BOM Carnival #37
The latest Best of Money Carnival is up now with the winning post being Should Married Couples Have Joint or Separate Bank Accounts?
Enjoy!
Visteon Shares Soar On… Well, Anyway, They Soar
about 2 hours ago - No comments
Bloomberg News
Visteon Corp. shares have become the latest of the zombie stocks to arise and walk on the hope – what some might call, the delusion – that a turnaround in the bankrupt company’s fortunes will trickle down to shareholders.
From 7 cents a share in February, the stock of the insolvent maker of car parts [...]
Free Money Finance March Money Madness, Sweet 16, Posts 5-8
about 7 hours ago - No comments
Here we go with the Sweet 16 round of Free Money Finance March Money Madness (if you wonder what’s going on in these posts, see my article announcing March Money Madness and/or click on my March Money Madness category link and scroll down to read all the posts involved in this subject.)
I’ve listed each [...]
Deutsche Bank Survey: Investors Dying To Take Risk This Year
about 7 hours ago - No comments
Poor, beaten down hedge fund managers forced to live off of paltry management fees… your day in the sun is returning:
FINAlternatives:
Deutsche Bank, which estimates hedge funds’ assets to total about $1.5 trillion, expects the industry to add $222 billion in new money this year, based on its eight annual alternative investment survey. That would leave [...]
20 Terrifying Facts About The Coming Retirement Crisis
about 8 hours ago - No comments
You’ve probably seen ads on TV imploring you to pay for retirement before it’s too late.
But unfortunately, it is too late.
Well, if you’re like most Americans that is.
By and large, we haven’t saved enough and have no idea where the money will come from. Also we’re freaked out and don’t want to admit it.
Here are [...]
Frontrunning: March 17
about 8 hours ago - No comments
China in Midst of ‘Greatest Bubble in History,’ ex-LTCM General Counsel Rickards Says (Bloomberg) (click here for recent extended interview with Rickards)
Coal beats solar as analysts favor Peabody while subsidies drop (Bloomberg)
Steve Forbes on Fannie and Freddie: Ugly beasts loom again (Forbes)
Feldstein Sees Greece Euro-Exit Pressures as Deficit Plan Fails (Bloomberg)
Evans-Pritchard: The proposed EU Greek [...]
Former Lehman CEO Dick Fuld: ‘What Me Worry’?
about 8 hours ago - No comments
In the business/financial press — as well as among many lawyers — the takeaway on the report issued by Lehman Brothers bankruptcy examiner Anton Valukas last week seems to be that it was a scathing document, laying out many ways folks at Lehman (and elsewhere) did wrong.
But former Lehman CEO Dick Fuld seems to [...]
Defense Beats Offense
about 13 hours ago - No comments
MSN Money has some tips on investing from Warren Buffett and the one that caught my attention was this one:
Defense beats offense. “Though we have lagged the S&P in some years that were positive for the market, we have consistently done better than the S&P in the 11 years during which it delivered negative results. [...]
CHART OF THE DAY: How The Fed Backed Itself Into A Corner, And Is Doomed To Pumping Cheap Money Forever
about 1 day ago - 1 comment
Foreign governments are finally slowing down their purchases of US treasuries, but it’s okay because banks are well-known to be putting their money into treasuries, rather than loans.
That’s what the chart below shows.
But as David Goldman brilliantly explains, it also means the Federal Reserve has backed itself into a corner:
Most of this reflects use [...]
Festival Of Frugality #221 – Spider-Man Edition
about 1 day ago - No comments
Welcome to the Spider-Man edition of the Festival of Frugality! The last time I hosted this carnival was back in September and I had a G.I.Joe theme that had a lot of comments with people reminiscing back to their youth. So for this edition I thought I’d look back at something that was a [...]
China’s Fragile Economy, Its Housing Bubble, and What It Means To Us: Part I
about 2 days ago - No comments
From The Daily Capitalist
We think that China is an indestructible economic juggernaut but its economy is very fragile and it is sitting on a property bubble which will burst. What China does in response has major implications for their economy and the rest of the world. This is the first part of a three-part series [...]
about 1 week ago
if you need it very badly you better get it tomorrow.