Madoff Stays out of Jail - It is so obvious that Madoff is guilty and belongs in...

German Billionaire Jumps in Front of Train - Adolf Merckle. who many Germans describe as their Warren...

FDIC Takes Massive Loss on Sale of IndyMac - JC Flowers and Paulson&Co. are pretty bright folks so you...

How We Knew Bernie Madoff Was a Fraud - The linked letter from Aksia, an investment advisor, to...

Senate $14 Billion Bailout Bill Fails and GM Readies for Bankruptcy - GM has retained Weil Gotshal for a bankruptcy filing -...

Bernard Madoff's Giant Ponzi Scheme is the First of Many to be Exposed - In declining markets, a lot of fraud from the go-go days...

Port Authority Gets No Bids for $300 Million in Taxable Notes - The Port Authority of New York and NJ, one of the largest...

Vikram Pandit Begs for An Acquisition after $25 Billion in TARP Money and Prince Alwaleed bin Talal Money Spark A Crash - Citibank may have entered a death spiral. This is...

I'll be Furious if My Tax Money Goes to Bailing Out Chrysler - Today there is talk that GM and Chrysler may fail, and...

The Next Great Depression is Here, If we Are Lucky - One man's stimulating, yet depressing, observation about...

Investors Flee Hedge Funds - Many wealthy investors and institutions who thought that...

Profits Ran the Show at Moody's and Standard and Poor's - Congress finally got around to hearing the testimony of...

Big Currency Bets Backfire - This is a fascinating article about companies in Latin...

Hungary Makes Desperate Effort to Save Forint - Hungary has always been one of the safest emerging...

Do High Quality Bonds Offer Good Value Here - A good article about the attractiveness of high quality...

Sheila Bair, FDIC Chief, Criticizes Rescue Plan for Not Helping Homeowners - The FDIC Chief is obviously in a rift with Bernanke and...

Britons Lose Fortunes in Failed Icelandic Banks - The article demonstrates the extraordinary risks to a...

Worldwide Coordinated Global Rate Cut May Stop Bleeding in Worldwide equities - But, I predict that we haven't seen the end of bank...

Well Fargo Buys Wachovia, Trumping Citi's FDIC Deal - Wachovia Corp. agreed to sell itself to Wells Fargo in a...

The Long-Term Question for Apple - I believe that Apple was unfairly whacked yesterday as...

Fortis Becomes Europe's AIG - The Netherlands, Belgium and Luxembourg are forced to...

A Run on Hedge Funds? - This article suggests that the next thing to happen is a...

Treasury Scales Back Money Market Fund Protection - As this Bloomberg article demonstrates, Treasury has...

Brokered CDs Can Have a Downside - Like many, I spend the last couple of days buying...

We've Finally Hit Bottom - A New Resolution Trust Corp. to Save Financial Services Industry - I've been very skeptical about the financial and very...

UK Financial Service Authority Bans Short Selling: Is it right? - Many are speculating over whether it is proper to ban...

Buy CDs Like there is No Tomorrow; Avoid Money Market Funds - As I suggested in this article, the best move is to buy...

Could a AIG Bailout Trip Up Goldman Sachs and JP Morgan - Jeff Macke on CNBC suggests that JP Morgan and Goldman...

If AIG Gets a Ratings Downgrade, it Will be Gone in 48 - 72 Hours - With Lehman Bros. and Merrill Lynch disappearing, the...

Pimco Gets $1.7 billion payday from Freddie & Fannie Bailout - Bill Gross did it again. This guy can make a fortune on...

Freddie Overstated Capital Cushion - Paulson is expected to announce his plan to put Freddie...

Many Investors Still Stuck in Auction Rate Securities - Many who bought auction rate securities are still stuck...

Korea Development Bank Confirms Interest in Lehman - I think that it is becoming clearer and clearer that many...

MBIA and Ambac rally but still Superscary - The bond insurers are up 5-6x from their lows of a few...

After Only 9 Bank Failures, FDIC is Looking to Treasury for more funds - Even the FDIC is becoming concerned about how dire the...

Up to 300 Banks Could go Under, According to Insolvency Experts - Obviously, there is no shortage of doom and gloom about...

Fannie and Freddie Surge as an Analyst Says that they are viable to the end of the year - This is another analyst-induced short covering rally....

Regulators Step Up Bank Supervision - The Federal Reserve, Office of Thrift Supervision and...

A New Debate on Privatizing Infrastructure - This is a fascinating article by Andrew Ross Sorkin of...

Last Investor Out of Russia: Please Turn off the lights - Investors are pulling money out of Russia at a faster...

Shanghai Surge Leads to Commodity Rebound - Speculation that the Chinese government is going to...

Lehman Brothers Enters the Death Spiral - We quickly turned to a full on fear environment with theh...

Freddie and Fannie Reverse Course Quickly; Government Bailout Inevitable - The Freddie and Fannie situation is leading to an...

Auction Rate Securities and the Ugly Truth - The author of this editorial in today's WSJ, a...

The First Billion is the Hardest - With the title of his forthcoming book, T. Boone Pickens...

While Banks Settle Auction Rate Securities Mess, Goldman Sachs Screws It Clients - As discussed throughout this site, the auction rate...

Greenspan Says that US is missing Opportunity dismantle Freddie and Fannie - Alan Greenspan faults the U.S.'s approach in fixing...

Inflation hits a 17 Year High - U.S. consumer prices jumped 5.6% from a year earlier in...

Andrew Cuomo's Doing the Right thing on Auction Rate Securities - Andrew Cuomo's showing that he is the real deal, not just...

Well Fargo Chief Economist Says Era of High Growth and High Innovation is Over - Here is a sobering article with the predictions of...

Germany Wobbles - As all of the data begins to show that Germany's export...

Iraq Now has a $79 billion cumulative budget surplus as a result of Oil prices - This is in fact utterly amazing. While we are all...

Whole Foods Earned $34 million this past quarter vs. over $49 million a year ago - Folks, those simple numbers are all that you need to tell...

GM Board Stands Behind Rick Wagoner - The GM board has certainly set the record at this point...

USB to Pay Mass $4.4 million for auction rate Settlement - UBS is getting a slap on the wrist for its role in the...

New York State sues UBS over Auction Rate Securities - It is good to see that Andrew Cuomo has the balls to pick...

Decline in Home Sales is Not Nearly Complete - Every indicator says that home prices are falling and...

Roubini Says that Government will Need to do More on Housing than Just Nationalize Fannie and Freddie - Roubini says that housing is going to fall further, the...

Roche Acquisition of Genentech Makes no Sense At All - Usually an acquisition makes some sense of some level to...

Recession Plagued Nation Demands New Bubble to Invest in - This is a very funny satirical piece from the Onion....

Is Erin Burnett of CNBC a Star? - The author of this flattering article in the New York...

Presssure Grows in europe to rethink Inflation targetting - A lot of multinational businesses in Europe are finding...

Wells Fargo Results Show All Banks Not Created Equal - Wells Fargo's results show that a financial institution...

Are Complex Trust Agreements Covered by FDIC Insurance - This is an excellent article outlining the risks behind...

Steve Ballmer to Carl Icahn: Remove these guys and we will speak - One way or another, Microsoft is going to acquire Yahoo!...

If It Looks Like a Bear, Feels Like a Bear and Acts Like a Bear, It is a Bear - We are now officially in a bear market on the Dow and...

RIMM Hits the Point of Diminishing Returns - Rimm's growth is slowing. They penetrated the consumer...

Inflation Tears Through Raw Material Pricing, Having Global Impact - You cannot read this article and believe that inflation...

IL to Sue Countrywide and POS Mozilo - Hopefully, this begins a trend that will make Bank of...

Saudi Oil Boost Fails to Alleviate Concerns - The Saudi oil boost over the weekend is completely...

Ambac and MBIA want $125 billion of their cover wiped out - The amount of exposure that these two insurers want wiped...

Steve Jobs' Health is Fine - Could article from Fortune explaining why Jobs looks so...

Lehman Bros. Lays off some folks - It is beginning to look like Lehman Bros. is entering a...

Oil Spikes to $139; G-8 is speechless - Oil has now moved dramatically higher. Without any...

AIG Misses and the Credit Crisis is Nowhere Near Done - AIG reported a record $7.8 billion loss and said it will...

Generic Plavix Rears its Ugly Head again - Probably more problems for Bristol Myers and Sanofi. The...

Oil Crosses $125 and hard times are definitely a comin! - If oil stays at or around the current levels, US GDP, by...

Goldman Analyst Suggests Oil Could Go to $200 a Barrel in 12-24 Months - The problem here is that this isn't some sort of wacky...

As UBS Cuts Jobs, More Signs that We are nowhere near done with the subprime crisis - Banks are just getting going with the job cuts and there...

Bank of America to Cut Countrywide Bid? - The latest scare on Wall Street in that Bank of America...

Merrill Lynch Probed on Auction Rate Securities - This article says that the government is beginning to...

Auction Rate Securities Nightmare continues - This is a great article from the Sunday New York Times on...

Lehman Bros. Bilked out of $355 million - It looks like the bad news just keeps coming for the...

McCain Opposes a Mortgage Bailout - John McCain is a straight shooter. We seem to live in a...

Dollar falls below 99 yen - end of the carry trade? - For years, financial investors have borrowed cheaply in...

Bear Stearns Won't be a Going Concern on Monday - The truth is that nobody really knows to extent to which...

Treasury Secretary Paulson Wants to Get rid of the Penny; he is an idiot - Everybody is concerned about inflation, and this moron...

Societe Generale's Ignorance doubted - It is really looking as though Jerome Kerviel wasn't a...

Frank assessment on the Market from Doug Kass - Kass points out that it may be incorrect during sharp...

Microsoft Makes a Bid for Yahoo! - This is far and away the best move by Microsoft in years....

Will the Fed end its January Meeting with Another Cut? - I believe that against a backdrop where inflationary...

SocGen Offers New Details on Fraud - Still a lot of things are not adding up here. First, it...

Global Markets Suffer Biggest One Day Collapse Since 9/11 - Anybody who believed that global markets could resist the...

2008 looks to be a dreadful year for markets as the crash continues - The broad market is following credit markets in severe...

Delta Certain to Merge With Northwest - This is a very interesting article which indicates that...

Monoline Insurers on the Brink - It is staggering but true. With Ambac down another 40%...

Starbucks Brings Schultz Back - It was very obvious that Jim Donald was incompetent so it...

Manhattan Real Estate Keeps Bucking the Trend - More good news for those fortunate to have a stake there,...

Michael Klein, an amazing Hedge Fund manager, Dies in Plane Crash - Very, very sad news from Panama.

Mortgage Fraud - This is an interesting article from the Wall Street...

Waterboarding Works! - This is an important article to read before you are...

Did Zuckerberg Steal Facebook - This article doesn't paint Zuckerberg and Facebook in...

Vodafone Faces $2 bn surprise tax liability in India - This is a fascinating story that is still developing....

Oracle Buys BEAS - Oracle's entire growth seems to come through acquisition...

German Auto Manufacturers: Far and Away the Biggest Loosers in the Dollar Collapse - The German auto manufacturers, particularly BMW and...

Stephen Roach Commentary on Declining Dollar - Stephen Roach has written an important commentary on the...

15% of Homes Listed in Detroit are for sale under $20,000 - This is a fascinating statistic if it is true. I also...

Bear Doug Kass Rips Ben Stein - Doug Kass is a noted bear so he obviously has his own...

Cramer's Own Writer Rips Him for Telling People to Walk from their Houses - Jim Cramer's suggestion that people just turn in the keys...

BNP Paribas Funds Prove to Be the Next Leg to Fall - If the French bankers are working in mid-August, then...

Barack Hussein Has Already Reached the Point Where he is talking and not making any sense - I hate to side with Hillary, but Barack Hussein is...

Side Deals for Bancroft Family in Dow Jones Deal - This is an interesting article about unusual and...

Russians are Trying to Claim all of the World's Oil - The Russians are laying claim on the arctic oil by trying...

FCC Caves in to Google and Votes in Favor of Open Access - Google is becoming very powerful. In this case, their...

Discovery's "Man Vs. Wild" Bogus? - If this is true, it would be very disappointing. When I...

Apollo Management to Sell Itself - Apollo Management, another major buyout firm, is selling...

Dow Jones Board Reaches Deal with Murdoch - This thing is looking like a done deal now. Any other...

State and Federal Lawmakers to Increase Regulation of Subprime industry - Better very late, then never, I guess.

Whole Foods Chief Apologizes - Now that I have just killed the stock price and engaged...

Interesting Piece from Market Commentator on Why Market is Overvalued Here - Here is an interesting article from John Hussman on why...

Paris Unveils Public Bike Program - This strikes me as an amazingly enlightened idea from an...

Vodafone to Acquire Verizon, Creating World's largest Company? - The Financial Times is reporting that Vodafone will...

The Richest of the Rich - Interesting article about the current guilded age where...

Motorola Rumor Zaps Zander - I am not sure that Zander is the visionary that Motorola...

Apple moves higher on IPhone Nano Hype - This latest speculation - that the iPhone will some be...

Record Bill from Mortgage Resets Coming Due - When you read this article about the effect of resetting...

The Blame Game - This is a fascinating comparison of the Japanese cultural...

Sprint Drops Customers for Excessive Service Inquiries - This is quite interesting, although probably not the best...

ATT Says they are almost out of IPhones - These guys are doing anything to keep the hype alive....

Sanofi Yanks Acomplia Application - Clearly a disappointment for the company to need to...

Buffett in USG - It is interesting that Buffett would be so heavily...

Bell Canada is Largest LBO Ever - Largest investors will be Ontario Teachers' Pension Plan...

RIMM sees Extraordinary Global Demand for its Product - RIMM has seen extraordinary demand for its new products...

Analysts all Raise their Amazon Targets (Now that the Stock has already moved) - This article points out how mistaken analysts have tried...

Taser and IRobot Team Up - I am not too interested in Taser, but IRobot could be an...

Vodafone Stock Jumps on IPhone Rumors - It will be interesting to see who launches the IPhone in...

EZChip in Bed with Cisco - I think that EZCchip / LanOptics is an incredibly...

Dell Finally Realizes that Marketing Matters - I am not sure if anything can save Dell now. They tried...

Teva Comments on the Biologics Price Competition and Innovation Act of 2007 - I read Pharmaking's comments on Genentech and am...

Blair Appointed Mideast Peace Envoy - Bush stood up to the Quartet and pushed this through....

When Jail Becomes a Publicity Stunt - Paris Hilton walked out of jail as if she was walking...

20 to 1 Odds Given that Someone Will Get Trampled Trying to Buy An IPhone on Friday - I think it is pretty likely.

Spain's Iberdrola to Buy Energy East - A major Spanish utility's acquisition of a US one...

Bear Stearns Can't Decide Whether to Bail out Funds - Each day's headline seems to contradict the one from the...

Tony Blair Set to Become Mideast Peace Envoy? - There is absolutely nobody better for this job. The...

Dry Cleaner wins $54 Million Case - I am glad that the dry cleaner won the case. The sick...

Pricewaterhouse Caves in to the Putin Tyrants - I for one find it inexplicable and unacceptable that a...

Cramer Attacks Alan Greenspan - In this stunning video, Cramer accuses Alan Greenspan of...

The coming crash in the Emerging Markets - I'd be willing to bet that all of the folks pushing...

Bear Stearns Lends $3.2 Million to Its Fund Brought Down By Sub-Prime Woos - This tells up that we are still at the tip of the iceberg...

Paris Hilton's father tries to Con ABC and NBC into a Bidding War for a Jail Interview with Paris - If Paris Hilton doesn't make you sick, this article...

BP to Cede Russian Investment to Gazprom - The more things change, the more they stay the same....

Americans in Denial About Fall in Housing Prices - Article suggests, correctly I believe, that many...

Tesco is Coming to America with its Fresh and Easy Grocery Brand - The article suggests that it may transform the US grocery...

Supreme Court Tightens Rules of Shareholder Lawsuits - It is about time that the Courts crack down on a practice...

Congress Weighs End to Hedge Fund Tax Break - No surprise that a Democratic Congress is going to close...