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Daily Archives: July 14, 2009

house

The Next Great Stimulus: Mortgage Help For The Unemployed

Posted: July 14, 2009 at 4:50 am

The stimulus package has failed to halt the rise of unemployment and has done little to improve investment spending by businesses. Real estate prices are still dropping and the default ...
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Geithner

Goldman Sachs (GS) Executives Dump $700 Million In Stock

Posted: July 14, 2009 at 4:36 am

Goldman Sachs (GS) has a tin ear. It cannot hear or wishes to ignore the tremendous bad publicity that has come from news that it will pay out record bonuses ...
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oil

Exxon (XOM): Fuel From Algae

Posted: July 14, 2009 at 4:19 am

One piece of news no one ever expected to hear is that Exxon (XOM) will put $600 million into a project that seeks to convert algae into liquid fuel for ...
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bear

Federal Government Psychics Forecast The Future Job Market

Posted: July 14, 2009 at 3:56 am

Forecasting is the meticulous brother of optimism. The Administration is still determined to create or retain 3.5 million jobs by the fourth quarter of 2010 through its $787 billion in ...
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uncle sam

The Tax-less Recovery

Posted: July 14, 2009 at 3:49 am

It is now old news that the Treasury has reported that the US budget gap for June was just over $94 billion which compares with a surplus of over $33 ...
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newspaper

Media Digest 7/14/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 14, 2009 at 3:00 am

Reuters:   Riots in China show the nation is in flux. Reuters:   The US is considering mortgage aid for the unemployed. Reuters:   The June budget gap was $94 billion. Reuters:   Rattner ...
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china

Asia Markets 7/14/2009

Posted: July 14, 2009 at 2:25 am

Markets in Asia were higher The Nikkei rose 2.3% to 9,262. The Hang Seng was up 2.8% to 17,744. HSBC (HBC) was up 5%. The Shanghai Composite rose 2.1% to ...
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