Description: Moody’s Investors Service suffered a downgrade of its own as markets responded to the company’s rating cuts yesterday of 15 of the world’s largest banks by bidding up the value of their stocks and bonds.
Source: Bloomberg.com
Date: June 22, 2012
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Description: A review of Dark Pools: High-Speed Traders, A.I. Bandits, and the Threat to the Global Financial System, by Scott Patterson.
Source: Fortune.com
Date: Jun 22, 2012
Link:Â http://features.blogs.fortune.cnn.com/2012/06/22/dark-pools-scott-patterson/?iid=SF_F_River
Questions for Discussions:
Description: Squarespace founder Anthony Casalena didn’t necessarily know he wanted to start a business, but he did have a clear concept of what he wanted. “I was trying to make my personal website and I wasn’t satisfied with any of the existing services†said Casalena in interview, “I had a very clear concept of what I wanted to create and how I wanted to do it, so becoming an entrepreneur was the natural next step.â€
Source: Sprouter.com
Date: June 20, 2012
Questions for Discussions:
Description: Sky-high borrowing costs and a lack of investor confidence may contribute to pushing Spain closer to a bailout.
Source: CNNMoney.com – video report
Date: June 14, 2012
Link: http://money.cnn.com/video/markets/2012/06/14/mkts-spain-10-year-bonds.cnnmoney/
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Description: Ignore the takeover rumors, ailing cell phone maker Nokia won’t be acquired anytime soon. In fact, now is probably the time to bail.
Source: CNNMoney.com – video report
Date: June 14, 2012
Link: http://money.cnn.com/video/markets/2012/06/14/investing-bz-nokia.cnnmoney/
Questions for Discussion:
Description: Rajat Gupta, who reached the pinnacle of corporate America as managing partner of McKinsey & Co. and as a director at Goldman Sachs Group Inc. and Procter & Gamble Co. (PG), was convicted by a federal jury of leaking inside information to hedge-fund manager Raj Rajaratnam.
Source: Bloomberg.com
Date: Jun 15, 2012
Link: http://www.bloomberg.com/news/2012-06-15/rajat-gupta-convicted-of-insider-trading-by-u-s-jury.html
Questions for Discussions:
Description: Oil prices are down more than 20 percent since mid-March. Yet that hasn’t erased a strange anomaly in the market: the gap between two essentially identical types of oil. North American light, sweet crude, also known as West Texas Intermediate, trades just below $84 while its international equivalent, known as Brent, is priced at $97.
Source: Businessweek.com
Date: Jun 15, 2012
Link: http://www.businessweek.com/articles/2012-06-15/oil-prices-keep-falling-but-a-strange-gap-persists
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Description:
The vaunted international stock picker David Herro is betting big on banks in France, Spain, and Italy. But he doesn’t call himself a risk-taker.
Source: Fortune.com
Date: June 14, 2012
Link: http://finance.fortune.cnn.com/2012/06/14/retirement-guide-herro-europe/?iid=SF_F_River
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Description: Stanford University president John Hennessy says there may be a tech bubble going on right now, but not a “catastrophic” one.
Source: CNNMoney.com – video report
Date: June 07, 2012
Link: http://money.cnn.com/video/technology/2012/06/06/ctd_stanford_president.fortune/
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Description: Marc Faber, publisher of the Gloom, Boom & Doom report, talks about his strategy for global stocks, bonds, commodities and currencies. Faber speaks with Sara Eisen on Bloomberg Television’s “InsideTrack.” (Source:Bloomberg)
Source: Bloomberg.com – video report
Date: June 07, 2012
Link: http://bloom.bg/KJzJRu
Questions for Discussion:
