Google CEO Eric Schmidt discusses his company’s direction and explains its strategic decision to keep Google.com free from advertising.
Pt. 1
http://www.cnbc.com/id/15840232?video=822974127
Pt. 2
http://www.cnbc.com/id/15840232?video=822980642
By Bennet SedaccaEditor’s note: Minyanville Professor Rob Roy contributed to this article.
1. Stocks are firmly in a downtrend.
The S&P 500 is down roughly 20% from the market peak on October 11, 2007.
2. Corporate spreads are rapidly widening.
Investment grade bonds yielded as little as 0.30% more than U.S. Treasuries did back in 2003 - but are now as much as 2.30% above U.S. Treasury rates.
3. Everyone I know is saying “All is well, buy America.”
The crowd is usually wrong at extremes.
4. European equities are taking out the lows of the year.
European large cap stocks are now down more than 28% after peaking on June 20, 2007.
Last updated at 23:18pm on 11th April 2008 
Comments (2)
Cecil Rhodes, the businessman-imperialist of Africa, the creator of Rhodesia, suffered no flicker of doubt about who were the masters. “To be born an Englishman,” he mused, “Is to win first prize in the lottery of life.”
It wasn’t idle boasting. In the jingoistic triumphalism of the late 19th century, when waving the Union Jack was a simple pleasure, people sang: “Rule Britannia! Britannia, rule the waves” without any irony. It was a statement of fact.
A quarter of mankind lived under the British flag in the largest empire the world had ever known.
If i’m not wrong, last thursday BSC was about 60 per share. Followed by friday margin call, the share drop about 50% to 30 per share. And yesterday another GREAT news comes from wall street that JP Morgan acquisition BSC for $2 per share 
This is amazing story for a big giant Bear Sterns, I’m sorry if you are a BSC share holder. Nobody would expect BSC could fall so easily within 2 business days.
The same thing happen to TMA Thornburg Mortgage weeks back, margin call, $12 per share until today’s $2+ per share. However, he still survive and I do hope he can survive in this crisis.
And we’ll see what the Fed can do…
I’ve been watching TMA recently.
It gets worse for Thornburg Mortgage. The residential-mortgage REIT, which invests primarily in adjustable-rate mortgages, said it will have to restate financial results for 2006 and 2007, adding that it has doubts “about its ability to remain a going concern.”
That “going concern” phrase is never one anyone wants to hear. Somewhat counterintuitively, the stock rose a bit after the news was released, but it dropped off shortly after, lately down 16% on the day. Thornburg shares have been battered in recent days as short-term funding dried up and the company was forced into margin calls, which triggered defaults with other creditors. The stock has lost 85% of its value in a week.
And herein lies the peril of mark-to-market accounting. The company says “difficult market conditions that have resulted in a significant deterioration of prices of mortgage-backed collateral.” Market strategists have pointed out often that the assets in question being held — in Thornburg’s case, adjustable-rate mortgages with high credit ratings — are being priced at levels that reflect the expectation of a higher rate of defaults than most expect.
There’s been a whole lot of pain in the market of late, forcing a lot of folks to sell stocks.
While there are always good reasons to sell, today I’d like to ponder three dumb reasons to sell.
1. I’m selling because the price is going down
Selling Morgan Stanley (NYSE: MS) or Bear Stearns (NYSE: BSC) because you think there will be more subprime pain to come — pain not reflected in the current price — is perfectly sensible. These companies created a mess for themselves, and their shareholders have been feeling the pain.
by Ben Stein
“These are the times that try men’s souls.” So said a great patriot, Thomas Paine, during the difficult days of the United States’ infancy.
Now we’re enduring trying times for investors. Scary, unsettling times. The market, as I write this, as measured by the Dow, is down about 14 percent from its high last fall. Unemployment is up, although still at a low level by postwar standards. The volatility in the market is breathtaking, with 200 points up or down on the Dow now routine.
Stress, Mania, Terror
Foreign markets are no longer the haven they have been for the last several years. Emerging markets have taken wild swings, often down, and even my favorite, the EFA — the exchange traded fund for large companies in developed European nations, Australia, Japan, and New Zealand — has been under severe stress.
Company: EXACT ENERGY RES INC
Ticker: EXER.PK (Pink Sheets)
Yahoo Finance: http://finance.yahoo.com/q?s=EXER.PK
Company Websites: http://www.exactenergy.us/
Last week’s stock made a gain of almost 300% within the week.
That stock was centered around the world problem of counterfeit
goods.
What I have today is about an even bigger World crisis… Oil
As of today the price of Crude oil is $90.81 per barrel.
The price of crude oil has rocket ted due mostly to simple supply
and demand. As more and more countries become industrialized the
demand for oil has risen… At the same time oil supplies are
running out.
Needless to say, with oil retailing now at $90 , more wells will
be drilled in deeper, harder to reach places than were previously
profitable.
By DoublingStocks
Company: ID GLOBAL CORP
Ticker: IDGJ.PK (Pink Sheets)
Yahoo Finance: http://finance.yahoo.com/q?s=IDGJ.PK
Company Websites: http://www.idglobalcorp.com/
http://www.idforensix.com/
Finally with the Christmas period over, this week Marl found
a number of stocks with strong technicals. I sifted through the
list and a certain stock caught my eye.
But first I need to explain, about two technologies this firm
owns (FORENSICS & Na no-Molecular Markers).
Each year $800 billion is lost in the manufacturing industry
due to counterfeiting of goods. With clothing companies
(for example) investing billions in building their brand and
recognition… it has became a lucrative market for foreign firms
to produce counterfeits.
… Which essentially piggy back on the millions of dollars every
clothing firm spends on marketing their brand and intellectual property.