Former Citi CEO calls for restoration of Glass Steagall; Break-up of Big Banks
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U.S. Braces for Difficult Earning Season
With almost 4 years of strong U.S. corporate earnings behind us, the U.S. markets are bracing for a difficult earnings season…
Facebook “unliked” as an IPO
How did Facebook’s IPO go from boom to bust so quickly? Facebook’s initial public offering failed because it lost 13% of its initial value in the company’s first 5 days of trading – the worst performing large cap IPO in a decade. So, what is the “value” of Facebook? How do you truly qualify the value of just shy of 1 billion set of eyeballs?
An Interesting Perspective on the Chase Trading Loss
This article was recently published, providing a different perspective on Chase’s $2 billion trading loss. We thought the information might be helpful as you form your own opinion about the issue.
Interesting Example of the need for Investment in Innovation in America
Here’s a story from Bloomberg.com that raises an interesting issue about the need for investment in innovation and entrepreneurship in America. Check out the story. — Jeff K
