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Quote, Unquote: Biased Credit Rating Agencies?

Fri Nov 20th, 2009

Justin Rohrlich

“We believe that the credit rating agencies, in exchange for fees, departed from their objective, neutral role as arbiters. At minimum, they were aiding and abetting misconduct by issuers.&rdqu

Citi Math: Spend More to Save on Interest

Fri Nov 20th, 2009

Associated Press

For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requirement. Those who meet the spending minimum -- in some c

A Holiday Present From Taiwan

Thu Nov 19th, 2009

Bob Faulkner

Last month I highlighted the structural changes that have taken place in the DRAM industry and how that makes for a positive investment environment over the next year or so. Since then, there have be

The Real Reason Small Business Loans Are Gone

Wed Nov 18th, 2009

Mike Mish Shedlock

In what should be no surprise, banks are cutting back on small business loans. Please consider CNN Money's Small business loans: $10 billion evaporates.  Eight months after President Obama bega

Goldman to Pick Up Small Businesses by Their Shoelaces

Wed Nov 18th, 2009

Michael Comeau

Editor's Note: Breaking news from our satire department.Goldman Sachs (GS) is dominating the headlines today with its 10,000 Small Businesses Initiative. The $500 million program will unlock the grow

Exxon: Slick, Slimy, and Dangerous

Wed Nov 18th, 2009

Ryan Goldberg

Editors Note: Welcome to Love It or Hate It, a regular dual-column feature that will capture the love-hate relationship America has with some of its biggest, most controversial companies. For past co

Assessing the Odds of Our Depression's Shape

Wed Nov 18th, 2009

Mike Mish Shedlock

Economist Brad DeLong, of the Department of Economics at UC Berkeley, is getting increasingly pessimistic. He says the chance of Great Depression now is at 5%:  For 2 1/4 years now I have been

Huawei Pushing Aside Cisco and Ericsson

Wed Nov 11th, 2009

Bob Faulkner

Enter the Dragon!There was a time, about a decade ago, that Cisco (CSCO) executives would comment that Huawei was so good at copying (aka appropriating) Cisco’s technology that it even replicat

Taxpayers and the Hidden Costs of Mega Sports Events

Mon Nov 2nd, 2009

John F Kelly

Major sporting events are often sold as win-wins to local taxpayers. Bidding on a game usually comes with the promise of extra local taxable spending and the positive publicity that will help draw vi

How Pfizer Rewards Its Bosses for Eliminating Jobs

Thu Oct 29th, 2009

Michelle Leder

Editor's note: This article was written by Michelle Leder, who combs through SEC filings for nuggets of interesting details for her blog, Footnoted.org.Now that the merger between Pfizer (PFE) and Wy
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