Tuesday, November 9, 2010

Stories of the Day 11/8/2010

James Gorman of Morgan Stanley bashes attitudes and the "hero status" on Wall Street.  He asks for a more balanced pay structure and a new thought process for the entire industry.
http://www.bloomberg.com/news/2010-11-08/morgan-stanley-s-gorman-says-hero-culture-needs-to-change-to-limit-risks.html

With all of the currency talk, and the interest rate questions where is a safe place to invest right now?  Three hints: 1) its a color 2) its worn as an accessory and 3) its gone up over 1100% since 1976
http://finance.yahoo.com/news/Gold-sets-record-high-amid-apf-905022540.html?x=0&sec=topStories&pos=8&asset=&ccode

The importance of blogging in Asia is being recognized by one blogger.  The social networking tool is a trendy and efficient space to advertise on.  Some of these bloggers are making quite a living.
http://www.cnbc.com/id/40065706/

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