Obviously, the answer is to return to the Brettonwood Accord type of world system wherein the U. S. Dollar was backed by Gold, but this time the free market price of Gold should be used as the true barometer rather than the artifical price of $35 per ounce. Do the math, and if Gold is [...]
Rivals Circle As Capital Constraints Pull AIG Stock Down >AIG
Last Update: 9/12/2008 3:44:03 PM
By Lavonne Kuykendall
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)–As capital concerns continue to dog American International
Group (AIG) and drive down its share price, the odds increase that ratings
agencies and customers could begin to punish the [...]
BOSTON (MarketWatch) — Morgan Stanley analysts in a report Thursday said short
interest in banking stocks reached a historic peak of 11.2% as of the end of the
second quarter. Investors who short-sell company shares profit when their prices
decline. “This is the second highest sector short position ever experienced since
data collection began in 1994,” wrote the Morgan [...]
State Street 2Q Net Up 50%, 2008 Revenue View Boosted
Last Update: 7/15/2008 7:56:57 AM
Analysts surveyed: 15
Thomson Reuters EPS estimates can reflect either net income, operating income or
funds from operations.
The company’s earnings figure is on a diluted basis. Thomson Reuters assumes
earnings estimates from analysts are on a diluted basis.
Click here to go to Dow Jones NewsPlus, [...]
Citigroup Executive Forese Sells $2.58M In Stock >C
Last Update: 4/28/2008 6:05:10 PM
DOW JONES NEWSWIRES
James A. Forese, the co-head of Citigroup Inc.’s (C) markets and banking
division, reported Monday selling about $2.58 million worth of company shares.
This is the first reported stock sale by a Citigroup insider in more than a year.
The last sale was by then-Chief [...]
MBIA CEO Buys 62,714 MBIA Shrs For About $530,000 >MBI
Last Update: 4/24/2008 1:36:53 PM
DOW JONES NEWSWIRES
MBIA Inc.’s (MBI) chairman and chief executive Joseph Brown Thursday bought
company shares worth $529,933, according to a regulatory filing.
Brown, who returned to the company in February to lead the beleaguered Armonk,
N.Y., bond insurer, said he bought 62,714 shares for $8.45 [...]
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