Articles

Would you marry for the money? The WSJ.com just reported on some interesting findings from a survey of 1,134 people nationwide with incomes ranging between $30,000 to $60,000. The results are pretty surprising.

Bernanke is correct not to keep slashing the Fed funds rates.

The Fed today decided to cut the Federal Funds rate and the Discount rate by .25%. This is less than what many on the Street hoped and wanted but the Fed understands that inflation pressure is bubbling away.

Sometimes real life is just hundreds of times more fascinating than fiction.

Don't expect a snap-back rally from Motorola.

Merck and Schering Plough seem to be doing everything they can to protect their popular drugs from the results of a trial they designed and ran.

Google's motto is Do No Evil but lately it seems to be acting much more like another technology titan - Microsoft. Google has been squashing competition and running smaller players out of business. If you're a webmaster then you know just how powerful Google has gotten.

We probably haven't seen the end of Citibank's fall.

This economy and these markets are in trouble. And, the trouble is not nearly over. Anyone who thinks that we have weathered a storm is fooling himself. There was no surprise when we dipped below 14,000 a month ago. There should be real concern now that we have fallen below 13,000. It looks now as though the subprime muck will really take this economy down big time and that we are only a small way along the way down.

I view myself as a risk-taker. I have always been a risk-taker in my career and in relationships. Yet, last Monday, I was abruptly confronted with a risk that I couldn't possibly take.

Fortune.com posted an interesting article about some account changes that Fannie has made that helps to hide an increase in non-performing loans. The disclosures sent the stock down almost 5% on Friday. Clearly, financial institutions are under tremendous strain from defaulting home loans.