Wacky Overstock.com CEO vindicated by SEC, not WIkipedia [The Sum Of All Human Knowledge]
Patrick Byrne, the CEO of Overstock.com, has popularized the notion that “naked shorts” are ruining Wall Street. In the process, though, he also popularized the notion that he was a paranoid nutjob [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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Ask the Fool Bulls and Bears, Oh My
Q: What do the terms "bull" and "bear" mean? - A.B., Tucson, Ariz.A: You're a bull, or "bullish," on a particular stock or the market if you expect it to go up. A "bear" is pessimistic, perhaps expecting a market drop soon. We Fools are not interested in guessing what the market will do in the short term, but we are long-term bulls. Over many decades, the stock market has returned an average of
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Banks Not in Crisis over ‘Margin Loans’, Say CEOs
Chief Executive Officers (CEOs) of banks in the country yesterday dispelled speculations that following the recent steep fall in stock prices, banks had incurred monumental losses from share purchase loans granted investors.
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