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Lending problems until 2010?

According to a BusinessWeek article, 40% of lenders don’t think the loan markets will recover until 2010. In the article "the Vaults are Still Closed" even a bank that is in an area that was spared from most of the mortgage meltdown mess is …

Unfortunately, I was right from this morning

Well, while the American markets didn’t see the despair the Philippines market did today, the Dow finished down another 2.4% and the NASDAQ down 3%. The drop in the Dow brought it down to its lowest levels in 5 and a half years…
At this …

Good morning markets!

It looks like it may be another bad day on Wall Street…if Asian markets are any indicator of how our markets will perform anyway.
In the Philippines,the market fell 12 percent after government officials failed to ease the global recession fears. The Tokyo market had …

John the presidential candidate gets a little big headed

Today on Meet the Press John McCain got a bit cocky going into the last week before the election. He "guaranteed" that he will win the election.
Hmm, a guarantee? That sounds a little big headed to me. I don’t think anything is …

Microsoft blacks out illegal software.

When you download Windows illegally (or any other software for that matter) you MUST assume the risk associated with the illegal download. In the video below, you’ll see where in China, Microsoft has begun to black out screens every hour on computers that have …