Goldman Sachs likely to report blowout profits

Sunday, July 12, 2009, 6:33 PM | 1 Comment

Excerpts fro New York Times Up and down Wall Street, analysts and traders are buzzing that Goldman, which only recently paid back its government bailout money, will report blowout profits from trading on Tuesday. Analysts predict the bank earned more than $2 billion in the March-June period, thanks to its trading prowess across world markets. […]

Does the GOV have to do this to PUB – AIG mess?

Sunday, July 12, 2009, 9:35 AM | 2 Comments

Excerpts from American International Group (AIG.N) is preparing to pay next week millions of dollars more in bonuses to dozens of corporate executives, a source familiar with the development said. AIG has been talking with Washington’s newly-appointed compensation czar Kenneth Feinberg about the bonuses, which are due to be paid on July 15, said […]

The US National Debt Knows No Speed Limit

Sunday, July 12, 2009, 12:09 AM | Leave Comment

If you keep staring at the U.S. Nation Debt, it seems to speed up. As usual, no cop in sight when you need one. Is there any way we can stop this? It’s scary, ain’t it? I gotta go, get me some Alka Seltzer. That has affected our personal finances, interest rate and our credit […]

Spend Cautiously While Recession Lasts

Saturday, July 11, 2009, 7:37 AM | 1 Comment

Most financial gurus agree that cash is king during any recession. Spend wisely now and you will save a bundle over what things will cost once the fog of the recession lifts. I say fog because our eyesight sometimes become so weak we can’t think let alone see things clearly during a recession. However, don’t […]

Calculators for mortgages

Thursday, July 9, 2009, 7:44 AM | 1 Comment

Whenever interest rates drop, the appeal of refinancing your mortgage grows. But it’s important to know the real costs – and potential savings – before making a move. Homeowners can see how their existing mortgage payments might change if they were to refinance, and, just as important, how long it would take to recover any […]

Kindle 2 Price Plunge Signals Market Competition

Thursday, July 9, 2009, 6:38 AM | Leave Comment

Nearly five months to the day after Amazon introduced its Kindle 2 E-reader, the company has decided to hack a full $60 off of the price tag in order to offer it to US consumers for $299. Yesterday, Amazon quietly lowered the price on its Kindle 2 e-book reader. That didn’t take long: The Kindle […]

Tips For Investing Strategy If You Have Plenty Of Savings

Thursday, July 9, 2009, 5:27 AM | Leave Comment

Savings is good. The more you save, the better it is for you and your family. If you can’t pay for something, don’t buy it. Your ultimate goal should be a comfortable retirement for yourself and college for the kids. Excerpts from the article on CNN The Aquinos live by a simple rule: “If we […]

6 Big jobs remain recession-resistant

Wednesday, July 8, 2009, 1:38 PM | Leave Comment

Because of this lousy market and the deepest recession in memory, every which way you look at it, jobs are being eliminated. It’s hard to think that there will be new jobs available. The Obama Administration says it is willing to provide money and other resources to create jobs in certain industries that were important […]

One Of The Most Successful Entrepreneurs – Michael Jackson

Wednesday, July 8, 2009, 2:00 AM | Leave Comment

According to Merriam-Webster’s dictionary, the definition of an entrepreneur is someone “who organizes, manages, and assumes the risks of a business or enterprise.” Michael Jackson certainly personifies this definition. Regardless of what one thinks of his music or his life choices, it is easy to recognize how enormously productive Michael Jackson was. He broke all […]

SEC Froze Assets Of Provident Royalties

Wednesday, July 8, 2009, 1:08 AM | Leave Comment

The Securities and Exchange Commission has obtained an emergency asset freeze in a $485 million offering fraud and Ponzi scheme orchestrated by three Dallas businessmen through a company they owned and controlled, Provident Royalties LLC. The SEC alleges that from at least June 2006 through January 2009, Provident made a series of fraudulent securities offerings […]