The author Samuel Langhorne Clemens, a popular MetaFilter topic
, was born
177 years ago today (November 30th 1835) in Missouri
. The printer, riverboat pilot, game designer
, journalist, lecturer, technology investor
, gold miner, publisher and patent holder
wrote short stories, essays, novels and non-fiction
under the pen name Mark Twain
. This included The Adventures of Huckleberry Finn
(recently adapted into a musical
), one of the top five challenged books of the 1990s
, published in 1884-85 to a mixed reception
and with an ending that still causes debate
. [more inside]
posted by Wordshore
on Nov 30, 2012 -
The Watchful Investor
"Bringing you the underreported, the underappreciated, and the overlooked news from the markets.
Jim Waddell created this frequently updated journal providing economic news and commentary, as well as a newsletter which gives more detailed coverage of specific market events and issues. Accessible and interesting, yet not dumbed down.
posted by knave
on Jul 18, 2005 -
Big Business As Usual.
"In announcing their record settlement with 10 Wall Street firms
accused of misleading investors with bogus recommendations, [the Securities and Exchange Commission] also released new e-mail records showing stock experts chortling about how they were making out like bandits at the expense of the average investor", and revealed troubling insights into the way Wall Street really works:
"Merrill Lynch initiated coverage of LFMN on September 28, 2000 with a 2-1 [10-20% appreciation forecast short term, 20% appreciation forecast long term], when LFMN traded at $22.69. At that time, Merrill Lynch was pursuing an investment banking relationship with LFMN.
After Merrill Lynch initiated research coverage, LFMN's price declined to the....$3-5 range in December. On December 4, 2000, Blodget e-mailed a fellow analyst,'LFMN at $4. I can't believe what a POS [piece of shit] that thing is. Shame on me/us for giving them any benefit of doubt.' Merrill Lynch's research report on LFMN dated December 21, 2000, [reiterates] a 2-1 rating..."
And the "record settlement" with these common swindlers in three piece business suits from our brave SEC? For Wall Street, Fines Are A Day's Pay.
posted by fold_and_mutilate
on May 7, 2003 -