Archives for June 2009

June 2009 - Page 2 of 11 - Money Morning - Only the News You Can Profit From

Investment News Briefs

With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Jobless Claims Surprise; GDP Revised Up; AIG Makes Plans to Pay Back Feds; Palm Losses Mount, But Revenue Beats Street; Micron Loss Not As Much As Expected; Senator: Health Care […]

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Managed Futures Programs - Once Restricted to the Wealthy - Are Going Mainstream

[Editor’s Note: This is Part II of a two-part story.  To read Part I, which appeared yesterday (Thursday), please click here.] With trading strategies that are based on complex mathematical equations, or that are driven by sophisticated “black-box” computer programs, managed-futures programs are usually able to remove human emotion from the investment equation – a […]

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Is the Obama Administration's Financial System Overhaul Pushing Us Toward State Capitalism?

With its regulatory overhaul of the U.S. financial system, the Obama administration has granted the federal government new powers to take over systemically important businesses, but has done so in a way that may well mask a potentially dangerous drift toward American state capitalism. The administration’s 88-page “white paper,” released last Wednesday (June 17), goes […]

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What's Behind China's Assault on Google

By Jason Simpkins Managing Editor Money Morning The feud between authorities in China and Google Inc. (Nasdaq: GOOG) escalated Wednesday night when Chinese users were blocked from Google’s global Web site for a period of at least two hours. For weeks China has been chastising Google for disseminating “huge amounts of porn and lewd information.” […]

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Investment News Briefs

With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Fed Holds Funds Rate; Buffett: U.S. May Need More Stimulus; Jobs' Liver Transplant Confirmed; Fewer Americans Traveling on 4th Despite Lower Gas Prices; Monsanto Profits Drop 14%; SEC Proposes New […]

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Who's Really to Blame for the Crooked Financial System

By Martin Hutchinson Contributing Editor Money Morning It's been in the news the last couple of days. Goldman Sachs Group Inc. (NYSE: GS) bankers are headed for record bonuses. The Financial Times reports that bankers' pay in the London market is already right back to 2007 levels and going higher. Banks are poaching each others' […]

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OECD Boosts Outlook but Urges Developed Countries to Keep Lending Costs Low

By Jason Simpkins Managing EditorMoney Morning The Organization for Economic Cooperation and Development (OECD) raised its growth outlook for industrialized countries for the first time in two years and said the United States would experience a quicker recovery than Europe. However, the group also said that central banks around the world should maintain exceptionally low […]

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Citi Raising Salaries to Offset Lower Bonuses

By Bob BlandeburgoAssociate EditorMoney Morning Citigroup Inc. (NYSE: C), one of the largest recipients of federal assistance, intends to raise the base salaries of many of its non-executive employees to offset the leaner bonuses being handed out this year. Citi, which received $45 billion in troubled asset relief funds (TARP), will raise salaries by as […]

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