Talk about clawbacks: A graduate is suing her college for $70,000 in tuition payments, saying she's been unable to find a job since graduating in April and her school's career office hasn't provided the advice it promised. [View news story]
Calpers sues Moody's, Fitch and S&P after suffering $1B in losses caused by 'wildly inaccurate' credit ratings. In 2006, Calpers bought $1.3B of structured investment vehicles which held the rating agencies' highest credit rating, only to see the SIVs collapse in 2007 and 2008. [View news story]
Ratings agencies have escaped too much of the negative attention due them
Big household-products makers are digging in their heels and refusing to roll back significant price increases they've made over the past year, saying they think higher prices will stick. Retailers aren't happy. [View news story]
I wish they'd stop linking articles I have to be a subscriber to read.
Pengrowth Energy, Gold Miners ETF: Value in Commodities [View article]
An unfortunate aspect (to me) of PGH is that it is an MLP (at least on my broker statements) which means eventually I will have to sell it from my IRA portfolio.
Wall Street Breakfast: Must-Know News [View article]
Question -- so say the BUD deal closes at $70 and you have these Dec calls 65 strike price. Why would anyone pay $5 for them since they will make no money? Will they trade at $5? Do you have to exercise the options to make the full amount?
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Latest | Highest ratedAs part of an overhaul of the Enforcement Division announced last month, the SEC has reportedly hired Adam Storch, 29-year-old ex-Goldman Sachs (GS) fraud analyst, as the unit's first chief operating officer. [View news story]
Talk about clawbacks: A graduate is suing her college for $70,000 in tuition payments, saying she's been unable to find a job since graduating in April and her school's career office hasn't provided the advice it promised. [View news story]
Calpers sues Moody's, Fitch and S&P after suffering $1B in losses caused by 'wildly inaccurate' credit ratings. In 2006, Calpers bought $1.3B of structured investment vehicles which held the rating agencies' highest credit rating, only to see the SIVs collapse in 2007 and 2008. [View news story]
When millionaires say they won't stand being fleeced by tailor-made rich taxes, they mean it. [View news story]
Option Spreads With Large Upside and Limited Downside [View article]
Perhaps unsurprisingly, student loan defaults are skyrocketing as rising tuition costs clash with a weak job market. [View news story]
NOW I AM 100K IN DEBT AND CAN'T FIND A WORK
CURSE YOU ECONOMY THIS IS ALL YOUR FAULT
Money managers and analysts who have studied past bear markets say they have yet to see the signals of a true market bottom. [View news story]
Big household-products makers are digging in their heels and refusing to roll back significant price increases they've made over the past year, saying they think higher prices will stick. Retailers aren't happy. [View news story]
Allen Stanford found in U.S. by FBI. Update: Found in State of Virginia. Was not arrested, only served civil papers. ((NBC)) [View news story]
Cramer's Lightning Round - Don't Be Fooled by DryShips (2/12/09) [View article]
Pengrowth Energy, Gold Miners ETF: Value in Commodities [View article]
Alberta Acts to Reduce Oil Royalties [View article]
Leverage Obama's First 100 Days with Covered Calls on GE [View article]
The joint statement on Citigroup's (C) rescue and the terms of the deal. [View news story]
Wall Street Breakfast: Must-Know News [View article]