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onclick="$(this).track('/promo/editorial/nav/20081217');" href="/web/20081219151655/http://technorati.com/videos/">See Technorati's new Blogosphere Videos section!</a></li> </ul> </div></div> <script>initNavigation();</script> <div id="content"><div id="content-inner"> <h1 class="main-header"> <a href="/web/20081219151655/http://technorati.com/business/">Business</a> &raquo; Finance <span>/ <em>what&rsquo;s percolating in blogs now</em></span> <a class="info" href="http://web.archive.org/web/20081219151655/http://support.technorati.com/support/siteguide/channels"><img src="http://web.archive.org/web/20081219151655im_/http://static.technorati.com/static/images/icons/info.png" width="14" height="14" alt="Info"/></a> </h1> <a class="feed" href="http://web.archive.org/web/20081219151655/http://feeds.technorati.com/business/finance/">Subscribe</a> <div id="main"> <ul id="tabs"> <li class="active"><span>Headlines</span></li> <li><a href="/web/20081219151655/http://technorati.com/business/finance?source=all&amp;page=1">Rising Posts and Stories</a></li> </ul> <div id="top-stories"> <div class="blog"> <h2> <a class="title" href="/web/20081219151655/http://technorati.com/business/finance?source=posts&amp;sort=buzz&amp;page=1">Rising blog posts by attention</a> <a class="more" href="/web/20081219151655/http://technorati.com/business/finance?source=posts&amp;page=1"> View All &raquo; </a> </h2> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/posts/rciUL36qgC70_XNigrOxOdydtPJ30W2cPyO2NYVY%2BqM%3D"> Verizon: BlackBerry Storm Return Rates 'Lowest' Of Any Smartphone (RIMM) </a></h3> <div class="entry-content"> <p> Good news for BlackBerry maker Research In Motion (RIMM) and Verizon Wireless: People buying their latest smartphone, the touchscreen BlackBerry Storm, are not ditching them as much as we'd heard. Verizon declined to comment yesterday before we published our post suggesting that the Storm has an unusually high return rate. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T10:35:00-08:00"> 20 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/blogs/alleyinsider.com">Silicon Alley Insider: Digital Business, Live</a> &middot; <a class="links" href="/web/20081219151655/http://technorati.com/blogs/alleyinsider.com?reactions" title="View blog reactions">Authority: 4,381</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"> <a href="/web/20081219151655/http://technorati.com/posts/rciUL36qgC70_XNigrOxOdydtPJ30W2cPyO2NYVY%2BqM%3D?sub=ZGQHgNzcGoiSUWBoDnlrGDoz2bw031WAb3sN_JqnQTQ%3D"> Between the Lines | ZDNet.com</a> </li> </ul> </div> <div class="related"> <h4>Related [1]:</h4> <ul> <li class="first-child"> <a href="/web/20081219151655/http://technorati.com/posts/rciUL36qgC70_XNigrOxOdydtPJ30W2cPyO2NYVY%2BqM%3D?sub=z%2BN98qXLOuL7A7vN5XtYVHY3vpwORwDN551JHruND3U%3D">Verizon BlackBerry Storm Return Rate</a> </li> </ul> </div> </div> <div class="news"> <h2> <a class="title" href="/web/20081219151655/http://technorati.com/business/finance?source=news&amp;sort=buzz&amp;page=1">Rising news stories by attention</a> <a class="more" href="/web/20081219151655/http://technorati.com/business/finance?source=news&amp;page=1"> View All &raquo; </a> </h2> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/articles/N4VQwrTJIchSJtzfkI7oPW0o6b2UjzbC7MD5TPZ6bO0%3D"> Dollar's Slump Erases Months Of Solid Gains</a></h3> <div class="entry-content"> <p>The dollar yesterday staged one of its biggest one-day drops against the euro and fell to a 13-year low against the Japanese yen as near-zero interest rates and the Federal Reserve's plan to print vast sums of cash dilute the value of the greenback.&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T07:47:33-08:00"> 23 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/publications/www.washingtonpost.com%2F">The Washington Post</a> </div> <div class="discussion"> <h4>Attention [2]:</h4> <ul> <li class="first-child"><a href="/web/20081219151655/http://technorati.com/articles/N4VQwrTJIchSJtzfkI7oPW0o6b2UjzbC7MD5TPZ6bO0%3D?sub=4Fu1uDihh6YS4Zw3SUhz0qD6VuJjsgredZqAkJ7GVQo%3D">TigerHawk</a></li> <li><a href="/web/20081219151655/http://technorati.com/articles/N4VQwrTJIchSJtzfkI7oPW0o6b2UjzbC7MD5TPZ6bO0%3D?sub=6MIaJmb85_vxHWsF8TkAQ26n2mTg_EhpoN1twMBWPCc%3D">Wall $treet Folly</a></li> </ul> </div> </div> </div> <div class="ad inline"> <div id="adsense-text" class="module"></div> <script type="text/javascript" src="http://web.archive.org/web/20081219151655js_/http://static.technorati.com/static/js/adsense.js"></script> <script type="text/javascript"> google_ad_type = "text"; google_max_num_ads = 2; google_ad_channel = "channels"; </script> <script type="text/javascript" src="http://web.archive.org/web/20081219151655js_/http://pagead2.googlesyndication.com/pagead/show_ads.js"></script> </div> <div id="stories"> <div class="first column"> <div class="blog"> <ul> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/posts/D6PZv%2BiKQqkCtnUpdrZT_j3lxvHn73jWumc8Wlkx7r4%3D"> Normality is just a few policy steps away </a></h3> <div class="entry-content"> <p> By Ricardo Caballero Economic agents of all sorts, from creditors to consumers, are frozen waiting for some sense of normality to be restored amid the financial crisis.  However, normality is much closer —just a few bold policy steps away— than is the conventional wisdom. (more…)&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T06:57:19-08:00"> 1 day ago</abbr> in <a href="/web/20081219151655/http://technorati.com/blogs/blogs.ft.com%2Fwolfforum">FT.com | The Economists’ Forum</a> &middot; <a class="links" href="/web/20081219151655/http://technorati.com/blogs/blogs.ft.com%2Fwolfforum?reactions" title="View blog reactions">Authority: 241</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"> <a href="/web/20081219151655/http://technorati.com/posts/D6PZv%2BiKQqkCtnUpdrZT_j3lxvHn73jWumc8Wlkx7r4%3D?sub=u4BYocz5fpJ9c3pd0qEfCYAFYZ_rrmwbI3TgkrgS%2BEM%3D">Economist's View</a> </li> </ul> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/posts/5JOMPooLmIUck3WaUxX3e3r5xn2CKaZWix5FhD3P83s%3D"> Everything I Need to Know About Entrepreneurship I Learned From My Comrades in Moscow </a></h3> <div class="entry-content"> <p> You can start a business anywhere. Celebrity endorsements don’t have to be expensive. Buddha is in the details (see next photo). The details. Nothing is what it seems (see next photo). What it is. You need to think big. And don’t worry, be crappy. Do anything for your customer. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T16:26:35-08:00"> 14 hours ago</abbr> by <a href="/web/20081219151655/http://technorati.com/people/technorati/gkawasaki">gkawasaki</a> in <a href="/web/20081219151655/http://technorati.com/blogs/blog.guykawasaki.com">How to Change the World</a> &middot; <a class="links" href="/web/20081219151655/http://technorati.com/blogs/blog.guykawasaki.com?reactions" title="View blog reactions">Authority: 3,339</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/posts/vbQ41CgD12uIfIe_q2R7vD%2BH9S_3rHd6dAa7f1jGnH4%3D"> Not All Hedge Fund Strategies Stink This Year </a></h3> <div class="entry-content"> <p> Geoffrey Rogow reports: Although losses and redemptions are drastically shrinking the entire hedge fund world, global macro funds are garnering more interest because of their stronger returns and easy availability of liquidity. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T07:39:10-08:00"> 23 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/blogs/blogs.wsj.com%2Fmarketbeat">MarketBeat</a> &middot; <a class="links" href="/web/20081219151655/http://technorati.com/blogs/blogs.wsj.com%2Fmarketbeat?reactions" title="View blog reactions">Authority: 793</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"> <a href="/web/20081219151655/http://technorati.com/posts/vbQ41CgD12uIfIe_q2R7vD%2BH9S_3rHd6dAa7f1jGnH4%3D?sub=RszJNkXHGuv_R5TOdpFCMnJygKkvinf5GGzm_G99rmY%3D"> Alea</a> </li> </ul> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/posts/58XFmNpRKjLt3S2pOtYZ22fWuED_FDGDwMRN1bAjeSk%3D"> Your Bonus: Toxic Waste </a></h3> <div class="entry-content"> <p> Neat. Eat your own cooking. Credit Suisse Group AG’s investment bank has found a new way to reduce the risk of losses from about $5 billion of its most illiquid loans and bonds: using them to pay employees’ year-end bonuses. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T07:47:56-08:00"> 23 hours ago</abbr> by <a href="/web/20081219151655/http://technorati.com/people/technorati/jckommer">jckommer</a> in <a href="/web/20081219151655/http://technorati.com/blogs/aleablog.com"> Alea</a> &middot; <a class="links" href="/web/20081219151655/http://technorati.com/blogs/aleablog.com?reactions" title="View blog reactions">Authority: 104</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"> <a href="/web/20081219151655/http://technorati.com/posts/58XFmNpRKjLt3S2pOtYZ22fWuED_FDGDwMRN1bAjeSk%3D?sub=TT9p1CNyhJjukyHZH0ZGHLDwuFu5xaSTRs9xKfeSrm4%3D"> Abnormal Returns</a> </li> </ul> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/posts/eOlzqOZEt4PWFvyYLIPkRxufbzjsUQkV0PBp6d58%2BzQ%3D"> How to spend $53,826 a week without really trying </a></h3> <div class="entry-content"> <p>The estranged wife of United Technologies Corp.'s chairman George David filed a document with the court that shows that she requires $53,000 a week to support her lifestyle. If you're curious to see how one person can spend that much money a week, here's the PDF of the court filing. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T09:51:29-08:00"> 21 hours ago</abbr> by <a href="/web/20081219151655/http://technorati.com/people/technorati/ottomatik">ottomatik</a> in <a href="/web/20081219151655/http://technorati.com/blogs/www.boingboing.net"> Boing Boing</a> &middot; <a class="links" href="/web/20081219151655/http://technorati.com/blogs/www.boingboing.net?reactions" title="View blog reactions">Authority: 12,800</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/posts/4xFby3xCmvpG4w56bfzpQEY1Erd6Kzu2Sinqi4QeIlA%3D"> A Children’s Treasury Of Evil Wall Street Failures’ Photos From This Good NYT Series About The Financial Crisis </a></h3> <div class="entry-content"> <p> After the economy and capitalism completely died in September because one freaking company called “Lehman Bros.” was denied billions of dollars from the Federal Government, the liberal New York Times has been running a weekly-ish series called “The Reckoning” about the various Wall Street jackals &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T15:16:58-08:00"> 15 hours ago</abbr> by <a href="/web/20081219151655/http://technorati.com/people/technorati/wonkette">wonkette</a> in <a href="/web/20081219151655/http://technorati.com/blogs/wonkette.com">Wonkette: The D.C. Gossip</a> &middot; <a class="links" href="/web/20081219151655/http://technorati.com/blogs/wonkette.com?reactions" title="View blog reactions">Authority: 3,197</a> </div> </li> </ul> </div> </div> <div class="second column"> <div class="news"> <ul> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/articles/q9HRG0U9oikETS4ySDNw3yFO0jrNPKgBLX_7_RNgA70%3D">Natixis to cut 840 jobs, reduce proprietary trading</a></h3> <div class="entry-content"> <p>LONDON (MarketWatch) -- French investment bank Natixis said Friday that it will cut 840 jobs by the end of next year and scale back its corporate and investment banking operations. The group said it will halt proprietary investment activity in credit and&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-19T00:56:13-08:00"> 6 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/publications/marketwatch.com">http://marketwatch.com</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/articles/jXIrXIfHEh81MVvJLxOUgmMMXlyJYXTuS%2BMWnonBYE0%3D">'Angel' of foreclosure defense bedevils lenders</a></h3> <div class="entry-content"> <p>Amid the mortgage meltdown, Jacksonville, Fla., legal aid attorney April Charney has become a top expert in foreclosure defense. Mostly, she says, lenders have hung themselves.&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-19T03:58:34-08:00"> 3 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/publications/msn.com">MSN</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/articles/loBJ7Rp_NfOGpuEpqvJ5GPf%2Be_RYe3DFrQROiULoysk%3D">Bank of Japan cuts key interest rate to 0.1% from 0.3%</a></h3> <div class="entry-content"> <p>HONG KONG (MarketWatch) -- The Bank of Japan cut its key interest rate to 0.1% from 0.3% Friday, marking its second rate reduction this year in the wake of worsening economic indicators. The central bank's board voted 7-1 for the cut, with Tadao Noda&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T21:42:37-08:00"> 9 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/publications/marketwatch.com">http://marketwatch.com</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/articles/t4tmSDwxX4qfWOKDQ9GKkInwxH6DixY4lYlB0PEGp8U%3D">Parmalat founder gets 10 years' prison for market rigging</a></h3> <div class="entry-content"> <p>The founder and chief executive of the Italian food group Parmalat was sentenced last night to 10 years in prison for his role in Europe's biggest-ever corporate bankruptcy. Calisto Tanzi was convicted of market-rigging, false accounting and obstructing&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T20:10:52-08:00"> 11 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/publications/www.guardian.co.uk%2F">Guardian</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/articles/MzQmyAzZNQi66F5conr_BtVpbX%2BDC6yn6jHngb0_xYE%3D">AP Exclusive: Expert seeks Treasury spending plan</a></h3> <div class="entry-content"> <p>WASHINGTON (AP) -- The top congressional watchdog overseeing the nation's financial bailout says she wouldn't buy a winter coat without a spending plan. And she says she's frustrated by the Treasury Department's refusal to explain how it is doling out&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T20:17:21-08:00"> 10 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/publications/hosted.ap.org">hosted.ap</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/articles/DGLQ2dPl5ePR4GadMxL7UuZmRWVF9ppsPi7rmvGM9hs%3D">Madoff case spotlights SEC 'failures'</a></h3> <div class="entry-content"> <p>An investigation of Bernard L. Madoff's company by the SEC that ended without finding evidence of fraud is emerging as a defining failure for an agency struggling to defend its reputation.&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-19T01:45:41-08:00"> 5 hours ago</abbr> in <a href="/web/20081219151655/http://technorati.com/publications/msnbc.msn.com%2F">MSNBC</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20081219151655/http://technorati.com/articles/pvurG9slJov5JTKI0MTcM0FV2wKgkqSGOZGqyFGZH8M%3D">Tokyo stocks move in a range in early trading</a></h3> <div class="entry-content"> <p>HONG KONG (MarketWatch) -- Japanese stocks moved in a range around break-even Friday after a decline on Wall Street and ahead of Bank of Japan's decision on interest rates, with property shares rising while Toyota Motor Corp. dropped on a report it may&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2008-12-18T17:29:28-08:00"> 13 hours ago</abbr> in <a 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