Thursday
Aug252011
Entries by DailyBail (6219)
Aug 25, 2011 at 4:55 PMThursday
Aug252011
Warren Buffett: I Dreamt Up Bank Of America Deal In The Bathtub (VIDEO)
CNBC Video - Buffett explains the genesis of the BofA deal to Becky Quick - Aug. 25, 2011
Details inside.
Thursday
Aug252011
Thursday
Aug252011
Allstate Sues Goldman Over $100 Million In Fraudulent Mortgages, Mitt Romney Is Thurston Howell III, Rush Limbaugh 'Freaked Out' By Ron Paul's Success
Video - Maddow On Mitt Romney As The 'Thurston Howell III' Of American Politics
- Allstate Sues Goldman Sachs Over $100 Million In Fraudulent Mortgages
- Bernanke Likely To Disappoint Markets With Jackson Hole Speech - Bloomberg
- Obama May Back NEW Refinance Plan for Mortgages - NYT
- GOP Operatives (Rush Limbaugh) Fear Lasting Ron Paul Problem
- A difficult year for many hedge funds may prove FATAL for some - The Economist
- Millions of Jobless Americans Filing For SS Disability To Get Food, Medicine
- Germany Considers Short-Selling Ban, France Will Make Statement Today
- Sen. McCain Calls Out Russia For Lack Of Democracy
- More Than 100 Business CEOs Sign Starbucks No Campaign Donations Pledge
Thursday
Aug252011
Peter Schiff On Ron Paul's Stock Portfolio
Video - Peter Schiff on Ron Paul's investments - Aug. 22, 2011
See a complete list of Ron Paul's stock holdings inside.
Wednesday
Aug242011
Steve Jobs Resigns As CEO Of Apple, Will Remain Chairman
Tim Cook (interim CEO during Jobs' absence last year) has been named the new CEO, and Steve will remain as Chairman of the Board, director and Apple employee.
The stock is trading down modestly in afterhours trading to approximately 360, more or less where it was at the open on Tuesday. This move has been widely anticipated. Despite its lofty run-up, Apple trades at a forward PE of only 14, and has more than $70 billion of cash on its balance sheet and no debt.
Full statement from Jobs after the jump.
Wednesday
Aug242011
Nomi Prins: Could Lloyd Blankfein Face A Prison Sentence?
The Goldman Sachs CEO didn’t get a big-time criminal-defense lawyer because he’s worried about an SEC wrist slap—there’s a real possibility of doing time (for perjury AND obstruction of justice), says former Goldman managing director Nomi Prins.
Wednesday
Aug242011
CME Increases Gold Margin Requirements By 27%
SAN FRANCISC0 (MarketWatch) -- The CME Group Inc., the parent company of the main metals and energy exchanges in the U.S., on Wednesday announced an increase in margin requirements to trade gold. The money needed to trade gold contracts increased 27%. Initial margin requirements rose to $9,450 from $7,425 per 100-ounce contract; maintenance margin requirements rose to $7,000 from $5,500, both effective as of the close of trading on Thursday. The CME had increased margins for gold two weeks ago by 22%.
CME letter inside.
Wednesday
Aug242011
Wednesday
Aug242011
Home Prices Decline 5.9% In Q2, Mortgage Applications At 15-Year Low, Rothschild Bank Will Is The NEW PPT, Green Stimulus For Nevada - $500k Creates Less Than 2 Jobs
Wednesday
Aug242011
Revolution Step #1 - How To Build A Personal, Portable Tar And Feather Gun
This is not a joke. Full story inside (with video instructions) from the U.K. inventor.
Wednesday
Aug242011
Cenk On Kathryn Wylde, Eric Schneiderman And Obama's Love For Wall Street
Video - The Young Turks on the Foreclosure Fraud Deal - Aug. 22, 2011