Got a tip for a post?: Email us | Anonymous form Get Election 2008 in your mailbox! Obama Backs a Bailout, But Calls for More FDIC Insurance Posted by Steven Rosenfeld on September 30, 2008 at 5:56 AM. Democratic presidential candidate Barack Obama issued a statement early Tuesday saying why a Wall Street bailout was needed, but suggested that any new legislation include an increase in the federal insurance for bank deposits from $100,000 to $250,000. Her

Got a tip for a post?: Email us | Anonymous form Get Election 2008 in your mailbox! Obama Backs a Bailout, But Calls for More FDIC Insurance Posted by Steven Rosenfeld on September 30, 2008 at 5:56 AM. Democratic presidential candidate Barack Obama issued a statement early Tuesday saying why a Wall Street bailout was needed, but suggested that any new legislation include an increase in the federal insurance for bank deposits from $100,000 to $250,000. Her

I am closing the last of Fluor (FLR), one of my favorite companies period, today. This stock has dropped 50% in just over a quarter on the "global slowdown" trade. Since I don't see the global economy recovering anytime soon, and it does not seem to matter how many times these global engineering companies reiterate business is fine and announce contract after contract, they get sold off. [Aug 12: Fluor to Hedge Fund Computers: The World Does not End at $110 Oil. Or $80. Or $50] It goes back to t

Higher levels of testosterone, a male sex hormone, are likely to fuel financial brinkmanship, according to a new study that sheds light on biological origins of risk taking. The study was jointly led by Anna Dreber of Harvard University and the Stockholm School of Economics and Coren Apicella, Harvard department of anthropology. "These findings help us to understand the motivations for risk-taking behaviour, which is a major component of economic theory," said Dreber. "Risk preferences are

Monday's stock bloodbath hit tech companies harder than most.