In The News

Move Over the Republics of Europe, Your New Masters are…..

Bankers. Not your elected leaders! NY Times: ROME — A day after accepting the resignation of Prime Minister Silvio Berlusconi, Italy’s president on Sunday asked Mario Monti, a former European Commissioner, to form a government charged with helping defend Italy from Europe’s sovereign debt crisis. President Giorgio Napolitano formally tapped Mr. Monti on Sunday evening […]









Jim Cramer Recommended Netflix at $130 (After the Big Drop)

The bozo recommended Netflix at $1340 with a target of $150. Netflix announced earnings today. SAN FRANCISCO (AP) — Netflix jolted its already shell-shocked shareholders with a third-quarter financial report that portrayed a company in crisis. Netflix’s blooper reel, released Monday, included an even larger customer exodus than the company had foreseen after announcing an […]


The Telegraph: Eurozone summit – despair and backbiting in the corridors of power

In case if you were betting that Europe will be fixed over the weekend… the headline says it all. Friday’s “breakout” in stocks could be a head-fake. Via Telegraph. Just when the eurozone governments thought it could not get worse for Europe’s single currency, it did. Shell-shocked EU finance ministers meeting in Brussels on Saturday […]