To get a sense of how wild and dramatic the swings on Wall Street have been this week, think about this: It was just one week ago that Warren Buffett said “buy stocks. …
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Posted on October 25th, 2008 by
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Given the scope of the global financial meltdown, it’s worth wondering if an international finance regulator might’ve nipped the crisis in the bud, or at least mitigated it’s more egregious effects. The idea of a global finance cop is expected to be on th
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It wasn’t that long ago market players and consumers alike were gripped with fears of inflation, and talk of Fed rate hikes were in the air. …
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Amid the high drama on Wall Street, there was great theater in Washington D.C. this week as Alan Greenspan actually admitted the free-market, anti-regulation ideology that guided his tenure as Fed chairman was “flawed.”With financial institution
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Once the new kings of Wall Street, hedge funds are now looking like the court jester.It’s all speculation at this point, but it seems highly likely we’ll find out that one or more major hedge funds imploded this week, especially given the dramatic moves i
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