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Daily Archives: January 5, 2009

Winter_2

Tech, One Of The Last Hopes For Consumer Spending, Hits The Exits (DELL)(SNE)(AAPL)(RIMM)(PALM)(SIRI)

Spending on cars, clothing, jewelry, furnishings have moved down 20% or more over the last few months. There has been a lot of research that consumers were still willing to ...
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Blue_hills

Madoff: Fortune Favors The Bold

"Fortes fortuna adiuvat"--VirgilThe question comes up over and over again. How could a massive fraud, which probably went on for well over thirty years, have gone undetected by federal regulators? ...
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Winter

Media Digest 1/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Obama may seek take cuts of over $300 billion.Reuters reports that the SEC examined Madoff eight times over 16 years.Reuters reports that the Fed and European Central ...
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Sunset

Asia Markets And Europe Open 1/5/2009

Stocks in Asia were broadly higher.The Nikkei rose 2.1% to 9,043.The Hang Seng was up 3.1% to 18,516.THe Shanghai Composite rose 3.3% to 1,881.At the open in Europe, the FTSE ...
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