Google Search and Google News performance slowed to a crawl, while an outage seemed to spread from Gmail to Google Maps and Google Reader. Comments about the failure were flying on Twitter, and quickly became one of the most searched terms on the popular micro-blogging site.
Author: Robin Bal
They do, however, exist. Since 1923, when the first reported case of a pet inheritance was affirmed in Willett vs. Willett, pets have been receiving money. Sometimes quite a lot of money. Here are seven dogs and seven cats (in particular order) that are probably richer than you:
If you look at a long-term chart of the Dow Jones average, you will see that it is currently at some of the 2002-2003 levels. It has dropped dramatically since the financial collapse of 2008-2009, but it is still in familiar territory.
Citigroup became the latest bank to post better than expected results for its first quarter. The bank on Friday said net income of $1.6 billion, compared with a loss of $5.11 billion in the quarter a year ago. Citigroup’s problems are far from over, but it had its best quarter since late 2007.
In light of the current Keynesian-style government fiscal stimulus measures introduced to try to tackle the economic slowdown, the series looking at economic theories within the context of the present situation examines the work of Jean-Baptiste Say and classical economic theories.
Both gold and dollars are considered money, and holding money does not qualify as an investment. However, there is one big difference between the two. By holding paper money one loses purchasing power. The purchasing power of commodity money, e.g., gold, however, goes up if the government devalues the underlying currency.
Economy Is Really Bad
The Treasury Department, which oversees the bailout program, said the banks returned a total of $353 million.
Risk is the probability of loss. It is best to estimate it and to adjust your purchase and sell strategies to it in order to control loss before the purchase is made. Correct timing of purchases, buying near support, limiting loss potential, and stopping the decline by using volatility stop losses are all ingredients of a good risk control system. Let’s look at a few of these loss control discipline components.
Dad’s business — Bernie Madoff Investment Securities — was not their domain, they say, and thus they have nothing to do with the fraud. For a long time, people have suspected this wasn’t true, but a story in offers the best evidence yet.