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Trecinvest -...
12-08-2008 09:49 PM
Yesterday 06:52 PM
24 Replies, 253 Views
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U.S. stocks retreat at start |
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Jan 05, 2009 - 4:03 PM - by Doc_offshore
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U.S. stocks fell at Monday's open, following a three-day run of gains, with investors pulling back ahead of data expected to illustrate declining car sales and slowing construction spending, further fueling anxiety before Friday's jobs report.
"Auto sales, construction spending ... all point to a weaker economic outlook. Friday's jobs report should show non-Farm payrolls down 550,000 and the rate above 7%," said Tom DiGaloma, head of U.S. bond trading at Jefferies &... [Read More]
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0 Replies | 5 Views
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Stock futures turn before first session of 2009 |
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Jan 02, 2009 - 2:25 PM - by Doc_offshore
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U.S. stock market futures trimmed early gains to turn mixed on Thursday ahead of the first trading session of 2009 as investors eyed a sharp drop in crude-oil prices and looked ahead to a reading on manufacturing activity.
S&P 500 futures held flat at 900.1 and Nasdaq 100 futures added 5.25 points at 1,207.25. Dow industrial futures were off 1 point at 8,726.
U.S. stocks rallied in the final session of 2008 on Wednesday, with some investors building positions... [Read More]
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0 Replies | 13 Views
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Worlds biggest ponzi scam - $50 bn fraud wall street scam |
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Dec 14, 2008 - 10:39 PM - by italkcash
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Who ever said ponzi scams are still not valuable (also known as HYIP) have not noticed the latest news from wall street. The name is Bernard Madoff and makes any other scam look like someone was playing with pennies. This guy ran a hedge fund so successfull that even banks invested their money in the hedge fund, among those were Spains largest, Santander and BNP Paribas, France's biggest listed bank.
The problem with his hedge fund was basically that he used newly invested money... [Read More]
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1 Reply | 133 Views
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Stein Bagger - CEO of IT Factory runs away with 200 million dollars from Denmark |
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Dec 04, 2008 - 10:34 PM - by italkcash
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The now almost notorious CEO of the now bankrupt IT Factory, a company in Denmark has fled the country.
The danish press has reported about Stein Bagger for the past 4 days in a row now, on what is called the biggest heist of in all the history of Denmark. Stein Bagger, the now most famous individual has fled the country of Denmark on a business trip in Dubai.
The danish financial police has discovered anything from a hidden office, to high worth scams that involves... [Read More]
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1 Reply | 331 Views
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