Mongering

Rumor: Fake Morgan Dollars Being Made in China

November 13, 2009

Hi All, Okay, just saw this one the web. If you are buyer of silver coins or a numismatics collector, you’ll be interested to know there is a rumor flying around about fake coins being made in China and sold on ebay. Since we love a nice juicy rumor, go ahead and click here for [...]

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Latest Internet Rumor: Fed Buying Bank Shares

June 3, 2009

Hi All, Its generally not a good idea to pass internet rumors around. That said, economic statistics have been so schizophrenic recently, so it may not matter. At any rate, the latest internet rumor is that the Federal Reserve has been backstopping (read: buying) the shares of many of the equity offerings mandated by the [...]

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Latest Internet Rumors

April 13, 2009

HI All, These are only rumors, mind you, but they are going around. 1) IBM will layoff up to 10,000 US jobs. 2) General Motors will declare bankruptcy by June or July 1st. Best, James

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Is Ben Bernanke Taking Medication?

March 17, 2009

Hi All, I caught Ben Bernanke’s interview with 60 minutes this last weekend. Through the interview, Bernanke seemed calm, collected and well composed – almost a little too calm. Given that he is under a titanic amount of pressure, I wonder if he’s not taking some sort of stress medication – possibly a beta blocker [...]

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Rumor of the day

March 4, 2009

This from craigslist… G.M. to file b.k. at the end of the month. That is all. Thank you -James

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Free Coffee At McDonalds?

February 20, 2009

Hi All, This is one rumor I don’t mind mongering. It recently came to my attention that McDonalds might be giving away free coffee between 5 and 9am. I was unable to verify this rumor with McDonalds corporate headquarters, but evidently some of the local restaurants in the DC area are participating. If you are [...]

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Consumer Ripoffs To Avoid

June 7, 2008

In addition to spending less and saving more, another way to help your bottom line is simply by not getting ripped off. Here are a couple of key examples of the type of consumer rip-offs common in the states. 1) Rent to Own- How rent to own works is that you make a payment plus [...]

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Back from the Ivory Tower

January 28, 2008

Hello All, One thing you learn about being a graduate student is that the isolated culture of academia is alive and well in America’s universities. After several weeks of study, I took my first set of comprehensive examinations a day ago. The results aren’t in yet, but comprehensive exams are a rite of passage that [...]

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More Credit Card Deadbeats

December 23, 2007

Hi All, This story is hot off the AP news wire. Evidently the number of Americans who are hard core delinquent on their credit cards is increasing by over 50%. Check it out here. Best, James

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Crazy Russians At It Again

December 20, 2007

The Guardian is reporting that Vladamir Putin, the outgoing president of Russia, secretly amassed a fortune of over 20 billion dollars while in office. To make things thicker, its allegedly held in Lichtenstein and Switzerland through a series of blind trusts. The only thing I’m wondering is – What stocks is he holding? Click here [...]

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