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Nine More Great Moments in False Advertising

Thu Nov 19th, 2009

Mike Schuster

Low fat. No money down. Mission accomplished. Occasionally, the folks behind a product feel the need to paint a picture that isn't necessarily true to lure in the unsuspecting masses. Be it a purport

Rags to Riches CEOs: Ed Liddy

Wed Nov 18th, 2009

Scott Reeves

If most Americans had never heard of Wall Street titan Edward Liddy before the financial crisis, they knew his name only too well by the end of last spring.The former CEO of Allstate (ALL) famously c

Shining a Light on SunPower’s Books

Tue Nov 17th, 2009

Matt Theal

Late Monday, SunPower Corporation (SPWRA), a solar technology firm, announced errors in accounting entries made in the first three quarters of this year.According to the company’s audit committ

In Rearview Mirror, Crisis Looks Even Worse

Tue Nov 17th, 2009

Megan Barnett

Just when bank executives appear near the peak of this mountain of populist rage, another landslide sends them tumbling back down again. This week has produced several setbacks, and it’s still

Two Ways to Play: Geithner Advocates Strong Dollar

Wed Nov 11th, 2009

Terry Woo

Geithner Talk on Strong Dollar US Treasury Secretary Timothy Geithner was in Japan today saying the United States is committed to a strong dollar policy.According to the Wall Street Journal, Geithner

The Washington Chainsaw Massacre

Mon Nov 9th, 2009

Minyan Peter Atwater

If you listen closely, you can almost hear “Gentlemen, start your chainsaws,” as regulators and politicians in Washington begin to contemplate the fate of our “too big to fail&rdquo

Quote, Unquote: Has Growth Returned?

Fri Oct 30th, 2009

Justin Rohrlich

“The big-picture perspective is that things have improved. The question is, how sustainable is this growth going forward?”-- Jan Hatzius, chief US economist at Goldman Sachs (GS), on the

Europe's Loveless Lust for a Strong Dollar

Tue Oct 20th, 2009

Mike Mish Shedlock

Seriously, European Central Bank President Jean-Claude Trichet can’t possibly be serious when he says Europe takes the strong US dollar policy seriously.   ... Trichet said officials in

A Watched Pot Never Boils; Look Abroad Instead

Wed Oct 7th, 2009

Mike Mish Shedlock

The G-7 meeting has concluded and the only accomplishment was yapping about the need for a strong dollar. Consider G-7 Finance Chiefs Campaign for “Strong Dollar”.   Finance chief

Economic Stabilization Does Not Indicate Recovery, Part 3

Fri Aug 7th, 2009

Satyajit Das

Editor's Note: This is Part 3 in a multiple-part series. Part 1 can be found here and part 2 here.Fundamental TruthsBelief in the recovery story and sharp financial market rallies fail to recogn
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