May 06 U.S. Markets Suffer Unexplained Plunge, Regain Ground by Closing U.S. markets plunged Thursday afternoon amid fears over the Greek debt crisis and a possible trading glitch involving shares of Procter & Gamble. The volatile afternoon left market watchers struggling to make sense of the wild… Continue reading
May 06 Thoughts on Thursday's Wild Market Ride By Paul Solman For anyone visiting my Making Sen$e page Thursday to find out why markets are quaking, allow me to repeat the phrase that ought to be the motto for this page, so often have I used it: Credit comes… Continue reading
May 06 Thursday's Wild Market Ride Paul Solman: For anyone visiting the Business Desk today to find out why markets are quaking, allow me to repeat the phrase that ought to be the motto for this page, so often have I used it: Credit comes… Continue reading
May 06 Picasso Price Helps Paint a Prettier Picture for the Art Market By Molly Finnegan This week, the art market continued to show strong signs of recovery as leading auction houses Sotheby's and Christie's held their Impressionist and Modern art sales, setting records and at least tripling the total brought in by the same auctions… Continue reading
May 06 Watch News Wrap: Senate Democrats Reject GOP Financial Reform Amendment In other news Thursday, Senate Democrats rejected a key Republican amendment to the financial reform bill aimed at the Consumer Financial Protection Agency. Also, Nigeria's acting head of government officially became president of Africa's most populous nation following the death… Continue watching
May 06 Watch Krugman: 'Eurozone Has Big, Big Problems' as Greek Debt Crisis Comes to a Head As Greece struggles to repair its debt crisis, Jeffrey Brown gets two points of view from economists Paul Krugman and Robert Barbera about how the financial and social unrest could impact the European Union and its economy. Continue watching
May 06 Watch After Scare in U.S. Markets, Possible Combination of Causes Investigated As police in Greece used teargas to control new protests late Thursday, U.S. markets went into a wild ride for a few hours. Judy Woodruff examines the possible links and other potential causes for the market unrest with a reporter… Continue watching
May 06 Watch U.S. Markets Plunge Amid Greece Fears, Possible Tech Glitch Stocks plunged then rallied slightly as concerns grew that Greece's ongoing debt crisis would impact the global financial recovery. Also, a possible technical glitch was being investigated by market officials. Jeffrey Brown reports. Continue watching
May 05 Dodd and Shelby Strike Deal on Too Big to Fail After weeks of negotiations, Sens. Chris Dodd (D-Conn.) and Richard Shelby (R-Ala.) reached a bipartisan agreement Tuesday that would put an end to taxpayer bailouts of large, systemically important financial firms. A proposed $50 billion fund that would have… Continue reading
May 05 What Is Open Book Management? Question: Love your piece on Jack Stack and SRC Holdings (watch here and here). I’m interested in the open book management policy. Is there more info somewhere on how to do that… Continue reading