By Andrew Butter There are two main elements to the litigation about the IPO. The first is about how last-minute-second-thoughts about the future earnings by an analyst should have been widely “shared”. It’s...
Read MoreBy EconMatters Spain finally bowed to the rising interest rates and the billions of euros worth of bad loans at Spain’s regional governments to ask for a loan. After emergency talks between Euro Zone finance ministers on...
Read MoreBy Frank Holmes Following negative data last week, investors were clearly concerned about global growth and anxiously anticipated government actions. While Europe and the U.S. disappointed investors, China surprised on the...
Read MoreBy Russ Winter Spain’s bank rescue news is out, and the obfuscation is very high, as usual. The rescate (rescue) amount offered is 100 bn euros, a mere two and a half times last week’s estimate. This tells us the...
Read MoreBy Tyler Durden of ZeroHedge While the ever-present analogs to the last few years of crisis-response-improvement-complacency (CRIC), as Morgan Stanley so clearly described, have provided a clear picture of what to expect, the...
Read MoreBy Charles Rotblut If you lost $155,000 to fees, how angry would you be? This is the amount of money the average American household will pay in 401(k) fees over the course of their lifetime, according to a new study. Demos, a...
Read MoreBy Frank Holmes For the eighth consecutive year, CEOs named Texas the best place to do business, according to the latest Chief Executive magazine. Its annual survey received feedback from 650 business leaders from all over the...
Read MoreBy James Picerno of The Capital Speculator The latest weekly jobless claims report seems to be telling us that the labor market isn’t fatally wounded. New filings for unemployment benefits fell 12,000 last week to a...
Read MoreBy Matthew Weinschenks of Wall Street Daily Everyone knows that oil production is declining. That it’s only a matter of time before Peak Oil forces us to find new forms of energy or battle over soil like Kevin Costner in...
Read MoreBy Laura Papi and Kiichi Tokuoka* (via iMFDirect) India’s investment, the main driver of economic growth in the mid-2000s when the country was growing in excess of 9 percent a year, has been sluggish for the past five...
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