Members of Congress Get Abnormally High Returns From Their Stocks
Wikimedia Commons photo Dan Froomkin Huffington Post Members of the House of Representatives considerably outperform the stock market in their personal investments, according to a…
Stock Market
Goldman Plunges, As Market Cap Shrinks By $8.3 Billion Just Since The Matt Taibbi Takedown
Image: StockCharts.com Editor’s Note: Yes, Lloyd Blankfein is still with us after The Rapture . . . despite doing God’s work. Joe Weisenthal Business Insider…
Can Dollar Weakness Actually Deflate Asset Prices?
Dees Illustration Jason Kaspar Activist Post Are there any dollar bulls left? Inflationists across the web are crying ‘victory’ as the dollar sinks and certain…
Taxpayers foot $850M bill for Wall St.’s pension fees
Josh Kosman NY Post New York City taxpayers are helping to pay $850 million in Wall Street investment fees — even as these financial gurus…
Equity Valuations Forming Second Biggest Bubble in US History
Jason Kaspar, Contributing Writer Activist Post Despite the terrible economic performance of the past ten years (both in terms of the markets and the general…
Why You Should be Freaked Out About the Stock Market
Phoenix Capital Research Zero Hedge I doubt you will see this chart in the mainstream media any time soon… if EVER. This is a chart…
US man arrested in hacker stock fraud scheme
© AFP/POOL/File AFP WASHINGTON (AFP) – US authorities Monday arrested and charged a Texas man accused of masterminding a scheme using a Russian hacker and…
Michigan passes ‘financial martial law’ bill
Editor’s Note: Finally, they’re sending in the troops to arrest the banksters. Oh wait, the tyranny is actually directed at the little people and coordinated…
Golden Years?
The problem isn’t that public-sector workers have too much retirement security. It’s that everyone else has too little. Ronald Brownstein National Journal One big reason…
Battle of the bourses heats up
Deutsche Boerse and NYSE Euronext said on Wednesday they are in “advanced discussions” to merge. © AFP/DPA Marius Becker AFP/Activist Post NEW YORK (AFP) –…
Wall Street’s Secret Society Elects New Members
Huffington Post This weekend a tight-lipped group of power brokers elected two new members into Kappa Beta Phi, Wall Street’s secret society founded in 1929,…
Algorithms Take Control of Wall Street
Mauricio Alejo Felix Salmon and Jon Stokes Wired Last spring, Dow Jones launched a new service called Lexicon, which sends real-time financial news to professional…
Europe starts confiscating private pension funds
Mark Hemingway The Examiner The U.S. isn’t the only place that’s facing a major pension fund crisis. The Christian Science Monitor has this alarming report:…
No Amount of QE Will Keep the Stock Market Bubble From Bursting
Dees Illustration Zero Hedge It was the night before Christmas Eve, and CNBC trucked out TrimTabs’ Charles Biderman to a de minimis audience, knowing full…