Waiting for Schadenfreude
Waiting for Schadenfreude A couple of years ago, at the height of the boom, a friend in New York publishing described to me the indignities of being a five-figure employee commuting daily from suburban New Jersey on trains packed with traders, stock brokers and hedge-fund [more...]
Date: 2008-10-03 02:02:15
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November 14, 2008 in history and current events, tdih | by ari On this day in 1972, the Dow Jones industrial average closed above the 1, ... surrounding the trading floor of the New York Stock Exchange. This was the traditional visual signal ... in the air and drifted down like confetti. Said another broker, “There’s a sort of renewed confidence [more...]
Date: 2008-11-15 04:25:17
Yang Out at Yahoo!
No surprise here . . . Yahoo! Inc. Chief Executive Officer Jerry Yang will step down, following his failure to negotiate a takeover by Microsoft Corp. and broker an online advertising ... , California, fell 19 cents to $10.63 at 4 p.m. New York time in Nasdaq Stock Market trading. Ten bucks [more...]
Date: 2008-11-18 02:26:12
Oil. It’s Still Not Cheap.
You call this cheap? Even after its summer swoon, oil is still expensive by every medium- or long-term measure, ... or rallies. Tom Bentz, a commodity broker at BNP Paribas in New York, has been involved in the oil ... posing a threat to the broader economy. The trading of both energy and consumer stocks seems [more...]
Date: 2008-08-13 16:04:00
NBA owner Cuban charged with insider trading
NEW YORK (CNNMoney.com) — Entrepreneur Mark Cuban, owner of the National Basketball Association’s Dallas Mavericks, was charged Monday by the Securities and Exchange Commission with insider trading. According ... -public information. He is accused of calling his broker and instructing him to sell all of the stock [more...]
Date: 2008-11-17 17:15:14
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