How quickly the tide can turn against even the biggest of the “too big to fail” banks and investment firms these days.  JPMorgan  (NYSE:JPM) has reported that they have a $2 billion loss due to a failed trading strategy of credit default swaps (CDS) that the firm entered into to avoid catastrophic losses like those [...]

Euro policy makers on Monday urged Greece to stay the course on strict austerity measures despite growing discontent among the country’s citizens according to the Associated Press. Following elections a week ago that showed voters’ approval of political parties that take the stance of reneging on bailout terms, many Euro officials are worried that the [...]

According to Reuters, Monster Worldwide, the parent company of Monster.com and HotJobs.com, has been the subject of numerous acquisition talks. Who the ultimate purchaser will be remains to be seen, but according to the same news agency, LinkedIn won’t be its buyer: “At least one would-be suitor, LinkedIn Corp, has decided not to pursue a [...]

VIX exchange traded notes have exploded in popularity over the last couple of years as investors and traders jump in to take advantage of the volatility in today’s markets in hopes of making quick and significant profits. Unfortunately, many investors don’t understand how the VIX index works or how these new ETNs function and so, [...]