If youre an active investor who occasionally buys or sells a stock based on tips, you might be understandably nervous about the massive insider trading crackdown surrounding Galleon Group. The now-defunct hedge fund is linked to 22 guilty pleas and more than two dozen arrests involving an array of alleged conspirators, including lawyers, consultants and investment managers.
And Galleon is only the latest in a bevy of recent insider-trading prosecutions, including one case filed against a group of technology salespeople who traded Apple shares based, allegedly, on confidential information and another case that nabbed a doctor for blabbing about clinical trials for a new drug.
Yet if people couldnt trade on tips, Jim Cramer, the host of CNBCs program, would be out of work. In reality, it is perfectly legal (although potentially unwise) to trade on some tips that you hear or overhear. Illegal insider trading is all about facts and circumstances.
It appears theres no end to the number of startups the group-buying space can contain. The latest entrant offering a better mousetrap is PeopleDeals, which allows small and medium-sized businesses to create deals that increase in value the more theyre shared across social networks.
Whereas Groupon-type deals are basically a two-for-one model that doesnt change, PeopleDeals makes the price cheaper after a certain number of participants share the virtual coupon across social platforms such as Facebook and Twitter. To illustrate, a pizza joint could offer an online deal for 50 cents off a slice, then as soon as its shared with another person it increases to 60 cents and then to 70 cents after its shared five more times, up to a maximum of $1 when 20 or more people share it.
The key is the business owner decides. At any given time they can make it go from 50 cents to $5, or from 50 cents to 70 cents, said Darin Myman, the CEO of Red Bank, New Jersey-based social network PeopleString Corporation (PLPE.OB), which launched PeopleDeals last week.
European Central Bank policymaker Nout Wellink said on Monday that he was open to the idea of extending maturities on Greek debt …
Wellinck said: Restructuring is essentially saying: ‘Send me the bill. We feel sorry for you.’ You shouldn’t do that. Paying the bill hurts.
It may sometimes take longer than expected. It can sometimes lead to a restructuring – but not in the way some advocate it to be – that … leads to a longer maturity of debt.This isn’t the official position, but some sort of restructuring seems priced in with the yield on Greece ten year bonds at 15.7% today and the two year yield up to 25.9%.
Earlier: Construction Spending increased in March
Weekend: Schedule for Week of May 1st
Yesterday, we analyzed ways to determine our tolerance for risk in our investment portfolios. That risk tolerance was based on when we needed the money, other income sources available, and our personal feelings and sensibilities regarding risk.
We also determined that there are three basic types of investors:
Set up an investment account with only $500 at Scottrade
I’ve arranged these into a table:
Investment Class Aggressive Moderate Conservative Cash & Equivalents 0% 15% 20% Bond Index 10% 25% 40% US Stock Index 50% 40% 30% International Stock Index 25% 15% 10% REIT Index 10% 5% 0% Precious Metals Fund 5% 0% 0%
Cash (and its equivalents) are the safest of all investments. It’s bas
Due to the massive hope on loans and credit cards, American citizens have largely remained ignorant about their failure. It is a fact that there are many solutions, such as bad credit consolidation available for most borrowers. But many people believe that, through programs of low interest, debts will be eliminated quickly, the reality may be different. In fact, there is no program of debt relief that will make you debt free without any hassle. A debt relief without a few problems is debt relief in the truest sense. However, you should try to explore the aspects why a program of debt consolidation can suit your needs.
While trying to consolidate debts, the debtor’s main objective is to compact the outstanding balances. The main concept is to combine debt payments to reduce rather than eliminate debt forever. Therefore, a program of debt consolidation isn’t always the best way to the complete financial freedom. H Read more…