Investors Start 2011 in Upbeat Mood
Posted: 1/4/2011 12:41:00 PM
A giant replica of a $1 billion check from Microsoft for the purchase of Facebook hangs in the home of some early (and very young and rich) San Francisco investors as a reminder of their decision …
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Seven Reasons to Cheer a Better New Year
Posted: 12/19/2010 12:01:00 AM
As the New Year approaches, it’s common to count your blessings. Looking at a 9.8% unemployment rate, it’s tough to be overly jolly. But if you step back, there are actually plenty of signs that 2…
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Americans Cut Back on Debt, Why Can’t Congress?
Posted: 11/30/2010 2:52:00 PM
If the U.S. Congress, or for that matter the Irish or Greek or Spanish governments, are looking for inspiration—or spine—as they embark on painful road to deficit reduction, they need look no fart…
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Mad Money: How QE2 Set Off a Global Chain Reaction
Posted: 11/17/2010 12:31:00 PM
Imagine Ben Bernanke as a grand puppet master. He has just written a new play called QE2. The plot is bold and controversial: The Fed buys trillions of dollars worth of Treasuries, pumping liquidi…
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An Unintended Consequence of Fiscal Austerity
Posted: 11/11/2010 2:36:00 PM
I once stood behind market makers for Cisco, the computer networking giant, whose stock was then selling at a heady 100 times earnings, and watched it surge several percentage points at the open. …
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