($7.3 billion) profit over six months in large part by catching out those who bet against Volkswagen

The new head of General Motors Corp. said Tuesday the company may need to shutter more plants, launch a new buyout program for workers and extract deeper concessions from the company's union and bondholders to survive. Fritz Henderson, installed

Senators Kaufman, Isakson, Tester, Levin, Chambliss, and Specter have submitted a joint letter to SEC Chairman Mary Schapiro expressing concern over the SEC Division of Enforcement response to the OIG investigation into the SEC's handling of naked

March 24 (Bloomberg) -- Deutsche Bank AG Chief Executive Officer Josef Ackermann said Germany’s biggest bank had a “good start” to the year and expects to return to profitability after scaling back risky businesses and shedding

Goldman Sachs is working on a bid for iShares, the securities lending and exchange-traded funds business being auctioned by Barclays. Bids, due by Friday, could put a value ofup to $6.5bn on iShares. Goldman and at least three other parties have

Times may be tough for most folks, but not for the top moneymakers on Alpha magazine’s eighth annual ranking of the world’s highest-earning hedge fund managers. They took home, on average, an anything but average $464 million apiece in

Maybe U.S. taxpayers can file a counter-suit for 'Return of 173 Billion?' A.I.G. Sues U.S. for Return of $306 Million in Tax Payments https://www.mql5.com/go?link=http://www.nytimes.com/2009/03/20/business/20aig.html?_r=2 By LYNNLEY BROWNING

March 22 (Bloomberg) -- Daimler AG, the world’s second- largest maker of luxury cars, will sell 1.95 billion euros ($2.7 billion) of shares to Abu Dhabi’s Aabar Investments PJSC, making it the company’s largest shareholder. Aabar

March 19 (Bloomberg) -- General Motors Corp. can thank U.S. taxpayers for $13.4 billion in loans that have kept it running. The carmaker can also thank China’s government, which is kicking in subsidies of as much as $1,170 to help it sell vans

AAPL has broken it's trendlines and is below all the falling moving averages . If the support areas are broken, I imagine we could be in for a big drop

What do you all think of Ford? I know I should have my head examined for thinking of buying automotive stock, but consider this: If GM tanks completely, which it will, it's one of the big TWO and the only publicly traded car company in America. Stock

March 9 (Bloomberg) -- Merck & Co. agreed to buy rival U.S. drugmaker Schering-Plough Corp. for $41.1 billion in cash and stock to get a larger experimental pipeline and products unhindered by imminent patent losses. Schering-Plough holders will get

The HSI is not great but despite a lot of bad news this year it seems to be doing remarkably better than elsewhere, US or Europe. Do you believe it'll correct lower

Is this a great long term buy? Or is Citi going bankrupt