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NEW YORK (MarketWatch) -- Wells Fargo & Co. /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.36, -0.60, -2.23%) Chief Executive John Stumpf said on Tuesday that he expects the bank's credit losses to peak in 2010. Full Article at MarketWatch
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We took a look at which stocks have mean consensus estimates farthest above their stock prices (as of market close on 12/4/09). If you chose to move from your current country of residence, where would be the best place for you to go? Full Article at CNBC
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U.S. envoy Stephen Bosworth (C) and members of his delegation pose for the media upon their arrival at an airport in Pyongyang December 8, 2009. View Photo »
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I believe that Turkey can be an important player in trying to move Iran in that direction
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NEW YORK (MarketWatch) -- Fast-food giant McDonald's Corp. /quotes/comstock/13*!mcd/quotes/nls/mcd (MCD 61.93, +0.34, +0.55%) said Tuesday that its November same-store sales, or sales at restaurants in operations for at least 13 months, rose 0.7%. Full Article at MarketWatch
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Galleon Probe Stymied by Lack of Follow-Up, Ex-FBI Agent Says (Bloomberg) Clumsy (or genius?) employees also didn’t help things: To monitor Roomy Khan, Intel set up a hidden video camera and obtained phone records that showed she faxed information to... Full Article at DealBreaker
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If you're wondering why the International Association of Exhibitions and Events stages an event about staging events, you're not alone. "I've tried explaining it to my elderly mother," says IAEE president Steven Hacker. "She never understands." Full Article at Fast Company
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U.S. President Barack Obama's special envoy for North Korea, Stephen Bosworth leaves for North Korea at a hotel in Seoul, South Korea, Tuesday, Dec. 8, 2009. View Photo »
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Just as Katrina exposed critical weaknesses in the priorities and competence of the Bush administration, the unfolding unemployment disaster is threatening to do the same for the Obama White House.
SOURCE: Human Events Online -
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NEW YORK (MarketWatch) -- China Hydroelectric Corp. on Tuesday filed to raise up to $61 million in an initial public offering in the U.S. The Beijing-based company plans to offer 3.13 million American depositary shares at $15-$17 a share for trading on... Full Article at MarketWatch
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Congress authorized the Treasury Department to spend $700 billion in TARP and another $400 billion for Fannie Mae (FNM) and Freddie Mac (FRE) in Conservatorship. Full Article at Seeking Alpha
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AP Photo
Federal Reserve Chairman Ben Bernanke speaks at The Economic Club of Washington, Monday, Dec. 7, 2009, in Washington.
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Federal Reserve Chairman Ben Bernanke speaks during a discussion hosted by The Economic Club of Washington, Monday, Dec. 7, 2009, in Washington.
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Google fellow Amit Singhal talks about Real Time Search, a new feature for the Google search engine, in Mountain View, Calif. , Monday, Dec. 7, 2009.
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Federal Reserve Chairman Ben Bernanke, left, talks to SunTrust Bank-Greater Washington President and Chief Executive Officer Scott Wilfong, in Washington, Monday, Dec. 7, 2009, prior speaking during a discussion hosted by The Economic Club of Washington.
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Vic Gundotra, VP of Engineering for Google, photographs a wine bottle with a mobile phone to demonstrate the speed of the search engine's new features in Mountain View, Calif. , Monday, Dec. 7, 2009.
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Vic Gundotra, VP of Engineering for Google, talks about the search engine's new features in Mountain View, Calif. , Monday, Dec. 7, 2009.
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Reuters Pictures
A North Korean soldier looks south as a South Korean soldier keeps watch while Canadian Prime Minister Stephen Harper (not pictured) visits the truce village of Panmunjom in the demilitarized zone separating North Korea from the South in Paju, about 55 km (34 miles) north of Seoul Decem...
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A South Korean protester standing beside a portrait of North Korean leader Kim Jong Il shouts a slogan during a rally to denounce the U.S. policy against North Korea in front of the Foreign Ministry in Seoul, South Korea, Monday, Dec. 7, 2009.
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WASHINGTON - DECEMBER 06: Recipients of the 2009 Kennedy Center Honors Mel Brooks, Dave Brubeck, Grace Bumbry, Robert DeNiro, and Bruce Springsteen watch as U.S. President Barack Obama hosts the 2009 Kennedy Center Honorees at an East Room reception in the White House December 6, 2009...
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U.S. President Barack Obama and first lady Michelle Obama arrive for the national anthem for the Kennedy Center Honorees at the Kennedy Center in Washington, December 6, 2009.
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U.S. President Barack Obama's special envoy for North Korea, Stephen Bosworth leaves after meeting with South Korean nuclear envoy Wi Sung-lac at the Foreign Ministry in Seoul, South Korea, Monday, Dec. 7, 2009.
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South Korean protesters shout a slogan during a rally to denounce the United States' policy against North Korea in front of the Foreign Ministry in Seoul, South Korea, Monday, Dec. 7, 2009.
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U.S. President Barack Obama (3rd R) and first lady Michelle Obama (4th R) stand for the national anthem with Kennedy Center Honorees Dave Brubeck (FROM L), Robert DeNiro, Grace Bumbry, Mel Brooks and Bruce Springsteen at the Kennedy Center in Washington, December 6, 2009.
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Kennedy Center Honorees Grace Bumbry (L-R), Robert DeNiro and Bruce Springsteen sit onstage for remarks by U.S. President Barack Obama during a reception at the White House in Washington, December 6, 2009.
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Kennedy Center Honoree Grace Bumbry sits onstage during remarks by U.S. President Barack Obama at a reception at the White House in Washington, December 6, 2009.
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Kennedy Center Honorees Mel Brooks (from L-R), Dave Brubeck, Grace Bumbry, Robert DeNiro and Bruce Springsteen laugh as Brooks hushes U.S. President Barack Obama for saying he had snuck in as a boy to see 'Blazing Saddles,' during a reception at the White House in Washington, December 6...
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U.S. President Barack Obama's special envoy for North Korea, Stephen Bosworth, center, is escorted by chief U.S. nuclear negotiator Sung Kim, right, to meet with South Korean nuclear envoy Wi Sung-lac at the Foreign Ministry in Seoul, South Korea, Monday, Dec. 7, 2009.
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U.S. President Barack Obama (2nd R) and first lady Michelle Obama (3rd R) wave as they arrive for the national anthem with the Kennedy Center Honorees at the Kennedy Center in Washington, December 6, 2009.
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U.S. President Barack Obama (L) and first lady Michelle Obama (C) are applauded as they arrive for the national anthem with Kennedy Center Honorees at the Kennedy Center in Washington, December 6, 2009. Also pictured is Vice President Joe Biden (R).
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Reuters Pictures
U.S. President Barack Obama (R) and first lady Michelle Obama (2nd R) stand for the national anthem with Kennedy Center Honorees Dave Brubeck (From L), Robert DeNiro, Grace Bumbry, Mel Brooks and Bruce Springsteen at the Kennedy Center in Washington, December 6, 2009.
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Kennedy Center Honoree Bruce Springsteen (L) waves as he stands for the national anthem with U.S. President Barack Obama (R) and first lady Michelle Obama at the Kennedy Center in Washington, December 6, 2009.
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U.S. President Barack Obama (3rd R) hugs Robert DeNiro (2nd R) after introducing him and fellow Kennedy Center Honorees Mel Brooks (from L-R), Dave Brubeck, Grace Bumbry, and Bruce Springsteen at a reception at the White House in Washington, December 6, 2009.
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U.S. President Barack Obama (R) greets Kennedy Center Honorees Bruce Springsteen (2nd R) and Robert DeNiro (L) at a reception at the White House in Washington, December 6, 2009.
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Kennedy Center Honorees (L-R) Mel Brooks, Dave Brubeck, Grace Bumbry, Robert DeNiro and Bruce Springsteen laugh at a joke by Brooks as they are introduced by U.S. President Barack Obama at a reception at the White House in Washington December 6, 2009.
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Reuters Pictures
Kennedy Center Honorees (L-R) Mel Brooks, Dave Brubeck, Grace Bumbry, Robert DeNiro and Bruce Springsteen are feted by U.S. President Barack Obama at a reception at the White House in Washington December 6, 2009.
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AP Photo
Federal Reserve Chairman Ben Bernanke speaks during a discussion hosted by The Economic Club of Washington, Monday, Dec. 7, 2009, in Washington.
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If I did not think that the security of the United States and the safety of the American people were at stake in Afghanistan ... I would gladly order every single one of our troops home tomorrow.
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Look, we have LOTS of economic thinkers, and plenty of big donor bankers, too, for that matter, over here on the left side of the aisle. It’s high time Obama acknowledge that Democrats are Very Serious People too, and can run our large institutions like the Fed and DoD and our embassy in China (and the ...
SOURCE: Firedoglake -
We want a strong partnership based on more for more ... More resources from the United States and NATO, and more action from the Afghan government to improve the lives of the Afghan people.
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Free is a price most consumers really like ... I believe that the Android platform is going to gain significant market share over the next couple years, and if every device comes with Google Maps Navigation, that will absolutely eat into TomTom and Garmin.
SOURCE: San Francisco Chronicle -
We have not followed through on the good starts we made in Afghanistan, partly because we took so many resources out and put them in Iraq ... I think it is very important for us to begin a planned redeployment from Iraq, including targeting Afghanistan.
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I think [Obama] may have been a little unwise to cut back on that number
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We have not followed through on the good starts we made in Afghanistan, partly because we took so many resources out and put them in Iraq ... I think it is very important for us to begin a planned redeployment from Iraq, including targeting Afghanistan.
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But we sure hope [Obama’s surge] works
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For the Afghan people, a return to Taliban rule would condemn their country to brutal governance, international isolation, a paralyzed economy, and the denial of basic human rights to the Afghan people - especially women and girls
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This is a clear message to Copenhagen of the Obama administration's commitments to address global climate change. ... The message to Congress is crystal clear: Get moving.
SOURCE: eTaiwan News -
All told, by the time I took office, the cost of the wars in Iraq and Afghanistan approached $1 trillion. Going forward, I am committed to addressing these costs openly and honestly
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I think Microsoft really should consider porting a version of Windows 7 to ARM.
SOURCE: OSNews -
We will strengthen Pakistan's capacity to target those groups that threaten our countries, and have made it clear that we cannot tolerate a safe-haven for terrorists whose location is known, and whose intentions are clear
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Reid has now compared his quest to pass the Obama-Pelosi government takeover of health care to the effort to end slavery.... To suggest that passing this horrible bill is anything akin to ridding our country of slavery is terribly offensive and calls into question Mr. Reid's suitability to lead
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This increase is necessary to stabilize a deteriorating situation in Afghanistan, which has not received the strategic attention, direction and resources it urgently requires
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All told, the Federal Reserve’s actions – in combination with those of other policymakers here and abroad – have helped restore financial stability and pull the economy back from the brink
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I have determined that it is in our vital national interest to send an additional 30,000 U.S. troops to Afghanistan
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This bill is supported by the Obama Administration, elected officials from Guam, and decolonization and indigenous rights advocates on Guam.
SOURCE: Guam Pacific Daily News -
Obviously, there are historic conflicts between India and Pakistan. It is not the place of the United States to try to, from the outside, resolve all those conflicts. On the other hand, we want to be encouraging of ways in which both India and Pakistan can feel secure, and focus on the development of th...
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President Obama made a wonderful promise back before he was elected president
– Louie Gohmert SOURCE: KLTV -
Obviously, there are historic conflicts between India and Pakistan. It is not the place of the United States to try to, from the outside, resolve all those conflicts. On the other hand, we want to be encouraging of ways in which both India and Pakistan can feel secure, and focus on the development of th...
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Limiting increases in leverage may help to prevent bubbles from being created in the first place ... It might be appropriate for the Federal Reserve -- working with functional regulators such as the Securities Exchange Commission -- to monitor and limit the buildup in leverage at the major securities fi...
SOURCE: MarketWatch -
Obviously, there are historic conflicts between India and Pakistan. It is not the place of the United States to try to, from the outside, resolve all those conflicts. On the other hand, we want to be encouraging of ways in which both India and Pakistan can feel secure, and focus on the development of th...
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In concluding that it does not need specific permission from Congress to hold detainees without charges, the Obama administration is adopting one of the arguments advanced by the Bush administration in years of debates about detention policies ... are not embracing the more disputed Bush contention that...
SOURCE: The Public Record -
To lessen tensions between two nuclear-armed nations that too often teeter on the edge of escalation and confrontation, we must pursue constructive diplomacy with both India and Pakistan
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