Most Active Articles 2009-11-24T10:49:42.966-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:us-financial-crisis Bruce Judson bjudson427 urn:com:businessweek:bx:article:8972945726551695084-b18a5409c8cacce63828e22c03dc021c 2009-11-24T09:36:22.314-05:00

From Porter Stansberry in the S&A Digest: It's one of those numbers that's so unbelievable you have to actually think about it for a while... Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt.

From Porter Stansberry in the S&A Digest: It's one of those numbers that's so unbelievable you have to actually think about it for a while... Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. http://www.thedailycrux.com/content/3455/Porter_Stansberry The Daily Crux Financial Digest tcrux532 0 0 0 0 urn:com:businessweek:bx:article:14297791233184044162-9068899c7a4531f4933d56ab6e1c7329 2009-11-23T15:14:57.094-05:00

When you realised that you had made your first million were you tempted to slow down? Jim Rogers: I can remember the exact day of my first million dollars’ net worth. It was in November 1977. I was 35. I knew I needed more than that to do what I...

When you realised that you had made your first million were you tempted to slow down? Jim Rogers: I can remember the exact day of my first million dollars’ net worth. It was in November 1977. I was 35. I knew I needed more than that to do what I... http://www.thedailycrux.com/content/3449/Jim_Rogers The Daily Crux Financial Digest tcrux532 2 2 0 0 urn:com:businessweek:bx:article:12622302066369107100-533a07e9ace4cd7ce5503b2609c45e16 2009-11-23T15:14:24.300-05:00

From Porter Stansberry in the S&A Digest: I'd like to make you a business offer. Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment... Here's the deal. You're going to start a business...

From Porter Stansberry in the S&A Digest: I'd like to make you a business offer. Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment... Here's the deal. You're going to start a business... http://www.thedailycrux.com/content/3447/Government_Stupidity The Daily Crux Financial Digest tcrux532 1 1 0 0 urn:com:businessweek:bx:article:10976760237981638276-63a640cee2db6dc828b9782c6d2d3439 2009-11-21T16:36:35.347-05:00

Lloyd Blankfein is CEO of investment bank Goldman Sachs – and last Tuesday he did what few other CEOs in the banking and financial industry have even contemplated doing. He apologized for … what did he apologize for? ““We participated in things that...

Lloyd Blankfein is CEO of investment bank Goldman Sachs – and last Tuesday he did what few other CEOs in the banking and financial industry have even contemplated doing. He apologized for … what did he apologize for? ““We participated in things that... http://takethe5th.com/wp/?p=828 Jacques Surveyer jsurveyer123 6 5 0 1 urn:com:businessweek:bx:article:518621725721169874-b33d9c4d0447522b95f31889d8574316 2009-11-20T16:00:02.854-05:00

From Dan Ferris in the S&A Digest: ...That Associated Press article I mentioned says unemployment has taken over as the reason for rising foreclosures. If you want to see the growing unemployment situation with your own eyes, our friend Whitney...

From Dan Ferris in the S&A Digest: ...That Associated Press article I mentioned says unemployment has taken over as the reason for rising foreclosures. If you want to see the growing unemployment situation with your own eyes, our friend Whitney... http://www.thedailycrux.com/content/3439/Economy The Daily Crux Financial Digest tcrux532 3 3 0 0 urn:com:businessweek:bx:article:12658839728164934608-e4a6a5e34c22a1115808ffb3c018eb80 2009-11-19T10:45:34.117-05:00

From 24/7 Wall Street: The National Employment Law Project says that the public’s perception of what will happen to insurance benefits for the unemployed early next year is flawed. Most press reports on Congressional action on the matter say that...

From 24/7 Wall Street: The National Employment Law Project says that the public’s perception of what will happen to insurance benefits for the unemployed early next year is flawed. Most press reports on Congressional action on the matter say that... http://www.thedailycrux.com/content/3422/Economy The Daily Crux Financial Digest tcrux532 8 8 0 0 urn:com:businessweek:bx:article:6523949731352646154-3610ddccc66e0046e5a2616c4937c9fc 2009-11-20T15:06:50.473-05:00

These cities are expected to suffer very high unemployment a year from now It sure sounds like the Great Depression in El Centro, Calif. In this city near the Mexican border, the unemployment rate hit a whopping 30.1 percent in September, the Labor...

These cities are expected to suffer very high unemployment a year from now It sure sounds like the Great Depression in El Centro, Calif. In this city near the Mexican border, the unemployment rate hit a whopping 30.1 percent in September, the Labor... http://www.ihavenet.com/economy/Economy-Cities-Where-Jobs-Recovery-Will-Be-Slowest.html Dean Mikelis dmikelis084 1 1 0 0 urn:com:businessweek:bx:article:8057832288852519551-9ffe4387ff4be040ff2a50778f05dabd 2009-11-20T15:07:38.649-05:00

Each week, I receive dozens of letters from readers. The vast majority of them are in trouble financially, mostly because they've lost their job and can't pay their bills. I get the sense from reading these e-mails that each of these homeowners...

Each week, I receive dozens of letters from readers. The vast majority of them are in trouble financially, mostly because they've lost their job and can't pay their bills. I get the sense from reading these e-mails that each of these homeowners... http://www.ihavenet.com/Real-Estate-Unemployment-and-Foreclosure-If-You-Do-not-Have-a-Job-How-Will-You-Pay-the-Mortgage.html Dean Mikelis dmikelis084 1 1 0 0 urn:com:businessweek:bx:article:6572138582454482359-34e270593c9a62ec53ddb1021aa548e8 2009-11-20T15:06:32.436-05:00

In what will no doubt boost skepticism over the Obama administration's message of stimulus success, the unemployment rate in October rocketed to 10.2 percent, a figure much higher than economists had expected and just 0.6 percentage points away from...

In what will no doubt boost skepticism over the Obama administration's message of stimulus success, the unemployment rate in October rocketed to 10.2 percent, a figure much higher than economists had expected and just 0.6 percentage points away from... http://www.ihavenet.com/economy/Economy-October-Jobs-Report-True-WitchesBrew-Liz-Wolgemuth.html Dean Mikelis dmikelis084 0 0 0 0 urn:com:businessweek:bx:article:18281660001984580574-306217e3b6a9e35e6a7f75e6d9017083 2009-11-18T17:23:26.720-05:00

By the end of 2009, more than 130 banks will have failed. Most depositors will have little clue their bank was even at risk.

By the end of 2009, more than 130 banks will have failed. Most depositors will have little clue their bank was even at risk. http://www.sobabyboomer.com/2009/11/more-than-130-banks-will-have-failed-by-the-end-of-2009-is-your-bank-safe.html John Agno jagno444 5 3 0 2 urn:com:businessweek:bx:article:16754164079901995188-5e8e97f980dc9200933df3bb812dfdb6 2009-11-20T15:07:13.510-05:00

Media Woes Lead to Start-Up Experiments: New journalism ventures are cropping up, but where's the business model? Of all the industries devastated by the recession, the media has been one of the most notoriously affected. According to the Bureau of...

Media Woes Lead to Start-Up Experiments: New journalism ventures are cropping up, but where's the business model? Of all the industries devastated by the recession, the media has been one of the most notoriously affected. According to the Bureau of... http://www.ihavenet.com/economy/Economy-Finding-Opportunity-in-the-Recession.html Dean Mikelis dmikelis084 0 0 0 0 urn:com:businessweek:bx:article:3800424296562149101-835e6dcf42c6f7486e93eccede054eaa 2009-11-19T10:44:55.904-05:00

By Porter Stansberry in the S&A Digest: I think Warren Buffett made an insightful observation on Charlie Rose's talk show last week: Charlie Rose: This question is asked frequently: Will at some point the deficit and the debt and the decline of the...

By Porter Stansberry in the S&A Digest: I think Warren Buffett made an insightful observation on Charlie Rose's talk show last week: Charlie Rose: This question is asked frequently: Will at some point the deficit and the debt and the decline of the... http://www.thedailycrux.com/content/3423/Warren_Buffett The Daily Crux Financial Digest tcrux532 4 4 0 0 urn:com:businessweek:bx:article:14788345191574441696-d27c33c17ac30fef9f4915b6f3c0fa87 2009-11-18T10:14:43.388-05:00

By David Galland in Casey's Daily Dispatch: The list of what we as humans will accept, if someone proves willing to offer it up, is literally endless. Of course, some of the items on the list make more sense than others, but that’s not the point.

By David Galland in Casey's Daily Dispatch: The list of what we as humans will accept, if someone proves willing to offer it up, is literally endless. Of course, some of the items on the list make more sense than others, but that’s not the point. http://www.thedailycrux.com/content/3410/Government_Stupidity The Daily Crux Financial Digest tcrux532 6 6 0 0 urn:com:businessweek:bx:article:7849504056285001725-c8f65d101c48199ae88393d8522c67c2 2009-11-18T12:43:23.564-05:00

Market commentators and the White House have been quick to blame last year's economic meltdown on a free market run amok. And they've used that false assumption to justify their unprecedented response of government intervention and increased...

Market commentators and the White House have been quick to blame last year's economic meltdown on a free market run amok. And they've used that false assumption to justify their unprecedented response of government intervention and increased... http://www.hedgetracker.com/article/7-Steps-Towards-Real-Free-Market-Capitalism Todd Walker rwienke085 3 2 0 1 urn:com:businessweek:bx:article:2406635011112781404-103151926fbaceb0af71d46355f3e3b1 2009-11-18T05:40:58.470-05:00

18 November 2009. There is an elephant in the room, and it is hard to write about anything else while that is the case. The financial system in the US and Europe needs to be reformed. Not in the way that the regulation currently going through the House and Senate calls for. That is not real reform - it entrenches Too Big to Fail and still allows hundreds of trillions of dollars - more than the entire GDP of the world - to be traded in secret. Lets just say that with the banks financing politicians campaigns, they are getting their money's worth, and driving the US into ever deeper debt. Real reform is based on transparency, increased capital requirements, transaction taxes and the break up of Too Big to Fail firms.

18 November 2009. There is an elephant in the room, and it is hard to write about anything else while that is the case. The financial system in the US and Europe needs to be reformed. Not in the way that the regulation currently going through the House and Senate calls for. That is not real reform - it entrenches Too Big to Fail and still allows hundreds of trillions of dollars - more than the entire GDP of the world - to be traded in secret. Lets just say that with the banks financing politicians campaigns, they are getting their money's worth, and driving the US into ever deeper debt. Real reform is based on transparency, increased capital requirements, transaction taxes and the break up of Too Big to Fail firms. http://www.economywatch.com/economy-business-and-finance-news/fix-the-banks-before-they-fix-us-completely-18-11.html Keith Timimi ktimimi693 2 2 0 0 urn:com:businessweek:bx:article:16885753522024796399-74288b54be5f30bb0bee4393e4a654af 2009-11-16T23:56:49.511-05:00

17 November 2009. When Osama and Al-Qaeda launched the 9/11 attacks, they aimed to shake the foundations of western capitalism. Although the official line is that they failed to do that - and, indeed, that he is now somewhat irrelevant since we have 'won' the War on Terror - the measures used to contain the negative effects of the attacks involved pumping the system with cheap money. That liquidity helped to build up the asset price bubbles, bank leverage levels and global trade imbalances that imploded so successfully (from Osama's point of view) in the Financial Crisis. Now, we not only have to ask ourselves whether he planned this or got lucky; our more pressing question is what happens next, since the problems in the system have not been fixed.

17 November 2009. When Osama and Al-Qaeda launched the 9/11 attacks, they aimed to shake the foundations of western capitalism. Although the official line is that they failed to do that - and, indeed, that he is now somewhat irrelevant since we have 'won' the War on Terror - the measures used to contain the negative effects of the attacks involved pumping the system with cheap money. That liquidity helped to build up the asset price bubbles, bank leverage levels and global trade imbalances that imploded so successfully (from Osama's point of view) in the Financial Crisis. Now, we not only have to ask ourselves whether he planned this or got lucky; our more pressing question is what happens next, since the problems in the system have not been fixed. http://www.economywatch.com/economy-business-and-finance-news/did-osama-bin-laden-help-cause-the-financial-crisis-17-11.html Keith Timimi ktimimi693 6 6 0 0 urn:com:businessweek:bx:article:2750876840313998170-261c569f5b88cfc2321656d6fb561148 2009-11-18T15:16:46.327-05:00

If you bought gold when we first recommended it, ten years ago, you are in a very comfortable position. Gold sells for more than 4 times as much today. But what should you do now?

If you bought gold when we first recommended it, ten years ago, you are in a very comfortable position. Gold sells for more than 4 times as much today. But what should you do now? http://dailyreckoning.com/gold-in-the-face-of-the-fiat-fallout/ The Daily Reckoning dreckoning339 0 0 0 0 urn:com:businessweek:bx:article:6704363713906990050-749c0ffca234939fab90572f32c13077 2009-11-18T12:59:24.873-05:00

The currently proposed EU Alternative Investment Funds Managers (AIFM) Directive that is slated to come into law next year has raised a lot of concern in the hedge fund industry. The Association for Alternative Investment Management (AIMA), the...

The currently proposed EU Alternative Investment Funds Managers (AIFM) Directive that is slated to come into law next year has raised a lot of concern in the hedge fund industry. The Association for Alternative Investment Management (AIMA), the... http://www.hedgetracker.com/article/Hedge-Fund-Leverage-and-the-EU-Directive Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:15947036982100715390-be4873bef00ac7480cf9258c0b517385 2009-11-18T12:34:57.772-05:00

John Henry, owner of the Boston Red Sox, has laid off eight employees from his Florida based investment management firm John W. Henry & Co. The Boston Globe reported that in an email Mr. Henry explained that the firm had been overstaffed especially...

John Henry, owner of the Boston Red Sox, has laid off eight employees from his Florida based investment management firm John W. Henry & Co. The Boston Globe reported that in an email Mr. Henry explained that the firm had been overstaffed especially... http://www.hedgetracker.com/article/John-Henrys-Hedge-Fund-lays-off-almost-one-third-of-its-team Todd Walker rwienke085 0 0 0 0 urn:com:businessweek:bx:article:9323694338591004955-67ed3cb37fc45093acffb54e2c387474 2009-11-11T12:06:49.668-05:00

Gold rises with the stock market. The yellow metal hit a new record over $1,100 yesterday. Why is that that important? Well, it’s not important either. But gold still has another $1,000 or so to go before it equals the last bubble peak in gold, set in 1980 – on an inflation-adjusted basis.

Gold rises with the stock market. The yellow metal hit a new record over $1,100 yesterday. Why is that that important? Well, it’s not important either. But gold still has another $1,000 or so to go before it equals the last bubble peak in gold, set in 1980 – on an inflation-adjusted basis. http://dailyreckoning.com/realizing-the-fraud-of-economic-recovery/ The Daily Reckoning dreckoning339 7 7 0 0 urn:com:businessweek:bx:article:1248057233325493194-452f40b8504e0aecbdbfc1a4962249fd 2009-11-13T15:46:06.849-05:00

Beunos Aires, Argentina – “It’s amazing; the US is doing everything that Japan did wrong,” said a friend yesterday. Let’s see, in the 1980s Japan’s corporate leaders thought they were going to take over the world. Investors thought so too.

Beunos Aires, Argentina – “It’s amazing; the US is doing everything that Japan did wrong,” said a friend yesterday. Let’s see, in the 1980s Japan’s corporate leaders thought they were going to take over the world. Investors thought so too. http://dailyreckoning.com/america-follows-japan-off-a-cliff/ The Daily Reckoning dreckoning339 4 4 0 0 urn:com:businessweek:bx:article:4771654423736167091-dfe4837c01e9eb641507992144e2f15f 2009-11-13T15:52:40.927-05:00

Friday the 13th… let’s start spooky: Just one month into the 2010 fiscal year, the U.S. government is on track for a record $2 trillion annual budget deficit.

Friday the 13th… let’s start spooky: Just one month into the 2010 fiscal year, the U.S. government is on track for a record $2 trillion annual budget deficit. http://dailyreckoning.com/another-record-deficit-for-2010/ The Daily Reckoning dreckoning339 3 3 0 0 urn:com:businessweek:bx:article:3380138502399668854-6296351a6536d90ac634f0bd62babad1 2009-11-11T18:04:08.083-05:00

by Shahin Shojai, Global Head of Strategic Research, Capco -- The past couple of years have not been very kind to hedge funds. While there is never any really accurate data about the number of hedge fund failures in a given year it does seem that...

by Shahin Shojai, Global Head of Strategic Research, Capco -- The past couple of years have not been very kind to hedge funds. While there is never any really accurate data about the number of hedge fund failures in a given year it does seem that... http://www.hedgetracker.com/article/Did-the-Stock-Market-Collapse-Help-Some-Hedge-Funds-Mask-More-Serious-Problems Todd Walker rwienke085 4 4 0 0 urn:com:businessweek:bx:article:3831482235451808562-3a0416fb68bb48eaac0fb44402b5729c 2009-11-13T15:54:26.951-05:00

It just makes me laugh out loud, when I write that the “safe haven currencies” during risk aversion trading are the dollar and yen… These two countries have debt up to their eyeballs, pay no interest on their deposits, and have a leadership deficiency.

It just makes me laugh out loud, when I write that the “safe haven currencies” during risk aversion trading are the dollar and yen… These two countries have debt up to their eyeballs, pay no interest on their deposits, and have a leadership deficiency. http://dailyreckoning.com/risk-aversion-fuels-yesterdays-dollar-rally/ The Daily Reckoning dreckoning339 0 0 0 0 urn:com:businessweek:bx:article:12895503730780259307-0c68083318ebad81117507e78fb52617 2009-11-11T12:05:22.892-05:00

“The tax man cometh,” says Jim Jubak at MSN Money. According to the IMF, we’re looking at 10 years of government tax increases.

“The tax man cometh,” says Jim Jubak at MSN Money. According to the IMF, we’re looking at 10 years of government tax increases. http://dailyreckoning.com/5-ways-to-protect-yourself-from-coming-tax-hikes/ The Daily Reckoning dreckoning339 3 3 0 0