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Tuesday, November 15, 2011

DAI: Dell revenue slightly lower than Street view

Reuters
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11/15/2011
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LATEST NEWS
Dell revenue slightly lower than Street view
(Reuters) - Dell Inc reported revenue that was slightly lower than Wall Street expectations, hurt by lower sales to consumers. | Full Article
Wall St. rises on U.S. economy, progress in Italy
November 15, 2011 04:38 PM ET
NEW YORK (Reuters) - Stocks rose on Tuesday, boosted by swift steps toward formation of a new Italian government and stronger-than-expected reports on the U.S. economy. | Full Article
Economy shows signs of momentum in 4th quarter
November 15, 2011 02:51 PM ET
WASHINGTON (Reuters) - The U.S. economy showed signs it maintained speed into the fourth quarter as retail sales rose in October and a gauge of manufacturing in New York state showed growth this month for the first time since May. | Full Article
Analysis: SEC targets low-level bankers, spares top execs
November 15, 2011 03:51 PM ET
WASHINGTON (Reuters) - The U.S. government is not taking advantage of an enforcement tool that could potentially hold top Wall Street figures accountable for their role in the recent financial crisis, despite its prior success. | Full Article
France draws fire after "alarm bells" warning
November 15, 2011 03:30 PM ET
PARIS/ROME (Reuters) - France came under heavy fire on global markets Tuesday, reflecting fears that the euro zone's second biggest economy is being sucked into a spiraling debt crisis after a warning that Paris's failure to adapt should be "ringing alarm bells." | Full Article
US TOP NEWS
Reid, Boehner huddle on budget deal
November 15, 2011 04:26 PM ET
WASHINGTON (Reuters) - Congressional leaders huddled on Tuesday to see if a deficit-cutting deal is possible as negotiators sought a way to bridge a divide over tax increases and benefit cuts. | Full Article
Candidate Cain struggles on personal, policy fronts
November 15, 2011 04:04 PM ET
WASHINGTON (Reuters) - The air may finally be coming out of Herman Cain's 2012 balloon. | Full Article
Iran ready to help Turkey with nuclear plant: aide
November 15, 2011 04:19 PM ET
NEW YORK (Reuters) - An adviser to Iran's Supreme Leader said on Tuesday that Tehran was willing to share its controversial nuclear technology with neighboring countries, suggesting it could help Turkey build an atomic power plant. | Full Article
Monti to form new Italy government
November 15, 2011 03:12 PM ET
ROME (Reuters) - Prime Minister designate Mario Monti will meet Italy's president on Wednesday to present a new government to face a crisis that has brought Italy to the brink of economic disaster and endangered the entire euro zone. | Full Article
Alleged Penn State victim disputes testimony: lawyer
November 15, 2011 04:07 PM ET
STATE COLLEGE (Reuters) - The lawyer for former Penn State University assistant football coach Jerry Sandusky said on Tuesday one of his alleged child rape victims will tell "a very different story" from grand jury testimony. | Full Article
HEALTH NEWS
Analysis: Stem cell research: win some, lose some
Doctors back "open market" insurance exchanges
Palm olein may be less heart-friendly than thought
Defeated anti-abortion group unlikely to give up
Keen video-gamers' brains may reward them more
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BREAKING NEWS: Judge Rules Against Occupy Wall Street Protesters

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Proof That Fannie And Freddie Didn't Cause The Housing Bubble


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Tuesday, November 15, 2011
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Proof That Fannie And Freddie Didn't Cause The Housing Bubble

The role of government agencies in causing the housing bubble continues to be debated endlessly.

As such, it's always a good idea to have this chart — posted today by Hale Stewart — of various housing bubbles around the world.

If you really think it was all Fannie and Freddie's fault, then you have to explain why the U.S. just happened to have the same (roughly) arc of a housing boom as basically every other industrialized country all around the world at the same time.

Read »


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