Word: settledness
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By the Dow wound up notching 120 points. But don?t get used to it. Wall Street has lately begun to crow about this being "the bottom," and they may have a point. After racking up its worst July in a long, long while, NASDAQ still hasn?t budged since...
It?s understandable that Philip Morris turned Marlboro red when the Czech report came out - with things going rather smoothly in Washington (the $7 million in contributions to the GOP are by far its best-performing investment), it didn?t want to push its luck. Just like it was understandable...
But try telling that to folks who lost the ranch listening to glowing stock opinions of star analysts like Henry Blodget at Merrill Lynch. The wounded want blood. Just last week Merrill revealed that it had settled a case with an investor who lost $800,000 in part, the investor...
They settled on offering free room and board—worth roughly $5000—for one year if they deferred.
Across the Atlantic, the FBI waited. In Philadelphia a low-level bureaucrat named Richard DiBenedetto dangled, weightless with anticipation. For 16 years, across five countries, the Philadelphia district attorney's fugitive-and-extradition chief had hunted the man called Mallon with an obsession that would have impressed Captain Ahab. His...