Food prices to rise next year


Here is a bloomberg story quoting Jochen Hitzfeld, an analyst at UniCredit SpA in Munich. “Agricultural commodities will outperform the broad commodity indices in 2009,” Hitzfeld wrote in a research note this week. “If key crop-producing countries then impose export bans again and speculators drive up prices via physical stockpiling and futures contracts, new food […]

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Charities Need Your Help


In the spirit of Thanksgiving, I think everyone should consider that as much as the economy and the stock market may be hurting you, its hurting other people and institutions even more, especially charities and non-profits. Judging just from my ability to give money this year, non-profits are in for a world of hurt. This […]

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Who owns these stocks?


After months of internal debate at Goldman, the seven top executives at the firm, including Chief Executive Officer Lloyd Blankfein, asked the board’s compensation committee to grant them no bonuses. The board approved the request on Sunday. The executives will only be eligible for their base salaries, $600,000 for each. A firm spokesman said the […]

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