First of all, this was not a hoax. Falcon was missing when the balloon lifted off. Why would we make a hoax with our kid?-- Richard HeeneWe all know about that balloon and we all have our own theorie

Back on February 2, I wrote about the convertible bonds of Human Genome Sciences (HGSI), long known as a big but dwindling bank account with a chancy pipeline. The company's anthrax product was bring

Equity markets had their biggest rally this year after Federal Reserve Chairman Ben Bernanke outlined steps to fix the banking industry in a morning address. His remarks, delivered to the Counci

What a day it was for the market. Turnaround Tuesday definitely lived up to the hype.Citigroup (C) came out and said they had 2 profitable quarters through the first 3 months of this year; all the ba

The stock market is on a tear this morning on the heels of a statement by CEO Vikram Pandit that Citigroup (C) has a profit for the first 2 months of 2009. In a letter sent to employees Monday,

1) Now It's the Economists' TurnWe knew this was only a matter of time."The downturn exposes the decline of economic expertise," Newsweek observes in the March 16 issue. "Think of all

Methodology is destiny when conducting a study. A study conducted by San Diego’s Utility Consumers’ Action Network, which purports to show cell-phone users pay an average of $3.02 a minut

Mid-March is usually reserved for college basketball. But this year, there’s going to be a different kind of March Madness. I refer, of course, to the “deep dive” to be held on Thur

Editor's Note: The following was posted in real time on our premium Buzz & Banter (click for a free trial). It's being shared here for the benefit of the Minyanville community. See also The Big B

Uncle Sam’s decision to bail out Citigroup (C) looks like the right move. Citigroup made money in the first 2 months of 2009, and it's having its strongest quarter since 2007, when it last