Word: stockely
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...some action after the SEC sought to stop naked shorting with a do-not-mess-with" list of 18 financial institutions such as Fannie Mae, Freddie Mac and investment banks. On July 15, the SEC issued an emergency order temporarily mandating that anyone who wants to short a stock "must borrow or arrange to borrow the security or otherwise have the security available to borrow in its inventory prior to effecting the short sale." As Cox explained in an op-ed, "Our emergency order is not a response to unbridled naked short selling in financial issues - so far, that...
...ability of ordinary investors to move in and out of investments at the right moment tends to be pretty bad anyway. A longitudinal study by the research firm Dalbar shows that as mutual-fund investors increase the length of time they hold their funds, they do better relative to stock and bond indexes. "Our emotions are backward-looking, but the market is always about what's going to happen," says David Yeske, a financial planner in San Francisco. So no running for the exits. That said, it may be a good time to see if you're properly diversified...
...program that channels aid to key issues, including education and clean water--to be met by 2015. The MDGS hold people "to a golden standard for progress," says Jamie Drummond, executive director of the antipoverty organization DATA. When world leaders gather in New York City this month to take stock of the MDGS, their speeches are likely to tout the many achievements since 2000: millions more African children now attend school and sleep under mosquito nets; thousands of new water wells have been dug. Yet though maternal health care underpins many other development goals (healthy mothers are more likely...
...bragging during the Republican primary that he voted with Bush over 90% of the time. The economy is tanking, and McCain is still insisting that the fundamentals remain strong; he's also been a consistent vote against financial regulation, a strong supporter of investing Social Security benefits in the stock market and a recent convert to the Bush tax cuts. Voters prefer Obama's positions to McCain's on almost every major policy issue, and the Republican brand still seems toxic. The Obama team believes, as campaign manager David Plouffe says, that "at the end of the day, this...
...Economics department chair James H. Stock, who had been optimistic until recently, said the AIG deal convinced him of the severity of the crisis...