Notable quotes, facts, and fantasies during a week for the record book

The Standard & Poor’s 500-stock index swung alternately up and down more than 4 percent each day from Monday through Thursday. Never before in the history of the S.& P. index, which goes back…


Germany must defend the euro | George Soros

It should be recognized that a disorderly default or exit from the eurozone, even by a small country like Greece, would precipitate a banking crisis comparable to the one that caused the Great…


Stocks To Watch Today - Barrons.com

Aug 12, 2011 8:38 PM Biggest Insider Buying Week Since March ’09; Where & Who Posted by Dimitra DeFotis Insiders haven’t been buying up their company stock at this pace since the market bottom in…


So they look up Jonah, and cast him forth into the sea.

I think the exit of the PIGS  from the EURO is inevitable.  How can I play that?  I'm not sure if the Euro goes up or down on that.  If the worst credits leave, then the currency gets stronger.  But…


US stocks rise after unemployment report

NEW YORK (AP) -- Stocks are rising after news that fewer people joined the unemployment line last week and word that a technology bellwether's profit beat expectations. The Dow Jones industrial…


Are Computers Bringing Down The Stock Market?

Any time something bad happens, we're always looking for a reason why. Some would say that we're always looking for someone or something to blame but our motives may simply be to make sense of a…


Central Bankers Race to Protect Growth in 72 Hours of Crisis

Aug. 11 (Bloomberg) -- Central bankers are racing to shield their economies from fiscal tightening and lopsided currency swings that threaten a new global recession. In the 72 hours after a Group of…


Fed Said to Follow Basel Capital Rules for Biggest U.S. Banks

Aug. 10 (Bloomberg) -- Federal Reserve officials are drafting rules for the biggest U.S. banks that won’t be more stringent than international capital standards agreed to in Basel, Switzerland,…