Archive for September, 2006

6 Years For Enron’s Fastow

Tuesday, September 26th, 2006

The Justice System wasn't happy with Enron, and the latest person to feel the wrath is Andrew Fastow, who was instrumental in engineering much of the financial subterfuge that the company was so famous for. It could have been worse for Fastow, but he's made amends since his arrest: Fastow, ...

The Quality Of Investment Information Online

Wednesday, September 13th, 2006

IMHO, the quality is low, and high, all at the same time. You have more information than ever before. And that's great, but it's also the downside of doing research on the internet. It takes almost nothing for people to generate "information" for the masses online, much ...

Stocks down on expected news

Thursday, September 7th, 2006

I've been harping on this issue for awhile, so I'll do it again. The stock market is having another tough day because the economic news is not that hot. People get worried when the economy isn't hot. When they get worried, they invest less. So what's ...

Stocks in the red as market optimism wanes

Wednesday, September 6th, 2006

Indeed the investors are skittish again today. The market is in the red as people weight their options. Today people are worred about wage rate inflation. In a growing sign that things are more expensive than ever: The Labor Department report that wages rose at an annual rate ...

In which direction is the econonmy headed?

Tuesday, September 5th, 2006

I think a lot of people are sharing my question this morning. The economy has been moving along for awhile, but there are definite warning signs everywhere you look. But if a broad economic recovery is evident, then all ships will be raised by the tides. Investor ...

The Real Estate bust - is it here, how bad can it get?

Friday, September 1st, 2006

That's a big question for anyone who owns a home, and an even greater concern for people who are considering re-financing their homes. The bust is definitely already hitting areas: generally the areas that are hit hardest have been the ones that were flying the highest. But even ...