SEC to Target Short Sellers
The Securities and Exchange Commission (SEC) made public on April 8 several alternative plans under consideration for regulating the activities of short sellers....
Markets
Japan & China: Following Obama’s Lead on Spending?
Chinese Premier Wen Jiabao’s remark that he was “worried” about the $1 trillion in U.S. debt he was holding caused such a chill...
Read moreDown Goes the Dow
Down, down, down goes the Dow (and all the other stock indexes), and how much further the markets are likely to fall before...
Read moreObama: Buying a Second Term?
On Tuesday, February 18, President Barack Obama achieved one of his first major goals in office by making his $787 billion stimulus plan...
Read moreMadoff’s Ponzi Scheme Victimizes ACLU, Others
In a December 23 communication sent to the American Civil Liberties Union's benefactors, administration and finance director Alma Montclair reported that the organization...
Read moreBailout Bill Did Not Stop Stock-market Slide
The enactment of the now-notorious $700 billion bailout package did not stop the downward slide of the stock market, as its proponents had...
Read moreFed to Buy Commercial Paper
Following a roller coaster day on Wall Street that saw the Dow close under 10,000 for the first time in years, the Federal...
Read moreGlobal Food Prices on the Rise
The recent precipitous climb in global food prices is nothing less than “mass murder,” according to UN food envoy Jean Ziegler. In a...
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