The Best Way to Cope With a Wild Market
It’s a bear market…bordering on panic…and most investors have been paralyzed. They feel there is nothing they can do. But that‘s not necessarily the case. Yesterday... Read »
eBay Looking to Sell StumbleUpon
TechCrunch is reporting that eBay (EBAY) has recruited Deutsche Bank (DB) in the hopes of finding a suitable buyer for StumbleUpon, the venerable website that allows... Read »
Treasury Announces Comprehensive Plans to Fight Financial System Crisis
Treasury Secretary Henry Paulson outlined today a comprehensive approach aimed at relieving stresses on financial institutions and markets, as lack of confidence... Read »
In Other News: 9/18/2008 – IHT, WSJ, Reuters
Herald Tribune: MidAmerican Energy Holdings, a unit of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, today announced the it reached a tentative... Read »
Putnam Liquidates $12 billion Prime Money Market Fund
The Board of Trustees of the Putnam Funds, one of the nation’s oldest and largest management firms, has suddenly voted to close a $12.3 billion prime money... Read »
In Other News: 9/17/2008 – WSJ, The SEC
The Wall Street Journal: Washington Mutual (WM), has instructed its investment bankers to step up their efforts and help the struggling savings and loan raise more... Read »
How the Smart Get Richer
As the bear market deepens success stories are getting harder to find. So a few eyebrows were raised when a Massachusetts fund recently announced it posted an 8.6%... Read »
Microsoft Drops Seinfeld from Vista Commercial
Well, in a way this was sort of expected. According to Valleywag – Microsoft (MSFT) apparently faced with criticism has decided to pull its TV ads, featuring... Read »
Morgan Stanley Considering a Tie-Up with Wachovia
Concerns over the health of investment banks facing increased skepticism from investors about the outlook for the stand-alone broker-dealer business model, in the... Read »
In Other News: 9/16/2008 – Bloomberg, Barclays, The Fed
Bloomberg: Earlier this month, Samsung Electronics said the co. was considering to buy flash memory maker SanDisk (SNDK). Late Tuesday, in a proposed deal that could... Read »






