Supply is rising. Speculators are leaving. U.S. consumers are driving less. Blogger and strategist Paul Kedrosky sees oil falling more and settling as low as $90 a barrel. But guess what? He also thinks falling oil prices are bad news. Click to find out w
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Posted on August 7th, 2008 by
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From Silicon Alley Insider:NBC is trying, we’ll give them that much. They’ve covering 2,200
hours of Olympic events live online (albeit not the stuff you want to
watch). They’re also covering 3,600 hours of Olympic events on TV
(albeit mostly taped). I
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Paul Kedrosky joined me remotely from his home in San Diego today and he had a strong message for General Motors: Just die, please. Quite a different message came out of the board of GM today who reiterated their
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Is silver-haired media investor Mario Gabelli playing matchmaker?
In an interview, he says that it’s about time Cablevision get down to business and hook up with Time Warner Cable. Gabelli, who runs hedge fund Gamco Investors, a top Cablevision shareholder, tells Bloomberg the family run cable operator and networks company should be “making love with Time Warner Cable.”
Gabelli’s proposal goes much […]
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Citi’s warm embrace of auction-rate securities has come back to haunt it. The bank, by far the largest underwriter of auction rate munis, a major subset of ARS’s, today agreed to buy back more than $7 billion worth of ARSs,and pay $100 million in fines. Other banks facing accusations of fraudulent marketing of the now […]
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Whether you’re on Wall Street or Sand Hill Road everyone in techdom is talking about cloud computing. But what exactly is it? Why is it so powerful? And more important where are the business opportunities? We put together this primer in our latest install
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After Freddie Mac’s huge loss this week, expect similar grim news when Fannie Mae reports Friday, says Joshua Rosner, managing director at Graham Fisher & Co.Rosner, who has distinguished himself by being right and early in calling
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Disappointing July same-store sales figures from Wal-Mart and Target today point not just to the struggling consumer, but why this economic slowdown is just getting started, says Joshua Rosner, managing director at Graham Fisher & C
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