• Neil Barofsky warns government risks housing bubble • Troubled Asset Relief Program cost US taxpayers $700bn Washington’s efforts to fix America’s financial system have created a “heads I win, tails the government bails me out” mentality on Wall Street, according to a stinging report from the watchdog in charge of monitoring the government’s bank [...]
Colin Peterson submits: "In April the Dow Jones industrials touched a point 50 percent above the November low; no one could know that it was a point they would not touch again until 1954."That’s a quote from Once in Golconda: A True Drama…
Prieur du Plessis submits: This week on Consuelo Mack’s Wealthtrack: the intersection of stocks, politics and energy and what they mean for your portfolio. Consuelo sits down with Wall Street’s number one Washington analyst, ISI Group&r…
Filed under: Bad News, HousingThe optimism on Wall Street about housing is surreal given all the public data on housing values, mortgage defaults, foreclosures and new home starts.Housing prices are going to fall nationally for another couple of yea…
(ChinaPost.com.tw) – Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while othe…
NEW YORK (Reuters) – American Express Co raised Chief Executive Kenneth Chenault’s base pay by 60 percent to $2 million for 2010, in the latest instance of Wall Street firms boosting regular executive compensation while cutting bonuses.
Filed under: Earnings Reports, Forecasts, Exxon Mobil (XOM), Chesapeake Energy (CHK), OilOil giant Exxon Mobil Corporation (XOM) is going to be reporting its fourth quarter numbers on Monday. Going into Monday’s report, Wall Street is expecting to s…
President Barack Obama vowed in his State of the Union address on Wednesday to make job creation his top priorityThe US economy is forecast to have gathered steam in the final three months of last year, helped by a gradual revival of the housing market.Wall Street analysts expect growth to have picked up to 4.6% [...]
NEW YORK (Reuters) – U.S. stocks dropped on Thursday as poor outlooks from Motorola and Qualcomm dented optimism in the technology sector while worries about Greece’s fiscal health dragged on sentiment.
eChristian Investing submits:Cisco Systems (CSCO) is scheduled to report its fiscal second quarter 2010 results after the market closes on Wednesday, February 3rd. Based on analysis from EarningsPreviews.com, Cisco is expected to report better than …