The Man Who Cried Ponzi

Michael Lewis, author of “Liar’s Poker,” looks at the many intertwined interests that kept Wall St. embroiled in such questionable practices ... Commission that Bernard L. Madoff couldn’t be anything other than a fraud. Mr. Madoff’s investment ... , as we now know, it was. Harry Markopolos sent his report to the S.E.C. on Nov. 7, 2005 — more than three [more...]

Date: 2009-01-04 13:44:31

Blog posts (528) | Videos (264)
 

Desperation Has An Ugly Face

It’s Friday desk clearing time for this blogger. “A lot has happened since 2004 — in the housing market and in the lives of everyone associated with Vantage Pointe, the largest residential project ever to be built in downtown San Diego. Jennifer Bishop made a 5 percent deposit on a unit in Vantage Pointe in one of the first phases, she said [more...]

Date: 2008-12-05 19:49:04

Terrorists on Murderous Rampage in Mumbai: As Muslims, We Condemn it

these events.  SubhanAllah.  If you need something completely different, try this. Otherwise, I’ve left the article below intact, but there is no doubt that recent events affect the way one reads what had been the very first words of this post: India Calling to a whole generation — the sons and daughters of expatriates who left India seeking [more...]

Date: 2008-11-27 01:17:13

Windows Azure and Cloud Computing Posts for 10/1/2009+

Windows Azure, Azure Data Services, SQL Azure Database and related cloud computing topics now appear in this weekly series.   Note: This post is updated daily or more frequently, depending on the availability of new articles in the following sections: Azure Blob, Table and Queue Services SQL Azure Database (SADB) .NET Services: Access Control, Service Bus and Workflow Live Windows Azure Apps, Tools and Test Harnesses Windows Azure Infrastructure [more...]

Date: 2009-10-01 23:00:00

Could It Be ….. Recovery? If So, Hurry Up Already

I’m starting to like this 78-day presidential transition period more and more. That’s because in another 30 days or so, the economy might ( ... to be a flock of refi applications. At a minimum, most of these will lower monthly payments and free ... freeze” on credit to worthy borrowers has struck me as absurd for the three months. The reported [more...]

Date: 2008-12-18 17:29:55

CNN’s Lack of Perspective

Here’s another pattern to watch out for. A “Situation Room” segment that aired yesterday highlighted 11,391 infrastructure proposals from the U.S ... want to take credit for “free” projects that their constituents like, to increase their chances ... this as an example to argue against all stimulus. Scanning the report, the vast majority of projects [more...]

Date: 2008-12-19 14:45:07

Hot Stocks: Priceline.com Shares Poised to Beam Up, Barron’s Says

With Priceline.com Inc. (NASDAQ:PCLN) – the name-your-own-price travel-services player – it’s time to either beam up or buy in ... that Money Morning has repeatedly made as part of its ongoing “Credit Crisis Safety Plays” series. As those ... , including $282 million in free cash flow this year. At Friday’s closing price of $54.57, Priceline [more...]

Date: 2008-11-18 12:12:44

Phelps, Lucas, Seten, Stiglitz, and Samuelson

I missed this when it came out last Wednesday, so thanks for the email: Edmund S. Phelps: What Has Gone Wrong up until Now more ... Robert E ... here about the need to regulate the shadow banking sector (though I only gave past regulation credit ... and it is important to maintain focus. In my view, these are the most important considerations for [more...]

Date: 2008-11-18 21:08:00

DrumBeat: December 4, 2008

The Peak Oil Crisis: July 2008 – A Month To Remember Most students of the subject at first thought that world oil production was going to peak for geological reasons --- the inability to find and produce enough oil to keep our annual consumption ... Lynch & Co. said in a report today. U.S. fuel demand during the four weeks ended Nov. 28 was down [more...]

Date: 2008-12-04 14:07:31

SC Diocese Appears to Repudiates Catechism; SC Priest Is ‘Reined In,’ But Right (Update: Full Text of Letter)

BizzyBlog), I noted news that Fr. Newman, a Catholic priest and pastor at St. Mary’s Church in Greenville, South Carolina, had informed parishoners who voted for Barack Obama in full knowledge of the Illinois Senator’s aggressively proabortion positions that they “should not receive Holy Communion until and unless they are reconciled to God in the [more...]

Date: 2008-11-16 14:15:55

Gates of Vienna News Feed 11/12/2008

Some headlines to look at:“Muslim Killed Catholic Girl in Love With Flatmate”“London Fundraisers Linked to Stoning of 13-Year-Old”“Possibly Tens of Thousands of Somalis in the US Illegally”“New Anti-Christian Attack in Mosul, Two Sisters Killed”But then there’s this:“Denmark: Ready to Ban Headscarves for Judges”So it’s not all bad news [more...]

Date: 2008-11-13 04:52:00

The Shadow Gold Price

“The Shadow Gold Price” Paul Brodsky & Lee Quaintance run QB Partners, a private macro-oriented investment fund based in New York.” ~~~~ Conclusions: Spot Gold is fundamentally cheap versus its intrinsic monetary value by a factor greater than 10 Stocks are empirically very cheap versus the current quantity of paper money bank reserves [more...]

Date: 2008-12-10 13:00:25

Renters spending half as much this holiday

The latest survey by Apartments.com shows that renters report that they’re trimming their spending this holiday season by more than half for gifts, ... they are charging holiday purchases on a credit card. For a complete list of money-saving tips on gifts ... O.C. landlord offering a month’s free rent Inland Empire refugees boosting O.C. rents? West [more...]

Date: 2008-12-11 03:00:54

Houses, Credit Reports, Lenders….ACK!

Wondering about buying your first home? Are you ready to move up or down-size? Have you heard they aren’t making loans any more? ... terms Lenders want: *Stable work history; Two years Employment in the same field is considered ... your needs. *Good credit; your credit score needs to be 620 or higher, in most but not all cases. FHA [more...]

Date: 2008-11-08 12:00:06

ONE Tip for 2009 - Identity Theft Still Rampant so Sign up for Lifelock.com

I got this email from some very close friends yesterday who were asking to spread the word about their identity thefts: ... in custody. We have had credit card fraud, checks cashed, new accounts opened on line and in stores ... more issues on my credit report before it is over. I am going to have to testify against the woman [more...]

Date: 2009-01-01 19:51:24

Gates of Vienna News Feed 1/5/2009

Read through the official European reactions to Israel’s ground offensive into Gaza: Zapatero, the Vatican, the Italian government — all are pressuring Israel for a ceasefire. The surprise is Dutch Prime Minister Jan Peter Balkenende, who states that it would be pointless to condemn Israel without addressing what Hamas is doing [more...]

Date: 2009-01-06 04:54:00

Private Equity: It?s Not a Downturn, It?s a Decimation

Private-equity mavens like to describe the credit crisis as a “perfect storm” or “financial tsunami, ... . Their report’s message: take cover. The consultants expect 50% of all companies backed by private-equity ... prices. Thomson Reuters data show that the number of bankruptcy filings by pending or current financial [more...]

Date: 2008-12-23 12:03:00

Rick Warren and Rev. Wright

scrubbing his church Web site to remove language that talked about banning gays from membership (though the church's apparent PR firm (what church has a PR firm?) just emailed me to say they have no rescinded their language on homosexuality, but rather they've "repurposed" it (repurposed?) in a series of videos. Whatever [more...]

Date: 2008-12-23 19:18:14

How To Quickly Build a Big Subscriber List

This is about email subscribers, not RSS subscribers.  RSS is nice, but it will be awhile before it hits critical mass for most markets ... t know how to use RSS. The fact is, even if you are in a niche where your readership is savvy enough ... for free. (If I had to start all over, this is exactly how I would launch my business on the web [more...]

Date: 2009-01-14 20:33:40

Gates of Vienna News Feed 1/2/2009

In tonight’s news: Israel is poised to send ground troops into Gaza.A Muslim family was removed from a plane before takeoff, and is being compensated by the airline for the error. CAIR is in high dudgeon about the incident.Thousands of shoes were dumped on a Miami expressway — is that a message for President-eject Bush? [more...]

Date: 2009-01-03 04:42:00

The Pointless Pursuit of More: When is Enough Enough?

Photo by Andrea I hope you had a great holiday this past week, and that they were as restful as they were fun; ... report on a newly introduced concept called the “standard of living.” A new idea, this was developed soon ... t have much motivation to work. In this report, the government noted: “..The survey proved [more...]

Date: 2008-12-29 17:01:07

Truer Words Never Spoken

The other day Josh Marshall had a reader write in and describe the challenge President-elect Obama is going to face with the media and ultimately ... government control over the free market in the United States." The article itself details a report ... to fail. But the entire point of the report is that we presently do not have a functioning free market [more...]

Date: 2009-01-16 18:06:00

DrStockPick.com Stock Report! Thursday October 1st, 2009 (Upgrades/Downgrades)

Dr Stock Pick HOT News & Alerts ! _______________________________________ FREE Daily Stock Alerts From DrStockPick.com _______________________________________ Thursday October 1st, 2009 DrStockPick.com Stock Report! ************************************************************** Stocks Upgraded Today Company Ticker Brokerage Firm Ratings Change Price Target China Unicom Hong Kong CHU Credit Suisse Neutral » Outperform [more...]

Date: 2009-10-01 14:03:19

Use Online Surveys To Build Customer Trust And Loyalty And Thrive During The Recession

The ongoing financial crisis and talk of recession has left a lot of Internet marketers worried about whether they will be able to stay in business ... . Social network marketing sites, email, instant messaging and Skype all offer the Internet marketer ... with products first is not a great way to raise your credit rating with your prospects. One good way [more...]

Date: 2008-11-19 17:54:53

De-leveraging the Children of Wall Street

submitted by James Baker Welch, VP of Rothschild Investments One of the most stunning facts of the 2008 Financial Melt-down has been the wholesale ... regulatory agencies to determine if the institution has met the credit needs of its entire community. 1   The CRA began to compel banks to underwrite less credit-worthy mortgage loans in order [more...]

Date: 2009-01-15 15:40:18

Girardi interview coming up

All of the managers attend the Winter Meetings and have scheduled times that they meet with the media. Joe Girardi’s session will be today at 6:30 p.m. (ET), so check back later to see what he had to say. Brian Cashman will meet with Yankees beat ... Feel free to post news you find on another site or blog. But credit the writer and provide a link [more...]

Date: 2008-12-09 21:39:09

Fed “Shock & Awe,” What 0% Means, 2008 Pay Raises, Controversial Auto Survey and More!

Fed saves us from ourselves… details of the historic FOMC decision… Dan Amoss and James Turk on the implications of 0% interest rates… Dollar gets ... to further support credit markets and economic activity.” “This announcement,” Dan Amoss wrote ... metals.” In anticipation of this “shock and awe” rate decision, Dan helped his Strategic Short Report [more...]

Date: 2008-12-18 19:08:51

Opportunity Extraordinaire or “Dumb First Class?”

Taipan daily editor Justice Litle responds to some of his readers’ investment queries below. Is this the perfect time to get into the market, or is the market still a no-go zone? In honor of this historic day – not to mention the risks of an unchecked majority in the senate – we’ll start things off with a little humor. [ [more...]

Date: 2008-11-04 18:36:10

Gates of Vienna News Feed 1/4/2009

The overwhelming evidence of global warming continues to accumulate — as does the level of ice and snow in Greenland’s central ice cap, which increases at a rate of about two inches a year.Shhh! Don’t tell Al Gore…Thanks to Abu Elvis, Barry Rubin, C. Cantoni, heroyalwhyness, JD, Lexington, LN, RRW, VH, and all the other tipsters who sent these in [more...]

Date: 2009-01-05 04:27:00

Identify Credit Repair Scam in 6 Ways!!

by David Wada Everyday, companies target consumers who have poor credit histories with promises to clean up their credit report so they can get a ... . The truth is, these companies cant deliver an improved credit report for you using the tactics they promote. Its illegal: No one can remove accurate negative information from your credit report. So [more...]

Date: 2009-01-16 06:23:45

Overcome Fear in the Economic Crisis

fear-economy.jpg Photo: Lucia Holm It seems that you can’t go even one day without hearing a comment, a remark, a report, or an article highlighting the current economic downturn.  How can we keep a positive attitude ... asking for advice on how to deal with the current economic situation, emotionally. Here is one such email [more...]

Date: 2008-12-18 01:08:08

iranfootballteam' s Blog blogfa

Showing off your elegant neckline is an excellent way to draw attention to your well-formed upper body, and to bring a natural glow to your face. Oftenitmes we forget dreams as soon as we wake up. Small business credit cards are unsecured ... copy of my credit report? Yes. - Avoid shaving as much as possible; while shaving takes care to avoid [more...]

Date: 2009-01-17 00:34:22

To p2pnet — ‘You’ll be sorry!’

p2pnet news view Freedom | P2P: “You a fucking washed out loser. You can not make a living in any other way except by running a site which says it is a new site that which is nothing but you shooting your mouth off.” That’s part of several emails I found waiting for me following yesterday’s Trolls? Not. But flames? OK (mostly) [more...]

Date: 2008-11-23 15:27:24

Fair Weather Friends of the Market

It’s hardly a news flash that many people who are widely regarded as lions of the pro-market side have gone over to the dark side in recent months ... tremendous volatility, officials at the Fed and the Treasury began to act as if imminent disaster loomed ... have known better began to talk and to act as if the economy stood on the brink of complete [more...]

Date: 2008-12-25 22:46:08

What Sarah Palin didn't know, as reported by Fox's Carl Cameron

(UPDATE: See below.) Now it can be revealed, Fox News Channel reporter Carl Cameron just told network anchor Shepard Smith. [ ... presidential ticket, said he had been told by unnamed sources -- and on the condition he not report the details ... American Free Trade Agreement. He did not mention which one (or ones) she whiffed [more...]

Date: 2008-11-06 01:07:12

Universal Service

According to this November 6, 2008 article in the Examiner, the following appears in The Plan: Big Ideas for America, a book Rahm Emanuel coauthored: It's time for a real Patriot Act that brings out the patriot in all of us. We propose universal ... of civilian service. They'll be asked to report for three months of basic civil defense training [more...]

Date: 2008-11-09 01:00:00

The retail crash bodes ill for services

This is bad any way you slice it: Retail sales plunged far more than expected in December, a record sixth straight monthly decline as consumers were battered by a recession, a severe credit ... of the housing slowdown continued to seep into the local economy. According to a report Tuesday [more...]

Date: 2009-01-14 15:06:15

Europe filled with anti-Semitism… Again

Sad, but not surprising, coming out of the continent that gave the world the National Socialist Party. You and I call them Nazis ... and Madrid. Give Giancarlo Desiderati credit for his unintellectual honesty. While most left-wing ... , Intifada, Free Palestine.” Mr. Van Bommel later insisted this wasn’t a call for Jewish blood but for “ [more...]

Date: 2009-01-16 12:56:35

The New Rules of Green Travel

The Iowa Climate Change Advisory Council recently released its final report which suggests two scenarios to cut the state's .. ... credit crunch, many economies are in poor shape. Oil prices are continuing ... continue » ‘Shovel Ready ... of production and products ... click to view full size [more...]

Date: 2009-01-07 18:54:17

On Credit Cards and Free Credit Reports.

Finally I was able to pay online my credit card dues yesterday. It’s not that I’m short on funds (since my bill is just a few hundred bucks) ... credit reports. If there are corrections, they should notify the agency to remove credit report ... so I was just lax about it. That’s how I am usually when our budget’s not that tight. My hubby insist [more...]

Date: 2009-01-15 06:40:58

Recognizing a Credit Repair Scam

by David Wada Everyday, companies target consumers who have poor credit histories with promises to clean up their credit report so they can get a ... . The truth is, these companies cant deliver an improved credit report for you using the tactics they promote. Its illegal: No one can remove accurate negative information from your credit report. So [more...]

Date: 2009-01-16 06:24:58

For stores, the holiday season may already be over

NEW YORK (AP) — The holiday shopping season begins Friday with a blitz of early morning specials. For some merchants, though, it’s practically over already. Piles of jewelry, clothing and electric drills are bypassing store shelves and heading straight to liquidators by the caseload as stores try to save as much cash as they can [more...]

Date: 2008-11-28 02:37:40

Best debt collection agency!!

I was the finance head for my department and I used to suffer a lot and it was a real pain when it comes to recovering money that is owned. You give out goods on credit and then they fail to pay the money back. That’s when my friend ... harder. They also provide report and status along with legal help involved in collection of debt [more...]

Date: 2009-01-16 04:13:52

Why Best Buy (BBY) Won’t Go The Same Way As Circuit City (CC)

Electronics retailer Best Buy (NYSE:BBY) slashed its full-year outlook today, saying it was “the most difficult climate we’ve ever seen ... the holiday season. This from Smart Profits Report: Here in the U.S., the mess continues unabated ... the floundering company’s fourth consecutive negative quarterly report, the markets reacted [more...]

Date: 2008-11-12 17:14:47

3 Ways People are Making Affiliate Sales (That Work!)

This is a guest post contributed by Glen Allsopp who writes the PluginID blog which is a wonderful read about personal development. If you are interested in contributing a guest post here, please see these guidelines. Over to Glen… When Caroline offered her readers the chance to do a guest post, I had to jump at the opportunity [more...]

Date: 2009-01-09 03:42:50

Apple App Store Refund is Possible

A few weeks ago I bought the WunderRadio app for the iPhone because it did something most other Internet radio apps ... thing for free. The real differentiator was that it was able to stream almost all of the Clear Channel ... to “report a problem” through my iTunes purchase history (iTunes link), but it gave me a message [more...]

Date: 2008-11-05 17:04:00

Loose Lips Daily: Fenty Bids Dubya Farewell

As much local politics as humanly possible. Send your tips, releases, stories, events, etc. to lips@washingtoncitypaper.com. And get LL Daily sent straight to your inbox every morning! IN CASE YOU MISSED IT—”Man Dies at City Detox Facility“; “Wilson Building Gift Grab Begins” DATELINE CHICAGO—Morning all [more...]

Date: 2008-12-22 14:47:20

The Price Of Success: Cloud & Social Network Advancements Spawn Innovative Spammers

MessageLabs (now part of Symantec) just released a fascinating trend-analysis of the dark side of the internet. (Key findings below.) ... a lump of coal for Christmas. Excerpted highlights (full report here): Spam spike—2008 annual spam ... . Law enforcement crackdown—Operations of a number of spammers and cyber-criminals were disrupted by law [more...]

Date: 2008-12-04 22:16:55

Voting Rights Watch: Media exposure, voter education reduce 'lost' presidential votes in tight NC race

what it meant for the state to not only go Democratic, but elect the first African-American president, here ... declared with typical swagger in The New York Times that "Obama can write off Georgia and North Carolina ... Obama turn North Carolina blue? A number of factors gave him this victory: * Obama mobilized [more...]

Date: 2008-11-06 17:17:11

Ctrl BG: A Shortcut to Financial News 11/7

It was another turbulent week in the markets.It started off with a rally as election day approached and everyone was filled with hope for change ... . Everyone in the streets were hyped, retailers like Starbucks and Ben & Jerry's were giving out free ... report this week showed that in October, 240,000 jobs were lost, taking the unemployment rate [more...]

Date: 2008-11-08 04:00:00

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