Why can’t Morgan Stanley stay saved? The stock is continuing to tumble, despite the backstop of taxpayer cash and the sale of a 21% stake to Mitsubishi UFJ. The U.S. government can put a floor on the stock, says my guest Paul Kedrosky, but it can’t force
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First we bailed out the banks, and then came requests from insurers. Now the automakers are lining up for a rescue plan.We’ve allowed airlines to file for Chapter 11 bankruptcy, including Northwest and Delta Airlines. Why not let GM go bankrupt, too? I di
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Where’s the stock market going from here? Today’s guest, investor and blogger Paul Kedrosky, thinks all you short-term doom-and-gloomers are going to get a pie in the face in the form of a “savage” 20%-25% year-end rally.After you cover your sho
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When at first you don’t succeed to fail, just wait for the banks. After Huntsman took rival Hexion Specialty Chemicals to court to force them to make good on their $6.5 billion acquisition, it’s the banks that are now trying to shut the door.
Hexion and its parent Apollo Management went to court to kill the […]
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Were this a more normal investing environment, today would go down as a day of extraordinary drama - the Dow traded in a 450-point range while the S&P moved in and out of positive territory 20 times.But these are not normal times and so Monday’s sessi
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From Silicon Alley Insider, Oct. 27, 2008:Lost in the market panic last week were some critical details on
Microsoft’s conference call. These offered tangible evidence that the
Windows monopoly that has carried the company since its inception is
beginn
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As Aaron and Henry discussed this morning, public companies are laying off employees across the economy and the Valley is no exception. TechCrunch counts more than 40,000
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As the financial markets came unglued in recent weeks, gold has been conspicuously absent as a “harbor” for those seeking safety. In fact, forget being a haven; gold has been a hell for those long in recent week.
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