"Fidelity fund lets you bet on stocks' fall"
"Now you, too, can play high-flying financier.
Fidelity Investments yesterday launched its first "long-short" mutual fund, which allows retail investors to use a strategy based on short-selling stocks, or bets that stocks will decline in value.
The strategy previously was available only to institutional clients of the Boston mutual fund giant. Fidelity is joining other money managers rushing to introduce products for investors who are intrigued by the chance to gain higher returns - and who are willing to make bigger bets to get them."
Bad enough they ripped you off on the mortgages; now they want all your money, shit-chewing 'murkns!!
"Consumer borrowing rises $5.2b in February"
"US banks and other financing companies reduced lending after the collapse of the subprime mortgage market. At the same time, consumers are scaling back spending, and those who've exhausted home-equity loans have few alternatives other than credit cards."
So WHERE did the $200 BILLION GO?
And NOW the banks are going to RAPE YOU on the credit card interest!
Oh, to be a gangster, I mean a banker!!!!
"AOL move to N.Y. seen as last chance to convince investors"
"AOL's move to New York this month may signal the last chance for Time Warner Inc.'s Internet division to convince investors it has a future in advertising.
"It's important that they drive improvement in this business fast," said Jordan Posner of Matrix Asset Advisors in New York, which owns about 3 million Time Warner shares among $1.6 billion in assets. "Otherwise they'll wind up with a wasting asset."
The latest shift away from dial-up Internet subscriptions follows a series of failures since AOL bought Time Warner Inc. in 2001, and almost $1 billion in online ad acquisitions in the past 18 months. AOL websites lag behind Yahoo Inc., Google Inc., and Microsoft Corp. in US visitors, and blogs buzz regularly with rumors of job cuts."
I won't be crying if AOL goes down the drain and Time Warner takes a loss!
I've got my own troubles!
"Inflation in Asia Begins to Sting U.S. Consumers"
"The free ride for American consumers is ending....
When was that because I must have missed that train?
I get a rain check, or?
American consumers in a double bind, paying at least some of producers’ higher costs for making their goods, and higher prices on top of that because the dollar buys less in those countries."
Translation: BEND and SPREAD 'EM, 'murkns!!!
"Bank Is in Line for a $5 Billion Infusion"
Where's MY BAILOUT?
And WHERE'S YOURS, America?
