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TGIF: The Poetic Beauty of Palin's Tweets
July 31, 2009 @ 09:24 AM | By Gregory MacSweeney

Sarah Palin's Twitter tweets can be poetic, but only when read by The Captain, William Shatner. The Tonight Show's Conan O'Brien brings in Shatner to read Palin's tweets verbatim. The result is a strange free verse that Shatner takes to a new level.

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Michael Lewis "Defends" Goldman; Spinal Tap Performs
July 31, 2009 @ 07:13 AM | By Penny Crosman

Michael Lewis speaks for all of Goldman Sachs when he says, "America stands at a crossroads, and Goldman Sachs now owns both of them." And Spinal Tap makes an appearance on the Daily Show Michael Lewis Clears Up Misconceptions About Goldman In a Bloomberg article, Bashing Goldman Sachs Is Simply a Game for Fools, Liar's Poker author Michael Lewis, adopting the persona of a Goldman employee, explains the firm's perspective on recent unflattering press reports. For instance, he debunks the rumor that Goldman Sachs owns the U.S. government: "Every time we hear the phrase 'the United States of Goldman Sachs' we shake our heads in wonder. Every ninth-grader knows that the U.S. government consists of three branches. Goldman owns just one of these outright; the second we simply rent, and the third we have no interest in at all. (Note there isn't a single former Goldman employee on the Supreme Court.)"

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The End Of Wall Street: Why It Happened
July 24, 2009 @ 10:07 AM | By Gregory MacSweeney

Chapter two of this WSJ series takes a look at what was going through the minds of CEOs, corporate boards, fund managers and mortgage lenders as they created hard-to-understand derivatives Warren Buffett once called "weapons of financial mass destruction."

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TGIF: China Celebrates Status As World's Number One Air Polluter
July 24, 2009 @ 07:08 AM | By Penny Crosman

Proud that its industries are growing fast and producing more greenhouse gases along the way, China partied today. Festivities included the 100 Widow Smog Dance, The Onion reports.
China Celebrates Its Status As World's Number One Air Polluter

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Iron Fist With Brass Knuckles Ruled Lehman Brothers
July 23, 2009 @ 11:42 AM | By Gregory MacSweeney

Lawrence G. McDonald, the author of "A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers," speaks to WSJ's Dennis Berman about what went wrong at the top of the firm.

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Brokerage Statement Leaders & Best Practices
July 21, 2009 @ 11:19 AM | By Michael Ellison

As the markets and economy begin to recover, brokerage firms will need to do whatever they can to rebuild trust. The monthly statement is one tool they can use to accomplish this and employing some of these best practices is a good place to start. In this year's review, Merrill Lynch provided the most impressive overall statement for the third year in a row. It provides an excellent portfolio summary in a feature-rich document that includes all of a client's linked accounts in a concise format.

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TGIF: How to Grow Grass in Someone's Keyboard
July 16, 2009 @ 18:15 PM | By Penny Crosman

It's a nice way to welcome a co-worker back from vacation.

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Are Speculators Driving Up Oil Prices?
July 09, 2009 @ 11:35 AM | By Gregory MacSweeney

The Commodity Futures Trading Commission (CFTC) certainly suspects that oil speculators are behind the wild swings in oil prices.

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Goldman Sachs Is A Vampire Squid, Rolling Stone Says
July 02, 2009 @ 10:48 AM | By Penny Crosman

In a riveting article in its July 9-23 issue, "Goldman Sachs: The Great American Bubble Machine," Rolling Stone describes the investment bank as a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."

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Is Wall Street's Day of Reckoning Still to Come?
July 02, 2009 @ 10:12 AM | By Gregory MacSweeney

Although the banks have been scared and many have been shaken to their foundations, Michael Lewis contends that there may be more shocks to come.

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