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For Banks, Wads of Cash and Loads of Trouble
July 4, 2009
New York Times / By ERIC LIPTON and ANDREW MARTIN
Bulk deposits from brokers fueled growth at smaller banks, but also led some to the brink, and beyond.
Secrets of the WSJ
July 3, 2009
The Conscience of a Liberal / By Paul Krugman
This morning's Wall Street Journal opinion section contains a lot of what one expects to see. There's an opinion piece making a big fuss over the fake scandal at the EPA.
S.E.C. May Reinstate Rules for Short-Selling Stocks
July 3, 2009
New York Times / By GERRY SHIH
Representative Barney Frank, left, urged Mary L. Schapiro, right, head of the S.E.C., to reinstate a rule that restricts short-selling.
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Goldman Sachs: The great American bubble machine
July 4, 2009
Seattle Post-Intelligencer: Business News / By SHANNON FEARS / SEATTLEPI.COM STAFF
Matt Taibbi's piece in Rolling Stone magazine's latest issue about investment bank Goldman Sachs is creating a fair amount of buzz across the Internet.
Private equity screaming about new regulations
July 4, 2009
AMERICAblog: A great nation deserves the truth / Chris in Paris (noreply@blogger.com)
This Week's 'Barron's' Roundup
July 4, 2009
TheStreet.com / twocents@thestreet.com (Stockpickr Staff)
A handful of stocks to short right now, plus some S&P; 500 names that are getting into nosebleed territory.
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Most Blogged (Continued)
Another wave of foreclosures is poised to strike
July 4, 2009
L.A. Times - Business
Mortgage defaults have surged to record levels amid rising unemployment and falling home prices. Lenders are expected to move quickly to clear up backlogs as moratoriums on foreclosures expire.
WSJ Whackos in Denial: 'Franken Stole It (and So Did Gregoire in '04!)'
July 3, 2009
The BRAD BLOG / Brad Friedman
In an unbylined Wall Street Journal editorial (why a liar and sore-loser like WSJ/GOP operative John Fund is so ashamed to put his name on his own writing we'll never know...
Rogue trader sends oil to year-high on $10m gamble$
July 3, 2009
PVM Oil Futures, a London-based division of the world’s biggest broker of over-the-counter derivatives, has lost almost $10 million ($£6 million) after falling foul of a rogue trader.
Markets in China Fly High Once More
July 3, 2009
New York Times / By DAVID BARBOZA
In a rise reminiscent of an earlier expansion, before the bubble burst in 2008, the Shanghai composite index is up 68 percent so far this year.
Transcript Service Sues Congressional Quarterly
July 3, 2009
New York Times / By REUTERS
A transcript service accuses Congressional Quarterly of corporate espionage and theft of information.
Stagnant Pay Stalls Potential Recovery
July 3, 2009
WSJ.com: Economy
Employers shed 467,000 jobs last month. People also worked less and their pay stagnated, threatening the strength of a potential recovery in the second half of the year.
Debt Burden Leaves Young Having Less Fun
July 3, 2009
Sky News | Business | First For Breaking News
The young are not having as much fun as the older generation because they are so much in debt, according to a survey.
Just How Successful is the iPhone App Store? (at The Wall Street Journal Online)
July 3, 2009
Yahoo! Finance: AAPL News
Declaration of Independence from Wall Street
July 4, 2009
DailyFinance / Peter Cohan
Filed under: ColumnsOur local paper printed a copy of the Declaration of Independence this morning.
It's a weird, weird, weird, weird world
July 3, 2009
The Conscience of a Liberal / By Paul Krugman
Headline: Dollar Is Buoyed by Weak Jobs Data.
A 'rogue' trader pushed oil prices to 2009 highs
July 3, 2009
DailyFinance / Douglas McIntyre
Filed under: Company NewsEvery few years, a banker acting on his own begins to make trades not authorized by his firm.
China National Petroleum Corp in $17 Billion Argentina Oil Bid
July 3, 2009
BusinessWeek: Daily & Breaking News, Top Stories from BusinessWeek News
More news out showing China is serious about picking up overseas assets to meet its surging energy and resource needs.
America's Best Affordable Places to Retire
July 3, 2009
BusinessWeek: Daily & Breaking News, Top Stories from BusinessWeek News
Asian markets retreat on gloomy US jobs report
July 3, 2009
Boston.com -- Top business news / Jeremiah Marquez, AP Business Writer
Asian stocks retreated Friday as a weaker-than-expected U.S. jobs report signaled more pain ahead for the world's largest economy.
Even Teachers Feel Pinch of Downturn
July 3, 2009
WSJ.com: Economy
Education jobs -- once considered recession proof -- grew steadily in recent years, but the number of teaching jobs has declined in four of the last six months.
New York City Sees Slide in Tourism
July 3, 2009
WSJ.com: Economy
New York City, one of the world's most visited places, is seeing a downward slide in tourism this summer even as it battles other economic woes.
Latest News (Continued)
Car dealer fights Chrysler over franchise
July 4, 2009
PalmBeachPost.com - Latest Marlins news
NORTH KINGSTOWN, R.I. — A poster in Jim Tarbox's office at his North Kingstown Chrysler Jeep dealership declares: "Challenge: The harder the course, the more rewarding the triumph."
Schwarzenegger legacy entwined with fiscal crisis
July 4, 2009
Business -- MiamiHerald.com
California voters gave Arnold Schwarzenegger a single, blockbuster-sized mission when they sent him to Sacramento six years ago in an unprecedented election: Fix California's chaotic budget system, ...
Ramirez hits first post-suspension HR
July 4, 2009
SFGate: Business & Technology
Manny Ramirez hit his first home run since his return from a 50-game suspension for violating baseball's drug policy.
With Calif. in turmoil, the spotlight returns to Schwarzenegger's promises of fiscal reform
July 4, 2009
StarTribune.com Business
Schwarzenegger legacy entwined with fiscal crisis (AP)
July 4, 2009
Yahoo! Finance: Economic News
California voters gave Arnold Schwarzenegger a single, blockbuster-sized mission when they sent him to Sacramento six years ago in an unprecedented election: Fix California's chaotic budget system, ...
Oil Price Madness
July 4, 2009
Matthew Yglesias / myglesias
I thought this chart from Calculated Risk looking at the past 25 years of oil prices was interesting: At any rate, as you can see here it doesn’t just seem like the past few years worth of oil ...
Small town America pins hopes on West trade route
July 4, 2009
AP Top-Sports Headlines At 7:30 p.m.
LIMON, Colo. (AP) -- For Joe Kiely, the drone of thousands of trucks passing his Colorado plains town signals economic prosperity....
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