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Correction: Make that 8,700 jobs. UBS Cuts 8, 700 More Jobs By REUTERS Published: April 15, 2009 Filed at 2:12 a.m. ET http://www.nytimes.com/reuters/2009/04/15/business/business-us-ubs.html ZURICH (Reuters) - UBS <UBSN.VX> <UBS.N> will post a first-quarter loss and cut 8,700...

Infosys Forecasts Lower Earnings By REUTERS Published: April 15, 2009 Filed at 2:00 a.m. ET http://www.nytimes.com/reuters/2009/04/15/business/business-infosys.html BANGALORE, April 15 (Reuters) - Infosys Technologies Ltd (NASDAQ:INFY) issued a downbeat forecast in dollar earnings...

The loss of jobs in the financial sectors in New York, London, Switzerland, Tokyo...3rd inning at best. UBS to Cut 7,500 Jobs After First-Quarter Loss, Asset Outflows Share | Email | Print | A A A By Elena Logutenkova April 15 (Bloomberg) -- UBS AG, Switzerland’s biggest bank, said...

Wow. Amazing traders here, because '08 was a tragic year, yet y'all made it one of your best, if not the best, year ever. Congrats.

-CONTINUED FROM ABOVE- And if that stock market performance isn't scary enough to make you swear off stocks for the rest of your life, listen to what Shilling has to say about the next decade, based on our financial history from 1949 to 2009. Sixty years of bull/bear cycles will project...

http://www.marketwatch.com/news/story/story.aspx?guid=%7BD9A93369%2D730F%2D4670%2DBD61%2DCCA853F57C8B%7D&siteid=rss Best strategy for long bear market 2010-2020 Bonds beat stocks by factor of 11 from 1981 to 2009, but can it continue? By Paul B. Farrell, MarketWatch Last update: 6:37...

Vegas casinos are in terrible shape financially, saddled with immense debt, tons of leverage, and are basically dependent on the willingness of banks or their other lenders to work with them in restructuring their payment schedules. Harrah's and Station Casinos are either in BK or on the...

Now that tax day is upon us, how did everyone do?

Why?

20%. WTF. Indonesia, Singapore, Japan, Germany, Taiwan, China...all seeing exports absolutely plunge.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCiBl2JFBSSQ&refer=home Netbook segment growth hurting Intel badly. Just like everything else, condos replacing homes, apartments replacing condos, store brands replacing brand names, Kia replacing Honda, Infiniti replacing Mercedes. This...

This would have been unthinkable just a few years ago. It's really pretty incredible. http://www.nytimes.com/2009/04/15/business/economy/15pound.html?hp Harder-Edged Warnings About Britain’s Economy By LANDON THOMAS, Jr. 46 minutes ago Published: April 14, 2009 Britain’s...

+1 Same could be said for Jamie Rubin, Hank Paulson, etc. We really do need a good housecleaning if there's any hope of saving the republic, but the sheeple are sedated.

I assumed it was Blankfein, Dimon, et al., without clicking on the link. My bad. All 20 are hedge fund managers. I could care less. Let them make as much as the market will bear since they're not taking taxpayer money, but money from clients dumb enough to pay them 2/20 or 4/40. Economic...

Yeah, they don't need the TARP money. That's why they converted themselves into a commercial bank just to get the money and that's why they have to engage in a dilutive stock share sale just to raise enough cash to pay the TARP funds back to the government. If you don't need the money...

These people earned it. The shares of stock in their companies only lost from 80% to 94% of their value.

I love the use of stress tests that don't tell anyone anything, with the results predetermined. Good going, Treasury Department. I wonder when Geithner will get his plum job as CEO of Goldman or JP Morgan. 4 years? He'll be welcomed with open arms and wallets.

The economic recovery doesn't need jobs, higher wages, overtime, increased productivity, jobs with benefits such as health insurance or migration to higher skilled employment. We can continue to prosper and grow even if our currently high 8% unemployment rises to 14% or more, and regardless...

http://www.nytimes.com/2009/04/13/business/13gm.html?hpw ‘Surgical’ Bankruptcy Possible for G.M. By MICHELINE MAYNARD and MICHAEL J. de la MERCED Published: April 12, 2009 DETROIT — The Treasury Department is directing General Motors to lay the groundwork for a bankruptcy filing...

Having spent some time in France, I can honestly say that there are literally no obese or even chunky French Women; at least, I never saw any. French Women are so much more concerned with their appearance and the way they carry themselves than their American counterparts.