-
Benzinga Market Primer, Friday July 19
Friday, July 19, 2013 - 5:59am | 1143Read More...Futures Slide On Weak Earnings U.S. equity futures slid overnight following weak earnings reports from tech giants Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG). Both companies reported top and bottom line misses. Top News In other news around the markets: Detroit finally, after...
-
Benzinga Market Primer, Thursday, December 27
Thursday, December 27, 2012 - 8:23am | 834Read More...Futures Flat on Debt Ceiling Fears U.S. equity futures were flat in early trading Thursday following a letter from Treasury Secretary Geithner to leaders stating that the debt ceiling would be breached on December 31 unless the Fiscal Cliff were to be avoided and the ceiling raised. Geithner has...
-
Is the ECB Secretly Bailing out Greece?
Thursday, August 9, 2012 - 9:36am | 439Read More...As Greece continues to slip further into depression, complete with massive unemployment, a credit crunch, and loss of economic confidence, it seems as though the ECB has started to implement a backdoor bailout of the European nation. Greece has a $3.7 billion maturing bond on August 20, so if...
-
Greece: End the Drama, Bring Back the Drachma
Thursday, November 3, 2011 - 4:33pm | 863Read More...Have you ever known a married couple that had no business being together, but were completely unaware of it? Maybe he's older or she's wealthier, or she's passive and he's a giant douche. Maybe they were in love once, but haven't felt that spark in a decade. Maybe they stayed together for the kids...
-
BlackRock Warns of Catastrophe with a Sovereign Default
Friday, July 1, 2011 - 7:36am | 134Read More...By Barbara Zigah (eToro Blog) With the Greek government's dodge of the default bullet yesterday, markets heaved a great sigh of relief. But a recent report prepared by BlackRock Investment Institutes cautions that the effect to investors could be catastrophic with the sovereign default of a...
-
Role Reversal: The Government and Big Banks
Thursday, June 30, 2011 - 11:40am | 824Read More...By Todd Harrison The bar tab remains unpaid as one hand washes the other. “What -- Over? Did you say "over"? Nothing is over until we decide it is! Was it over when the Germans bombed Pearl Harbor? Hell no, and it ain't over now.” --Bluto, Animal House Deutsche Bank (NYSE: DB) CEO Josef...
-
Stuy Town: The Final Chapter?
Friday, June 25, 2010 - 6:00am | 779Read More...A US District Judge has ruled that a group of lenders can foreclose on Peter Cooper Village and Stuyvesant Town (from now on collectively referred to as Stuy Town). There are quite a few interesting substories to this latest chapter in one of the largest (and worst) real estate...
-
The Doomsday Investment: Real Assets
Wednesday, June 16, 2010 - 6:00am | 973Read More...Every time I turn on the news the media has found another “doomsday” story to scare the masses into thinking that the world is going to end. Y2K, Avian Flu, SARS, Swine Flu, terrorist attacks, drug wars, and multiple financial crises have been the most prominent topics of the...
