By now, most of you have probably heard how naked short-selling has destroyed Fannie Mae and Freddy Mac. The question many of you may be asking is “why is short-selling even allowed”? The answer can probably be found in the fact that many volatile companies that may be good to short simply do not have [...]

Continue reading...

The white house says the U.S. and Iraq have agreed to talk about seeking a general time horizon about the withdraw of troops for Iraq. Iraqi officials are gaining confidence as the amount of violence in the country has gone down and are pushing the United States to agree to a specific timeline to withdraw. [...]

Continue reading...