Word: slow
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...nation's economic doldrums are going to slow down the national pastime, there's not much evidence of it happening yet. This past season, baseball blasted a home run, scoring a record $6.5 billion in revenues. During the winter off-season, trade rumors and expensive free-agent signings have kept fans hooked. Struggling media outlets still saw fit to send some 370 journalists to Las Vegas to cover the sport's winter meetings, an annual hardball cattle call packed with rumor-hungry execs, scouts and assorted hangers-on, all looking for the next big deal...
...Bank's monetary policy, when the focus should be on correcting big macroeconomic divergences, like Spain's and Ireland's recent (and ultimately doomed) property bubbles. "The euro zone needs more ability to act in times of real crises, or to prevent them," Pisani-Ferry says. "It is a slow process." But one that has come a long way in 10 years...
...taken, I get calls daily from those who have lost their financial lifeline due to this mess. This wasn't a slow-fade-to-ruin crime, but a flip-the-switch-to-poverty crime, and many are now in an adrenal-driven shock stage of having no money - at all - in the bank. The ruin is especially tragic among retirees hit by this pre-holiday bomb...
...place for lost monies, with at least three years of back taxes being recoverable. The next best hope: the Securities Investors Protection Corporation, which was set up for just such fraudulent behavior among securities brokers. It's unclear how much money SIPC has for victims, and payouts are notoriously slow. But there are reports it may offer between $100,000 to $500,000 per victim, provided one can prove they were part of Madoff's madness - no small task for those who lost money through feeder funds. SIPC's website says Madoff recovery forms will be available before January...
...Your Oats. Jamba Juice is introducing oatmeal to the menu nationwide (it's already been previewed in Chicago stores) in January, giving Starbucks a run for your breakfast dollar. Unlike Starbucks', Jamba's oatmeal is slow-cooked, not instant, and you'll have a choice of fruit toppings - apple-cinnamon crumble, blueberry-blackberry or fresh banana...