Daily Archives: May 11, 2012

Wreckage of Russian Superjet 100 Found in Indonesia – NYTimes.com

May 11, 2012 – Russian Superjet 100 Found in Indonesian Jungle:  Rescuers who hiked Thursday to the remote slope of a dormant Indonesian volcano where a new-model Russian passenger jet crashed found no signs that any of the 50 people … Continue reading

Posted in Airplane Disasters, Death, Disasters, Events, Indonesia, Russia, Transportation Disasters | Tagged , , ,

J.P. Morgan Flags $2 Billion Trading Loss – WSJ.com

May 11, 2012 – All that Glitters is not Diamonds in $700 Trillion Derivatives Market:  A massive trading bet boomeranged on J.P. Morgan Chase JPM +0.25%& Co., leaving the bank with at least $2 billion in trading losses and its … Continue reading

Posted in Economic, Economics, Misc, Miscellaneous, New York City, United States | Tagged , , , , , , , , , , , , | 3 Comments

Stocks Are Primed for an Ugly Slide – Barrons.com

May 11, 2012 – Stocks Have Reached “Tipping Point” for Big Fall:  The stock market, which has been struggling in recent weeks with a series of pullbacks, may be reaching a bearish tipping point.  Once stocks begin to fall, they … Continue reading

Posted in Economic, Economics, Misc, Miscellaneous, New York City, United States | Tagged , , , , , ,