stock market


Here are today’s top finance stories from the British Broadcasting Corporation.


Facebook stock is foundering and cash-heavy investors are looking for a better place to lose their online money. That’s why MexicanMitt Romney is launching his own social media site – Feisbuk.

POCHO asked the nominee wannabe one question: What does Feisbuk have that Facebook doesn’t? Here’s his reply:
[Mas…]

Traders at the NYSE

(PNS reporting from WALL STREET) The spectacle of enthusiastic GOP voters choosing one pinche pendejo or the other in the Florida primaries sent the widely-watched RIF index lower Tuesday, as investors acted on fears that ignorance was the new black.

The Reading Is Fundamental index tracks firms like academic textbook publishers, for-profit educators and sliderule manufacturers.

The RIF index, which reached its highest level (3,141,592) immediately after the election of then Sen. Barack Obama (D-IL) in November 2008, sunk to a new low of √-1 in after-hours trading. [Mas…]