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health care is the one thing u can't get even if u pay for it.

buying on cash is a great investment because you significantly reduce your risk of ruin. no matter what happens, you have a place to live. sure, you need to pay taxes and insurance, but that adds up to a lot less than rent. you can survive on $10 an hour if you don't have to pay rent...

the stock market doesn't care about unemployment. the stock market cares about company profits. laying off people boosts company profits, assuming sales decrease at a slower rate.

first leg was a 51% decline from the peak of 388.7.

nice chart.

don't shit in your oown backyard :)

i'm not sure if i understand the point of the poll. the size of the trading account will always be less than the tlnw. so 2% of trading account is always less than 2% of tlnw. correct?

the politicians don't need a real recovery. they just need to create the appearance of a recovery.

hey b1s2, is your long term view still short?

which 7? :)

remember GS and all banks can mark to model everything now.

CIT going bankrupt would affect these businesses only if they need to take out new loans. if their businesses were profitable, then CIT going bankrupt would not affect them at all. the real problem is that these businesses are not profitable. they need new loans to pay the interest on the old...

last week there was a very senior government official who was long and he needed the market to go up. this week there's an even more senior government official who was short and he needed the market to go down. :)

This is a sources sought notice and not a request for quotations. The purpose of this announcement is to seek qualified contractors with the capability to provide presentations for The Department of Treasury, Bureau of the Public Debt (BPD), Management Meeting with experience in meeting the...

mobius is a big name, but the problem is he has been wrong many time before just like other gurus. the performance of his mutual funds are not outstanding at all.

the fund returned an average of 1.46% per year? what the hell? why not just buy CDs?

you are not thinking from their point of view. it's not about a fair contract. as far as they're concerned, its about hiring someone to do the work cheaply. the intent is not to have the programmer become a partner or to grow with the firm. the intent is to have him stay in the back office...

the answer to this question has nothing to do with contribution or difficulty of the work relative to other who do get paid more. the answer lies in the structure of firms. programmers are "viewed" as interchangeable and expendable back office people. the people doing the viewing are the...

can someone post the source of the california deal?

how do you know?