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FINALLY: US Treasury Announces Sale Of Remaining AIG Stake
Bloomberg reports that the U.S. Treasury will sell its remaining stake in AIG, the insurer that was partly nationalized during the depths of the financial crisis.The Treasury will sell 234.2 million...
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Xi Jingping's Weekend Getaway May Have Been China's Trip Of The Decade
Xi Jinping, head of China's Communist Party and set to become president in March, took just made a jaunt down to Shenzhen, a medium-sized city just outside Hong Kong in the southern part of China.It...
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Tory Burch's Ex Is The Only Obstacle Between Her And An IPO
Tory Burch recently denied that her company would have an initial public offering in the near future.But investors told Women's Wear Daily that suitors are lining up to take her company public, and...
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Elizabeth Warren Is Doing Everything She Can To Avoid Endorsing A Fiscal...
Despite her growing national profile, Massachusetts Senator-elect Elizabeth Warren is so far staying quiet on the fiscal cliff negotiations. In an interview with the Boston GlobeSunday, her first since...
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Why Everyone Is Talking About The Death Of The Dollar Again
As the obsession with cutting the deficit reaches new levels, some Washington lawmakers are looking at an old idea that never took off: Replacing the dollar bill with the dollar coin.On November 29,...
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WALL STREET: Here's Where The Stock Market Is Heading In 2013
It's that time of year again when Wall Street's top equity strategists publish their 2013 targets for the S&P 500.The Reformed Broker Josh Brown likes to call it "silly season" as the success of...
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Goldman's Entire Economic And Market Outlook In 2 Tiny Tables
Here's what Goldman Sachs expects for everything:SEE ALSO: GOLDMAN: These 10 Big Stories Will Dominate Markets In 2013 >Please follow Money Game on Twitter and Facebook.Join the conversation about...
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This Interactive Tool Will Show You What The Unemployment Rate Will Look Like...
Assuming the BLS projections for the labor force until 2020 are correct, what will the unemployment rate look like for the rest of the decade?Background for this question comes from two prior...
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Why Goldman's Top Economist Is Worried About What Happens If We Go Into...
Earlier today we published our interview with Goldman top economist Jan Hatzius.In its, he he emphasized that beating the Fiscal Cliff deadline is significant, and that there's really not much...
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The Market Isn't Impressed With The New Stories About The Fiscal Cliff
There are some headlines out tonight about fiscal cliff progress. Here's WSJ.The market is not impressed.Futures are ticking lower tonight (and markets are lower in Asia).Please follow Money Game on...
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Europe Is Heading Higher
After yesterday's Italy-inspired morning freakout, things calmed down fairly quickly. And indeed that's the story today: More calmness.Europe is generally higher.Italy is up 0.3%.Spain is up...
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New York's Attorney General Is Going After The City's Iconic Tour Buses
New York State Attorney General Eric T. Schneiderman is fighting back against "hop on, hop off" tour bus companies he says formed an illegal joint venture.The lawsuit, brought jointly with the U.S....
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And Now... Another Bubble
We reached out to Societe Generale's top FX strategist, Kit Juckes, to ask for his thoughts on a few of the charts that have defined the past year.Juckes sent us back an entire slide deck that captures...
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Jefferies Just Made An Aggressive Move To Steal Wall Street's Hottest Talent
This just over the Bloomberg: Jefferies, the boutique investment bank, is promising immediate all-cash bonuses for 2012.This is totally different from what everyone else on the Street is doing. In the...
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John Boehner And Republicans Have Sent Obama Another Fiscal Cliff Counteroffer
House Republicans have sent the White House another counteroffer to avert the so-called "fiscal cliff," Speaker John Boehner's office confirmed Tuesday.Boehner's office did not provide any details or...
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Jeff Gundlach Hosted An Awesome Webcast — Here's What He Said About The...
DoubleLine Funds' Jeffrey Gundlach just wrapped up another one of his extremely popular webcasts. The title of his presentation: "To Catch A Thief."Gundlach continues to be concerned with budget...
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Warren Buffett And George Soros Are Pushing For Another Tax Increase, But No...
As the fiscal debate focuses on whether to raise the federal income tax rates for the top 2 percent of Americans, other possible tax increases have taken a backseat in the debate. But a group of...
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This Video Of Barney Frank In Bed With Arianna Huffington And Al Franken Is...
When Massachusetts Democrat Barney Frank retires from Congress this month, the House of Representatives loses its first openly gay member and one of Washington's fiercest defenders of same-sex...
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TO CATCH A THIEF: Jeff Gundlach's Epic First Presentation On The Economy...
Bond god Jeff Gundlach just hosted a call to update clients of DoubleLine Funds. And his presentation was appropriately titled "To Catch A Thief."In September, Gundlach's home was burglarized and...
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Two Members Of Greece's Neo-Nazi Party Tried To Bring Guns Into The...
Golden Dawn, the neo-Nazi party which has attracted an alarming amount of support in Greece, has attracted a lot attention since rising in power this summer.They’ve led assaults on immigrants. Members...
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