Gregory Ness submits:
$$$ Carlyle sued by Kuwaiti group over fund [FT]
$$$ Charlie Gasparino: Goldman is about to be come a “second tier” bank. [TDB]
$$$ Treasury’s Confidential ‘Break The Glass‘ Plan [Andrew Ross Sorkin]
$$$ The Fall of Mean Jean [Crain's]
$$$ Canada Somehow Ranks Ahead of Mexico in PwC’s Global Economic…
Dennis Gartman of the Gartman Letter appears to have a rather vocal critic in Fabrice Taylor at The Globe and Mail, this item appearing earlier today casting a dim view on all things Gartman, the lone exception being a style that…
Good morning. Futures are slightly positive as Wall Street searches for direction on this final trading day of November. Much like on Friday, Dubai and holiday retail sales are in the spotlight and there are mixed reports on both. The dollar…
From CNBC: Dubai World to Restructure About $26 Billion of Debt
Dubai World said it would try to restructure about $26 billion of debt, far less than the nearly $60 billion in total liabilities that the Dubai government’s investment arm had…
Rdan
How does Congress keep track of such things, if at all, and again who reads these things except those willing to be wonks or lobbyists?
Sen. Chris Dodds Proposed Financial Overhaul Bill can be found at the link.
Huffington Post notes that de novo…
DB analyst Mike Baker released a report today on how well retailers did during Black Friday in terms of busyness. He uses the unscientific “busyness” indicator to measure what percentage of a store’s locations he would characterize as busy. Across…
We were expecting a big dump on both Wednesday afternoon and again on Friday. Something good and juicy from some big-name company hoping to get lost in the Thanksgiving frenzy! Boy were we disappointed! According to the folks at SEC…
Excerpt from fund manager John Hussman’s weekly essay on the U.S. market:
Excerpt from the Hussman Funds’ Weekly Market Comment (11/30/09):
In my estimation, there is still close to an 80% probability (Bayes’ Rule) that a second market plunge and economic downturn will…
Bernanke Starts Fed Debate Early (WSJ)
Ben Bernanke would prefer the Federal Reserve not be stripped of its power. Senator Bernie Sanders would prefer the Beard be stripped of his job: “If he’s the smartest guy in the world, why didn’t he do…