Citi plans sale of private equity unit: report
NEW YORK (Reuters) – Citigroup Inc plans to sell or spin-off its $10 billion Citi Private Equity unit in order to cut its debt, Bloomberg reported on Sunday, citing people familiar with the matter.
Flight delayed? Make the most of the airport, then
Spending time at the airport needn’t boring and expensive, especially if you plan ahead and do some savvy shoppingStrikes, delays, cancellations and missed flights. Just four reasons you might end up stuck in an airport. With BA customers facing industrial action and some airlines looking at bankruptcy, there could be more of the same on [...]
Moving Beyond Fear and Anxiety
I had the pleasure of running into Dr. Doug Hirschhorn this past week, and he was kind enough to pass along a copy of his new book “8 Ways to Great”. The book is subtitled “Peak Performance on the Job and in Your Life” and offers worthwhile insight…
Five Reasons to Short the U.S.
Filed under: Bad News, Goldman Sachs Group (GS), Morgan Stanley (MS), ETF Investing, HousingI love my country: the chaos, the hurly-burly of democracy, the hard work of quiet people and the great, big heart as shown by our private donations to Haiti…
The Big Picture for the Week of January 31, 2010
A few ETP odds and ends.PowerShares filed for small cap sector ETFs for all ten of the big S&P 500 sectors. The funds will be called PowerShares S&P SmallCap then whatever sector it tracks. For anyone so inclined you can probably glean what …
Rich people eschew Switzerland for Asia
(ChinaPost.com.tw) – Rich individuals from Europe and the Middle East are moving money from Switzerland to Asia, said Renato de Guzman, who heads private banking at Oversea-Chinese Banking Corp. after it acquired Asian assets of ING Groep NV.
How Prop Firms Can Attract the Right Talent
My recent post took a look at how traders can make themselves attractive to proprietary trading firms. Now let’s take a look at how prop firms can attract promising trading candidates.The best way that prop firms can recruit top people is by being …
Which Currency Can Fund the Carry Trade?
Gary Gordon submits: What is an inevitable result of trillions in worldwide stimulus? Money, and/or the easy access to it, finds its way into market-based securities. In brief, if people can borrow a well-established currency at negligible interest…
A Forgettable Month for Natural Resources ETFs
Gary Gordon submits: The population of the world is growing at a rapid pace. Billions of people require more of just about every imaginable natural resource — oil, gas, grains, livestock, metals, materials and water. Most people believe it wi…
Readers Favorite Award for Best Book on Relationships Goes to: ‘Understanding Other People: The Five Secrets to Human Behavior’
MEDFIELD, Mass., Jan. 29 /PRNewswire/ — The hot-selling book Understanding Other People: The Five Secrets to Human Behavior was selected for the prestigious Readers Favorite Gold Award. The selection was made by a panel of experts who reviewed thousan…