Bailout Nation: Paulson, Cox, Shorts Weigh in On Fannie, Freddie

It’s rare when the Fed chairman’s semi-annual Congressional testimony doesn’t dominate the conversation on Wall Street, but these are extraordinary times.On Tuesday, Treasury Secretary Hank Paulson’s testimony before the Senate Banking Committee got at le

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Intel Beats Q2 Sales, Gross Margin Light, Guidance Solid

From Silicon Alley Insider, July 15, 2008:A solid summer so far for Intel: The chip giant blew away
Street revenue and EPS expectations for Q2, but gross margins were a
bit lower than forecasted. Why? Greater demand for cheap laptops, which
include che

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Ben Bernanke vs. the Three-Headed Monster

Ben Bernanke came to Capitol Hill Tuesday and essentially admitted what many on Wall Street have been saying for months: stagflationary pressures have arrived.The chairman sees “significant downside risks to the outlook for growth” — a downgrad

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Michael Dell: Is He Agnostic When It Comes to Operating Systems?

Part of Michael Dell’s strategy to revive his namesake company is operating systems. But with technical glitches plaguing Microsoft’s Vista software, many tech eyes are waiting to see if Dell will tip his hat toward a favorite - Vista, XP or Linux. So say

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Google, Yahoo, and Microsoft Live On the Hill

From paidContent.org, July 15, 2008:The top legal officers from Google (NSDQ: GOOG), Yahoo (NSDQ: YHOO)
and Microsoft are currently testifying in front of the U.S. Senate
Committee on the Judiciary, headed up by U.S. …

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New Low for Lehman: Is Going Private the Answer?

Lehman Brothers “is seriously mulling a way to take itself private,” the NY Post reports Tuesday.As Henry and I discuss in the accompanying video, going private isn’t a terrible idea for Lehman, whose stock has tumbled more than 80% in the past

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How Carl Icahn Screwed Up a Perfectly Good Search Deal

From Silicon Alley Insider, July 15, 2008:A source close to Yahoo, a source close to Microsoft, and Carl Icahn
disagree about a critical part of the search proposal that Yahoo
rejected over the weekend: whether or not it required that Carl Icahn
be giv

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Dell’s Resurrection

Yep, that headline has a double meaning. As we all know Michael Dell is back to reclaim– and hopefully relegitimize– the computer empire he started in his dorm room. Russ Mitchell of CondeNast Portfolio flew to China to interview Dell, as his company lu

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