Short sellers believe that they have seen the bottom for financial shares and exited the industry en masse. Shares sold short in Merrill Lynch (MER) fell 12.6... [[ This is a content summary only. Visit my website for full links, other content, and more!…
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Shorts See Market Bottom, Flee Financials (MER)(BAC)(LEH)(ABK)(WB)
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FHA Raises Premiums for Home Loans
The Federal Housing Administration raised the premiums it charges for insuring that mortgages will be repaid to 1.75% of the loan amount.…
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"Unsmearing the Smear"
Free Exchange looks at a report on "How unscrupulous campaign strategists are taking advantage of a quirk in our brains and what reporters can do to stop helping them": Unsmearing the smear, Free Exchange, The Econmist: An interesting…
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All PS3 Gold Box Amazon event is today
Filed under: Deals and Bargains Amazon is having an All PS3 Gold Box event today. To kick things off, Gran Turismo 5 Prologue is on sale for $22.99 today only or while supplies last. According to ZappDeals, who is usually correct, the following…
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Making money on YouTube with Content ID
Late last year, we introduced our newest tool for YouTube's content identification and management system, Video ID. While we have long provided copyright owners with similar content policies and tools, Video ID was revolutionary because it provided real…
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JOCKEYING FOR '21'
Two big hedge funds, run by billionaires Steven Cohen and David Shaw, tightened their grip on Orient-Express Hotels yesterday in an effort to get the Bermuda-based owner of the famous '21' Club to eventually put itself up for sale. The two funds...…
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Hedge Funds Help Fill a Gap
More investors seeking financing to acquire office towers, retail stores and hotels are left with little choice but to turn to so-called hard-money lenders, lightly regulated businesses that charge high interest rates for short-term loans. Among the…
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New Credit Hurdle Looms for Banks
U.S. and European banks, already burdened by losses and concerns about their financial health, face a new challenge in coming months: how to pay off hundreds of billions of dollars they borrowed before the credit crunch hit.…
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A spiky manner and failure to win gold in Beijing mean the Brazil manager's reign could be nearing an ignominious end, by Fernando Duarte
Contributing bloggers
Who's blogging about Finance now
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Blown Mortgage - Honest mortgage commentary, market insight, opinion and tips to keep you from getting a bad mortgage
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EconLog: Library of Economics and Liberty
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Social Lending Blog - Lending Club
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BloggingStocks
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Second Life: New World Notes