As I recall from my college Greek mythology course, arrogant mortals ultimately learn -- and quite harshly -- the folly of excessive ego. The stories usually end with Zeus smiting with a few choice lightning bolts. Arrogance never escapes punishment from the gods.
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VXX, VXZ ETNs Allow You to Buy Volatility
http://seekingalpha.com –
I feel fortunate that representatives from innovative mutual fund companies like Rydex, ProFunds, and Direxion have been visiting my office since they were startups. These regular visits provide insight to their product plans, and allow me a chance to suggest ideas for new funds.
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EchoStar acquires Sirius XM debt, may be planning attempt
http://biz.yahoo.com –
EchoStar Corp. has acquired a significant amount of Sirius XM Satellite Radio Inc.'s maturing debt and may be planning an attempt to gain control of the satellite radio operator, according to a media report on Thursday.
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Goldman Sachs CFO seeks to repay TARP funds
http://news.yahoo.com –
Goldman Sachs Group Inc (GS.N) Chief Financial Officer David Viniar said the bank is keen to avoid restrictions it agreed to after receiving funds from the U.S. government late last year and it is looking to pay the money back as soon as possible.
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Great stocks for this Recession/Depression
http://econjournal.com –
A recession or a depression is not uniformly bad to everyone. There a lot of companies that can benefit from the current market condition, if their business model is good and they have enough cash to not rely on the debt markets.
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