Spam emails shift markets as pump and dump tales unfold
A study led by Jonathan Zittrain and Laura Frieder finds pump and dump spam drives two day losses up to 8 percent for victims while the scammer nets about 5 percent. Spammers target thinly traded Pink Sheets and rely on investor gullibility, increasing volatility and speculative trading in U S stocks.
MENTIONED IN THIS ARTICLE
Simon Kennedy
MarketWatch
London
Zittrain
Laura Frieder
Pur
Due University
Indiana
United States
U.S
Europe
Dark side of moonlighting in Dallas finances
Dallas Morning News report examines second jobs as a solution to money troubles. Financial planners warn to check employer policies and confidentiality, advise staying in known fields when possible, and note tax implications and social security considerations. The piece cites eBay as a popular secondary income avenue and emphasizes treating a side venture as a business.
MENTIONED IN THIS ARTICLE
Pamela Yip
Dallas Morning News
Dallas
Alan Goldfarb
Weaver and Tidwell Financial Advisors
Goldfarb
John Challenger
Challenger, Gray & Christmas
Chicago
Richard Byron
Byron
eBay
Acnielsen International Research
AC Nielsen
Jim “Griff’ Griffith
Griffith
Mark McClanahan
Baker Financial Services
Arlington
Dallas ‘Morning News
Money market yields ease slightly on week
The seven day average yield on money market mutual funds dipped to 4.72 percent for the week ending Tuesday from 4.73 percent, while the 30 day average remained at 4.73 percent. Bankrate.com reported stable yields for money market accounts at 0.84 percent and varied CD rates including 3.57 percent for six months and 4.19 percent for five years.
MENTIONED IN THIS ARTICLE
New York
Money Market Mutual
Money Fund Report
iMoneyNet Inc
Westboro
Mass
Money Funds
Bankrate.com
North Palm Beach, Fla
Stocks guru Siegel bullish as Dow nears 2000 highs
Wharton professor Jeremy J. Siegel says he is bullish on the market with lower rates and inflation aiding gains. He notes the Dow has reached near its 2000 peak while the S&P remains below that level, and tech stocks heavily influenced past gains. Inflation and energy prices temper the outlook.
MENTIONED IN THIS ARTICLE
Wharton Finance
Jeremy J. Siegel
Siegel
Wisdom Tree Investments Inc
Standard & Poor
Howard Silverblatt
Dow
S&p
Silverblatt
S&p 500
Also Mentioned on This Page
Jonathan Zittrain
Oxford University
Oxford Internet Institute
Las Vegas
Atlantic City
CNBC
Morning Call
Hartford Insurance
Hartford
Hartford Insurance Company
Ray Holder
Auto & Home
John Dvorak
Business & Workmans
Jennifer J. Dvorak
Health, Life
Patricia Thompson
Dale Brannaka
Eugene Ilwanczuk
Wellmark
BlueCross
Aw. Rice Clc President
Ail
Consumer Insurance Services Inc
Kelly Steele
CIA Tlater Ay (Eee
CFS
2Nd St
Cedar Rapids
Jeff Brown
Philadelphia Inquirer
Tatabate
Sylvia Brim
Cpa
Crp
Csa
Michael J. Steere
CSU
Chfc
Off
Steeleworks.net
Pat Murphy
Nancy Parker
Hiawatha
Trueworth
4Th Ave
Allied Insurance
Ela
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