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5Vote!

Elizabeth Warren: The End of the Middle Class

John Lounsbury submits: Read it in the Huffington Post ( here ). Elizabeth Warren details some of the data that documents the economic disaster that is rotting the economic foundation of the U.S that was built in the last century. The has been discussed by other authors, including some here on Seeking Alpha (see James Quinn here and here , and this author for examples), but few have...

3Vote!

Gold acquires new investment aura

By James Quinn, US Business Editor Published: 5:34PM GMT 29 Nov 2009 Gold ingots of various weights,. Investors see it as a safe haven in unsettled times Photo: Julian Simmonds Although the British-based bank has decided to stop retail investors depositing the shiny stuff at its New York vaults in favour of storing gold for higher paying institutional customers, it has not stopped the...

3Vote!

Dictionary of Irish Biography

... the earliest times to 2002. Compiled under the auspices of the Royal Irish Academy and edited by James McGuire and James Quinn, the entries vary from short summaries to detailed assessments, depending on the significance of a particular subject. J.J. Lee, Director, Glucksman Ireland House and Glucksman Professor of Irish Studies, New York University: “Imaginatively conceived,...

3Vote!

Lehman to thaw $11bn of frozen assets

By James Quinn, US Business EditorPublished: 9:17PM GMT 24 Nov 2009PricewaterhouseCoopers (PwC), which is handling the administration of Lehman Brothers International, the defunct bank's European arm, is proposing to allow investors to reclaim assets that were locked up in custody accounts. PwC has proposed that the hundreds of hedge funds involved now take vote on the plan, which has...

3Vote!

Cowen launches biography dictionary

Taoiseach Brian Cowen with James McGuire and James Quinn, editors of The Dictionary of Irish Biography. The book is made up of 9,700 biographies spanning 2,000 years of Irish history and took 12 years to compile.Photograph: Alan Betson

3Vote!

Lehman claims may total up to 1 trilllion

By James Quinn, US Business EditorPublished: 8:51PM GMT 19 Nov 2009Bryan Marsal, Lehman's chief executive and co-chief executive at turnaround specialists Alvarez & Marsal, has so far received more than 64,000 claims from creditors against Lehman worth $824bn. However, the likelihood of any of these claims ever being paid in full looks remote, given Lehman has cash holdings of just $16bn,...

3Vote!

China bans Microsoft from selling operating systems

By James Quinn, US Business EditorPublished: 7:32PM GMT 18 Nov 2009Hard line: software group Microsoft has been banned from selling some of its products, such as Windows XP, by the Chinese authoritiesPhoto: PAThe US software giant must not sell versions of Windows XP, 2003, 2000 or 98 software in the Asian super-economy after a Beijing court ruled the products include Chinese fonts designed...

3Vote!

Cadbury shares rise as Hershey and Ferrero eye bid

By James Quinn in New York and Ben HarringtonPublished: 8:15AM GMT 18 Nov 2009Ferrero, the maker of Ferrero Rocher chocolates, is looking to team up with Hershey in a bid for Cadbury.America confectioner Hershey and Ferrero, the Italian chocolatier, are considering a joint bid for Cadbury in a move that looks set to rekindle one of the year’s biggest takeover battles. Shares in Cadbury...

3Vote!

Hershey and Ferrero plot joint bid for Cadbury

By James Quinn in New York and Ben HarringtonPublished: 12:19AM GMT 18 Nov 2009 Ferrero, the maker of Ferrero Rocher chocolates, is looking to team up with Hershey in a bid for Cadbury. AMERICAN confectioner Hershey and Ferrero, the Italian chocolatier, are considering a joint bid for Cadbury in a move that looks set to rekindle one of the year’s biggest takeover battles. Hershey, the...

3Vote!

Barclays accused of taking unfair advantage in Lehman purchase

By James Quinn, US Business EditorPublished: 4:40PM GMT 17 Nov 2009The lawsuit, which follows earlier similar claims by Lehman's liquidators Weil, Gotshal & Manges, accuses Barclays Capital, the investment banking arm of the UK bank, of receiving excess security assets of as much as $7bn and a further $5bn of assets added to the deal during and after the sale. BarCap paid $1.75bn to buy...

3Vote!

"Telling the Truth Is A Revolutionary Act"

"Telling the Truth Is A Revolutionary Act" By James Quinn "An interesting development in the last year is the almost panic buying of guns and ammunition. The "Washington Post" detailed this development in a recent article: “In a year of job losses, foreclosures and bag lunches, Americans have spent record-breaking amounts of money on guns and ammunition....

3Vote!

Barack Obama pledges to tackle Beijing on...

Barack Obama pledges to tackle Beijing on yuan Barack Obama, the US President, will confront Chinese officials on the divisive subject of the yuan next week in a bold move which could anger America's largest creditor. By James Quinn, US Business Editor Published: 12:09AM GMT 10 Nov 2009 President Obama, who, since taking office in January, has resisted branding the Chinese government...

3Vote!

Markets hit year highs on Buffett advice

By James Quinn, US Business Editor Published: 7:31PM GMT 13 Nov 2009The world's second-richest man argued that the "financial panic is behind us", urging investors not to pass on companies that seem attractive as "the bottom has come in stocks". Sitting alongside the planet's richest man, Bill Gates, during a CNBC debate, Mr Buffett admitted that while last Autumn's stock market fall...

5Vote!

Six Reasons To Say No To Your Doctor

... have people dying all over the place," says Stanford University emergency medicine specialist James Quinn, who has developed a set of rules to pluck out patients at high risk.

3Vote!

Single US banking regulator proposed

By James Quinn, US Business EditorPublished: 9:42PM GMT 10 Nov 2009 A powerful US senator is proposing the Federal Reserve, pictured, is stripped of the majority of its regulatory powers Senator Chris Dodd, chairman of the influential Senate Banking Committee, believes that both the Fed and the Federal Deposit Insurance Corporation should have the majority of their involvement with bank...