Recent content by godoftrading

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    A.I.G. Sues U.S. for Return of $306 Million in Tax Payments

    Maybe U.S. taxpayers can file a counter-suit for 'Return of 173 Billion?' A.I.G. Sues U.S. for Return of $306 Million in Tax Payments http://www.nytimes.com/2009/03/20/business/20aig.html?_r=2 By LYNNLEY BROWNING Published: March 19, 2009 While the American International Group comes under...
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    Every farmer in China wants a new vehicle, all 800 million of them

    March 19 (Bloomberg) -- General Motors Corp. can thank U.S. taxpayers for $13.4 billion in loans that have kept it running. The carmaker can also thank China’s government, which is kicking in subsidies of as much as $1,170 to help it sell vans. The automaker’s China minivan venture boosted...
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    AAPL could be in trouble

    AAPL has broken it's trendlines and is below all the falling moving averages. If the support areas are broken, I imagine we could be in for a big drop.
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    Merck to Buy Schering-Plough for $41 Billion

    March 9 (Bloomberg) -- Merck & Co. agreed to buy rival U.S. drugmaker Schering-Plough Corp. for $41.1 billion in cash and stock to get a larger experimental pipeline and products unhindered by imminent patent losses. Schering-Plough holders will get $23.61 a share, a 34 percent premium to the...
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    What about Ford?

    What do you all think of Ford? I know I should have my head examined for thinking of buying automotive stock, but consider this: If GM tanks completely, which it will, it's one of the big TWO and the only publicly traded car company in America. Stock price has held it's own last couple of...
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    Whos buying Citi at 99 cents?

    Is this a great long term buy? Or is Citi going bankrupt?
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    Will China continue to outperform

    The HSI is not great but despite a lot of bad news this year it seems to be doing remarkably better than elsewhere, US or Europe. Do you believe it'll correct lower?
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    MLB player has '13 bucks in my wallet' due to Standford Financial

    Tue Feb 24, 2009 1:51 pm EST Scott Eyre is the latest ballplayer to admit he's almost broke By 'Duk Never thought we'd see a day when a pro ballplayer might take to selling apples or asking a fan to spare a dime, but thanks to the ongoing fraud schemes those farfetched scenes could become a...
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    SEC may Reinstate Uptick Rule

    It's mentioned on the second page of this NYT piece: http://www.nytimes.com/2009/02/23/business/23schapiro.html?_r=1&partner=MARKETWATCH
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    U.K. stats agency reclassifies Lloyds and RBS

    Britain's Office for National Statistics on Thursday reclassified Royal Bank of Scotland and Lloyds TSB as public corporations from Oct. 13, when the government announced it would recapitalize the companies. The agency said data from the two banking groups will be incorporated into data on...
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    Time Magazine Rates the top 25 people to blame

    One of the most politically bias opinions I've ever read. 25 People to Blame for the Financial Crisis - 25 People to Blame for the Financial Crisis - TIME
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    % mortgages NOT held by banks

    FRB: December 2008 Statistical Supplement--Mortgage Debt Outstanding Maybe someone can supply more current figures but if you 'fix the banks' it doesn't automatically follow that you solve the mortgage crisis.
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    Kansas suspends tax refunds; may not make payroll

    Another state out of money KWCH - Kansas News and Weather - Kansas Suspends Income Tax Refunds
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    The End Of The Trade Bubble

    The End of the Trade Bubble? - BusinessWeek In addition who is left to foot the tax tab on a progessive basis.... The deficit will be largely due to tax revenues being decimated....and the Govt will want to tax more from a declining base.... Once again....10% Consumption Tax .... The US Govt...
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    Nissan to Cut 20,000 Jobs as Carmaker Forecasts Loss

    when will these companies run out of jobs to cut? Bloomberg.com: Worldwide
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