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Financial Markets React - Follow with Wikinvest | Posted 05.25.2011 | Home

Dow Jones Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full .DJIA chart at Wikinvest S&P 500...

Government-Media-Corporate Mantra: Only the Little People Worry About Money

Stanton Peele | Posted 05.25.2011 | Business
Stanton Peele

Jack Strong: You can't fit 200 guests, strippers, a four-star kitchen, and a ten-foot-high ice sculpture on a helicopter.

Dating A Banker Anonymous: Finance Girlfriends Form Support Group

New York Times | RAVI SOMAIYA | Posted 05.25.2011 | Business

[Women] shared their sad stories the other night at an informal gathering of Dating a Banker Anonymous, a support group founded in November to help wo...

Recession Trend Tracker: What's Hot, What's Not

Jill Keto | Posted 05.25.2011 | Business
Jill Keto


Teens Toilet Paper Madoff's House After Losing Trust Funds In Scam | SONJA ISGER | Posted 05.25.2011 | Business

PALM BEACH -- Tidbits of toilet paper twisted in the wind at Bernard Madoff's Palm Beach home Monday morning - possibly the work of some ticked off te...

Investors Gear Up For Deluge Of Weak Earnings, Biggest GDP Drop In 26 Years

CNN | Alexandra Twin | Posted 05.25.2011 | Business

Investors this week will face the largest batch of company report cards yet, in what is quickly shaping up to be the worst quarter for corporate profi...

Warren Buffett: "Nobody Knows" If Stimulus Package Will Work

Calculated Risk | Posted 05.25.2011 | Business

SG: But there is debate about whether there should be fiscal stimulus, whether tax cuts work or not. There is all of this academic debate among econom...

Hedge Fund Ethics and How They'll Lead to More Regulation

Penny Herscher | Posted 05.25.2011 | Business
Penny Herscher

What is right and what is wrong in world of hedge funds?

Bernie Madoff Cancer: Does Ponzi Scheme Architect Have Steve Jobs' Cancer?

Clusterstock | John Carney | Posted 05.25.2011 | Business

Buried in a Page Six item about Larry King's "severe" exposure to Bernie Madoff's ponzi scheme is the rumor that Madoff could be dying of pancreatic c...

Banks of America

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

Investors must realize that before these financial companies can begin to return profits to their investors, the government must get paid back first.

A New Closing Dynamic

Jim Randel | Posted 05.25.2011 | Business
Jim Randel

It seems to me that if the seller and buyer are in agreement on all terms, then the mechanics of the closing should never delay the manifestation of the parties' desire and intent, i.e. money for deed.

Recession Trend Tracker: What's Hot, What's Not

Jill Keto | Posted 05.25.2011 | Business
Jill Keto


Does Obama Know What He Is Doing?

Paul Jenkins | Posted 05.25.2011 | Politics
Paul Jenkins

Let's not lose sight of the fact that, like Cheney, these political and business leaders all think they know what they are doing.

Arthur Nadel, Money Manager, Missing In Florida: UPDATE: ARRESTED BY FBI

Huffington Post | Posted 05.25.2011 | Business

UPDATE 1/27 AP reports that Arthur Nadel, a Florida money manager who was reported missing earlier this month, has been arrested by the FBI: A Flor...

Obama's Wall St. Reforms: Timid at Best

Charlie Cray | Posted 05.25.2011 | Business
Charlie Cray

We should be automatically suspicious of any proposals coming out of Washington, starting with Obama's recent request that the Treasury release the second $350 billion.

Recession Trend Tracker: What's Hot, What's Not

Jill Keto | Posted 05.25.2011 | Business
Jill Keto

"Charticle" featuring highlights from this week in the Economy. . . hoarding gold, hot recession jobs, and the U.S. Treasuries bubble....

Plan to Take Action in 2009

Suze Orman | Posted 05.25.2011 | Business
Suze Orman

I am sorry to say that it is foolish to think that a stimulus package will be an insta-cure. I think it is wiser to to keep in mind that it is going to take years to make this all right.

Recession Trend Tracker: What's Hot, What's Not

Jill Keto | Posted 05.25.2011 | Business
Jill Keto

Check back weekly for my Recession Trend Tracker. If Us Weekly and The Economist had a love child, it would look like this.

Housing Predictions

Jim Randel | Posted 05.25.2011 | Business
Jim Randel

Since the free fall was to a large degree tied to loss of confidence in the system, a boost to people's confidence can stop the fall. What can provide that boost? January 20.

How About a Smart-Plus-Greedy-Equals-Stupid Tax?

David Quigg | Posted 05.25.2011 | Business
David Quigg

How about a smart-plus-greedy-equals-stupid tax? We will save it for the absolutely inevitable moment in the not-so-distant future when Wall Street will forget the lessons of 2008.

The Bailout in Barney Frank Videos

Dave Burdick | Posted 05.25.2011 | Business
Dave Burdick

I still have friends asking me about the major events of the bailout -- what happened, why did it matter? Well, I'll turn it over to Rep. Barney Frank to answer those questions.

When Piggy Banks Fly: Cash-Strapped Shoppers Buy Frugality

Reuters | Posted 05.25.2011 | Business

Recession-wary Americans embraced the virtues of thrift this Christmas, with stores reporting a clear rise in the popularity of piggy banks. "We have...

6 Years Of Market Gains Wiped Out In 2008

New York Times | VIKAS BAJAJ | Posted 05.25.2011 | Business

All told, about $7 trillion of shareholders' wealth -- the gains of the last six years -- will be wiped out in a year marked by violent market swings....

New Year's Resolution

Roseanne Colletti | Posted 05.25.2011 | Business
Roseanne Colletti

Do you even remember what you resolved to do in 2008? Even if you don't, there's nothing to be gained by beating yourself over the head with the old year.

Credit Is Key To Stopping Financial Crisis In 2009

New York Times | ERIC DASH and VIKAS BAJAJ | Posted 05.25.2011 | Business

The financial crisis began in the credit markets, and eventually it will end there. But as the financial industry rounds out one of the most wrenching...