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	<title>Wall Street Pit</title>
	
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	<pubDate>Sun, 22 Nov 2009 02:44:54 +0000</pubDate>
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		<title>Rethinking The Wall Street Business Model (Part I)</title>
		<link>http://wallstreetpit.com/12334-rethinking-the-wall-street-business-model-part-i</link>
		<comments>http://wallstreetpit.com/12334-rethinking-the-wall-street-business-model-part-i#comments</comments>
		<pubDate>Sun, 22 Nov 2009 02:34:21 +0000</pubDate>
		<dc:creator>Roger Ehrenberg</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12334</guid>
		
			<content:encoded><![CDATA[&#8220;Too Big To Fail.&#8221; &#8220;Shrink Wall Street.&#8221;" Ban credit default swaps.&#8221; These are just a few of the themes dominating the discussion around the Wall Street business model. They all, unfortunately, miss the point. Size, scale, and instruments that properly used help manage...<div class="feedflare">
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		<item>
		<title>Schiff: Roubini Doesn’t Understand the Fundamentals Behind Gold</title>
		<link>http://wallstreetpit.com/12333-schiff-roubini-doesnt-understand-the-fundamentals-behind-gold</link>
		<comments>http://wallstreetpit.com/12333-schiff-roubini-doesnt-understand-the-fundamentals-behind-gold#comments</comments>
		<pubDate>Sun, 22 Nov 2009 02:15:49 +0000</pubDate>
		<dc:creator>editor</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[Top Articles]]></category>

		<category><![CDATA[Video]]></category>

		<category><![CDATA[Carry Trades]]></category>

		<category><![CDATA[Nouriel Roubini]]></category>

		<category><![CDATA[Peter Schiff]]></category>

		<category><![CDATA[Tim Geithner]]></category>

		<category><![CDATA[video]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12333</guid>
		
			<content:encoded><![CDATA[Here is Peter Schiff taking on Nouriel Roubini, on the subject of gold. Roubini believes asset prices, including gold, have risen too much, too soon and too fast compared with macroeconomic fundamentals. Fueling this &#8212; as Roubini calls it &#8212; &#8216;asset bubble&#8217; is the weakness of...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/kJHCwuNm-uE" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>And Day After Day, the Debt Builds Up</title>
		<link>http://wallstreetpit.com/12328-and-day-after-day-the-debt-builds-up</link>
		<comments>http://wallstreetpit.com/12328-and-day-after-day-the-debt-builds-up#comments</comments>
		<pubDate>Sat, 21 Nov 2009 18:57:56 +0000</pubDate>
		<dc:creator>Bill Bonner</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[boomers]]></category>

		<category><![CDATA[debt crisis]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12328</guid>
		
			<content:encoded><![CDATA[Okay! We’ll say what we’ve been thinking…
…that our children are going to spit on our graves!
First, Americans made a colossal mistake in the ’90s and the ’00s. They partied…they spent…they borrowed…running up huge debts in the private sector. Most kids could forget about inheriting anything from...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/tScFgZ01PNk" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Behind the Numbers: Month to Date Market Review (Nov.21)</title>
		<link>http://wallstreetpit.com/12327-behind-the-numbers-month-to-date-market-review-nov-21</link>
		<comments>http://wallstreetpit.com/12327-behind-the-numbers-month-to-date-market-review-nov-21#comments</comments>
		<pubDate>Sat, 21 Nov 2009 18:36:22 +0000</pubDate>
		<dc:creator>Larry Doyle</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Read Me]]></category>

		<category><![CDATA[Wall Street]]></category>

		<category><![CDATA[market update]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12327</guid>
		
			<content:encoded><![CDATA[America is unimpressed by the rebound in the equity markets. Why? The economic data, no matter how heavily massaged, indicate many consumers and businesses are increasingly strapped and insecure. In light of that, the average American neither trusts the markets nor the public officials overseeing...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/qVmqKc8yL60" height="1" width="1"/>]]></content:encoded>
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		<title>Commerce Bank of Southwest Florida Fails; 124th of 2009</title>
		<link>http://wallstreetpit.com/12325-commerce-bank-of-southwest-florida-fails-124th-of-2009</link>
		<comments>http://wallstreetpit.com/12325-commerce-bank-of-southwest-florida-fails-124th-of-2009#comments</comments>
		<pubDate>Sat, 21 Nov 2009 07:47:19 +0000</pubDate>
		<dc:creator>editor</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[bank failure]]></category>

		<category><![CDATA[FDIC]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12325</guid>
		
			<content:encoded><![CDATA[State regulators shuttered Commerce Bank of Southwest Florida in Fort Myers, Fla., Friday night, bringing the number of failures so far this year to 124.
To protect the depositors, the FDIC entered into a purchase and assumption agreement with Central Bank, Stillwater, Minnesota, to assume all of...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/ndl3DcR2zLE" height="1" width="1"/>]]></content:encoded>
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		</item>
		<item>
		<title>Fear and Loathing in Global Warming</title>
		<link>http://wallstreetpit.com/12324-fear-and-loathing-in-global-warming</link>
		<comments>http://wallstreetpit.com/12324-fear-and-loathing-in-global-warming#comments</comments>
		<pubDate>Sat, 21 Nov 2009 07:38:50 +0000</pubDate>
		<dc:creator>Duncan Davidson</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[World]]></category>

		<category><![CDATA[global warming]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12324</guid>
		
			<content:encoded><![CDATA[There is an old adage: You can never trust the Left.
It has just been proven true again with Global Warming. Think of all the righteous indignation at skeptics, the mocking and demonization of critics, the strident alarmism, the need for urgent measures, the maudlin fawning over polar bears, and...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/mvVAkaUrYOY" height="1" width="1"/>]]></content:encoded>
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		<title>The Fed in a Corner</title>
		<link>http://wallstreetpit.com/12323-congress-made-the-fed-congress-can-unmake-it</link>
		<comments>http://wallstreetpit.com/12323-congress-made-the-fed-congress-can-unmake-it#comments</comments>
		<pubDate>Sat, 21 Nov 2009 05:17:43 +0000</pubDate>
		<dc:creator>Tim Duy</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[Fed Watch]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12323</guid>
		
			<content:encoded><![CDATA[Over the years, I have warned a seemingly countless number of undergraduates that Fed&#8217;s hold on monetary independence was tenuous at best.  Independence is not guaranteed by the Constitution.  Congress made the Fed, and Congress can unmake the Fed.   The Fed could only maintain the privilege...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/Of_TQT-TctE" height="1" width="1"/>]]></content:encoded>
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		<title>The Bare Branches of China</title>
		<link>http://wallstreetpit.com/12322-china-will-blow-up-before-it-grows-up</link>
		<comments>http://wallstreetpit.com/12322-china-will-blow-up-before-it-grows-up#comments</comments>
		<pubDate>Sat, 21 Nov 2009 01:13:46 +0000</pubDate>
		<dc:creator>Bill Bonner</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[World]]></category>

		<category><![CDATA[China]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12322</guid>
		
			<content:encoded><![CDATA[Last month, a Hong Kong apartment set a record. It sold for $56.6 million, which works out to $11,350 per square foot – the highest price ever paid for a pad in China. The buyer may have just needed a roof over his head. More likely, he is bullish on China. We are too, in [...]<div class="feedflare">
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		<item>
		<title>Health Care Bills: A Year Makes a Big Difference</title>
		<link>http://wallstreetpit.com/12321-health-care-bills-a-year-makes-a-big-difference-in-the-gross-coverage-costs</link>
		<comments>http://wallstreetpit.com/12321-health-care-bills-a-year-makes-a-big-difference-in-the-gross-coverage-costs#comments</comments>
		<pubDate>Sat, 21 Nov 2009 00:40:14 +0000</pubDate>
		<dc:creator>Donald Marron</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[budget]]></category>

		<category><![CDATA[CBO]]></category>

		<category><![CDATA[Health]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12321</guid>
		
			<content:encoded><![CDATA[The coverage provisions in the Senate health bill have a much lower ten-year cost that do the coverage provisions in the House bill. According to the Congressional Budget Office (CBO), the coverage provisions in the Senate bill will cost $848 billion from 2010 through 2019, while the corresponding...<div class="feedflare">
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		<category domain="http://rss.financialcontent.com/stocksymbol">CBO</category></item>
		<item>
		<title>A Kindle Under Every Tree?</title>
		<link>http://wallstreetpit.com/12320-a-kindle-under-every-tree</link>
		<comments>http://wallstreetpit.com/12320-a-kindle-under-every-tree#comments</comments>
		<pubDate>Sat, 21 Nov 2009 00:25:30 +0000</pubDate>
		<dc:creator>Ockham Research</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Wall Street]]></category>

		<category><![CDATA[amazon.com]]></category>

		<category><![CDATA[Apple]]></category>

		<category><![CDATA[Barnes & Noble]]></category>

		<category><![CDATA[eReader]]></category>

		<category><![CDATA[Kindle]]></category>

		<category><![CDATA[Microsoft]]></category>

		<category><![CDATA[Sony]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=12320</guid>
		
			<content:encoded><![CDATA[Barnes &#38; Noble (BKS) reported today that their new eReader product has sold out of the entire supply for delivery before the holidays.  This may be a positive sign for Barnes &#38; Noble in the long run as demand appears to be quite strong, but it is clear that production limitations are...<div class="feedflare">
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		<category domain="http://rss.financialcontent.com/stocksymbol">BKS</category></item>
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