Clik here to view.
Overstock.com’s CEO Patrick Byrne ‘Perhaps’ is an Ogre
We know Overstock.com sometimes has crappy customer service, as we amusingly revealed. But did you know that their CEO maybe engages in a systematic campaign of intimidation targeting dissenting...
View ArticleClik here to view.
20th Anniversary Of "Black Monday" Crash Of '87
Today marks the 20th anniversary of the “Black Monday” crash of ’87, in which the stock market lost 22.6% in one day, the second largest one day percentage drop in history and one we’re not likely to...
View ArticleClik here to view.
S&P 500 Enters Bear Market
Since the Dow made it look so fun, the S&P today dipped into its first official bear market since 2002. A bear market is usually defined as a 20% drop in securities prices from their high (Not a...
View ArticleClik here to view.
Freak Out Continues: Markets Close At Lowest Level Since 1997
Bad day on Wall Street today, folks. The S&P 500 closed at the lowest level since April 1997. The NYT explains: Analysts said that after fevered speculation last week about bank nationalization,...
View ArticleClik here to view.
Recession Boon Time For Online-Dating Sites
eHarmony says they’ve noticed their site traffic increases on days when the Dow drops by more than 100 points. I guess add them to auto parts stores as another counter-cyclical investment. [Economist]...
View ArticleClik here to view.
Dow Jumps 400 On Euro Stimulus Loan News
Got whiplash? US and global indexes jumped on Monday, responding to news of a $1trillion European loan package to staunch their debt crisis. The rally reinstated the gains erased by a panicked sell-off...
View ArticleClik here to view.
Markets Hit 2011 With A Jump
Markets held onto a rally Monday, spurred by news of continuing manufacturing sector growth. The Dow gained .98% in mid-morning trading, the S&P 1.24% and the Nasdaq 1.7%. But don’t start firing up...
View ArticleClik here to view.
Wall Street Journal’s Story On Wall Street Journal Hack May Be The Strangest...
As unpleasant as it is to read about another hack attack on a big-name company, there is something strangely amusing about the way in which the Wall Street Journal is reporting on a data breach of its...
View ArticleClik here to view.
Dow Jones Hit In Data Breach, Credit Card Info For 3,500 Customers Possibly...
What’s a week without a major company being hit with a data breach? The latest victim of cybercrime is Dow Jones & Co., which revealed today that it was attacked by hackers seeking customer contact...
View Article