Alex Berenson Quotes
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At first glance, Martha Stewart, queen of artfully distressed home furnishings, might not seem to have much in common with Michael R. Milken, one-time king of junk bonds.
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For years, critics of Fannie Mae have warned that it does not give them enough information to judge its risks.
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Don't expect Barton Biggs to be offering his market insights on 'Bloomberg News' anytime soon. His plumber, maybe.
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The notion that employees and companies have a social contract with each other that goes beyond a paycheck has largely vanished in United States business.
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The Wahhabists are the boogeymen, the guys who will chop the head off any American they catch. And they will destroy Iraq without a second thought if they believe that the instability will benefit them.
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It has been said that the Fed's job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens.
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To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth.
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Bigger spreads mean bigger gaps between what buyers pay and sellers receive. For example, a spread of 10 cents a share means that the buyer pays $100 more for 1,000 shares than the seller receives.
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Even technology companies get good news sometimes.
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Most companies can survive even if their debt ratings are lowered below investment grade, although they will have higher borrowing costs.
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After a generation of misrule under Mr. Hussein, who built a huge military infrastructure while neglecting civilian investment, and a dozen years of United Nations sanctions, Iraq's unemployment rate tops 50 percent.
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Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.
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The stock prices of networking equipment companies like Cisco Systems and Nortel Networks sometimes seem as if they are priced for perpetual success.
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Iraq is short on capital, short on electricity, and short on management expertise, but it does not lack economic enthusiasm.
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Generally, a rally will have staying power, technicians say, if, in addition to price movements, it has heavy trading volume and breadth, meaning that several stocks rise for each stock that falls.
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Fannie Mae is owned by shareholders but operates under a federal charter that exempts it from paying state or local taxes. As a result, many professional investors think the government would repay the debt that Fannie Mae had issued if the company could not, although Fannie Mae explicitly says that its bonds do not carry a federal guarantee.
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Trust-me companies are companies whose financial results gallop ahead of their businesses, companies with seemingly perfect control over their quarterly sales and profits. Companies whose financial statements are loaded with footnotes: companies that short-sellers often attack but rarely dent.
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Trust the Canadians to produce a game about mutual funds that is actually more boring than the real thing.
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The fact that we haven't faced another major terrorist attack on American soil since Sept. 11 is a very significant achievement, and one that's easy to forget - it's the dog that doesn't bark.
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At the end of 2000, most investors were optimistic that a return to quick gains could not be far off.
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Lower interest rates are usually considered good for stocks because they lower the cost of borrowing and make bonds a less attractive alternative investment.
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Stocks in the United States plunged in 2002 amid fears of war and terrorism, a weak economy, rising oil prices and dozens of corporate scandals. It was the third consecutive annual decline, the first time that has happened in 60 years.
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Macroeconomics is the analysis of the economy as a whole, an examination of overall supply and demand. At the broadest level, macroeconomists want to understand why some countries grow faster than others and which government policies can help growth.
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Studies show that Avastin can prolong the lives of patients with late-stage breast and lung cancer by several months when the drug is combined with existing therapies.