Posts Tagged ‘wall street journal’

Ecuador to Sue WSJ Over False Reporting

Friday, June 26, 2009 14:33 No Comments

Ecuador’s President Rafael Correa has vowed to sue the Wall Street Journal for linking his government to the Colombian FARC rebels.  “We will sue this newspaper because we are sick of their lies,” Correa told reporters on Thursday after addressing the UN General Assembly’s Conference on the world financial crisis, Reuters reported.
“We demand the Wall [...]

This was posted under category: News Wire, Politics Tags: , , ,

Who got AIG’s bailout money?

Sunday, March 8, 2009 18:51 No Comments

Recent Article in Reuters suggests that the AIG bailout was really another Wall Street bank bailout.
(Reuters) – Where, oh where, did AIG’s bailout billions go? That question may reverberate even louder through the halls of government in the week ahead now that a partial list of beneficiaries has been published.
The Wall Street Journal reported on [...]

This was posted under category: Bailout Tags: , , , , , , , , , , , , , ,

Charles Dow Rolls in His Grave: The Distortion of the Average He Made Famous

Friday, March 6, 2009 17:57 6 Comments

Have you ever asked yourself why the Dow Jones Industrial Average contains non-industrial stocks? Why such a large weighting is given to financial companies such as American Express, Bank of America, Citigroup, JP Morgan and AIG (Before its removal)? After all, you wouldn’t expect to see General Motors included in the healthcare index or Goldman [...]

This was posted under category: Dow Jones Industrial Average, Dow Transports, Special Reports, Technical Analysis Tags: , , , , , , , , , , , , , , , ,

Nouriel Roubini: Nationalize the Banks

Saturday, February 21, 2009 15:50 2 Comments

Famed economist Nouriel Roubini comes out in support of ChartingStocks.net’s theory and says Nationalize the banks (OK I made the first part up).
In an interview with Tunku Varadarajan of the Wall Street Journal, Mr. Roubini says that bank nationalization “is something the partisans would have regarded as anathema a few weeks ago. But when I [...]

This was posted under category: Bailout, Nouriel Roubini Tags: , , , , , , , , , , , , , , , , ,
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