Wednesday, June 13, 2007

Yo, Bush ...

Earth to Prez Bush: Shareholder rights to sue are being restricted, not expanded.

Shareholder class actions are certainly a debatable issue, but Bush's spinmeister Tony Snow doesn't help by bamboozling the issue, claiming the rights to sue are being expanded. Wrong. They've been eroded, and continue to be restricted.

Bond market turns

The bond market takes a turn. Bill Gross tells why.

But in the short term, look for a rebound in the bond market.

Still doesn't work ...

Let's all repeat: “Financial supermarkets do not work. Financial supermarkets do not work.”

Citigroup hasn't heard.

Too many ETFs?

Proliferation finally catches up with ETFs. See the story