AIG Shares Slide Further as Survival Fears Grow
AIG shares dropped nearly 40% on Tuesday as the international credit rating agency Fitch joined Moody’s Investor Services and Standard & Poor’s in downgrading... Read »
An Ocean of Opportunity in Water
The Dow is bouncing up and down like a yo-yo. Every chart looks like a ski slope. A few investors are profiting from these wild market mood swings, while others... Read »
What to do During a Market Adjustment
“I know Americans are concerned about the adjustments that are taking place in our financial markets.” – President Bush Adjustment? What on earth is... Read »
Chinese Social Networks Block Baidu Search Spiders
Baidu.com (BIDU), the top Chinese search engine, has been blocked by major social networking services [SNS] websites in China, inlcuding Blog.sohu.com, 51.com,... Read »
AIG to Access $20 Bln of Assets From Insurance Subsidiaries
New York’s governor David Paterson has asked state insurance regulators to allow American International Group Inc. (AIG) to provide a bridge loan to itself.... Read »
In Other News: 9/14/2008 – The Fed, AP, WSJ
The Federal Reserve: The Central Bank conditioned by the ongoing credit crisis which sealed today the fate of the beleaguered investment bank Lehman Brothers (LEH),... Read »
BofA in Advanced Talks to Acquire Merrill Lynch
The WSJ is reporting Bank of America (BAC) and Merrill Lynch (MER) are in advanced merger talks. The terms under discussion aren’t clear yet at this point,... Read »
Lehman’s 7-11: What Gets Protected, What Liquidates
Lehman Brothers Holdings Inc. (LEH), is edging closer to a complete market meltdown. According to Bloomberg, Wall Street is preparing for a potential Lehman bankruptcy. On... Read »
Housing: Are We Near Bottom or More Pain Coming?
Karl E. Case, one of the economists that developed the 20 MSA methodology, a widely used subset by Standard & Poors in the S&P/Case Shiller Home Price... Read »
Expiring Patents Ignite Biotech Boom
It’s tough to find anything positive to talk about in this market. The U.S. Government stepped in and assigned Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE)... Read »






