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Like a fleck of pepper in a bag of sugar, Kathleen Casey-Kirschling is entirely unique. Born on New Year’s day 65 years ago, she is the oldest baby boomer...
Bank of America Ordered to Stop ALL foreclosures in Nevada a non-judicial state – Attorney seeking Possible Class Action Status
The judge ruled they can only foreclose with a judges order, which is only for judicial state foreclosures. The non-judicial states do not need court orders for...
“Obama has done a horrible job and he is dishonest” – Marc Faber on Bloomberg 01/25/11
%excerpt% Go here to read the rest: “Obama has done a horrible job and he is dishonest” – Marc Faber on Bloomberg 01/25/11
Bob Janjuah Sees a 10% Correction.
Here’s great video from Bloomberg with Bob Janjuah. In it Bob discusses what we have known all along: Without the helping hand of the Fed, the market would...
Fear the Reaper
It’s been a hell of a run. The economy is back on track. A new survey from the National Association for Business Economics suggested that jobs were coming:...
Schlumberger Sees Increasing Demand, Global Opportunities for Drilling
Filed under: Earnings Reports , Schlumberger Limited (SLB) , Oil On Friday, oil field giant Schlumberger ( SLB ) posted a 31% profit for the fourth quarter, as...
Market Historian: Top Sectors for the Presidential Cycle
Filed under: Newsletters , S and P 500 , DJIA “The third year of the Presidential cycle has historically been the most profitable year of the cycle in terms...
2012 Housing Recovery
The National Association of Homebuilders Chief Economist David Crowe just forecast 575,000 housing starts for 2011 — a 21% jump over the 475,000 starts of...
Why Theft Is Never OK, Even When the Government Does It
Yesterday was the morning of my 35th anniversary on the planet. The well-wishing phone calls started early. I missed the first — from my younger sister, who is...
Goldman Sachs Profit Falls 52%
Filed under: Earnings Reports , Goldman Sachs Group (GS) Even the big boys have a “bad hair day.” Goldman Sachs ( GS ) fourth-quarter profit fell 52%...
Bank of America’s (NYSE:BAC) December Card Charge-offs Drop
Charge-offs for credit card debt at Bank of America (NYSE:BAC) dropped to its lowest levels for 2010 in December, said the giant bank. This type of debt is considered...
Picture du Jour: U.S. at risk of losing its AAA status?
While the debate about the U.S. debt ceiling is taking place, Société Générale is of the opinion that a downgrading of the country’s sovereign debt is just...
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