Archive for March 24th, 2008

Don’t trust the Wall Street rally

Monday, March 24th, 2008
Up until now, all eyes have been on the losses that are hitting the financial sector from the acronym soup of new instruments such as CDOs and SIVs. Everyone is scared, and rightly so, of the MUB (Monster Under the Bed) that might be lurking in supposedly safe havens. Still, financial stocks staged a big rally on the last trading day before the weekend, and again Monday, due to the belief that the worst is past, and that the government will step in to save the Street should that MUB pop out from under the bed.

Don’t trust the Wall St rally

Monday, March 24th, 2008
Up until now, all eyes have been on the losses that are hitting the financial sector from the acronym soup of new instruments such as CDOs and SIVs. Everyone is scared, and rightly so, of the MUB (Monster Under the Bed) that might be lurking in supposedly safe havens. Still, financial stocks staged a big rally on the last trading day before the weekend, and again Monday, due to the belief that the worst is past, and that the government will step in to save the Street should that MUB pop out from under the bed.

Where to stash your cash now

Monday, March 24th, 2008
Where do I keep my cash? During times of financial crisis (like now), that's the question on many investors' minds. And when the financial crisis involves the credit markets (as it does now), the answer isn't so simple.

Google: Open TV for WiFi

Monday, March 24th, 2008
The search giant is asking the FCC to turn over unused TV "white space" airwaves for mobile phone service, reports Michal Lev-Ram.

Camaro: From sketchpad to street

Monday, March 24th, 2008
The rebirth of a muscle car from the first idea to final testing.

Tech stocks we love

Monday, March 24th, 2008
The tech sector has been hit hard in the past 6 months, but here are 7 tech stocks with great growth potential that look like attractive long-term bargains.

Bear deal boosts stocks

Monday, March 24th, 2008
Stocks surged Monday afternoon as news that JP Morgan Chase is boosting its bid for Bear Stearns reassured investors, giving a lift to the financial sector and broader market.

Icahn turns up heat on Motorola

Monday, March 24th, 2008
Carl Icahn upped the pressure in his proxy battle with Motorola on Monday by filing a new lawsuit, demanding again that the company spin off its mobile phone business.

JPMorgan ups offer for Bear Stearns

Monday, March 24th, 2008
Seeking to mollify angry shareholders and employees, JPMorgan Chase quintupled its offer for Bear Stearns Cos. to roughly $10 a share Monday.

Can I patent someone else’s work?

Monday, March 24th, 2008
Dear FSB: My store sells a line of goods such as potholders and tote bags made by a local artisan from ethnic cloth she buys. They're popular, but the artisan is a hobbyist with no desire to patent or copyright them. I plan to start selling the items online, and hope to keep rivals from copying them. But can I patent or copyright someone else's work?