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Clusterstock (6,669 Links)
Created by MyPropsMonkey 245 days ago in Finance. Views: 402. Link Views: 26,072
Tags: wall street  finance  stocks
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Clusterstock from The Business Insider. This channel is automatically updated!
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Blonde Suing Hedgie Was One Of Three "Mark's Angels"
Posted by MyPropsMonkey 6 hours 24 minutes ago (feedproxy.google.com).  Views: 3
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Jordan Wimmer's latest claim against her former boss is that she was one of three "Mark's Angels" hired to lure millionaire investors to his fund, Nomos Capital. Among the allegations she's brought so far: He made her watch a lapdance, he [More...]
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300 Goldman Sachs Employees Will Volunteer As Trash Haulers
Posted by MyPropsMonkey 9 hours 4 minutes ago (feedproxy.google.com).  Views: 3
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Maybe Goldman Sachs (GS) really does do "God's work." Sure, the $500 million philanthropic commitment this week to help struggling small businesses was nice. And "Vampire Squid" CEO Lloyd Blankfein's financial crisis apology [More...]
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The SEC Lets Oil Companies Use Fantasy Mark-To-Model Numbers To Report Their Holdings
Posted by MyPropsMonkey 9 hours 5 minutes ago (feedproxy.google.com).  Views: 3
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This sounds familiar . Felix Salmon: What are the consequences of allowing multi-billion-dollar systemically important multinational corporations to report their assets using proprietary mark-to-model tools involving discredited Monte Carlo [More...]
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Sadly, CERA's Optimism Over Oil Production Is Total Nonsense
Posted by MyPropsMonkey 8 hours 43 minutes ago (feedproxy.google.com).  Views: 3
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(This guest post originally appeared at the oil drum, and is licensed under Creative Commons Attribution-Share Alike 3.0 United States License) One of the features of many models that are used to predict future events is that they focus on target [More...]
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How To Survive The Coming Global Economic Collapse
Posted by MyPropsMonkey 14 hours 5 minutes ago (feedproxy.google.com).  Views: 3
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The following excerpt is from "Surviving In Argentina," by Fernando Ferfal Aguirre.  Fernando lived through Argentina's economic implosion in 2001.  Here, he shares some of his secrets to survival. So, guys, things don’t look [More...]
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Asian Nations Threaten To Kill The Dollar Carry Trade
Posted by MyPropsMonkey 18 hours 24 minutes ago (feedproxy.google.com).  Views: 3
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The governments of India, South Korea, and Indonesia are threatening potential capital controls as a tool to limit 'hot money' entering their economies in search of higher returns and non-dollar currency appreciation. While such actions may help keep a [More...]
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Why T-Bill Yields Just Returned To Crisis Levels
Posted by MyPropsMonkey 14 hours 4 minutes ago (feedproxy.google.com).  Views: 3
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In case you missed it, treasury bill yields went negative yesterday which means investors were willing to lose money in order to own them. Even simply keeping cash idle would get earn higher return, in either an inflationary or deflationary [More...]
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Wells Fargo Agrees To Return $1.4 Billion For Frozen ARS Funds
Posted by MyPropsMonkey 1 day ago (feedproxy.google.com).  Views: 5
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Wells Fargo joined a long list of banks that will return money to clients whose funds were frozen in the auction-rate-securities market. The $1.4 billion settlement comes after "more than a dozen" other such settlements totalling $61 billion, [More...]
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Do Wall Street Executives "Defecate In Their Pants" When Andrew Ross Sorkin Calls Them
Posted by MyPropsMonkey 1 day ago (feedproxy.google.com).  Views: 4
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In the New York magazine profile earlier this month, Andrew Ross Sorkin said that one of the ways he’s able to land big sources is by not being “adversarial or coming to the table with an ax to grind.” The piece also claimed that many of ARS’s [More...]
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Japan: Deflation Is Roaring Again, A Double-Dip Back On The Table
Posted by MyPropsMonkey 18 hours 46 minutes ago (feedproxy.google.com).  Views: 3
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Honestly, we're not sure how an economy that's been in a near-constant deflationary slide since the early 90s can ever have a double-dip recession. Octuple-dip sounds more like it. But, Japanese leaders are out with a fresh warning that deflation is [More...]
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Asian Markets Continue To Push Lower
Posted by MyPropsMonkey 18 hours 55 minutes ago (feedproxy.google.com).  Views: 3
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After yesterday's selloff, Asian markets are down again. The Nikkei is riding a 5-day losing streak. Europe, however, has rebounded a little, and US futures are roughly flat. ------- BANGKOK (AP) -- Asia's stock markets mostly retreated Friday [More...]
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Dick Bove: Bank Of America Should Just Keep Ken Lewis!
Posted by MyPropsMonkey 9 hours 41 minutes ago (feedproxy.google.com).  Views: 2
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Dick Bove says that shareholders and management of Bank of America want outgoing Chief Executive Ken Lewis to stay. The Rochdale Securities analyst has been a big supporter of Lewis. But today he took it a step further, saying that it appears [More...]
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Scott Rothstein Victims Sue TD Bank
Posted by MyPropsMonkey 6 hours 24 minutes ago (feedproxy.google.com).  Views: 2
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And here they come. Victims of Scott Rothstein's alleged $1 billion Ponzi scheme are looking to get their money back, and the lawsuits are piling up. Some, like businessman Todd Snyder, are going after Rothstein himself. Snyder says he put in $2 [More...]
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Private Litigation Plaintiffs Will Get Documents BofA Turned Over To Government
Posted by MyPropsMonkey 1 day ago (feedproxy.google.com).  Views: 3
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It's "a huge win" for shareholders suing Bank of America over the Merrill Lynch merger. The documents Bank of America turned over to Congress, the SEC and other governmental entities, most likely including those formerly protected by the [More...]
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Investors Storming Out Of U.S. Equities
Posted by MyPropsMonkey 1 day ago (feedproxy.google.com).  Views: 4
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Investors continue to flee U.S. equities based on the latest data from the Investment Company Institute. If anyone tells you that the market is just going up 'due to liquidity' show them this flow data. Mutual funds investors are pulling money out of U.S. [More...]
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EMAIL LEAK: Global Warming Researchers Caught Doubting Their Own Claims
Posted by MyPropsMonkey 7 hours 46 minutes ago (feedproxy.google.com).  Views: 2
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For anyone waiting for the next Global Warming setback (or just ammunition to fire at the Climate Change greenies), some recent hacking into computers at the University of East Anglia’s Climate Research Unit might do the trick. An email chain between [More...]
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The 14 Craziest Foods In The Chinese CPI
Posted by MyPropsMonkey 13 hours 29 minutes ago (feedproxy.google.com).  Views: 2
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For all the difficulty of measuring inflation, most countries use something similar to our CPI to do it. Obviously, though, the components are totally different, and so they provide a nice insight into what people are buying and eating all around the [More...]
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Chris Dodd: Don't Be So Sure Bernanke Will Get Re-Confirmed
Posted by MyPropsMonkey 8 hours 33 minutes ago (feedproxy.google.com).  Views: 2
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It sounds as though the embattled Connecticut Senator is realizing that being a Fed-skeptic, or Bernanke-critic is good business. (via Yves Smith) Join the conversation about this story » See Also: Chris Dodd Wants To Help: Be Afraid!4 Reasons [More...]
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California: Another Budget Crisis As Soon As This Spring
Posted by MyPropsMonkey 1 day ago (feedproxy.google.com).  Views: 4
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There are signs that California's economy is recovering (a little), but a tepid return to normalcy won't be enough to save the state's horrible fiscal position. Remember, politicians in California have been basing the size of the government on [More...]
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Gold Spikes Again, Now Nearing $1150
Posted by MyPropsMonkey 2 days ago (feedproxy.google.com).  Views: 3
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The run remains incredible. There's just nobody who doesn't want to be net long the precious yellow metal. Join the conversation about this story » See Also: Barrick President Jawbones Gold Prices Conveniently After Closing Hedges (ABX)Gold [More...]
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