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	<title>Original Signal - Transmitting Finance</title>
	<link>http://finance.originalsignal.com</link>
	<description>Orginal Signal aggregates the 15 most popular Financial sites. The main purpose of the site is to provide 
a quick glance on what's happening without using your desktop/web RSS reader. New headlines (since your 
last cookied visit) come in pretty orange, visited ones are grey. All credits go to the authors of these websites. 
Without their hard work Original Signal would not exist. Original Signal was inspired by Popurls and the Web 2.0 Workgroup.</description>
	<pubDate>Sat, 11 Jul 2009 03:16:25 CEST</pubDate>
	<language>en</language>
	
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  <title>California I.O.U.'s have hit home -- ugh!</title>
  <link>http://www.pheedcontent.com/click.phdo?i=4108112661f59453902e10656a48c378</link>
  <pubDate>Sat, 11 Jul 2009 00:32:36 CEST</pubDate>
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  Filed under: Other issues, Bad news, Management, Rants and raves, Scandals, Politics, Headline news, Recession, Financial CrisisIt was bound to happen. It is probably unavoidable for anyone to escape the cloud of California I.O.U.'s. Today one of my investment partners informed me that we received an I.O.U. from the State for space they lease in an office building where the State is one of the major tenants.I'm sure our lender will be more than happy to take the I.O.U. instead of our regular mortgage payment -- for now -- maybe.Continue reading California I.O.U.'s have hit home -- ugh!California I.O.U.'s have hit home -- ugh! originally appeared on BloggingStocks on Fri, 10 Jul 2009 18:00:00 EST.  Please see our terms for use of feeds.Permalink&nbsp;|&nbsp;Email this&nbsp;|&nbsp;Comments                ]]></content:encoded>
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  <title>Pimco's Kiesel says: "sell your junk."</title>
  <link>http://www.pheedcontent.com/click.phdo?i=4c5907065d15bed5483d4ed1ef061b50</link>
  <pubDate>Sat, 11 Jul 2009 00:02:35 CEST</pubDate>
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  Filed under: Money and Finance Today, Housing, RecessionMark Kiesel, at Pimco's Pacific Investment Management Company says it's best to sell your junk bonds now. Why is he saying this? The key factor is that economic growth is not there. Kiesel looks for only 1-2% growth in GDP next year.All of this talk about "green shoots" simply is not materializing. Kiesel says the "green shoots" are turning to weeds. He further said that credit is not re circulating. Business financing costs range from 10-12%, making it difficult for some businesses to stay afloat. Continue reading Pimco's Kiesel says: "sell your junk."Pimco's Kiesel says: "sell your junk." originally appeared on BloggingStocks on Fri, 10 Jul 2009 17:40:00 EST.  Please see our terms for use of feeds.Read&nbsp;|&nbsp;Permalink&nbsp;|&nbsp;Email this&nbsp;|&nbsp;Comments                ]]></content:encoded>
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  <title>Consumer sentiment down, according to everyone</title>
  <link>http://www.pheedcontent.com/click.phdo?i=c7fe4be30b4a8bee52242e2bec2190e4</link>
  <pubDate>Sat, 11 Jul 2009 00:02:35 CEST</pubDate>
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  Filed under: Recession, Financial CrisisThere are two competing positions on consumer sentiment right now. One is that it turned south last week, as people worried about their jobs - always a bad sign for spending. The other is that consumer sentiment didn't crap out in July: it fizzled in May. So, it's not a question of whether consumers aren't confident in the U.S. economic machine, it's just a matter of when the collective mood changed. The July camp is set up around the Reuters/University of Michigan Surveys of Consumers, which makes now the weakest point for consumer sentiment since March. Those who favor May look to domestic demand for foreign goods, which went soft two months ago,  bringing the monthly trade deficit to its narrowest since 1999. The U.S. trade gap unexpectedly tightened to $26 billion in May, with exports up 1.6% and imports down 0.6%, according to the U.S. Department of Commerce.Continue reading Consumer sentiment down, according to everyoneConsumer sentiment down, according to everyone originally appeared on BloggingStocks on Fri, 10 Jul 2009 17:20:00 EST.  Please see our terms for use of feeds.Read&nbsp;|&nbsp;Permalink&nbsp;|&nbsp;Email this&nbsp;|&nbsp;Comments                ]]></content:encoded>
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  <title>Regis equity raise offers lessons, stock still a sell</title>
  <link>http://www.pheedcontent.com/click.phdo?i=72a4609b18b81b1b0ba2693188ad3286</link>
  <pubDate>Fri, 10 Jul 2009 23:32:36 CEST</pubDate>
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  Filed under: Competitive strategy, Stocks to SellPaul Foster says that options activity in salon company Regis Corporation (NYSE: RGS) indicates the stock is likely to have non-directional price movements over the short-term, following the company's announcement of a stock and debt offering. That could very well be true, but I think the short-term is overanalyzed, and the long-term story here is much clearer -- and Regis offers two important lessons about how to better-analyze the financing and operations of a company.I was first introduced to Regis about a year ago, when the stock was part of a portfolio of about 35 positions I inherited responsibility for. As I went through the holdings and segmented them out into categories of attractiveness, Regis was consistently ranked near the bottom. The industry itself was unattractive, and the way the company implemented its strategy seemed to leave it particularly vulnerable to adverse financial markets.Continue reading Regis equity raise offers lessons, stock still a sellRegis equity raise offers lessons, stock still a sell originally appeared on BloggingStocks on Fri, 10 Jul 2009 17:00:00 EST.  Please see our terms for use of feeds.Permalink&nbsp;|&nbsp;Email this&nbsp;|&nbsp;Comments                ]]></content:encoded>
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  <title>Should CIT Be Saved? I Think Not</title>
  <link>http://seekingalpha.com/article/148173-should-cit-be-saved-i-think-not?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 23:02:36 CEST</pubDate>
  <guid isPermaLink="false">http://seekingalpha.com/article/148173-should-cit-be-saved-i-think-not?source=feed</guid>
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  Tom Lindmark submits:The current dustup over CIT will tell us a lot about the intentions of the Treasury with respect to the banking industry. If you aren&rsquo;t familiar with the story, CIT (CIT)  converted to a bank holding company last year in order to qualify for TARP funds and the other goodies that supposedly come with that Charter. It got about $2.3 billion of TARP funds but the other plum it had its eyes on was participation in the Temporary Liquidity Guarantee Program. This is the program under which the FDIC guarantees the debt of the issuing financial institution. It was heavily used by the banks at the height of the crisis to raise new debt as a means of shoring up their capital ratios.Complete Story &raquo;    ]]></content:encoded>
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  <title>More iPhone Apps = Less TV, Newspapers and Everything Else</title>
  <link>http://seekingalpha.com/article/148172-more-iphone-apps-less-tv-newspapers-and-everything-else?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 23:02:36 CEST</pubDate>
  <guid isPermaLink="false">http://seekingalpha.com/article/148172-more-iphone-apps-less-tv-newspapers-and-everything-else?source=feed</guid>
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  Peter Kafka submits: By Peter Kafka You knew this intuitively. But interesting to see the numbers: The more time iPhone users spend with their apps, the less time they spend watching TV, reading newspapers, using PCs and pretty much everything else.Complete Story &raquo;    ]]></content:encoded>
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  <title>Consumer Confidence Fading</title>
  <link>http://seekingalpha.com/article/148171-consumer-confidence-fading?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 23:02:36 CEST</pubDate>
  <guid isPermaLink="false">http://seekingalpha.com/article/148171-consumer-confidence-fading?source=feed</guid>
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  Tim Iacono submits: After improving steadily through the spring when &quot;green shoots&quot; were abundant, the mood of the American consumer darkened suddenly in July as indicated by the Reuters/University of Michigan consumer sentiment index which tumbled more than six points.The overall index was down from 70.8 in June to a mid-July reading of 64.6, however, the important &quot;expectations&quot; component paced the decline, down more than eight points, from 69.2 to 60.9, as hopes for a second half recovery continue to dim.Rising unemployment, continuing waves of foreclosures, rising gasoline prices, and a flagging stock market all contributed to pushing this index below the level seen during the three months of spring when the average reading was over 68.Complete Story &raquo;    ]]></content:encoded>
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  <title>What will happen if Baby Boomers retire with 401Ks that look like 201Ks?</title>
  <link>http://www.pheedcontent.com/click.phdo?i=feaa44054da5ad16a8651ba10379b52a</link>
  <pubDate>Fri, 10 Jul 2009 23:02:36 CEST</pubDate>
  <guid isPermaLink="false">http://www.pheedcontent.com/click.phdo?i=feaa44054da5ad16a8651ba10379b52a</guid>
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  <content:encoded><![CDATA[
  Filed under: Forecasts, Employees, Politics, RecessionAcademics, being a privileged and rarefied lot, almost by second nature consistently look down the field. Hey, it's what one is supposed to do when one has lifetime job security and is freed of many of the burdens that occupy most others in the American workforce. For the above reasons, and others, academics tend to see things others don't. Case in point: the slumping stock market, the U.S. recession, and decidedly less-cash-flush credit markets.Continue reading What will happen if Baby Boomers retire with 401Ks that look like 201Ks?What will happen if Baby Boomers retire with 401Ks that look like 201Ks? originally appeared on BloggingStocks on Fri, 10 Jul 2009 16:40:00 EST.  Please see our terms for use of feeds.Permalink&nbsp;|&nbsp;Email this&nbsp;|&nbsp;Comments                ]]></content:encoded>
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  <title>How much of an exit package should Richard Wagoner get?</title>
  <link>http://www.pheedcontent.com/click.phdo?i=7ef9fe44ebd5c8abeb8dd705f4f29b6c</link>
  <pubDate>Fri, 10 Jul 2009 23:02:36 CEST</pubDate>
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  <content:encoded><![CDATA[
  Filed under: General Motors (GM)Nearly four months after being pushed out as CEO, former General Motors head honcho Richard Wagoner is still officially an employee of the company. The reason? The company is still trying to figure out how much it has to give him to go away and keep his mouth shut.The Wall Street Journal reports (subscription required) that "GM is keeping Mr. Wagoner on staff -- albeit only technically -- as the government decides on pay and benefit criteria for the company's top officers, obligations that will be the responsibility of the new GM once it emerges from bankruptcy protection, company spokeswoman Julie Gibson said."Wagoner could be eligible for pension benefits valued at around $20 million, but GM and the United States government have concluded that that's simply too much to pay someone for destroying a company.It's not yet clear how much Wagoner will end up settling for but one thing is certain: It will be far, far more than he would receive in any merit-based system.If Richard Wagoner gets a Greyhound bus ticket to haul himself back to Delaware, it will be way, way too much.How much of an exit package should Richard Wagoner get? originally appeared on BloggingStocks on Fri, 10 Jul 2009 16:20:00 EST.  Please see our terms for use of feeds.Read&nbsp;|&nbsp;Permalink&nbsp;|&nbsp;Email this&nbsp;|&nbsp;Comments                ]]></content:encoded>
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  <title>Consumer Sentiment Dips Again</title>
  <link>http://seekingalpha.com/article/148170-consumer-sentiment-dips-again?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 22:32:37 CEST</pubDate>
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  Jordan Kahn submits: The market is trading lower this morning after the Michigan Consumer Sentiment index dropped to 64.6 in July, versus consensus for 70.0.  This datapoint seemed to move the market more than the U.S. trade data that came out, and showed the trade deficit fell in May as exports picked up.In corporate news, GM (GMGMQ.PK) is exiting bankruptcy after just 40 days, with a new corporate structure and improved balance sheet. Financials stocks are lower after the WSJ reported that firms looking to buy back the warrants held by the govt. are complaining the Treasury is demanding too high a price. Also, there is chatter that CIT (CIT) may not be able to get FDIC backing on its bond issuance.Complete Story &raquo;    ]]></content:encoded>
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  <title>Infosys Technologies Ltd. F1Q10 (Qtr End 6/30/09) Earnings Call Transcript</title>
  <link>http://seekingalpha.com/article/148169-infosys-technologies-ltd-f1q10-qtr-end-6-30-09-earnings-call-transcript?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 22:32:37 CEST</pubDate>
  <guid isPermaLink="false">http://seekingalpha.com/article/148169-infosys-technologies-ltd-f1q10-qtr-end-6-30-09-earnings-call-transcript?source=feed</guid>
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  Infosys Technologies Ltd. (INFY)F1Q10 Earnings Call July 10, 2009 8:30 am ETComplete Story &raquo;    ]]></content:encoded>
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  <title>Closing Update for Friday, July 10</title>
  <link>http://seekingalpha.com/article/148168-closing-update-for-friday-july-10?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 22:32:37 CEST</pubDate>
  <guid isPermaLink="false">http://seekingalpha.com/article/148168-closing-update-for-friday-july-10?source=feed</guid>
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  Brooks McFeely submits:4:02 PM, Jul 10, 2009 --   DJIA down 36.88 (0.45%) to 8,146.29.S&amp;P 500 down 3.59 (0.41%) to 879.09.Nasdaq up 3.48 (0.20%) to 1,756.03.GLOBAL SENTIMENT  Complete Story &raquo;    ]]></content:encoded>
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  <title>Priming the Pump for $20/Gal. Gas: Interview with Chris Steiner</title>
  <link>http://seekingalpha.com/article/148167-priming-the-pump-for-20-gal-gas-interview-with-chris-steiner?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 22:32:37 CEST</pubDate>
  <guid isPermaLink="false">http://seekingalpha.com/article/148167-priming-the-pump-for-20-gal-gas-interview-with-chris-steiner?source=feed</guid>
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  Hard Assets Investor submits: By Lara CriggerAs you're filling up your tank this weekend, it'll be hard not to think about the cost. Back when gas was $4/gallon, many of us made seemingly radical changes to our lifestyle, cutting back how much we went out to eat, riding the subway more, even moving closer to work. Complete Story &raquo;    ]]></content:encoded>
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  <title>Populism vs. Bernanke, Round Two</title>
  <link>http://seekingalpha.com/article/148166-populism-vs-bernanke-round-two?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 22:32:37 CEST</pubDate>
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  Tyler Durden submits: It seems just yesterday that Ben Bernanke was rehearsing for the role of the Alzheimer's patient antagonist in Joel Schumacher's latest mad scientist-becomes-insane global dictator B-grade movie, before the House Committee on Oversight and Government Reform, after firing back with a catatonic &quot;I don't recall&quot; after catatonic &quot;I don't recall&quot; when asked to remember even one of the events in what historians will likely one day consider among the most critical 24 hours for modern capitalism. Many thought that this spectacle was merely a way for politicians to score populist points in a McCarthyesque witch hunt sequel of the villain de jour play. It seems they were wrong.A letter submitted yesterday by members of Congress is now demanding an in-depth investigation into whether the &quot;Federal Reserve has overstepped its authority and abused its power under current law (where it already wields considerable regulatory strength and broad authority)&quot; especially now that the President, under the guidance of certain individuals of his financial advisory committee, is hellbent on &quot;concentrating extensive new power in the hands of one regulatory entity with little to no direct accountability to the public.&quot;Complete Story &raquo;    ]]></content:encoded>
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  <title>Japan (And Its ETF): Continued Weakness</title>
  <link>http://seekingalpha.com/article/148165-japan-and-its-etf-continued-weakness?source=feed</link>
  <pubDate>Fri, 10 Jul 2009 22:32:37 CEST</pubDate>
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  Carl T. Delfeld submits:  Japan has notched up five sequential quarters of decline. This is due to more than slipping demand from overseas. Orders from manufacturers, which tend to focus on exports, rose in May from the previous month. By contrast, orders from sectors such as construction and telecommunications which are a good proxy for domestic demand, fell 7 percent. This suggests continued significant excess capacity, the culprit of Japan&rsquo;s economic dilemma. The world&rsquo;s second-biggest economy has an output gap, on the government&rsquo;s reckoning, in excess of 8 percent.  Light order books are a reflection of weak capital expenditure plans, as recently highlighted in Japan&rsquo;s quarterly Tankan survey of business sentiment Government spending cannot fill the gap given Japan&rsquo;s huge debt burden equal to 185% of GDP. Public sector orders dropped 11 percent month on month in May, although this followed a 22 percent increase in April.  Japanese equity markets and EWJ had fallen by midweek six consecutive days. Japanese loan growth is also decelerating, in part as companies and households grow more reluctant to borrow and spend. Corporate bankruptcies, meanwhile, continue to soar: more than 1,400 companies went bust last month, up 7 percent from a year ago.Complete Story &raquo;    ]]></content:encoded>
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