LIVING OFF DIVIDENDS & PASSIVE INCOME

CNN’s money site has an interesting article on insider trading.

David Pajcin had set up an intricate network of spies to provide him with insider information including Businessweek and Merrill Lynch employees, a grand juror and of course strippers. [Whats a wall street story without exotic dancers?]

To read more about the scam Fortune magazine has a little more coverage.

• Should Small Businesses Pay For Health Care? Here's an interesting article in the Washington Post. I'm not sure I agree that Medical Insurers should be applauded for growing their profits 400%+ over the past few years but the fact remains that business profitability remains the core of a strongth economy. In fact, the only way we can......
• Japanese Housewives Burned By Forex Trading The New York Times has an interesting article, Japanese Housewives Sweat in Secret as Markets Reel about housewives losing a lot of money in trading forex.Since the credit crisis started shaking the world financial markets this summer, many professional traders have taken big losses. Another, less likely group of investors......
• San Diego Condo Conversion Craze Cools Off There's a good article in the local paper on how San Diego is saturated with Condo Conversions that aren't selling. There are nearly 7,000 units in 111 complexes sitting on the market. In fact, in some places the developer has decided not to continue to sell them and just keep......

• An Explanation Of Insider Trading And Why It’s Illegal Have you heard about this guy Raj Rajaratnam? He’s a billionaire hedge fund manager who seems to have gotten into trouble because he was engaging in “insider trading”. I was talking with someone about this yesterday and they asked “what is insider trading?” Instead of explaining it to her I......
• Insider Trading: Illegal for You and I, Not for Politicians Just when you think American politics can't get any more infuriating, you hear something like... Between 25% to 40% of U.S. Senators are actively buying and selling common stocks, and on average, Washington insiders (e.g. Congressmen) beat the market index by 1% per month or 12% annually. And who said......
• Weakonomics Web Junction: Restaurant Pwns You I didn't have a chance to put up some links last week because of I was pushed for time.  So this week I'm combing the best from the past two weeks.  Enjoy! Editor's Choice: Restaurants Pwn Your Weaknesses:  My editor's choice is going to Hank over at Own The Dollar......

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