Archive for November, 2010

Wall Street Compensation Seen Dropping Broadly This Year

Tuesday, November 30th, 2010

Wall Street pay for 2010 is likely to be down nearly across the board, according to traders, executives, and compensation consultants, as the industry rounds out a choppy year in the markets and dealmaking.

Continued here:
Wall Street Compensation Seen Dropping Broadly This Year

North Korea Says It Has ‘Thousands of Centrifuges’

Monday, November 29th, 2010

Secretive North Korea detailed for the first time its expanded nuclear program on Tuesday, saying it had thousands of centrifuges as pressure built on China to rein in its ally amid heightened tensions on the peninsula.

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North Korea Says It Has ‘Thousands of Centrifuges’

‘12 Days of Christmas’ Now 10.8% More Expensive

Monday, November 29th, 2010

In the unlikely event that your Christmas list this year includes every item mentioned in “The Twelve Days of Christmas,” be prepared to pay nearly $100,000.

Excerpt from:
‘12 Days of Christmas’ Now 10.8% More Expensive

Ireland Says Bailout Talks Complete, EU to OK Deal

Sunday, November 28th, 2010

Irish Prime Minister Brian Cowen said his government has completed 10 days of negotiations on an EU-IMF bailout of his debt-crippled country and expects European financial chiefs to ratify the deal Sunday in Brussels.

Originally posted here:
Ireland Says Bailout Talks Complete, EU to OK Deal

Deal on Ireland’s €85 Billion Bailout Could Come Sunday

Saturday, November 27th, 2010

An Irish government minister said he expects an agreement on an EU-IMF bailout loan for Ireland worth approximately €85 billion ($115 billion), but he rejected reports that the aid would carry a punitively high interest rate.

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Deal on Ireland’s €85 Billion Bailout Could Come Sunday

Rich Americans Ditch Home Ownership, Start Renting

Friday, November 26th, 2010

“Within the last year, so many people have seen their family and friends get burned in real estate.

Excerpt from:
Rich Americans Ditch Home Ownership, Start Renting

IMF/EU Mull Hit for Irish Bank Bondholders: Report

Friday, November 26th, 2010

Ireland’s government is likely to see its majority cut to two when the results of an election for a vacant parliamentary seat are released on Friday.

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IMF/EU Mull Hit for Irish Bank Bondholders: Report

Dennis Gartman Names His Top Three Trades for 2011

Wednesday, November 24th, 2010

In the volatile currency and commodity markets, investors may be pondering their next move.

Continued here:
Dennis Gartman Names His Top Three Trades for 2011

Dollar Strengthens as Markets Watch Korea, Ireland & Data

Tuesday, November 23rd, 2010

What would have been a quiet holiday week for markets has been hijacked by global events, as tensions between the Koreas ignited global fear trade, while Europe’s contagion also spooked. Here’s what to expect Wednesday.

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Dollar Strengthens as Markets Watch Korea, Ireland & Data

North Korea Fires Artillery at South Korean Island

Tuesday, November 23rd, 2010

North Korea on Tuesday fired dozens of artillery shells at a South Korean island, setting  buildings on fire and prompting a return of fire by the South, Seoul’s military and media reports said.

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North Korea Fires Artillery at South Korean Island