ValueWalkJPMorgan Loss Might Reach $9 Billion: NYT, its Likely LowerValueWalkJP Morgan Chase stock losses may reach as much as $9 billion. According to the New York Times, however, we have reservations about the numbers.JP Morgan slides, while Barclays…
Comptroller sees risk-management breakdown at JP MorganMyFox PhoenixWASHINGTON — The JP Morgan Chase & Co. trading activity that lost more than $2 billion stemmed from a breakdown in the firm's risk-management activities that started in late 2…
NEWS.com.auNasdaq Takes Steps to Compensate Facebook InvestorsWall Street JournalProblems with Nasdaq OMX's exchange systems handling the May 18 opening of Facebook shares delayed the hugely anticipated IPO by 30 minutes and left brokers with milli…
NEWS.com.auFacebook IPO: Once Again, Wall Street Wins, Muppets LoseBusiness InsiderAt that time, the two deals valued Facebook at about $50 billion, with a 100+ price-to-earnings (PE) ratio. Fast forward to 2012, Facebook actually went IPO on May 18 wi…
House prices will fall 3 percent nationally in 2012, excluding foreclosures and short sales, Douglas Duncan, Fannie Mae’s chief economist, said at a University of San Diego real estate conference on Tuesday.
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The Police State Continues
The photos coming out of the US continue to look like something you’d see in a country like North Korea or in the old Soviet Bloc.
This photo, from a small gathering of Occupy Wall Street protesters in Phoenix, show…
Back in May, I posted an article on Minyanville asserting that all-cash buyers have kept several major housing markets from collapsing. (See All-Cash Buyers Preventing Collapse of Housing Markets.) With new evidence in to support this claim, now is a…
Mexican truck drivers to haul goods directly from any Mexican city straight through to Phoenix or even all the way to Boston.
Last week’s resolution of a long- simmering dispute between the U.S. and Mexico over long-haul, cross-border trucking repre…
