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GE, GE Capital Ratings Outlook Cut to Negative by S&P

Could pass up this story! I just bought 3k worth of stocks today increase a position I already had this morning and starting another, layed down for a nap woke up and was suprised to see I got shot in the foot! Lost $100 bucks thanks to the stupid ratings agencys messing with [...]

Asian Stocks Advance as Fed Cuts Interest Rates to Record Low

Asian stocks rose to a five-week high after the U.S. Federal Reserve and Hong Kong cut interest rates to a record low, spurring gains among developers and lenders on speculation the region’s central banks will follow.
Mitsubishi Estate Co. gained 10 percent in Tokyo as traders increased bets the Bank of Japan will reduce [...]

Bernard Madoff’s Ponzi Scheme Scam Is Only Growing Larger

As we are getting the new is we have listed just some of the victums of this debacal as “Tags” to our article. If you have anymore you know of please feel free to leave a comment with any that you might know of.
Bernard Madoff’s scam that allegedly cost investors $50 billion ensnared firms [...]

OceanFreight Inc Major Negative News Release – OCNF – Suspends Cash Dividend

I was of course a victum of this crazy stock so just wanted to do everyone a favor and make sure you don’t get taken for the same ride These goofs were advertising a crazy high dividend and then last Friday after market decided to kill the damn stock with their news [...]

Redstone sells interest in Midway Games

Media mogul Sumner Redstone sold his majority stake in video game publisher Midway Games Inc. on Monday as his family’s holding company looks to get out from under a $1.6 billion debt.
Redstone, the family’s holding company National Amusements Inc. and another entity called Sumco Inc. sold their approximately 87.2 percent interest in Midway to a [...]

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