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Chart?chs=208x105&cht=gom&chd=t:49&chco=ff0000,ffffff,008000 49

Bearish 49% (0%)

 
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THE news organisations are trumpeting new retail sales data out of America. Here's breathless Bloomberg on heroic American shoppers:Sales at U.S. retailers unexpectedly climbed in February as shoppers braved blizzards to get to…Read

Stocks: AMT Topics: short, silver
Big Picture, 3 days ago

The bankruptcy report on Lehman is both revealing and damning. Once again, the investing public learns — after the fact — the basic truisms of modern markets: -Major accounting firms are worthless to investors. They…Read

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DealBook (NYTimes), 15 minutes ago

JPMorgan Asset Management has invested almost a quarter of its $860 million Asian infrastructure fund in China and India assets, as part of efforts to complete investments in the next two years, Reuters reported.…Read

Topics: china, india
DealBook (NYTimes), 21 minutes ago

Bits sat down with Andrey Ternovskiy, the teenage Russian founder of Chatroulette, to hear his story about being too young to receive payment for the Google ads he was running and why so many investors want to be his new best…Read

Seeking Alpha, Internet, 24 minutes ago

There are a lot of stubborn bears out there that still are shouting overvalued when it comes to Amazon (AMZN), the trouble is, nobody is paying attention to them as the shares just keep on moving higher and higher. At a market…Read

Stocks: AAPL AMZN Topics: bubble, call, long, sell, short
DealBook (NYTimes), 25 minutes ago

While for decades Chicago-based inventors and entrepreneurs have often lacked the money and business savvy to bring their ideas to market, a serous effort has been afoot over the past few years to raise Chicago's standing as a…Read

Topics: biotechnology
Hedge Fund Implode-O-Meter, 26 minutes ago

David Rubin, accused of rigging hundreds of investment contracts for local governments across the U.S., is at the center of investigations by city and federal authorities into a Los Angeles housing development. The $31…Read

Stocks: HF Topics: put
Big Picture, 29 minutes ago

Part I Watch CBS News Videos Online ~~~ Part II Watch CBS News Videos Online ~~~ There are numerous web extras here: Source: Wall Street: Inside the Collapse Author Tells “60 Minutes” What Led to Wall Street Collapse…Read

Stocks: CBS Topics: collapse, michael lewis, short
Hedge Fund Implode-O-Meter, 30 minutes ago

Goldman Sachs Group Inc. and JPMorgan Chase & Co., two of the biggest traders of over-the- counter derivatives, are exploiting their growing clout in that market to secure cheap funding in addition to billions in revenue from…Read

Stocks: HF Topics: hedge fund

This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Harry Markopolos (BusinessWeek):  How I got the goods on Madoff, and why no one would listen, March 11,…Read

DealBook (NYTimes), 31 minutes ago

Whenever savvy private equity firms sell debt in the companies they own, buyer beware. That's the lesson for bondholders in Wind Hellas, a Greek mobile phone operator whose parent company defaulted on some of its debt payments…Read

Topics: private equity, sell
Hedge Fund Implode-O-Meter, 34 minutes ago

" New data showing weak lending finance is evidence of an economy slowing after the government stimulus has worn off and could spare borrowers an April interest rate rise."…Read

Stocks: HF

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