Archive for December 14th, 2009

With the financial sector in a correction, key survivors are newly humbled banks that can still afford bargain takeovers. There are 2 standouts now: 1 to buy, 1 to watch.

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A bull on China and
commodities, Jim Rogers’ bold, prescient calls on the markets have made him – and his
followers – rich. Two years ago, Rogers sold his beloved NYC mansion and moved to Singapore,
largely to witness the Asian markets&r

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Citigroup is selling $20.5 billion in stock and debt to repay the government $20 billion, leaving Wells Fargo as the last major bank still operating under TARP. The move relieves Citi from having to deal with government-mandated compensation restrictions,

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Ahead of Monday’s meeting with top Wall Street CEOs, President Obama talked tough about the industry Sunday on “60 Minutes”, declaring: “I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.”Obama also t

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From The Business Insider, Dec. 14, 2009: Nouriel Roubini’s nickname is “Dr. Doom,” but unlike other noted
doomsayers who warn about massive debt and deflation, he’s a Keynesian.
So his views are more in line with the likes of Paul Krugman –

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