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godoftrading
Added topic SEC may Reinstate Uptick Rule
It's mentioned on the second page of this NYT piece: https://www.mql5.com/go?link=http://www.nytimes.com/2009/02/23/business/23schapiro.html?_r=1&partner=MARKETWATCH
godoftrading
Added topic New York Condos HALF OFF
And Do I Hear $2 Million? No? $1 Million? Sold! https://www.mql5.com/go?link=http://www.nytimes.com/2009/02/26/realestate/26condo.html?_r=1&hp By TERI KARUSH ROGERS Published: February 25, 2009 As housing prices around the country began to tumble
godoftrading
Added topic MLB player has '13 bucks in my wallet' due to Standford Financial
Tue Feb 24, 2009 1:51 pm EST Scott Eyre is the latest ballplayer to admit he's almost broke By 'Duk Never thought we'd see a day when a pro ballplayer might take to selling apples or asking a fan to spare a dime, but thanks to the ongoing fraud
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Added topic Time Magazine Rates the top 25 people to blame
One of the most politically bias opinions I've ever read. 25 People to Blame for the Financial Crisis - 25 People to Blame for the Financial Crisis - TIME
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Added topic U.K. stats agency reclassifies Lloyds and RBS
Britain's Office for National Statistics on Thursday reclassified Royal Bank of Scotland and Lloyds TSB as public corporations from Oct. 13, when the government announced it would recapitalize the companies. The agency said data from the two banking
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Added topic Kansas suspends tax refunds; may not make payroll
Another state out of money KWCH - Kansas News and Weather - Kansas Suspends Income Tax Refunds
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Added topic % mortgages NOT held by banks
FRB: December 2008 Statistical Supplement--Mortgage Debt Outstanding Maybe someone can supply more current figures but if you 'fix the banks' it doesn't automatically follow that you solve the mortgage crisis
godoftrading
Added topic The End Of The Trade Bubble
The End of the Trade Bubble? - BusinessWeek In addition who is left to foot the tax tab on a progessive basis.... The deficit will be largely due to tax revenues being decimated....and the Govt will want to tax more from a declining base.... Once
godoftrading
Added topic Top Swiss banks reportedly to reveal major losses
Switzerland's two largest banks are set to announce this week that they suffered combined losses last year of 29 billion Swiss francs ($25 billion), according to a Swiss news report Sunday. UBS AG will reveal Tuesday an annual net loss of 21 billion
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Added topic Japan is already in a depression
naked capitalism: Veneroso: Japan on the Edge of the Abyss THERE HAS NEVER BEEN DATA THIS BAD FOR ANY MAJOR ECONOMY – EVEN IN THE GREAT DEPRESSION. December industrial production came in down 9.6%, worse than the METI forecast. It is now down almost
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Added topic Airbus to get $6.5 billion
PARIS (Reuters) - The French state plans to inject 5 billion euros ($6.5 billion) into banks with the aim of financing airplane purchases to help European planemaker Airbus (EAD.PA), a French government source said on Sunday. "There is indeed a plan
godoftrading
Added topic MSFT to $10?
Price hovering around long term support, to me it looks like MSFT is about to start its decline towards $10. Thoughts
godoftrading
Added topic Fiat and Chrysler sign alliance plan
Fiat and Chrysler sign alliance plan Fiat to take 35 percent stake in struggling Chrysler under nonbinding strategic alliance plan Ariel David, Associated Press Writer Tuesday January 20, 2009, 7:52 am EST Yahoo! Buzz Print ROME (AP) -- Fiat and
godoftrading
Added topic Is $1 Trillion bail-out "big ponzi"?
The USA government is taking money from new investors (tax-payers) and giving it to old investors (bankrupt giant companies) There is 100% possibility/chance that the giant companies will shut down. Past history says bankrupt companies do not survive
godoftrading
Added topic The Obama Economy
Dick Morris has written an interesting article on what he expects will happen to the economy under Obama. Here is an excerpt: "...In the name of short-term stimulus, he will give every American family (who makes less than $200,000) a welfare check of
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Added topic Expert On the Great Depression?
"One of the reasons I am partial to Australians is that they are critical thinkers, not easily cowed by authority or conventional wisdom. In the US, one of the reasons that Fed chair Ben Bernanke is given so much deference (aside from the fact that
godoftrading
Added topic Merrill Lynch - a loss of $15.31 Billion Q4
Bank of America, the Charlotte, N.C. bank noted that preliminary Merrill Lynch results indicate a fourth-quarter loss of $15.31 billion; the Merrill results weren't reflected in B. of A.'s quarterly numbers
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Added topic Obama Tax Cuts
Obama Eyes $300 Billion Tax Cut - WSJ.com In the right direction.... However structural changes are required .... 10% Consumption tax only A permanent elimination in taxes increases asset valuation.....not temporary bandaids.... A New World Wide
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Added topic The Budget Shortfall of 44 states
Mish's Global Economic Trend Analysis 2nd post down this simply amazes me
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Added topic Best Stocks of 2009
My two best picks are GOOG (330) and GE (16.50). By year end i believe both will double. Opinions? Also what are your top picks