Holiday shopping with no discounts
Inflation is back, prices won't drop during the holidays. Foreign items cost more, domestic products
in short supply, few made in USA.
Culture of fund insiders the problem
Fund executives shunned their responsibility to treat fund shareholders equally and engaged in unethical
and fraudulent dealings.
European Central Bank warns of weaken EURO
France and Germany sidestep restrictions and circumvents European Commission. Dominate economies want
eurozone governments clout.
Medicare Bill breaks the bank
Goldman Sachs reports government spending growing fast enough to cause $500 billion deficit
in 2004, real relief for the mentally sick public!
Projected 20 year growth record for 2004?
An election year, investment would boom from huge tax cuts and super-low interest rates. But
is this real prosperity or a last hurrah?
Telephone companies sue over phone numbers
If phone companies served the public, why would they want to block customers from transferring
their landline number to a cell phone?
NYSE wants swift approval of reforms
New York Stock Exchange hopes securities regulators will quickly approve plans to revamp the
NYSE board. But will that stop the fraud?
Currency Traders Charged with Fraud
Foreign currency trading has become more risky. The system of exchange has always been the most profitable
for insiders.
WTO warns of protectionist danger
Liberalising global trade means accepting managed economies controlled by shadow interests that works
against individual countries.
SEC fines Morgan Stanley over Mutual Funds
Morgan Stanley agreed to pay 50 million dollars for failure to disclose fees and commissions used
to steer customers to certain mutual funds.
Bankruptcies and inflation both rise
Bankruptcies have nearly doubled in the past decade, and no effort to curtail rising inflation. The
linkage will become obvious shortly.
U.S. trade deficit at all time high
U.S. trade deficit widened to $41.3 billion in September. As long as absurd Free Trade is practiced
over Fair Trade, America will decline.
WTO rules U.S. violated trade agreements
Tariffs on imported steel are in the national interest. Another example why America should resign
from the World Trade Organization.
Illegal Aliens file a RICO against Wal-Mart
Instead of deportation, minority lawyer wants to reward criminals. The illegals need to go back home
and clean their own house.
Kodak ready for breakup with Carl Icahn's involvement
After the disastrous Sept. 25 announcement of the Kodak's new digital strategy, failed to
assuage many investors upset about the 72% dividend cut, Icahn smelled blood - the company is doomed.
BBB: Daily Business Report from BATR Business Blog
8 nov 03 @ 5:04 am
