Fully Deluded: Wall Street Rag



Recent Fully Deluded News



Hackers Jailbreak The iPhone 3GS

The iPhone 3GS jailbreaking app Purplera1n is here, reports CNET. Teenage hacker Geroge Hotz, who was first unlocked the iPhone, released Purplera1n yesterday in a blog post titled "I make it ra1n." Technicallly, this is bad news for AT&T and Apple -- for AT&T (T), since people can use their jailbr... (original story)

What’s on the Tivo, DVR, DVD

The various digital video recording and playback devices around the house have gathered together quite a nice collection of interesting fare for the next rainy weekend — which I absolutely insist will not be this weekend. (Enough of this London on the Hudson crapola!) • Musical Minds:  Oliv... (original story)

Dailymotion CEO Demoted After 3 Months

Cedric Tournay will replace Ian Brotherston as DailyMotion CEO, reports Mediapost. Ian got the job less than three months ago. Tournay joins Dailymotion from Doctissimo, one of Europe's largest health and medical websites. Brotherston will continue with the company as of EVP International Strategy.... (original story)

Return of the Spice Route

Fascinating discussion via Nomura strategist Sean Darby on a new investment theme: Investors are overlooking the domestic growth opportunities of Muslim-dominated countries situated along the ancient Spice Route. We estimate that between 2020F and 2025F, approximately one in every five births will b... (original story)

Farmworkers: Go to New York City, Young Man

I've been messing about with this tool that tries to compare supply and demand for various jobs by geography throughout the U.S. You have to be careful how you interpret it, as the following chart suggesting farmworkers (and animals (sic.)) should race to New York City and San Francisco shows, but i... (original story)

Michael Jackson Is Dead Online, Too

When Michael Jackson died, I wondered how quickly the conversation about him would fade online and how long it would persist on TV “news.” Well, it didn’t take long to see the divergence: TV thinks we’re still buzzing about MJ. But online, we’re not. Here’s Blogpulse on mentions of Michael Jackson: Read the rest of this story » (original story)

Friday Links

North Korea launches beer advert NYSE Cuts Trade Times to 5 Milliseconds NYSE Replaces SuperDOT, Cutting Order-Execution Time to 5 Milliseconds from 105 Swaps’ volatility suggests inflation expectations are rising New research found that more than 25% of mortgage loan defaults are strategic A... (original story)

QOTD: Sampling the Future

The following innocuous sampling theory comment from Andy Gelman set me thinking in a bunch of dimensions today. The question had to with how to handle statistical analysis when your sample population is the entire population, and Andy's answer is important and instructive: So, one way of framin... (original story)

Wells Fargo Gives California July 10 Drop-Dead Date

Nice to have a firm date for when California must have a budget and stop shopping IOUs. Here is Wells Fargo from a release yesterday: Wells Fargo & Company (NYSE:WFC) said today it will accept registered warrants issued by the State of California from its retail and business customers for a limi... (original story)

Zero Down Is a Foreclosure Factor (Duh)

There is a kind of weird OpEd in today’s WSJ by Stan Liebowitz. The professor makes the incredible discovery that zero down payments, 100% LTV financings tend to slide in great numbers into foreclosure: “What is really behind the mushrooming rate of mortgage foreclosures since 2007? The evidence from a huge national database containing millions of [...] (original story)








Search NewsBeet


Browse NewsBeet
About NewsBeet

RSS + Social Media + You

NewsBeet is a platform for building your own news site covering any topic or beat you want. Start your site with topical RSS feeds and we'll do the rest. It's easy, fast, fun and profitable.

About Us
Contact Us
Be a Part of NewsBeet!

Build your own beet