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Stocks Dip, Investors Cautious on RecoveryWorld stocks fell today, Friday, after a disappointing U.S. jobs report and a sluggish euro zone services sector survey reinforced expectations that the process of recovery in the global economy would be long and slow. U.S. employers cut far more jobs than expected last month and the unemployment... |
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Resource Stock Roundup:Friday, July 03rd, 2009Investors came off the Canada Day holiday in a selling mood as profit taking dominated the resource sector during Thursday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange was down 1.24%, while the TSX Gold Index rebounded 0.9% and the TSX Venture Exchange, Canada&rsquo... |
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Stay Out of the WaterNEW Unemployment figures Show We’re Still Lingering in Depression. This week began with shrieks of joy. First, a federal court came down on Bernie Madoff like a brick on a bald head. Madoff, convicted of lying to investors, drew a sentence that only a sea turtle or a swamp oak could complet... |
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Do You Know the Real Culprit in the Great Mortgage Meltdown?While politicians, talking heads, and bloggers blab about the causes of the mortgage crisis, Stan Liebowitz of the University of Texas lays out why they’re all dead wrong in today’s Wall Street Journal. Rather than subprime or lair loans being the culprits, Mr. Liebowitz illustrates ... |
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Must Reads Friday, July 3, 2009Taibbi goes on air and talks about Goldman article [video] BNN New evidence on the foreclosure crisis WSJ Michael Lewis on Wall Street reckoning day Wall St and Tech Rich Harvard, poor Harvard Vanity Fair Rogue broker blamed for oil spike FT Banks own the US government Guardian Banks’ bogus... |
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Galapagos Vacations? Politician’s Overseas Travel Is Up Almost Tenfold Since 1995“A review of travel and financial records showed that Gov. Mark Sanford did not spend public money improperly when he visited his mistress”, the chief of the South Carolina Law Enforcement Division, Reginald Lloyd, said this afternoon. Thank goodness Governor Sanford’s fornicati... |
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