Bankruptcy
The propaganda campaign by the US government is trying to mask the fact that the economic recovery plan is failing and that America is rapidly losing confidence in Team Obama.You cannot have a sustained recovery without…Read
Hitch A Ride With Ford On The Path To Profits by Tony Daltorio, Investment U Research Wednesday, March 10, 2010 Ford Motor Company (NYSE: F) just celebrated its first annual profit since 2005. After losing $6.9 billion in…Read
Hitch A Ride With Ford On The Path To Profits by Tony Daltorio, Investment U Research Wednesday, March 10, 2010 Ford Motor Company (NYSE: F) just celebrated its first annual profit since 2005. After losing $6.9 billion in…Read
Successful trades are boring - I keep notes in ACT! (a contact manager) for each buy/sell decision I make on stocks in my portfolio, two or three paragraphs to track what I was thinking at the time. My best trades don't make…Read
Before there were dedicated 24-hour sports networks, ABC would broadcast Wide World of Sports every Saturday afternoon. The tagline for that show: Spanning the globe to bring you the constant variety of sport the thrill of…Read
Nothing’s changed — the ‘chasers’ just moved from mortgages to munis. Barry at The Big Picture: In 2009, bond buyers poured $7.8 billion into higher-yielding municipal bond funds, more or less ignoring…Read
ATHENS, Greece (AP) Greek unions say nationwide strikes will shut down all public services, closing schools, customs and tax offices, halting public transport and grounding flights for 24 hours. Greeks have been protesting the…Read
California is doomed for two simple but profound reasons: the cost structure is too high for most businesses to survive, and a boom-dependent economy. The dysfunctions crippling California would easily fill a volume: a…Read
(This guest post previously appeared at the author's blog The Economic Collapse) How do you save a city that is dramatically declining like Detroit? Well, for the mayor of Detroit the answer is simple - you bulldoze one-fourth…Read
Detroit Publishing Co. The Accident part 2 November 12, 1906"Accident at Michigan Central R.R. depot, Detroit" Ilargi: This will have to be short, since I’m about to board another train for a day-long (12-hour) journey.…Read
More than one news outlets ( ">USA Today, WSJ, AP) reported that Bank of America will formally end its practice to charge overdraft fees that go as much as $35. Starting from June 19 for new customers and starting from…Read
I’ve seldom seen so much rubbish written by people who ought to know better in a single day. Many other able people have heaped the scorn and incredulity on three articles, one a piece on Rahm Emanuel slotted to run in the…Read
This March conveniently marks both the one-year anniversary of the stock market trough during the Great Recession and the ten-year anniversary of the dot.com bubble peak. As such, the trailing 1-year and 10-year performance…Read
Monday, Barney Frank came out with a letter addressed to some of the big banks putting some muscle on them. He wants them to write off their second lien mortgages. He thinks the seconds are junk. His words:Large numbers of these…Read