Euro Hits 1 Yr Low on Trichet’s Comments: Is He Open to Coordinated Easing?
The European Central Bank President has finally buckled under the weight of bank failures, recessions and slower global growth. Although the ECB left interest rates... >>>
U.S. Senate Passes Economic Bailout Bill
After the stunning failure in the House of Representatives, the U.S. Senate on Wednesday evening, according to WSJ - approved a revised $700 billion bailout plan... >>>
Escape to South America Uncovers Opportunities
The Dow is up 200. Down 700. Up 400. Have we hit bottom? Or is it 1929 all over again? Some say, “Grab a parachute.” The markets are as volatile as ever and... >>>
Warren Buffett Investing Billions in General Electric
General Electric (GE) the world’s second-largest company plans to offer at least $12 billion through a common stock offering to the public - scheduled to be priced... >>>
Protecting the Morale Hazard - No Gain, Feel the Pain
Morale Hazard. Its another way of saying that Failure should have Pain attached to it. Wall Street is not stupid. While spreadsheets define financial risk, contracts... >>>
Take 2 of Bailout Drama Drives Euro Below 1.40
It is the beginning of the fourth quarter and demand for US Dollars continues to be voracious, driving the EUR/USD below 1.40. In less than 2 weeks, the most liquid... >>>
Hewlett-Packard Acquires LeftHand Networks
Hewlett-Packard (HP) announced Wednesday that it has signed a definitive agreement to acquire LeftHand Networks, a company focused on storage virtualization and... >>>
Apple Decides to Drop iPhone Non-Disclosure Agreement
In response to widespread criticism from the iPhone development community, Apple (AAPL) said Wednesday that it has decided to drop its restrictive non-disclosure... >>>
