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Mike Mayo, CLSA’s bank analyst, told Bloomberg TV’s Stephanie Ruhle and Erik Schatzker on “Market Makers” today that “We are about to see a rebirth of shareholder rights…I will be going to the annual meetings for the first time ever.”
Mayo also said, “Come back as a corporate director, you get fired one out of three thousand times, you get paid a lot of money. A lot of times it is [...] In case you didn’t get the memo, “equities have reached a dead end in terms of significant appreciation,” says PIMCO’s Bill Gross. In other words, they’re dead. So go ahead and give up on investing in stocks. Seriously, what are you waiting for? Don’t you know that all other investors bailed already, as evidenced by August’s anemic trading volumes and this year’s near-record inflows into bonds? And that even institutions are joining [...] A breakthrough treatment promises to transform the lives of depression sufferers by probing their brains with electrodes. The drastic therapy is intended for those who have tried medication but seen no improvement in their condition. And after positive results from early trials, the scientist who developed the unorthodox remedy hopes to gain FDA approval soon. Invasive: But inserting electrodes in to the brains of depressive patients could help to relieve their suffering, a [...] From Newsmax: The price of natural gas has dropped below $2 for the first time in more than a decade. A mild winter and production boom has left the U.S. with more natural gas than Americans can consume. Storage facilities are quickly filling up. The glut has pushed down the futures price of gas 59% since it peaked at $4.85 last summer. On Wednesday afternoon, the futures price passed a milestone. Gas fell [...] Why can’t it be the thing that removes the power of the corporations and banksters so that Americans can get back to living fulfilling lives? Why can’t the “decline” of American corporations be a rebirth of the American Spirit? Maybe all the people telling Americans that corporate failures are bad are just the very wealthy people who stand to lose big if those corporations fail. Maybe everyone else would be [...] |
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