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Goldman Sachs and Morgan Stanley's Reliance on Commodities Demonstrate Potential Bubble

Both Goldman Sachs and Morgan Stanley, two of the preeminent investment banks in Wall Street have turned to commodities to cushion their balance sheet from the mortgage implosion. Based on their financial's, vast amounts of money are flowing into commodities. Is this what's helping cause commodity prices to rise?

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The massive wealth and profits generated by the big Wall Street banks is draining away. Nearly half of the profit they earned over the last couple of years on the strength of mortgages, CDOs, etc. are gone. Massive write downs continue and the financial services industry looks like it will go through a period of downsizing.

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Warren Buffett is a great investor and maybe, or maybe not a great guy, but I must admit, I'm burned out reading about him, seeing him on CNBC, etc. Is anyone else? Here are some places where I found Warren Buffett over the last... Read →

CNBC is running their annual Million Dollar Stock portfolio contest this year. You can trade stocks or currencies and win weekly prizes or a pool of one million dollars if you finish in the top 6.

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SmartyPig is running a second $100 Gift Card Giveaway Using Twitter. Answer a question and you might be selected to win the dough.

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A new tool from HeatMap.com combines rental and housing sales data to provide an indicator on whether it makes sense to rent or to buy.

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Want to make big money? Become a CEO and keel over.

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Thought the housing problem was just isolated to the subprime market? Think again. It's not spreading to the option ARM market.

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Nikesh Arora believes that eventually all smaller Blogs and content providers will get squeezed out and the survivors will start to charge. Will you pay?

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Just watching Matt Simmons in TV. He published a book 3 years ago when oil was at $30 saying that oil is going much higher. Hiss views on peak oil are not completely absurd.

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With oil at $130 a barrel, here is the most sensible idea. It is also a bitter pill to swallow.

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Microsoft just launched a new cash back program in an attempt to promote their Live search engine and steal market share from Google. Will it work and is it worth it? Here's what I found out on my quick shopping spree.

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This is a discussion on the future direction of the Federal Funds rate, using the Fed Funds Rate Predictor (produced by the Cleveland Fed) as a starter.

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