Obama looking at all options for creating jobs

WASHINGTON – President Barack Obama is considering all options to create jobs, including another stimulus package, while trying to pull the economy out of a deep recession and deal with a record deficit, White House advisers said Sunday. ... "You've got this huge national deficit and we've got to do what we can to bring that down. At the same time, it's important to stimulate the economy," Jarrett said. "Let's wait and see. Let's let the recovery bill do its job." Unemployment stands at 9.8 percent, with more than 4 million jobs lost this year. The deficit has reached $1.4...

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"Option" Mortgages To Explode, Officials Warn

WASHINGTON (Reuters) - The federal government and states are girding themselves for the next foreclosure crisis in the country's housing downturn: payment option adjustable rate mortgages that are beginning to reset. "Payment option ARMs are about to explode," Iowa Attorney General Tom Miller said after a Thursday meeting with members of President Barack Obama's administration to discuss ways to combat mortgage scams.

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Investing in China With LEAPS Options

The international stocks are significantly correlated. Stocks around the globe tend to go up and down together or at the same time. If U.S. stocks are rising then international stocks tend to follow, but they may not run at the same pace. Quite often emerging economies run ahead of U.S. stocks. This article will discuss why options may be a great way to leverage growth opportunities and diversify into fast growing emerging economies. Amongst emerging market funds, those concentrating on the "BRIC" economies are the most popular. BRIC stands for Brazil, Russia, India and China. Sometimes an emerging market fund...

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Mr. Taleb Goes to Washington

Nassim Taleb is an unlikely choice to play the Jimmy Stewart role in a 21st-century remake of the Depression-era classic Mr. Smith Goes to Washington [1]. But the tale of a naive do-gooder who tries to remind a corrupt political class of its obligations was re-enacted this week when Taleb attended the Wall Street Journal's Future of Finance conference in Washington, D.C. A French- and Arabic-speaking former options trader with a taste for obscure Greek philosophers and the ambition to be seen as a literary figure, Taleb has grown famous for his book The Black Swan [2], which has sold...

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Introduction to Stock Options

Stock options provide advanced investors with additional opportunities for potentially rewarding returns. But stock options do possess risks that require an in-depth understanding of how they work. This article provides a basic overview of stock options.

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SEC investigating Apple's disclosures regarding CEO Steve Jobs' health issues

"U.S. regulators are examining Apple Inc.’s disclosures about Chief Executive Officer Steve Jobs’s health problems to ensure investors weren’t misled, a person familiar with the matter said," David Scheer and Connie Guglielmo report for Bloomberg. "The Securities and Exchange Commission’s review doesn’t mean investigators have seen evidence of wrongdoing, the person said, declining to be identified because the inquiry isn’t public," Scheer and Guglielmo report. "Investors have been pressing for information on Jobs’s health since June, when he appeared noticeably thinner at an Apple event. The company’s stock whipsawed this month after Jobs, who battled pancreatic cancer in 2004, said...

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SEC intends to temporarily ban short selling

Breaking News: SEC intends to temporarily ban short selling, but it's not clear if the commission has approved the move. Cox is briefing congressional leaders. Separately, the government is seeking congressional authority to buy distressed assets.

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Criminal Probe of Apple Options Is Ended

Excerpt - The Justice Department has ended its criminal investigation of backdated stock options at Apple Inc., deciding not to bring charges against the company or several current and former executives it had been probing for two years, people familiar with the case said. ~ snip ~

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