Sep

30

Wall Street’s stock has dropped in world’s eyes (USA Today)

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Wall Street didn't just lose hundreds of billions of dollars in the current financial crisis. It lost its good name, too.

Sep

30

Morgan Stanley Confirms Mitsubishi Investment - istockAnalyst.com (press release)

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Boston Globe
Morgan Stanley Confirms Mitsubishi Investment
istockAnalyst.com (press release), OR - 5 hours ago
MTU will also buy $6 billion of convertible preferred stock at a conversion price of $31.25. The preferred stock will pay a 10% dividend. ...
UPDATE 1-Bernstein cuts earnings estimates for Morgan Stanley Reuters
Toyota: That’s Moving Backward; Goldman Makes Buffett Whole Barron's Blogs
Morgan Stanley Completes Mitsubishi Deal New York Times
Bloomberg  - The Age
all 377 news articles

Sep

30

Walter Industries, Inc. Announces Plan to Separate Financing Business; Increases Share Repurchase Program by $50.0 Million; Provides Business Update

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- Financing Business to Merge with Hanover Capital Mortgage Holdings Following Spin-Off - - Company Updates Third and Fourth Quarter 2008 Expectations on Timing of Metallurgical Coal Production and Hurricane Impacts - - Webcast of Conference Call Scheduled - TAMPA, Fla., Sept. 30 /PRNewswire-FirstCall/ — Walter Industries, Inc. (NYSE: WLT), a leading producer and exporter of U.S. metallurgical coal for the global steel industry, outlined today its plans to separate its Financing business

Sep

30

Stash Cash in These Uniquely Geeky Investments

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With the markets seesawing like some sort of playground equipment that goes up and down, you may be thinking to yourself: "What should I do with the money I have invested in the stock market/sunk into certificates of deposit/hidden at the back of my closet in a box labeled 'anthrax and centipedes'?"

Sep

30

3Q-2008 Report Card

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With 70% of the portfolio allocated to equities, the Sleepy Portfolio could not be expected to escape the carnage in the stock market. The portfolio was down 10% over the course of the third quarter. Canadian stocks were down 18%, US stocks down 7.5%, EAFE stocks down 15.5% and emerging markets (all in Canadian dollar terms) down 22%. Cash and short-term bonds provided the only refuge. Surprisingly, real-return bonds are down 7.5% in value and real returns are now in excess of 2.0%. Is the mar

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