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Maybe that’s the strategy. Daniel Schulman in Mother Jones : During his first confirmation hearing, Scott O’Malia got off easy. The nominee to the nation’s commodities watchdog agency was never asked about his role, years earlier, as a top lobbyist for a firm accused of Enron -style abuses, including manipulating California’s energy market and contributing to a statewide electricity crisis. That is, the very same type of market misconduct that the Commodity Futures Trading Commission (

Markit's Gavan Nolan wrote this CDS report European credit indices continued to tighten following Monday's roll. However, they came off their tight levels after the US stock market opened down ahead of the Fed's rate decision later today. The Markit iTraxx Europe S12 index was trading around 79.5bp,...

The Federal Reserve is going to conclude an FOMC meeting during Wednesday’s trading session on Wall Street, and the focus isn’t going to be on the prospects for a change in interest rates or the central bank’s assessment of the economy. It’s going to be on the mortgage market. So …. Ben Bernanke convenes a policy meeting of one of the most powerful bodies influencing the biggest - if wounded - economy on the planet. And the takeaway is going to be whether the Johnsons can secure the financin

'italic;' class='tradesbyline'>by Sharon Demeter Some people who are new to stock investing might feel intimidated when they go online to try to figure things out. Yet, with all the turmoil in the markets and so many people losing money, people who might never have gotten interested in the stock market want to take a look at it. With the Dow being the lowest it has been in over ten years, these people are probably thinking that now might be a good time to get on board. They should know thou