Archive - Jan 12, 2011 - Blog entry
New Jersey Gains While Illinois Sells Bonds
Submitted by Leo Kolivakis on 01/12/2011 20:38 -0500New Jersey’s pension fund has gained 8.7 percent so far this fiscal year, but it won't make a dent in its funding status. And Illinois is getting ready to sell more pension obligation bonds...
Fraudclosure | Full Deposition of Patricia Arango of Marshall C Watson
Submitted by 4closureFraud on 01/12/2011 19:58 -0500ARANGO’S TESTIMONY CONTRADICTS CONGRESSIONAL TESTIMONY OF MERSCORP PRESIDENT R.K. ARNOLD | 4closureFraud.org
Failing to Prosecute Financial Fraud - On Either Side of the Atlantic - Is Extending Our Economic Crisis
Submitted by George Washington on 01/12/2011 17:25 -0500As numerous experts have pointed out for years, failing to prosecute financial fraud is extending our economic crisis. This continues to be a key, ongoing story...
Sticky Wages and Long-Term Unemployment
Submitted by Econophile on 01/12/2011 16:01 -0500Are we heading for long-term structural unemployment?
Virtually All Independent Financial Experts Say that the Size of the Big Banks Is Hurting the Economy
Submitted by George Washington on 01/12/2011 14:44 -0500Here's my updated list of top financial experts saying that the giant banks are too big, and that their very size is hurting the economy ...
Wildlife Wednesday – The Portu-Goose!
Submitted by ilene on 01/12/2011 13:39 -0500Bastiat makes the mistake of looking at the economic problem from the point of view of SOCIETY which, it turns out, has little to do with Corporate Profits, where Keynes is right as the forced extraction of wealth from the lower classes... is BRILLIANT!
Facebook Registers The WHOLE WORLD! Or At Least They Would Have To In Order To Justify Goldman’s Pricing: Here’s What $2 Billion Or So Worth Of Goldman HNW Clients Probably Wish They Read This Time Last Week!
Submitted by Reggie Middleton on 01/12/2011 12:21 -0500Facebook will have to hit 65% of today’s total (as in the ENTIRE) world population (not factoring in population growth/shrinkage) by c.2020 to justify anything approaching a $50B valuation
The Mad Hedge Fund Trader’s 2010 Review
Submitted by madhedgefundtrader on 01/12/2011 10:42 -0500What a Year It Was! If you followed my pieces in Zero Hedge during 2010 you made a fortune. Nailing it with every asset class allocation. Only one small hickey from a short yen position.
Who said that?
Submitted by Bruce Krasting on 01/12/2011 10:38 -0500You gotta trust the WSJ, right?
Facebook: In Goldman Sachs We Trust
Submitted by rcwhalen on 01/12/2011 10:16 -0500The fact that the unveiling of Facebook was done with so much noise and fanfare by GS, a firm that never does anything rash you understand, suggests that there was a need to divert attention from the issue of valuation.
Trade Against The 90% That Lose Money 12th Jan
Submitted by Pivotfarm on 01/12/2011 02:09 -0500Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.
Data Speaks Softly, Will Earnings Carry a Big Stick?
Submitted by MoneyMcbags on 01/12/2011 01:40 -0500It was a fairly quiet day on the market as investors get ready for earnings season, brace for...
