“In the filing, the company said it started exploring strategic alternatives including a sale in January. The following month, it enlisted the help of Morpheus Capital and Advisors LLC to help it find new equity investors or sell the company, the filing said.

Morpheus reached out to 22 potential buyers and investors. The company was [...]

“Let Greece go. It’s a possibility that’s being considered more and more publicly in Europe.There have been two and a half years of bailouts and broken promises by Greece to reform. The result: a fifth year of recession and, this week, political chaos. Voters on Sunday favored parties that either oppose the country’s international bailout [...]

Here is a link to an Interview with Robert Prechter: Forecasting the Presidential Election. Robert Prechter talks to Fox Business News host Neil Cavuto about his latest research on how social mood affects presidential re-election bids. In the interview, he reveals what is the most reliable indicator in predicting incumbent re-election.

Strange but true, how “Door Closing” statutes can affect youMany States including Texas have “Door Closing” statutes. Texas’ statute is T.B.O.C. § 9.051.  These provisions restrict foreign entities that: 1) are required to register and 2) have failed to register, from maintaining an action in a court of that state.  That is, these entities may [...]

Here is a great article for understanding a difficult subject:”A Primer: Understanding DerivativesHeidi is the
proprietor of a bar.She realizes that a good deal of her customers are
unemployed alcoholics and, as such, cannot afford to have all the drinks they
would like to have at her bar.To solve this problem, she comes up with [...]

Dow tops, it is time to sell.  Quote:  The Dow Jones Industrial Average pierced the 13000 level for the first time in
almost four years, but traded largely below the mark and ended the day in
positive territory.The Dow broke 13000 before noon on Tuesday and a handful of other times
throughout the day, but [...]

“WASHINGTON (AP) - The Federal Reserve is running out of options to try to boost a slumping economy and lower unemployment. So policymakers are expected to reach 50 years back into their playbook for their next move.

Most economists expect the Fed to announce a plan Wednesday to shift money in its $1.7 trillion portfolio [...]

A new book about one of our founding fathers, Ethan Allen is out.  Here is a review of this biography, which indicates that it (as well as Mr. Allen) is somewhat difficult to capture.  “As Ethan Allen: His Life and Times, a new and frustrating biography by Willard Sterne Randall, shows, Allen is hard to [...]

“U.S. authorities sued Deutsche Bank AG and a mortgage subsidiary, alleging that they repeatedly lied about the quality of mortgages to be included in a government insurance program so that they could profit from the resale of those mortgages. 

The lawsuit, filed Tuesday in Manhattan federal court, alleges that Deutsche Bank and its MortgageIT unit “recklessly” [...]

A former major league baseball player has been accused of bankruptcy fraud, specifically taking more than $400,000 worth of items out of his house and selling or destroying them.  “But prosecutors say Dykstra sold ‘a truckload of furnishings and fixtures” from the Lake Sherwood house, for cash, at a Los Angeles consignment store, about a month [...]