The Next Boom Emerges
The current bear market is pretty bleak. The recent market swings have pushed a lot of investors out of the market completely. The auto makers, China, oil commodities,... Read »
Is Unemployment Due to Decreased Demand or More Expensive Financing?
“In short, cheap capital is important for employment.”: Assessing the impact of the financial crisis on the US labour market, by Peter Auer, Raphael... Read »
Yahoo Sells Kelkoo to PE Firm
Yahoo has sold its wholly owned subsidiary Paris-based comparative shopping site, Kelkoo – to a U.K.-based equity firm named Jamplant Limited, a new investment... Read »
Goldman Sachs: General, Count Me In
The FDIC announced their final rules on the so-called Temporary Liquidity Guarantee Program, or TLGP (Pronounced “Teelgup”). This is the program that... Read »
DeVry (DV) Thrives as Unemployment Spreads
The unemployment rate continues to climb as the credit crisis has the global economy in a vice. This week’s jobless claims rose by about 542,000, which equates... Read »
Currencies Soar on Reports that Obama Picks Timothy Geithner as Treasury Secretary
On a day when the market had nothing to be happy about, the leak of President-elect Barack Obama’s Cabinet announcements have erased one major uncertainty for... Read »
Coachmen’s RV Division Acquired by Berkshire Hathaway
Coachmen Industries Inc. (COA), a manufacturer of recreational vehicles and system-built housing in the U.S., agreed Friday to sell its RV division in northern Indiana... Read »
Junk Bonds: Unsafe at Any Yield?
This year will be remembered for many things, most of them negative, brutish and just plain ugly. But 2008 will likely to go into the history books for other reasons,... Read »
Some Thoughts on Banks and the Market in General
Wow. Just when you thought that Team 850 had managed to contain equity weakness, they pull their bid and stocks go down like a lead balloon. Yesterday’s price... Read »
Citigroup Considers Merging or Selling Itself
According to The Wall Street Journal, after another brutal day on Wall Street, Citigroup’s (C) executives frustrated and befuddled by bank’s 50% stock... Read »






