Monthly Archives: November 2008

SEC should Investigate Las Vegas Sands not Mark Cuban

The SEC has charged Mark Cuban – the Billionaire Entrepreneur &  Owner of the Dallas Mavericks , Landmark Theaters & HDNet with Insider Trading by using confidential information on a stock sale of Mamma.com to avoid more than $750,000 in losses. Mark … Continue reading

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Filed under Abundance Wealth, American Economy, Big Business, Crooks, Finance, Financial Crisis, Investing, Money, Rich Man Poor Man, Stocks StockMarket, Uncategorized, Wake Up People, Wall Street DowJones

G20 Death of the Dollar Standard Birth One Central Bank

With the “Greatest Depression” playing out on Bush’s watch , the G-2o finance ministers met in Washington and have given themselves until April 30 , 2009 to Overhaul the Worlds Financial System. The next G-20 Summit will probably be held then in London.  The … Continue reading

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Space Shuttle Endeavour Rockets Toward Intl Space Station

7:55 PM EST from NASA’s Kennedy Space Center Florida under a Bright Full Moon , the Space Shuttle Endeavour Blasted Off , Lighting Up the Night-Time Sky as it Rockets toward its Rendevous with the International Space Station on Sunday Afternoon.  … Continue reading

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Deflation or Inflation You Gotta Eat

October Retail Sales and prices of goods imported to the USA dropped by the most on record pointing to a rising danger of Deflation. Deflation is caused by a collapse in demand and is associated with  Recession and in this case it … Continue reading

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First Photo of Extrasolar ExoPlanet

Astronomers have their first photos of Exoplanets , alien planets outside our solar system , courtesy of the Hubble Space Telescope. An extrasolar planet [exoplanet] is a Planet beyond our Solar System , orbiting around another Star. The frequency of detection is increasing … Continue reading

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Crude Oil Price $56 and DJIA 8282

Crude Oil Hit a 20 Month Low closing down 5.3% to $56.16 & the Dow closed down 411 points 4.7%  to 8282.66  Declining stocks far outnumbered advancing ones on the NYSE by a ratio of 12 to 1 and on Nasdaq a 7 … Continue reading

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Veterans Day Nov 11 Honoring All Who Served

 Veterans Day is a holiday observed Nov 11th Annually in the United States in honor of all those , Living and Dead , who served with the US Armed Forces in wartime. There are five states with 1 million or … Continue reading

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Circuit City BANKRUPT

Circuit City filed for Bankruptcy Monday with Liquidation Likely. Trading of CC shares on the NYSE were halted as shares fell to 11 cents.  Circuit Citys struggles intensified as consumers spend less , credit is tighter and lost market share to rivals Best Buy & … Continue reading

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Death by Firing Squad for 3 Bali Bombers in Indonesia

Indonesia Executed the three men convicted of the Oct 12, 2002 bombings in Bali that Killed 202 people [ 124 of them foreign tourists] . It was Death By Firing Squad at Midnight for Imam Samudra , Amrozi Nurhasyim and Ali Ghufron. … Continue reading

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$14 Billion Cash Burn GM Ford Bankrupt Soon

General Motors Corp and Ford Motor Co reported far deeper than expected quarterly losses on Friday. GM , the largest US automaker , reported a $4.2 billion quarterly loss while Ford posted a nearly $3 billion quarterly operating loss. General Motors Cash … Continue reading

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