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Tansy_Gold

(17,862 posts)
Sun May 10, 2015, 06:11 PM May 2015

STOCK MARKET WATCH -- Monday, 11 May 2015

[font size=3]STOCK MARKET WATCH, Monday, 11 May 2015[font color=black][/font]


SMW for 8 May 2015

AT THE CLOSING BELL ON 8 May 2015
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Dow Jones 18,191.11 +267.05 (1.49%)
S&P 500 2,116.10 +28.10 (1.35%)
Nasdaq 5,003.55 +58.00 (1.17%)


[font color=red]10 Year 2.14% +0.01 (0.47%)
30 Year 2.90% +0.01 (0.35%) [font color=black]


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[font size=2]Market Conditions During Trading Hours[/font]
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(click on link for latest updates)
Market Updates
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[font size=2]Euro, Yen, Loonie, Silver and Gold[center]

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[font color=black][font size=2]Handy Links - Market Data and News:[/font][/font]
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Economic Calendar
Marketwatch Data
Bloomberg Economic News
Yahoo Finance
Google Finance
Bank Tracker
Credit Union Tracker
Daily Job Cuts
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[font color=black][font size=2]Handy Links - Essential Reading:[/font][/font]
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Matt Taibi: Secret and Lies of the Bailout


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[font color=black][font size=2]Handy Links - Government Issues:[/font][/font]
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LegitGov
Open Government
Earmark Database
USA spending.gov
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[font color=red]Partial List of Financial Sector Officials Convicted since 1/20/09 [/font][font color=red]
2/2/12 David Higgs and Salmaan Siddiqui, Credit Suisse, plead guilty to conspiracy involving valuation of MBS
3/6/12 Allen Stanford, former Caribbean billionaire and general schmuck, convicted on 13 of 14 counts in $2.2B Ponzi scheme, faces 20+ years in prison
6/4/12 Matthew Kluger, lawyer, sentenced to 12 years in prison, along with co-conspirator stock trader Garrett Bauer (9 years) and co-conspirator Kenneth Robinson (not yet sentenced) for 17 year insider trading scheme.
6/14/12 Allen Stanford sentenced to 110 years without parole.
6/15/12 Rajat Gupta, former Goldman Sachs director, found guilty of insider trading. Could face a decade in prison when sentenced later this year.
6/22/12 Timothy S. Durham, 49, former CEO of Fair Financial Company, convicted of one count conspiracy to commit wire and securities fraud, 10 counts of wire fraud, and one count of securities fraud.
6/22/12 James F. Cochran, 56, former chairman of the board of Fair, convicted of one count of conspiracy to commit wire and securities fraud, one count of securities fraud, and six counts of wire fraud.
6/22/12 Rick D. Snow, 48, former CFO of Fair, convicted of one count of conspiracy to commit wire and securities fraud, one count of securities fraud, and three counts of wire fraud.
7/13/12 Russell Wassendorf Sr., CEO of collapsed brokerage firm Peregrine Financial Group Inc. arrested and charged with lying to regulators after admitting to authorities he embezzled "millions of dollars" and forged bank statements for "nearly twenty years."
8/22/12 Doug Whitman, Whitman Capital LLC hedge fund founder, convicted of insider trading following a trial in which he spent more than two days on the stand telling jurors he was innocent
10/26/12 UPDATE: Former Goldman Sachs director Rajat Gupta sentenced to two years in federal prison. He will, of course, appeal. . .
11/20/12 Hedge fund manager Matthew Martoma charged with insider trading at SAC Capital Advisors, and prosecutors are looking at Martoma's boss, Steven Cohen, for possible involvement.
02/14/13 Gilbert Lopez, former chief accounting officer of Stanford Financial Group, and former controller Mark Kuhrt sentenced to 20 yrs in prison for their roles in Allen Sanford's $7.2 billion Ponzi scheme.
03/29/13 Michael Sternberg, portfolio mgr at SAC Capital, arrested in NYC, charged with conspiracy and securities fraud. Pled not guilty and freed on $3m bail.
04/04/13 Matthew Marshall Taylor,fmr Goldman Sachs trader arrested, charged by CFTC w/defrauding his employer on $8BN futures bet "by intentionally concealing the true huge size, as well as the risk and potential profits or losses associated."
04/04/13 Matthew Taylor admits guilt, makes plea bargain. Sentencing set for 26 June; faces up to 20 years in prison but will likely only see 3-4 years. Says, "I am truly sorry."
04/11/13 Ex-KPMG LLP partner Scott London charged by federal prosecutors w/passing inside tips to a friend in exchange for cash, jewelry, and concert tickets; expected to plead guilty in May.
08/01/13 Fabrice Tourré convicted on six counts of security fraud, including "aiding and abetting" his former employer, Goldman Sachs
08/14/13 Javier Martin-Artajo and Julien Grout charged with wire fraud, falsifying records, and conspiracy in connection with JP Morgan's "London Whale" trade.
08/19/13 Phillip A. Falcone, manager of hedge fund Harbinger Capital Partners, agrees to admit to "wrongdoing" in market manipulation. Will banned from securities industry for 5 years and pay $18MM in disgorgement and fines.
09/16/13 Javier Martin-Artajo and Julien Grout officially indicted on charges associated with "London Whale" trade.
02/06/14 Matthew Martoma convicted of insider trading while at hedge fund SAC (Stephen A. Cohen) Capital Advisors. Expected sentence 7-10 years.
03/24/14 Annette Bongiorno, Bernard Madoff's secretary; Daniel Bonventre, director of operations for investments; JoAnn Crupi, an account manager; and Jerome O'Hara and George Perez, both computer programmers convicted of conspiracy to defraud clients, securities fraud, and falsifying the books and records.
05/19/14 Credit Suisse, which has an investment bank branch in NYC, agrees to plead guilty and pay appx. $2.6 billion penalties for helping wealthy Americans hide wealth and avoid taxes.
09/08/14 Matthew Martoma, convicted SAC trader, sentenced to 9 years in prison plus forfeiture of $9.3 million, including home and bank accounts







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[font size=3][font color=red]This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.[/font][/font][/font color=red][font color=black]


5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
STOCK MARKET WATCH -- Monday, 11 May 2015 (Original Post) Tansy_Gold May 2015 OP
Because I was thinking of. . . . Tansy_Gold May 2015 #1
. Demeter May 2015 #2
Amen kickysnana May 2015 #3
If I may: a poem. philly_bob May 2015 #4
Took the day off to take care of business Demeter May 2015 #5

Tansy_Gold

(17,862 posts)
1. Because I was thinking of. . . .
Sun May 10, 2015, 06:12 PM
May 2015

. . . .Molly Ivins and wondered what she would say about Texas if she were still with us.

I miss Molly Ivins.

I miss Carl Sagan.

 

Demeter

(85,373 posts)
2. .
Sun May 10, 2015, 07:06 PM
May 2015


I miss the adults. I miss the sane people. I miss the people who could make a good plan, and implement it.

philly_bob

(2,419 posts)
4. If I may: a poem.
Mon May 11, 2015, 10:53 AM
May 2015

Remember Burning Leaves?

It was a daytime chore, every October,
on the Eisenhower-era city block
where I lived
with dozens of postwar baby boom kids.

The bigger kids raked
mountains of leaves,
soft, scratchy, colorful.
The little kids, giggling,
would scatter them about,
scolded for it.

And then a grownup would light a match,
and the white smoke rose
to the blue autumn sky,
pungent, acrid, sweet.

As the leaves reduced to ashes,
some suitably responsible adult figure
would lean on a rake and watch the fire,
thinking his or her own thoughts.

But then sometime around 1960
scientists found that particulate pollution
from 'residential yard waste burning'
in the ever-spreading suburbs
irritated the lungs.

Local governments posted various warnings,
and the practice stopped.
People's behavior changed.
Their idea of what was right and wrong changed.
The grown-ups stopped burning leaves
(so now we get bulging plastic bags waiting for pickup.)

I may nostalgically miss that white smoke
and the Autumn raking rituals.
But above all,
I miss that sensible postwar society
where people listened to the scientists,
and the grownups were in charge,
instead of the kids scattering the leaves.

2004

 

Demeter

(85,373 posts)
5. Took the day off to take care of business
Mon May 11, 2015, 04:40 PM
May 2015

Should have just stayed in bed....when Monday sucks, the rest of the week has nowhere to go but down. No news to post, either...DU ate it when I tried. (Actually, Firefox ate it).

Cold is getting a bit better, weather is still sticky, and I'm still tired.

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