SEC, Rajat Gupta Drop Their Cases, for Now
August 5, 2011Insider trading,rajat gupta,secContributors,News Posts
NEW YORK—The Securities and Exchange Commission dropped its civil administrative proceeding against former Goldman Sachs Group Inc. director Rajat Gupta, but left the door open to pursue…
Small Firms Hunger for Sales, Not Credit .
August 5, 2011Banks,credit,lendingContributors,News Posts
Small-business lending has been in trouble, but is there an explanation beyond the widespread perception that banks are denying credit, and starving small entrepreneurs? Clearly, the financial crisis…
I.M.F. Chief to Face French Investigation
PARIS — A French court on Thursday ordered an investigation into charges that the International Monetary Fund’s new managing director, Christine Lagarde, had abused her authority in a 2007 dispute…
The "shorts" who popped a China bubble
August 5, 2011China,Bubble,short sellersThe Insider Report
Bottoms rarely look like Thursday’s rout - Mark Hulbert - MarketWatch
By Mark Hulbert, MarketWatch CHAPEL HILL, N.C. (MarketWatch) — Market declines rarely end with days like Thursday’s 513-point drop for the Dow. So even if you think that we’re just suffering a mere…
Dow down 512.76, 9th biggest point drop ever
August 4, 2011The Insider Report
Today August 4, 2011 the Dow was down 512.76, the 4th biggest drop point wise in history. We are now down 4.58% for the year.
Largest daily point losses
Rank
The President will be asking Congress to raise the debt ceiling again.
August 3, 2011debt ceiling,Orin Hatch,Senator,The President will be asking Congress to raise the debt ceiling again.The Insider Report,News Posts
Normally, the strongest time of year for the market is the 4th quarter. It may be different this year. Note this email response from the senior Senator from Utah. "Thank you for contacting me to…