US Stock Markets Fall: US Oil, Nasdaq and Dow Jones Take a Hit

Nasdaq, Dow Jones and other US stock markets fell on Tuesday, July 7, due to an uncertain outlook for economic recovery. The US Obama administration has suggested another possible round of fiscal stimulus to...

‘100 Most Creative People’ List Omits Key Players

Reading Fast Company magazine’s recently-released “100 Most Creative People in Business” list, I noticed some glaring omissions.  Most notable among them are Bernie Madoff and Barack Obama, two...

President Obama's Weekly Address on Day 96 of a 100-Day Yardstick

It was President Franklin D. Roosevelt who started this odd custom of presidential deeds to be done in 100 days.  During the first 3-1/2 months in office, Mr. Roosevelt pushed through Congress the massive...

Is Madoff Really A Wall Street Anomaly?

As if the negative news of the past month was not enough to rattle the constitutions of the hardiest bank accounts, a new face has appeared to erase Paulson’s from principal and front-page news coverage. The new face of Wall Street’s meltdown is Bernard Madoff, a...

Shana Madoff and the Madoff Family SEC Connection

The Bernie Madoff Ponzi Scheme fraud is turning out to be a scandal of epic proportions that spans generations and could involve nepotism and corruption in the Securities and Exchange Commission.  Like...

Madoff Ponzi Scheme Fraud Hits Banks Worldwide

The Madoff Ponzi scheme fraud has gone international with the announcement today that banks in the EU have also taken million dollar hits from their dealings with Bernard L. Madoff Investment Securities LLC.  "...

Former Nasdaq Chairman Arrested on Fraud Charge

The founder of Bernard L Madoff Investment Securities and former former chairman of the Nasdaq stock market  Bernard Madoff has been arrested for fraud after allegedly admitting to running a $US50 billion...

Stocks Rise Dow +938 Nasdaq + 194 S&P 500 +104 Largest 1 day Gain since 1987

Stocks Rise Dow +938 Nasdaq + 194 S&P 500 +104 Largest 1 day Gain since 1987Wall Street makes stunning reversal from worst week ever. Dow, Nasdaq and S&P gain more than 11% after global crisis...

Dow Drops 369.88 Points, Below 10000, Lowest level in 4 years, down 3.5%

"Oct. 6 (Bloomberg) -- Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to...

Dow falls 300Points, Now Under 10,000-- Market Report - Oct. 6, 2008

" Stocks tumbled Monday, with the Dow Jones industrial average falling below 10,000 for the first time in nearly four years, as European governments' rush to prop up failing financial firms underscored the...

Google's stock plummets to $249 due to 'erroneous orders'

"Google's stock dropped to $249 towards the end of trading on Tuesday due to "erroneous orders."(Credit: Yahoo Finance)""As if this week wasn't already stressful enough on Wall Street, at the end of Tuesday...

Tech Stocks Drop as Market Plummets

The US stock market took a beating today as the House of Commons rejected the $700 billion bailout bill, as the DOW closed with the biggest point-loss on record.  Technology companies felt the pinch as it was...

The Golden Collapse

Here's an article from Reason Magazine written by Matt Welch. It's about what happened after the tech crash that happened at the turn of the millenium."Despite the considerable hit that the wave of tech publication closures had on the pocketbooks of freelancers like me, it...

5 ways to survive a market plunge

If the idea of selling low makes you cringe, think about how you'd feel when stocks dropped further. Here are key moves to make now. "The signs are remarkably clear: A bear market in stocks is on its way, and it's...

The heart of the financial world is the first stop for Ian Paisley and Martin...

"If it's Monday, it must be Wall Street... The heart of the financial world is the first stop for Ian Paisley and Martin McGuinness on their week-long visit to the United States. The executive leaders head off to...

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