Finance Geek

As was widely expected, the Federal Reserve left its key lending rate unchanged at Tuesday’s policy meeting. The Fed also repeated plans to keep rates at “exceptionally low levels” for an “extended period,” confounding some pre-meeting

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Arguably the most exciting sports event of the year, March Madness kicks off in earnest Thursday.  While 65 teams battle on the court for the NCAA men’s basketball championship, millions of workers have already started filling out brackets vying for

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From All Things Digital, March 16, 2010: Piper Jaffray analyst Gene Munster has declared 2010 the “Year of the
Mac,” and it’s hard to disagree when looking over the latest retail
sales data from the NPD Group: Mac sales during February

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From All Things Digital, March 16, 2010: Piper Jaffray analyst Gene Munster has declared 2010 the “Year of the
Mac,” and it’s hard to disagree when looking over the latest retail
sales data from the NPD Group: Mac sales during February

More…

Provided by The Business Insider, March 16, 2010:Chinese officials are closing the ranks when it comes to the nation’s yuan exchange ratepolicy — the currency will only be adjusted when China is ready and when it is in their interest. …

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“The United States invariably does the right thing, after having exhausted every other alternative,” Winston Churchill once said. The problem is “we’re in the process of exhausting all the alternatives pretty quickly,” says William Gal

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Declaring that Congress “owes the American people a final up-or-down vote” and “we know what will happen if we fail to act,” President Obama went to Ohio Monday to make yet another push for health-care reform. The President again

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18 months after excessive risk in the banking industry brought the global financial system to a jolting halt, the rules that govern Wall Street have not changed.

Outgoing Senator Chris Dodd hopes to change that. The Chairman of the Senate Banking Comm

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Most experts agree that China is keeping the value of its currency, the renminbi, artificially low to give its manufacturing industry a competitive advantage.A cheap currency helps exports because it reduces the cost of China’s goods in other currencies.&

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Lehman’s bankruptcy examiner issued a damning (and extensive) report on Friday that concluded Lehman executives employed “materially misleading” accounting gimmicks in the months prior to its September 2008 bankruptcy. …

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Provided by The Business Insider, March 15, 2010: By the end of April Tim Geithner’s Treasury has to publish a semi-annual report that will either brand China as a currency manipulator or not. …

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Forbes is out with its annual billionaires list; essentially a compilation of capitalism’s greatest success stories. But success does not come without failure. “The people that have succeed the most are the people that have embraced their failures a

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Washington is patting itself on the back for having orchestrated an amazing economic recovery. But Washington lawmakers are a delusional bunch of boneheads, say Marc Faber and Mike “Mish” Shedlock, editor of the Gloom, Boom, and Doom Report and

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Provided by The Business Insider, March 12, 2010:Most of the stories you will read today about the 2,200-page document that lays out how Lehman Brothers used accounting gimmicks to conceal its true financial condition will understate just how important th

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Which is the greater threat, inflation or deflation? In Marc Faber and Michael “Mish” Shedlock, we found two market watchers ready (and able) to champion both sides of this great debate.Shedlock, an investment advisor with Sit

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