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WallCloud: October 6th, 2008 : America American Americans Congress McCain Obama

I am getting seriously aggravated with the flighty behavior of Excel 2007. Yes, I acknowledge that the spreadheets in question is quite complicated ...shared VBA modules in an XLA filedatabase read/write using ADOarray-manipulation for ranges of cells (see this post)lots of macro (VBA)...
, presentations , powerpoint , hands , technology , development , excel
NEW YORK (AP) -- Financial markets around the world had a rocky start Monday after European governments took steps to limit the damage from the growing global financial crisis. U.S. stocks appeared headed for a steep drop at the opening, and the credit markets remained under strain...
2008-10-06 11:48:34 hospital impact
by Tony Chen Last week, I was trying to explain to a 9-year-old how this financial crisis happened. I explained it this way: "Let's say you get a dollar every day. But every day you spend a dollar and a quarter. After a few weeks and months, the people you've been borrowing that q...
2008-10-06 11:11:13 FarmPolicy.com
Announcement: Purdue economists to discuss financial crisis, implications- “Uncertainty reigns supreme in financial markets as Congress considers legislation to stabilize the banking industry and Wall Street. Purdue University economists will discuss how the financial crisis develope...
World stock markets suffered fresh maulings on Monday with five-per cent plunges in Europe and Tokyo at a four-year low on doubts whether a Wall Street bailout package could stem the global financial crisis.
The House appears headed today for another nail-biter on the $700 billion Wall Street bailout.
2008-10-06  EYE ON MIAMI
It is a strange entry on the Sunday opinion page of The Miami Herald: "Palin news is balanced; opinion line up isn't". Apparently the right wing spin machine is hard at work on the mainstream media: ombudsman Edward Schumacher-Matos writes of Palin's supporters, that they are wrong ab...
, Miami , McClatchy , Gimleteye
Lots of stuff in the weekend press about what the big changes in the financial sector signify. Lots "end of the road" stuff, which I'm sure you've read. But here's two pieces you might not have had time for:1. An interesting contribution in Newsweek this week to the de...
Wall Street is tanking, home prices are flying south, and jobless claims are on the rise. Are there bulls anywhere? Sure there are—in the market for “green guilt.” Early guilt markets (Wikipedia) The Washington Post reports today on one of the few markets enjoying happy times...
, In , Emissions , Carbon , Global
Last week I was schoolin' y'all on the connections between banks and all those who do business with them.  I also hipped you to the lame nature of this 'bailout'. Today, those two ideas have reared their ugly heads as markets all around the world are falling steeply.  Why?  First, W...
Barclays The crisis on Wall Street likely means fewer investment bankers will be making first-class hops between between London, New York and other financial centers. A couple of reports released Friday highlight links between the shaky financial sector and traffic and sales at comm...
, British , Data
Just before midnight 10 days ago, as a financial whirlwind tore through Wall Street, someone filched a 75-pound bronze bust of Harry Poulakakos from the vestibule of his landmark saloon on Hanover Square in New York. Digging into a bowl of beef stroganoff the day after the bust disapp...
Stocks tumbled around the world on Monday and opened sharply lower on Wall Street as fears grew that the financial crisis was spreading.
2008-10-06  Dealbreaker
Editor's Note: My name is Daniel Harrison, and I'm the new Opening Bell writer here at Dealbreaker. Those of you who are readers of the TheStreet.com may remember my daily Asia markets column over there; others may have stopped by my personal blog, which is on the blogroll here. Either...
, Opening
Greed is, of course, good. Uncontrolled greed ends in disaster. Just that simple. Two and a half years ago, Overstock.com CEO Patrick Byrne penned an editorial for The Wall Street Journal, warning that widespread stock manipulation schemes - including abusive naked short selling - wer...
2008-10-06  Dr. Sanity
Thomas Sowell wonders if facts matter anymore:The current financial bailout crisis has propelled Barack Obama back into a substantial lead over John McCain-- which is astonishing in view of which man and which party has had the most to do with bringing on this crisis.It raises the ques...
2008-10-06  Law And More
After I exhaled about the global, national and my own economic woes I caught up with our Wall Street expert, Sherwin-Williams's shareholder and tenacious lead-paint watcher [he's watching California night and day].  I told him it was time for a Fireside Chat.  He agreed. Bu...
, Current
2008-10-06  Advice Goddess Blog
He Was Against Fannie Mae Before He Was For It It's a rare and beautiful thing -- a politician who does the unpopular thing because he believes it's the right thing to do. The guy is Wisconsin Republican Rep. Paul Ryan -- who, per a WSJ op-ed, is not one of the many Republicans who, fo...
2008-10-06  ERE.net
You would have to be clueless to not be aware of the turmoil on Wall Street these days. Banks, investment firms, insurance companies, and nearly every type of financial services institution is facing severe budget cuts, layoffs, and bankruptcy. This kind of turmoil makes even the very ...
, News , directsourcing , employeereferrals
TB’s Quote of the day: ”Who am I?...why am I hear?”…Admiral  James Stockdale when he was a running mate with Ross Perot. The statement was met  by laughter but TB worried that he might have Alzheimer’s. But it was just a statement to introduce himself that fell flat. TB alw...
AP - Financial markets around the world had a rocky start Monday after European governments took steps to limit the damage from the growing global financial crisis. U.S. stocks appeared headed for a steep drop at the opening, and the credit markets remained under strain.
2008-10-06  Romenesko
Washington Post "We all failed," says CNBC's Charles Gasparino. "What we didn't understand was that this was building up. We all bear responsibility to a certain extent." Washington Post executive editor Marcus Brauchli tells Howard Kurtz: "I regret that when I was at the [Wall Street]...
2008-10-06  MauledAgain
To say that what Congress did on Friday was disappointing would be an understatement. What Congress did was, and remains, downright dangerous. A huge sum of money has been thrown in the direction of institutions and people who are either malevolent or ignorant. Banks and other institut...
It’s been a bad stretch for Sen. John McCain, but few have been willing to go this far: Former Hillary Clinton spokesman Howard Wolfson, now writing for The New Republic, declares flatly “The race is over.” Sen. Barack Obama will win, he says. “John McCain’s candidacy is...
, Political
The entire bill is pork and the biggest recipients are the banks and Wall Street investment banks and the executives that manage them so well..
2008-10-06  Gawker: Economics
Sure, the S&P 500 fell 9 percent last week as financial problems spread further beyond Wall Street. But now one troubled bank. Wachovia, is in such high demand that the federal government had to step in to mediate a dispute between two bitterly competing suitors, Citigroup and Wells F...
, economic , before , economics , media , pictures , the , wall
2008-10-06  Bigg Success
You might think that our title has something to do with the recent behavior of Wall Street and Washington. It probably could, but in this case, it doesn’t. ___ ___ It does refer to seasons. We’re in the Midwestern United States. We’re heading into fall which, of cou...
, Business , Money , bigg , bigg , bills , boom , boom , budgets , business , buying , buying , cash , cash , credit , economy , emergency , financial , george , home , mary-lynn , nuts , podcast , purchasing , retail , save , savings , seasons , smart , southern , squirrels , stretch , talk , the , timing , turkeys , Wall , working
2008-10-06  CrunchGear
You’re looking at the BlackBerry Application Center, RIM’s answer to Apple’s App Store and Google’s Android Market. Same basic concept as the other two—you browse and buy applications that enhance your BlackBerry experience. The Application Center—...
, Headline , application , applications , blackberry , software , storm
The experts tell us there will be another “bloodbath” on Wall Street today. There may be, or it may be another “dead cat bounce”. All that matters is that the American public was told if the big 700 billion dollar bailout package passed, all the problems would be fixed. Anyone...
You know Jim Cramer. He's the host of CNBC's "Mad Money". Basically he screams at you about the stock markets and investment. Big guru. I'm not good with screamers, so I can't watch him for more than a minute without having to change the channel. Besides, I don't have any money anyway....
Why do we keep putting these people back in office ? How about a new movement called "INCUM" ? This stands for "INCUMBENT OUT". This is not to attack any one person but the system. If they are in office vote for the new person running. I wonder if this was done, would we (the voters) g...
"We Should Have Sold This Country Ten Years Ago" Alec Baldwin Huffington Post Posted October 5, 2008 | 09:50 PM (EST) It was fun to do Bill Maher's show this past Friday. Gary Shandling had the best line all night. "We should have sold the country ten years ago," Shandling...
As much as I'd like that to be the case, I'm not buying it. For years the majority of Americans have been fine with this situation provided they had their new TV, new car and were keeping up with whatever it was that the neighbors purchased. Even now, I think the economy would have t...
, Republican , socialism , business
2008-10-05  Let Us Talk
“Our financial system in turmoil and John McCain? Erratic in a crisis. Out of touch on the economy.” The ad, slated to start running Monday on national cable, seeks to capitalize on John McCain’s response to the nation’s financial crisis while rebutting Republic...
, Barack , Current , DNC , Democrats , Economy , Election , Elections , Finance , John , Life , McCain , Morals , News , Obama , Politics , Random , Republicans , Thoughts , Uncategorized , Women , Brad
2008-10-05  Anne Truitt Zelenka
Name that economy - By Jacob Weisberg - Slate Magazine "Or perhaps we should say that we've entered the Marxist stage of Rube Goldberg capitalism." (tags: economics freemarkets bailout) James Grant - Bad Medicine - washingtonpost.com "Low interest rates, easy money and malleab...
, Delicious
2008-10-05  Waiter Rant
I often buy things for myself out of shame. I bought a new couch only when it became obvious that my musty, sagging, slip covered old one was about to achieve sentience. When I realized that I’d be in public promoting my book I finally decided to replace the worn, ill fitting “fune...
, Uncategorized
Many people with panic disorder know that stress increases anxiety and panic symptoms. Few would say that the current economic climate in the United States has not had some...
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2008-10-05  THE DOCTOR BLOGGER
Partnership to Fight Chronic Disease ( www.fightchronicdisease.org sponsore d a conference call Tuesday and below is the response fromThe LA Times.Healthcare System: the next financial meltdown? http://latimesblogs.latimes.c om/booster_shots/2008/09/health-care-sys .html When To...
, B1.
Stanley Feld M.D.,FACP,MACE I believe in the power of the free market if the rules are fair to all. Logic and common sense should determine healthcare policy. I am suspicious of the validity of pilot studies designed to test healthcare policy initiatives. The studies usually are def...
, Consumer , Health , Medicine: , Politicians,Healthcare
2008-10-05  Muddy Thoughts
The Straight Talk Express, as much as a misnomer that can ever be in what is shaping up to be the worst Presidential election since, well, 2004, ran off the road and into the election ditch over this Ripoff and Rape America Bill.(UPDATE: It appears that Hairball Reid & Co. are going to...
, "Reid" , "Pelosi" , "Biden" , "Tina , "bailout" , "Straight , "McCain" , "Palin" , "Ron , "Bill
2008-10-05  Scholars and Rogues
Link of the Week (as opposed to the Weakest Link): From American Raj, a new book by Eric Margolis: Abdullah Azzam “ran a dingy little rooming house next to his office for Muslim mujahedin headed for Afghanistan that came to be known as ‘the base’ or ‘the centre,...
, Congress , House , Republicans , health , national , sports , Add , bailout , Barack , Democrats , financial , Iraq , John , NFL , Sarah , Terrell
2008-10-05  That Lawyer Dude
This must be the week for Prostitution on blogs. Instapundit sites this article about the (sewer/treasure trove{?}) that Craig's List Erotic Service Section has become in the search for "sex on the run." I think the comments below the article are interesting however. For example:"Poste...
, Internet , Sex , Cyber , Taxes , Justice , FBI , Terrorism , Prostitution , Legislation , Federal , Escorts , US
“Kings, when they enter a country, despoil it, and make the noblest of its people its meanest thus do they behave.” [Noble Qur’an 27:34]   On the tail-end of the $700 billion Wall Street bailout which allows corporations a b-line to the Federal Reserve and a $600 billion def...
, Respond , Bail-out , Empire , War
2008-10-05  Anglachel's Journal
Yes, I'm a few days late with this and haven't had time to read it in full until today. I've added Hillary's news page as a live feed to the sidebar to keep up with what's coming out of her Senate office, which is an amazing amount. I'd link my own Congress critters' news feeds, too, e...
, Housing , Roubini , Economics , Clinton , Class , Hillary , Democratic , Class , Political
Democratic radio address Oct. 4, 2008 Good morning, this is Ohio Governor Ted Strickland. Yesterday, we woke up to some tough news. Our economy lost another 159,000 jobs in September - our single biggest monthly job loss in more than five years. That's another 159,000 Americans wond...
2008-10-05  Marketing Safari
This is new here on the Marketing Safari, starting last Sunday - The Catch of The Week. Each Sunday I'm going to post links to the most interesting articles I've come across that week. Most of them are found via Twitter, Sphinn or my reader. Hope you like it. SEO and Social Media Ca...
, Catch , catch
While transgender workplace diversity issues are not inherently tied to any political ideology, it is clear that Barack Obama is supportive of transgender workplace rights and that John McCain is not supportive of transgender workplace rights. The transgender community and its allies ...
Providing for the common good is one of them In the arguments against nuclear energy, critics have taken aim at the debt ceiling of the Tennessee Valley Authority (TVA) and the federal loan guarantee program for support investments in new nuclear power plants. These critics seem to ...
, global , Tennessee , debt
No matter what industry you work in, the economy is affecting your business. Regardless of if you are directly or indirectly touched by the current banking and credit crisis, your ability to plan for the future is uncertain. While the Congress has taken action to help Wall Street and...
, business , Business
2008-10-05  L.A. Land
From time to time over the last 30 years or so, "Saturday Night Live" has done some pretty good political analysis wrapped in sketch humor. This weekend was one of those times. If you have seven minutes, watch this weekend's SNL take on the bailout. It starts to get good about hal...
, Humor
2008-10-05  L.A. Land
From time to time over the last 30 years or so, "Saturday Night Live" has done some pretty good political analysis wrapped in sketch humor. This weekend was one of those times. If you have seven minutes, watch this weekend's SNL take on the bailout. It starts to get good about halfway ...
, Humor
Democrats for the most part are simply better politicians than Republicans.  Democrats seem to be first in front of a microphone, first to lob a grenade, and can without flinching be Teflon deflecting an issue to Republicans, greedy Wall Street types, Big Oil, or to Mother Theresa.  ...
The numbers tell the story. U.S. sales by the Ford Motor Company fell 34% last month. General Motors was off 16%. Even economic Hyundai reported U.S. sales off by 25%. It’s the economy. “Even if you have good credit, there’s a reluctance to pull the trigger on a big t...
, Newspapers , Broadcasting , Advertising , Culture
2008-10-05  Halley's Comment
Apple Picking Run AmokWe had a lot to do yesterday and Saturday just seemed to get out from under us. One minute it was 6AM, next thing I knew it was 6PM. But in between these two times we did manage to get out into the countryside, on a beautiful fall day, find our way to an apple f...
Someone (sorry, can't say who or how) sent me a transcript of John McCain's interview with the Denver Post editorial board from a few days ago. There are some interesting nuggets inside. Just to mention this financial rescue plan, I prefer to call it as opposed to bailout -- words mat...
2008-10-05  Anglachel's Journal
Yes, I'm a few days late with this and haven't had time to read it in full until today. I've added Hillary's news page as a live feed to the sidebar to keep up with what's coming out of her Senate office, which is an amazing amount. I'd link my own Congress critters' news feeds, too, e...
, Housing , Roubini , Economics , Clinton , Class , Hillary , Democratic , Class , Political
At first, I was amused by John McCain’s bitter-sounding “life isn’t fair” remark. Asked why Obama has been rising as the Wall Street crisis has dominated attention, McCain said with a chuckle on Fox News Channel: “Because life isn’t fair.” But on second though...
, Law , Politics , Political , Political , George , Republicans , Supreme , GOP , Election , John , Campaign , Barack
Gas Marketer Catalyst Natural Gas, and related companies, filed Chapter 11 petitions in the Northern District of Georgia on October 1, 2008. In re Catalyst Natural Gas, LLC, Ch. 11 Case No. 08-79390, In re Catalyst Energy Group, Inc., Ch. 11 Case No. 08-79392, and In re Catalyst Supp...
, Northern
This has been a fall semester of generally shared anxiety. My ordinarily good natured colleagues have been a bit snappish and our incidental chatter is dominated by the markets, finance and politics. I will admit to following the news all too closely and fixating on the latest poll or ...
2008-10-04  Anil Dash
I think one of the biggest reasons many great writers go into journalism is for the chance to sneak little wisecracks in, with the hope their editors will indulge. I took the opportunity to read a printed copy of the New York Times the other day, and spotted a gem in this local story o...
, nyc , bloomberg , newyorktimes
2008-10-04  Economist's View
An article in the NY Times, "Pressured to Take on Risk, Fannie Hit a Tipping Point," is causing many people to wonder if Fannie and Freddie caused the financial crisis. First, let me clarify the question. We are asking what caused the housing bubble, and, by definition, the cause ...
, Economics , Financial , Housing , Market
2008-10-04  Gearlog
Early on Friday an odd thing happened: a person with an alias of "johntw" uploaded his first story to ireport.com, a community site whose "citizen journalists" upload "news" that gets featured on CNN.com. The story? Apple chief executive Steve Jobs had had a heart attack. Of course, ...
, 126 , 2112
2008-10-04  
The troubles on Wall Street have created a renewed and heightened interest in business governance, risk and compliance (GRC) issues.  The Open Compliance and Ethics Group is a leader in this area and a great resource for those interested in strengthening their own corporate culture...
, Business , Compliance , Corporate , Decision , Knowledge , Leadership , GRC , risk , risk
He tells department heads to prepare for job and service cuts as the city confronts turmoil on Wall Street and the state government's dire financial situation. Los Angeles Mayor Antonio Villaraigosa ...
Here are the five Members of Congress who, on Friday, voted in favor of the financial bailout bill and then minutes later voted against H.R.6867, a bill to extend unemployment insurance benefits for people struggling in the nation’s slumping economy: Rep. James Barrett [R, SC-...
Listening to Rush Limbaugh's show yesterday I almost gagged, feeling betrayed. Rush had nothing to do with it, Obama and his crew had nothing to do with it either, even that pork laden Wall Street bailout bill was not the culprit. John McCain was the culprit. The GOP presidential ca...
The much-heralded Wall Street bailout bill was approved by the House and signed into law by President Bush today as House Resolution 1424. Included within the bill is a one-year extension of the production tax credit for wind energy projects and a six-year extension of the investement...
, Legislation
2008-10-03  Indy Theatre Habit
I have heard from several sources that the Phoenix Theatre has decided to extend its run of David Mamet’s “November.”  My friend Chris and I saw this show opening weekend and loved it.   Apparently, we were not the only ones. According to the press release that Ph...
, News , David , Indianapolis , November , Phoenix , theater , theatre
2008-10-03  Frankly Speaking
Last night's vice-presidential debate featured no knock downs or train wrecks. And much like the first debate between John McCain and Barack Obama, the opponents in this one didn't seem to have won or lost.As might be expected, Sarah Palin appeared to be more than a little nervous, esp...
, Presidential
2008-10-03  Dennis Byron
The rumor about Cisco acquiring EMC — which means acquiring VMware — has been floating around Wall Street for a few months. So like everything else on Wall Street at the beginning of October 2008, it’s now time for “Main Street IT departments” to think about such a deal’s...
, Red , Oracle , Sourcing , Sun , Tech , Open , Microsoft , IBM , HP , Insourcing , Market , Mega-deals , Uncategorized
In a conference call, experts debate what the financial crisis means for the functionality of the U.S. investment banking model.
Friday, Oct. 3 Hometown heroes Kylesa Live The Jinx 127 W. Congress St. This fall has been good for metal in Savannah, capping off this Friday with local band Kylesa playing with A Girl A Gun A Ghost at the Jinx. 10 p.m. Saturday, Oct. 4 Road trip! Small Press Expo Marriott Bethesda ...
, A&E , Detours
2008-10-03  tobacco brunette
Let me first say that today, baby Owen is officially full-term. I am so grateful to have arrived at this point, beyond excited to meet my son, and already madly, madly in love with the boy.I love you Owen. I do. I can't wait to get my hands on you and I fantasize all the time about kis...
2008-10-03  George F. Colony
Quickly: automation is outstripping human common sense. Content: Two cases are relevant. 1) Googles's dissemination of old United Airlines news resulting in a precipitous UAL stock slide, and 2) exotic, computer-generated financial instruments leading Wall Street into fatal waters. ...
2008-10-03  Curing Healthcare
This post is a follow-up to last week's post about America's need to look in the mirror and change our path from a political-economic model reflecting the negative side of human nature to one guided by human nature's positive side. I focus this time on the comments of Kevin Phillips, a...
In Politics Exxon Mobil sponsoring CNN's broadcast of the VP debate last night, especially given that both candidates embraced the populist approach of bashing "big oil". (1) Sarah Palin's performance in the debate being considered a success because she was able to (mostly) complete c...
Palin, in interview with Katie Couric: "I'm not going to solely blame all of man's activities on changes in climate."So she's not going to blame everything that people throughout history have done on climate changes- although granted, weather has affected crucial events in history. Do ...
Monday, Georgia Congressman John Lewis voted no on the Emergency Economic Stabilization Act of 2008. Today, he voted yes on the bill.Below are the remarks Lewis made on the floor of the House before his vote:"Madame Speaker, I have decided that the cost of doing nothing is greater tha...
, 5th
Seven months ago, Barclays Capital president Jerry del Missier moved from London to New York, with a vague plan to add muscle to the British bank's deal-making ability on Wall Street.
, news , world , international , europe
2008-10-03  Blendor
Booyah. Americans have lost faith not only in the administration, but in its economic philosophy: a new corporate welfarism masquerading behind free-market ideology; another version of trickle-down economics, where the hundreds of billions to Wall Street that caused the problem were su...
, Politics , economics , bailout , economy , stiglitz
2008-10-03  The Platform
I’m in New York right now. Obviously an interesting time here. I here meeting with reporters, and this afternoon I am speaking on a panel at PR News’ Digital PR Summit. The reporters I’ve spoken to this week have sources and friends on Wall Street and it isn’...
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2008-10-03  Dorm Room Biz
Note: this isn’t a paid review or anything like that, I just think it is a pretty cool site Just a quick post today, to let you know about a site I am starting to use more and more. The stock market isn’t exactly looking good at the moment. Investing in stocks is a hard and...
, Money
What a wrapup this morning at the Fortune Most Powerful Women Summit. I interviewed Melinda Gates -- with Warren Buffett watching from the front row. Buffett was flanked by his daughter, Susie, and his daughter-in-law, Jennifer, both of whom are powerful philanthropists in their o...
Paul Gillin looked this week at what a number of Big Brand corporate blogs are saying about the current economic crisis: nothing. His headline is spot on: Corporate Blogs Blather While Markets Tumble. On his list of say-nothings: Kodak's entry about the two-year anniversary of its 100...
, CEO
In a regular feature of Post Investigations, our editors have combed through the in-depth and investigative reports from news outlets across the nation and selected the notable projects of the week. Get the complete list (in no particular order) after the jump.
, Top
We have two competing world views and political philosophies from which to choose in this presidential election.  My preference would be that both sides concentrate on defending their governing premise with facts and statistics rather than using sound bites and partisanship to dupe th...
2008-10-03  A Very British Dude
To get the latest $700bn Wall Street bail out bill passed there have been Pork Barrel politics involved like nothing before. As the Times reports Tax breaks for a manufacturer that makes wooden arrows for kids, tax breaks for fishermen affected by the 1989 (yes 19 years ago) Exxon Vald...
, Economics
2008-10-03  Health Populi
“When normal Americans know who the Secretary of the Treasury is, that’s notgood.”-- Will Durst comedian Do Americans know who the Secretary of Health and Human Services is yet?*It's been an intense week of on-again, off-again Congressional votes to rescue financial markets. Two ...
What a week! America teeters on the precipice of financial collapse. How does one digest that! 401K's, IRA's, bank accounts, stock portfolios, home prices, all are susceptible to sudden and large declines or losses as the grease of commerce (credit) in the consumer society dries up, an...
, repentance , finance , Politics , sin
2008-10-03  The Pump Handle
The recent economic downturn has left more people worried about losing their jobs, and for the 54% of our population relying on employer-sponsored insurance (ESI), losing a job also means losing health insurance. Some of those who lose ESI will be able to pay their full premiums, inclu...
, Healthcare
2008-10-03  Sparkplug CEO
Last weekend, I watched the news on this nebulous ‘bailout package’ nearly 24/7. It seemed so big, so important, yet I just didn’t get it. HOW could pumping this amount of money into Wall Street have ANYTHING to do with me, or you, our Sparkplugging readers. I started...
, Conversation , Featured , Relevant
2008-10-03  MerchantCircle
As we prepare Tuesday's official release of our Presidential Election Survey results, we're coming across a lot of discrepancies between the Government's message and what Main Street America believes. We also have an overwhelming response as to who Small Business Owners plan on voting ...
, Main , MerchantCircle.com , Wall , Merchant , Presidential , Small , 700 , MerchantCircle , $700
2008-10-03  DarrenBarefoot.com
I’m no economist. In fact, I don’t deserve to live in the same town as the guy who hands out the ‘economist’ name tags. With that in mind, I have two ill-informed reactions to today’s signing of the US $700 million billion (whoops, wishing thinking) bailou...
, Canada , Politics , bailout , biden , bill , bush , congress , mccain , obama , palin , whitehouse
2008-10-03  BNET Articles
Capping pay is one way to send a message to Wall Street fat cats, but requiring execs to pay back their bonuses takes the punishment one step further.
The Friday signing of the Emergency Economic Stabilization Act of 2008 wasn’t enough to breathe new life into Wall Street. (ACLI) (AFAM) (BFB) (CHDN) (CMI) (F) (GE) (HUM) (IDSA) (KND) (PZZA) (RSCR) (SYBT) (SYPR) (TXRH) (UPS) (YUM)
, CHDN , GE , KND , BFB , RSCR , CMI , IDSA , UPS , TXRH , YUM , PZZA , SYPR , SYBT , F , HUM , ACLI , AFAM
Guest Contributor: Albert LukAlbert's Posts - Albert's Site You ever feel you are being pushed into a sale? The constant phone calls. The strong-arm tactics. The general bullying. What is your immediate reaction? To do the opposite as the desired result. You want to NOT buy no matter h...
, Albert
2008-10-02  Business Heart
One thing I’m absolutely sure of: there is always more fear available if you want it. I don’t want to belittle what’s happening on Wall Street here in the US, with widening global implications, and it’s just plain stupid to put on a happy face and believe that n...
, Spirituality , making , wing-stretching , bail-out , business , economy , Fear , heart , opportunity , risk , small
The giant sucking sound you hear is the air being let out of Deval Patrick's ambitious plans to remake Massachusetts.But Patrick, legislative leaders and Treasure Tim Cahill are to be commended for getting serious three months into the fiscal year -- and three months before the Legisla...
, Mass , income , Massachusetts , economy , Deval
Monica caught this story in The Hill today about the public backlash against the proposed $700 billion federal bailout of the banking industry. We've got excerpts below, but the story can pretty much be summed up in three words: people are angry. As Kelly Williams and Laura MacCleery...
2008-10-02  Puddle of Nothing
Well, the Wall Street bailout is dead for now, a massive wreck with mangled, charred bodies dangling from the shattered car windows. Or maybe not. I've been trying to wrap my brain around the disaster for the past few weeks, reading about collateralized debt obligations, stanches (ra...
, politics
Sen. Bernie Sanders (VT-I) stood on the Senate floor today and lambasted Wall Street millionaires - including Secretary Paulson and the $36 million he earned in 2005 - while pushing for his amendment to the Financial Markets bailout bill that would generate $300 billion in bail out fin...
, America
Consumers have had to tighten their wallets and purses because of the slowing economy and rising food and fuel prices. Breaks for average Americans would be welcome news for retailers, which have sputtered amid the downturn. In the event of a retail surge, this teen-focused Pittsburgh...
, Intro
2008-10-02  THE DOCTOR BLOGGER
Partnership to Fight Chronic Disease ( www.fightchronicdisease.org sponsore d a conference call Tuesday and below is the response fromThe LA Times.Healthcare System: the next financial meltdown? http://latimesblogs.latimes.co m/booster_shots/2008/09/health-care-sys. html When Tomm...
, B1.
The news from Wall Street has been anything but upbeat! Merrill Lynch & Company is sold to Bank of America, AIG faced a liquidity crisis following the downgrade of its credit rating. The Federal Reserve loaned money to AIG to prevent the company's collapse. Lehman Brothers, a global ...
, stock , noncompete , non-compete
2008-10-02  Arcane Matters
• Nicole made a joke other night about losing her job. NOT funny. Her company is going through its four? Fifth? round of layoffs, two thousand this time. While we are fairly certain she will be safe once again, one can’t help but to panic in these times, when we are facing the wors...
In the past few weeks, the nation has been in the grip of a financial crisis that has shaken once mighty Wall Street institutions to the core, while Americans on Main Street nervously bite their nails. “People are waking up from a gigantic hangover, trying to figure out what’s ne...
, Customer , Employee , General
2008-10-02  Judith Warner
There's not much pleasure right now in seeing Wall Street fat cats take a hit, because this time it feels like we're all going down.
, Uncategorized , Economy , Wall
Will the Wall Street bailout be the beginning of the New (Green) Deal?
2008-10-02  Notes to my family
I have been silent because I am collecting my thoughts. I still have not finished doing so. Still, because of demand, a few of them here:The best analysis of the crisis is at Greg Mankiw's blog. Contrary to my earlier speculation, he has ultimately come out in favor of the rescue pa...
Christian lawyer Stephen Bloom’s October “Good News on the Law” column from Good News Daily:    There’s a meltdown in our credit markets. Headlines scream with news about banks, insurance companies and investment firms crumbling under financial pressure. We worry about ro...
, Uncategorized
2008-10-02  Media 2.0 Workgroup
When my kids were young and one of those things happened that no one could exactly remember doing… a bike was left in the driveway, a baseball went through a window, there was a large grape juice colored spot on the carpet…their nanny would smile and say, “the bluebi...
, john , stephen , junk , media , peggy , fannie , sarah , howard , john , bailout , freddie , rex , campaign , politics , enron , network
Jason Shafrin at Healthcare Economist offers 700 million reasons to read Health Wonk Review this week. From Wall Street to the election, health care policy issues grow more and more interesting - and imperative. Health Wonk Review offers analysis from some of the industry's smartest th...
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2008-10-02  Perceptric Forum
Over the last week the world has watched in awe as the big swinging dicks on Wall Street have been humbled. I predicted that there would be a crash several years ago, but had no idea that when it happened it would happen so fast. And it has really only just begun. But now is the time f...
, Main , Change , Perceptric
The most important word in the phrase 'free markets' is not the word 'markets'President George W. Bush from Texas seems content to simply throw money at the financial crisis. Thankfully, other Texans are illuminating a different path.Texas Public Policy Foundation board member Jeff S...
, Bailout
Like many of you, I’ve spent the past couple weeks scanning news sites and listening to the television and radio, bracing myself for the next business collapse. Like many of you, my stomach churns when I think of the hit we took on Monday when the Dow dropped a staggering amount. Whe...
2008-10-01  Fractals of Change
The world shouldn't pay ransom to Somali pirates; clearly the ransoms paid lead to more piracy. The US shouldn't pay ransom to Wall Street; ransoms paid will reward past reckless behavior and incent reckless behavior in the future. They won't "save the ecomomy". I'm sure you're getting...
, Current
2008-10-01  Casa de Castro
I'm a big fan of Dave Ramsey. "Debt is dumb, cash is king, and the paid-off home mortgage has replaced the BMW as the status symbol of choice." His financial principles have root in Scripture, and they work. "The borrower is slave to the lender." Proverbs 22:7 "Owe nothing to anyone ex...
, Faith
If approved, the proposed $700 billion bailout will be the largest one in history. Proponents are hoping the bailout heals the economy and prevents Wall Street from falling apart. What...
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2008-10-01  transformagination
Much fuss has been made about the nature of the current economic crisis and the potential beneficiaries of a very likely federally-sponsored buyout (I don’t call it a bailout) of unmarketable assets.  Whether folks are pitting Wall Street against Main Street or lamenting the pri...
, Leadership , diagram , economic , liquidity
One of the main tenets of 80s Thatcherism and its big brother Reaganomics was that it is 'the market that decides'. Free market capitalism has been the predominant thread in political and economic life ever since. Even thereotically left wing governments like Clinton's in the USA and...
2008-10-01  Opportunity Knocks
I don’t know many people who woke up and said to themselves: “I think I want a career in litigation support or E-discovery.” But I do think we are lucky to be in this industry. For all the challenges, long hours, impossible deadlines and difficult egos that profe...
, Articles , ediscovery , job , jobs , lit
2008-10-01  The Rant
We went from amateur guy talk about flatulence to high-brow discussions about Wall Street and the rebirth of a city’s image in today’s episode of The Rant. Our guests today were Dana Atkins of DWA Photography in downtown Sanford (visit her wonderful Web site here), and Kat...
, Show , 2nd , Lee , The
My colleagues and I opening the TSX on September 30th, 2008. Yesterday, at 9:30am EST, my PEER 1 colleagues and I were given the opportunity to open the market for the Toronto Stock Exchange (TSX) (on which we are listed under the symbol PIX). What a cool experience and one that I w...
, Branding , Business , Co-location , Communications , Hosting , Internet , It , Managed , PEER , Technology , data , bell , PIX , Plasma , stock , toronto , touch , tsx , wall
Watching the credit crisis destroy Wall Street this week, it was hard not to think of the mortgage episode of “This American Life,” which aired many months ago. Clarence Nathan: I wouldn’t have loaned me the money. And nobody that I know would have loaned me the money...
, Credit , Mortgage
2008-10-01  Death Care Law Blog
While the Wall Street bail out plan has many flaws, one of its proposals has wide-based support: the concept ofincreasing the limit on insured deposits to $250,000. According to the New York Times,the driving force behind this proposal wasn'tthe mega-banks, but ratherour local ban...
, Legislation , Preneed , bailout , deposit , fdic , insurance , wall
2008-10-01  blogHillary
Today Hillary was on the Senate floor speaking about the bipartisan legislation addressing the economic crisis. Watch her speech below or read the full transcript. Full Transcript: Thank you Mr. President. Thank you very much, and I appreciate the extraordinary work that has b...
2008-09-30  Eagle Par Birdie
I came across a very interesting story on Geoff Shackelford's fine blog. He, in turn, spotted the original and fleshed it out. It's a fascinating take on how some of the big guns on the PGA Tour have plenty of time on their hands with a PGA golf season that is ending sooner ...
, Golf
As Congress continues to consider whether some version of a bailout of Wall Street is possible, there appears to be little focus in the debate on the underlying causes of the larger economic situation that the United States is in. Our current predicament is not just about mortgages or...
I was walking in Central Park yesterday as part of my rehabilitation from surgery when the news flashed across WSJ.com that the US House of Representatives had rejected the proposed $700 billion fund to provide liquidity to the struggling capital markets. Quoting the prison warden in ...
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2008-09-30  
Like you, I have been alarmed by what is happening in Washington and on Wall Street. I have spent many hours over the past few weeks trying to understand the causes of the financial crisis that the world is facing today. I've purchased 4 books on the subject, researched extensively in ...
Every time I hear about the bailout I can’t help but wondering, “Where’s my $700 billion dollar bailout? Hey, I’d even be happy with just a couple billion.” Unless you work for one of the Wall Street firms or banks that created this crisis, you know that ...
, Lead , Marketing , Marketing , Sales , Small , Success , Uncategorized , bailout , marketing
The big, bad bailout plan failed yesterday.  So far, we the people are not on the hook for $2,300 each to pay for Wall Street's boo-boo.  I, for one, say "Woo-hoo!" Listening to Anderson Cooper last night, it struck me that the only people who really want this $700 billion bailout to...
Is financial innovation one of the roots of the crisis? Can companies come out of the downturn stronger? What can executives learn from the credit crunch? Matt Vella and Bruce Nussbaum discuss the consequences of panic on Wall Street
Will the financial crisis accelerate medical bankruptcy?As we've learned over the past few weeks, America's finances have been massively mismanaged in the wake of intentional dismantling of our historic checks and balances. What we've also been forced to acknowledge is that our economy...
, health , insurance , Mike
So far the financial crisis has centered around mortgages and mortgage backed assets. As the current historical crisis unfolds and gobbles up respected Wall Street investment banks - here is a question to ponder. Will private equity companies be next? Specifically, I mean firms who hav...
, Finance
2008-09-30  Not Guilty
Yesterday the Congress voted down the proposed 700 billion dollar "bailout" of Wall Street. There are so many questions about the proposed legislation. It is important to realize that this problem did not occur overnight. So many factors have contributed to this sorry state we find our...
2008-09-29  Speaking Of...
The news from Wall Street and Congress wasn't good today. The expected passage of the economic bailout didn't take place in the US House of Representatives. Twenty three votes separated the yeas from the nays. How will politicians and business leaders respond? One response was a steep ...
2008-09-29  BoomTown
Longtime Microsoft exec Yusuf Mehdi (pictured here) is taking over a big part of Microsoft’s online services portfolio–including marketing, online audience business development and product management for MSN and the search properties. But Microsoft (MSFT) has yet to name a...
, Bill , BoomTown , Brian , Google , Internet , Kara , Kevin , Microsoft , Satya , Steve , Yahoo , Yusuf , digital , GOOG , YHOO , MSFT
2008-09-29  NYT Washington
In a moment of historic drama in the Capitol and on Wall Street, the House of Representatives voted 228-205 to reject a $700 billion rescue of the financial industry.
, Troubled , House , United , United , Law , Subprime , Bush,
2008-09-29  The TNL.net weblog
As the financial landscape is being reshaped in one of the largest crisis of confidence ever encountered by the American form of capitalism, I cannot help but wonder whether what we are witnessing is the beginning not just of an economic crash but also of a cultural crash. A few months...
, Analysis , crash , credit , culture , economy
Everyone takes some risk. Some take more risk than others. Gambling in Las Vegas has risk. Starting a business has risk. Those that take risk hope to receive the reward of their risk. Calculating and providing protection from risk is the business of insurance companies. AIG, one of the...
Google shares are at a considerable low today. They opened with a value of $420 and by 12:26pm ET, had dropped below the $400 mark to $396.29 (according to a Google search for "goog")At one point the stock had reached a new 52 week low of $395.34 - a far cry from the 52 week high of $7...
, Scott , Google
What’s the bottom line on the Wall Street bailout?  Don’t miss this MUST READ over management-issues.com.  You also might enjoy this insightful tidbit I received in my inbox today: Toyota and Ford decided to have an annual canoe race on the Missouri River. Both teams pract...
, Business , Management , Leadership , Workplace , Corporate
The nation's financial upheaval has sucked so much oxygen out of the media room that we've barely gotten coverage of a horrific bombing of the Marriott in Islamabad 10 days ago and the September 17 attack on the U.S. Embassy in Sana'a, Yemen. But out of media sight is not out of busine...