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Inmates: Bernie Madoff in Prison Scuffle -- and Wins -
Source: FOXNews.com

Bernie "The Bruiser" Madoff got into a prison-yard tussle with a fellow inmate over - of all things - the stockmarket, eyewitnesses told The New York Post.

Goldman May Lose Millions From Ex-Workerâ's Code Theft
Source: Bloomberg.com

"The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways," Facciponti said, according to a recording of the hearing made public yesterday.

Barack Obama's Irrational Exuberance
Source: US News & World Report

Like an investment strategist calming jittery clients, Summers pointed out that the battered Dow Jones industrial average, adjusted for inflation, now stands at 1966 levels. That was a time when America was far less wealthy and technologically advanced.

Ben Stein Says Economy Is Fine - CBS News
Source: CBS News

Ben Stein lives on a different planet than the rest of America less than 12 months ago he was still pushing the Bush economy like it was better for the country than moms apple pie and chicken noodle soup.

Pay Attention to That Window Behind the Curtain
Source: Wall Street Journal

If history is any guide, a lot of portfolios may get a makeover between now and 4 p.m. on Dec. 31, when the 2008 trading year will finally take its last putrid breath.

Crisis in Confidence at the Bailout
Source:

Discusses how the view from the top may differ from the view from the bottom

US shares plunge on rescue plan doubts | smh.com.au
Source: The Sydney Morning Herald

US stocks tumbled as investors worried a $US700 billion bailout for the financial sector may not resuscitate a slumping economy, while a record spike in oil prices renewed concern about consumer spending.

500 Points = Blip on the Radar
Source:

That sounds like a lot of money, until you consider that since 9/11, shareholder wealth grew from $10 trillion to $16 trillion--an increase of 60 percent.

Oversold housebuilders offer value
Source: Cantos ity Flash

Watch Andy Brough, Fund Manager, Schroders

US recession: the end of the argument
Source: MoneyWeek

Wall Street slumped on the release of some horrendous employment numbers - the clearest indication yet that the US is in recession. What next?

Dow bounces back with 299 points
Source: NY Daily News

Investors endured another white-knuckle ride Wednesday - but this time the outcome was an extraordinary rally.

Why US stocks won't be the winner this election year
Source: MoneyWeek

Historically, presidential election years have been good for the US stockmarkets, but 2008 looks different. Jeremy Batstone considers past trends and an uncertain year ahead.

Calming stockmarket - The backdraft before the Explosion?
Source:

Jim Willie has been right about so many things so far. This is what he now forcasts.

Recession in America | America's vulnerable economy
Source: The Economist

IN 1929, days after the stockmarket crash, the Harvard Economic Society reassured its subscribers: "A severe depression is outside the range of probability".

AU CEO warns of coming Crash
Source: The Age

The SubPrime issues have still not resolved.

Is a global recession inevitable before 3Q 2008?

The recent rollicking ride on Wall Street has made it obvious to all that the US economy - and thus that of much of the world - is nowhere near as fundamentally strong as the Wall Street gains of the past few years would have one believe.

Hollywood startlet Michelle Williams' Dad back in trouble with the law
Source: CompareShares

In Australia, US sharemarket guru Larry Williams has lost his challenge to the validity of extradition proceedings against him over alleged tax evasion.

Nasdaq boss ponders Second Life stock exchange
Source: Reuters

Nasdaq CEO Bob Greifeld said on Tuesday he could imagine opening up a stock exchange in Second Life. "We have actually contemplated it," he said. "The first life is hard enough, but we're fans of it and we pay attention to it and we have thought about it."

Europe Tops US in Stock Market in Value for the First Time Since WWI
Source: FT.com

Europe has eclipsed the US in stock market value for the first time since the first world war in another sign of the slipping of the global dominance of American capital markets.

10 stocks to buy now
Source: CNN

With oil prices and a housing bust threatening the economy, we discovered ten solid stocks that can still pack a punch.

Competition heats up for homeland security dollars | csmonitor.com
Source: Christian Science Monitor

The "war on terror" has brought the homeland security industry into the financial limelight.

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