Get flash to fully experience Pearltrees
occupy wall st
Illustration: Michael Mucci
From the Wall Street protests has emerged the irregularly published Occupied Wall Street Journal , a four-page broadsheet that editors claim has a circulation equivalent to a small town publication. The protests in Zuccotti Park have spread their message across the country in part because of a robust web presence. But a small group, not considered the official mouthpiece of the movement, has also relied on old-school methods of spreading the word about the protest.
Kanye West was just spotted with Russell Simmons at the Occupy Wall Street protests down in Zucotti Park. Cue Wall Street protesters wishing for a Kanye re-mix of one of their catchy chan ts, which you can learn here >
Bruce Krasting Last night, Mayor Bloomberg told the protesters that Zuccotti Park would be cleaned tomorrow morning at 7 AM. Naturally, this would require Occupy Wall Street to temporarily clear out of the space.
"Low risk-adjusted returns, high correlation, slowing economic growth and rising macroeconomic and policy uncertainty have made equity investing challenging," says Goldman Sachs' equity strategy team.
Earlier this morning, JP Morgan reported Q3 earnings of $1.02 per share , which compares to analysts' expectation for $0.92 per share.
digg How today's events at Occupy Wall Street are being displayed at Drudge . Please follow Politics on Twitter and Facebook .
Dominique Strauss Kahn, presumably a very relieved man after sexual charges in France and New York were dropped recently, has something new to worry about.
The new movie "Margin Call" is about executives trying to save a 107-year-old bank during the financial crisis.
We mentioned that Hong Hong was looking very weak in the early hous of the trading session, and the final tally was pretty bloody.
Goldman Sachs posted its second quarterly loss in twelve years today. In the bank's post-IPO history, it had only reported a loss one other time: during the crisis. Everyone's pointing to Goldman's lower trading revenue for the third-quarter at Goldman, which disappointed (as expected) by coming in at $4.06 billion, down 13% from $4.67 billion in the third-quarter a year earlier.
GOLDMAN earnings are out , and the company has lost $.84 per share, and it has missed revenue big time. Analysts had expected losses of just $.11/share.
Politicians will hate this, but according to Nomura economist Richard Koo it's too late to save Europe unless they're willing to go nuclear. By that he means: Big time guarantees across the entire financial system to ensure that everyone survives.
UPDATED: Confusion Escalates Around A Rumor That Germany And France Have Reached Agreement On A €2 Trillion Plan To Rescue The EurozoneAccording to a report in the Guardian, France and Germany are in agreement on a "comprehensive plan" that would boost the EFSF rescue fund to €2 trillion. This report suggests that a eurozone endgame may really be forthcoming at a summit of EU leaders this Sunday . The Guardian cites EU diplomats close to the negotiations as sources.
Occupy Wall Street , the social media-spawned movement that has gone viral across the U.S., turned violent Friday morning after the New York City mayor's office announced cleanup of Zuccotti Park would begin at 7 a.m. Protesters have held their ground in lower Manhattan since Sept. 17, and though this morning's arrests are not the first , many across the web say the movement is heating up.