OttawaStart Blog: OttawaStart's Weekly Event Round-Up: Bicycle art ...

Here are our contributors' picks for the best local events in Ottawa this week. This list is also published every Wednesday night in this space.?You can bookmark this link for easy access:?http://ottawastart.com/weekly

November 5-11: Remembrance Week at the Canadian War Museum
Remembrance Day is fast approaching. The Canadian War Museum is holding guided tours and gallery animations offering a hands-on approach to remembering, while Witness to History activities allow visitors to meet veterans of the Canadian Forces and hear how their personal experiences affected who they are today. On Remembrance Day itself, admission to the museum is free.
-- Gordon Dewis aka KeeperOfMaps
More about Ottawa's Remembrance Day ceremonies here...

Thursday, November 1: Ottawa Jazz Orchestra: Kings of Swing at the Soloway JCC
After more than a year's absence, the Ottawa Jazz Orchestra is back, with a doubleheader concert for big band music fans. Their concert at the Soloway JCC will feature the music of the two most prominent Jewish bandleaders from the Swing Era -- Benny Goodman and Artie Show -- who also, coincidentally, were both jazz clarinet masters. Local clarinetists Dave Renaud and Scott Poll will perform with the orchestra, and OJO artistic director Adrian Cho will talk about Goodman's and Shaw's contributions to jazz.
-- Alayne McGregor,?OttawaJazzScene.ca

Thursday, November 1:? BONNE F?TE, KAFFE 1870!
The Rockwells + Great Food + Drink Specials + YOU this Thursday = Happy 5th Birthday, Kaffe 1870! The night will mark the day the bar was taken over by the sweetest husband (J.J) & wife (Leigh Irvine) team who used to man the Manx Pub in Ottawa, and the cutest Bartender ?Marker? who ran the quaint & cool those-were-the-days Aloha Room under Barrymore?s. Kaffe 1870 is the nicest (and therefore, most comfortable) bar on the Wakefield strip with great food, patio, Tuesday film nights, Open-Mic Wednesdays, live music on Fridays and Saturdays, and a non-stop incredible view of that river. On Thursday, Kaffe 1870 will be closed during the day to get the party ready-set to kick off at 4:00 pm. Whether a regular, or if you?re looking for a new pub you can definitely call ?home,? GO!
--?Sylvie Hill,?writer, performer & educator

Friday, November 2: Self Propelled ? A Bicycle-Inspired Art Show
Over a dozen Ottawa artists have come together to create and show some bike-inspired works, thanks to Five Cents Tattoo and Tall Trees Cycles. The vernissage is Friday from 7-11 p.m. at Grey Area Gallery, 430 Parkdale Ave., with local establishments like Kichesippi Brewery and Union613 providing food and drink. Local art, local refreshments--of course it's part of Apartment613?s Support Local month.
--?Denise Deby,?Green Living Ottawa

Friday, November 2: Eliades Ochoa from Buena Vista Social Club
Live in concert at the Canadian Museum of Civilization this Friday, November 2. The Grammy Award winning guitarist and singer from Cuba will be performing with an 8-piece band as part of his Canadian tour. This is a rare opportunity to see this Cuban sensation live. Tickets are still available and can be purchased online.
--?Eliane Laberge, blogger?

Saturday, November 3: Plaid Parade
Do you ever wish that you had the opportunity to rock your plaid shirts and accessories for everyone to see? Well, this is your chance to do so at Ottawa?s very-first Plaid Parade taking place this Saturday, November 3 at 11:00 am. Organizers encourage participants to bring their bikes and show-off their best plaid pieces.
--?Eliane Laberge, blogger?

Saturday, November 3: St. Thomas the Apostle Church Snowflake Bazaar
Halloween's wrapped up so 'tis the season of Church Bazaars! You could probably just drive past any church and find one, but I'll be helping my grandma out at St Thomas the Apostle on Alta Vista Dr. this Saturday from 10-2 - so come say hi! A great chance to get yummy baked goodies, handicrafts etc and support the community.
--?Laura Gauthier

Saturday & Sunday, November 3-4: Ottawa Cat Show
I am not a cat fan. I'm allergic and I prefer dogs. But I know a lot of our readers like cats. The Ottawa Valley Cat Club has a show at the Nepean Sportsplex this weekend. Meow.
--?Glen Gower, Editor/Owner of?OttawaStart.com?

Sunday, November 4:?Camp Fortune annual Open HouseLet it snow! Let it snow! Let it snow! 10am to 4pm. New to skiing, or want to be that snowboarder chick? It's the perfect time to?get up to the mountain, sign up for lessons on the spot or pick up your pass. Staff is all around to chat with you, and you can meet some of the friendly instructors like I did last year: Super Dave, Supervisor & Mayor of Fortune ? I?m looking at you! ?Many local retailers will also be on site showcasing the season?s new equipment. Come check it out, and enjoy some free snacks and beverages, as well as activities for the kids. Last year, Camp Fortune built a snow ramp and these little dudes on skateboard-like mini snowboards went flying off ramps and such! Super fun to watch and get you geared for the season ahead!?
--?Sylvie Hill,?writer, performer & educator

Sunday, November 4:?Bywords Quarterly Journal Fall Launch & Editors' ReadingFour readers from the issue plus a rare reading by some of our editors & music by Jesse Rose, who plays a baritone guitar & sings low.?At 2:00pm at Collected Works (1242 Wellington W).
-- Amanda Earl, poet & publisher

Monday, November 5: Crush Improv at the Elmdale Tavern
I'm playing the piano with the gang from Crush Improv. Show starts at 8:00pm, admission is pay-what-you-can (suggested $5). The funniest thing happening in Ottawa on a Monday night.
--?Glen Gower, Editor/Owner of?OttawaStart.com?

Wednesday, November 7: Writer Kayt Sukel at Collected Works
Why does love make us so crazy? Join?Kayt Sukel, science blogger and?author of Dirty Minds: How Our Brains Influence Love, Sex and Relationships, in a?lively and funny examination of the big questions about love and sex from the perspective of the latest brain science.?You've wondered. I've wondered. Today we?ll get some answers! At Collected Works Bookstore (1242 Wellington Street West), 7pm.
--?Sylvie Hill,?writer, performer & educator


Have a great week!

See also: Ottawa Events Guide
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Source: http://ottawastart.blogspot.com/2012/10/ottawastarts-weekly-event-round-up_31.html

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Hurricane's death toll rises to 65 in Caribbean

PORT-AU-PRINCE, Haiti (AP) ? As Americans braced Sunday for Hurricane Sandy, Haiti was still suffering.

Officials raised the storm-related death toll across the Caribbean to 65, with 51 of those coming in Haiti, which was pelted by three days of constant rains that ended only on Friday.

As the rains stopped and rivers began to recede, authorities were getting a fuller idea of how much damage Sandy brought on Haiti. Bridges collapsed. Banana crops were ruined. Homes were underwater. Officials said the death toll might still rise.

"This is a disaster of major proportions," Prime Minister Laurent Lamothe told The Associated Press, adding with a touch of hyperbole, "The whole south is under water."

The country's ramshackle housing and denuded hillsides are especially vulnerable to flooding. The bulk of the deaths were in the southern part of the country and the area around Port-au-Prince, the capital, which holds most of the 370,000 Haitians who are still living in flimsy shelters as a result of the devastating 2010 earthquake.

Santos Alexis, mayor of the southern city of Leogane, said Sunday that the rivers were receding and that people were beginning to dry their belongings in the sun.

"Things are back to being a little quiet," Alexis said by telephone. "We have seen the end."

Sandy also killed 11 in Cuba, where officials said it destroyed or damaged tens of thousands of houses. Deaths were also reported in Jamaica, the Bahamas and Puerto Rico. Authorities in the Dominican Republic said the storm destroyed several bridges and isolated at least 130 communities while damaging an estimated 3,500 homes.

Jamaica's emergency management office on Sunday was airlifting supplies to marooned communities in remote areas of four badly impacted parishes.

In the Bahamas, Wolf Seyfert, operations director at local airline Western Air, said the domestic terminal of Grand Bahamas' airport received "substantial damage" from Sandy's battering storm surge and would need to be rebuilt.

Source: http://news.yahoo.com/hurricanes-death-toll-rises-65-caribbean-131150947.html

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Early intervention is key to depression treatment : Hawaii Army Weekly

Sabriya Dennis
U.S. Army Public Health Command

USAPHC

ABERDEEN PROVING GROUNDS, Md. ??October is National Depression Education and Awareness Month.

When feelings of sadness, anxiety or depression linger for long periods of time, it?s possible that a person could be clinically depressed.

Depression is a very common condition affecting more than 20 million adults in the U.S. each year.

The Army?s suicide rate has increased significantly during the past five years, and a diagnosis of depression is a risk factor that can contribute to suicidal thoughts, according to the Centers for Disease Control and Prevention.

To be attentive to signs of depression in others as well as oneself is important.

Definition. Depression is defined in the Diagnostic and Statistical Manual of Mental Disorders as having five or more specified symptoms occurring during the same two-week period of time. The symptoms also represent a change from the previous level of functioning.

As part of the criteria, at least one of the symptoms has to be a depressed mood or loss of interest or pleasure.

Symptoms.?In addition to a depressed mood, other symptoms define depression:
?Difficulty concentrating, remembering details and making decisions.
?Energy levels are decreased or increased feelings of fatigue.
?Persistent aches, pains, headaches, cramps or digestive problems.
?Running into feelings of hopelessness and/or pessimism.
?Experiencing feelings of guilt, worthlessness and/or helplessness.
?Suicidal thoughts or suicide attempts.
?Sleeping excessively, early morning wakefulness or insomnia.
?Irritability and restlessness.
?Overeating or loss of appetite.
?No interest in activities or hobbies, once pleasurable, including sex.

Issues such as loneliness, financial strain, lack of social support, relationship problems, unemployment, trauma, death of a loved one, alcohol or drug abuse, childhood abuse, family history of depression, health problems or a recent stressful life experience can place a person at risk for depression.

Though everyone may experience one or more of these issues, not everyone will respond to them in the same way. The same is true for depression; not everyone experiences or exhibits depressive symptoms in the same manner.

Gender and Age. The following are common symptoms of depression for various groups:

Men may exhibit fatigue, irritability, sleep problems, violence, reckless behavior and substance abuse.

Women may exhibit feelings of guilt, excessive sleeping, overeating and weight gain.

Youth may exhibit irritability, hostility, quick temperedness, unexplained aches and pain. If left untreated, these symptoms can lead to problems at home and school, or drug abuse.

Depression is treatable and beatable, but treatment for depression must be sought as early as possible, so the individual can return to a healthy lifestyle and minimize the risk of greater illness.

Treatment for depression includes the use of antidepressant medications, psychotherapy or a combination of both.

Help with Depression
If you or someone you know is in a crisis, seek help immediately:
?Call 911.
?Visit the emergency room or speak to a health care provider.
?Call 1-800-273-TALK (8255) or 1-800-799-4TTY (4889) to speak with a trained counselor. This number is a 24-hour toll-free hotline provided by the National Suicide Prevention Lifeline.

Learning about Depression Online
If you are not sure if you or your loved one is experiencing depression, private screening tools are available online that provide immediate feedback. Screening tools, tips and more information about depression can be found at these sites: ?www.militarymentalhealth.org
?www.helpyourselfhelpothers.org
?www.mentalhealthscreening.org
?www.cdc.gov/Features/Depression/
?www.helpguide.org.

Tags: behavioral health, Comprehensive Soldier Fitness Program, National Depression Education and Awareness Month, suicide

Category: Community, Health

Source: http://www.hawaiiarmyweekly.com/2012/10/25/early-intervention-is-key-to-depression-treatment/?utm_source=rss&utm_medium=rss&utm_campaign=early-intervention-is-key-to-depression-treatment

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Search Engine Optimization ? Helpful Tips And Tricks

The most effective component of any Internet marketing plan is almost certainly the strategic use of SEO techniques. When your website gets a high ranking you will see more traffic. The following article provides you with some sound tips on SEO that you can implement immediately to help raise the ranking of your website.

Search engine spiders are constantly looking for new content, and using a blog to keep material on your website fresh is a good way to attract their attention. Furthermore, publishing high-quality articles makes it more likely that your content will be distributed. As a result, those people will share with their friends and so on.

Image Links

Try basing your articles on keywords to help improve SEO of your articles. When you incorporate keywords that pertain to the subjects of your articles, search engines can find them easier. This will let readers easily locate your articles. Incorporate a keyword into the title, the summary, and about 4 to 5 times in the body.

For proper search engine optimization, be sure to avoid using image links. Image links only give the search engines the hyperlink address.

Make sure you implement the use of social networking sites as a means to improve your SEO. YouTube is great for videos, while Facebook and Twitter allow direct interaction.

Provide backlinks to your site, especially with a website that serves a market with established ezines. The great thing about eZines are that they are archived, so even if your article is found months later, it can still have usable links back to your site.

Search engines are very smart; if they see you are trying to manipulate your site fraudulently, they will suppress your pages. Some engines, such as Google and Yahoo, will ban companies from appearing in the results because of fraudulent behavior. This is why remaining ethical in your SEO practices is essential.

Incorporate one or two of your keywords into your domain name. Your website should be easy for visitors to find when they do a web search. Not all clicks to your website will come from your marketing efforts. Some people will stumble on your site while searching for similar products.

Rss Feeds

RSS feeds are a great tool to have when owning a website. RSS feeds are syndication feeds that allow people to track interesting threads. If RSS feeds are updated regularly, they count as fresh content. If you are not able to find an RSS feed appropriate to your site, create your own where you post relevant information about your niche. You should try to encourage users to become subscribers of your RSS feed.

Optimize a single page for a single keyword phrase. Including multiple keywords per page can give the page a scattered feel. It is easier to keep quality up when you focus on only one topic, and better content means happier readers. When you have loyal readers, you will have success with SEO.

Do some podcasts! A podcast consists of informational content delivered in audio or video form, sometimes live, and they always should contain relevant information based on the topic of your show. They are becoming more and more popular with consumers so make sure that you hop on the band wagon. This way, descriptions of the podcasts you have will appear in search results.

Incorporate keywords and keyword phrases into your HTML title tag to improve your SEO. Search engines give priority to the title tags, above all other content on your web pages. The best keywords should be used for optimal results.

Sharing a proxy with a site that is flagged or banned is not a good idea. If you share a proxy with disreputable sites, search engines will not rank your site favorably. This can translate into less business.

If you include a blog on your website, you will show up more often on search engines. This generates more traffic for the site you are hoping to market.

Although you can use these tips to quickly raise your website?s search engine ranking, keep in mind that the algorithms of search engines are in constant flux. Consequently, you need to stay on top of current news in the SEO world to make sure your techniques are up-to-date and your page rankings don?t slip.

We are your local Clayton Search Engine Optimization (SEO) company! We work with small businesses in Clayton NC and surrounding areas. We provide a lot of bang for the buck. We?ve been building search engine rockin? websites for 15 years now and we know the score. You want to get to the top of the search engines? Let Lizardwebs Clayton Web Design SEO you to the top! Check out more at Search Engine Optimization!

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Source: http://blogs.lizardwebs.net/2012/10/search-engine-optimization-helpful-tips-and-tricks/

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Important Events

Gods rule the cosmos and all that is within. As one of these elite beings how will you run the world? What will you create? (Running out of spaces. Get yours in ASAP)

Owner:

Game Masters:

This topic is an Out Of Character part of the roleplay, ?The Pantheon?. Anything posted here will also show up there.

Topic Tags:

Forum for completely Out of Character (OOC) discussion, based around whatever is happening In Character (IC). Discuss plans, storylines, and events; Recruit for your roleplaying game, or find a GM for your playergroup.
First of all, if I forgot anything feel free to tell me or add it on for yourself.
This topic is for those who have just came back from a break, just joined, or just want to make sure they have some key facts after skimming through a wall of posts.
Another note, these are just generalized IMPORTANT events, don't expect a detailed explanation.

1. Acanthus was born.
2. The other Gods were born.
3. Some of the Gods made creations.
4. Acanthus created Hl?radr.
5. Genocide started his warmarch, killing a Prachian and many other creatures.
6. Kreios distorted some of Cragin's creations.
7. Kreios was captured and put to a trial for his actions.
8. Eventually, the Gods found him guilty and sentenced him to the Inferno.
9. Genocide entered Hl?radr, interrupting the trial.
10. Everyone began battling Genocide, as they believed he was dangerous.
11. Genocide and Kreios became "friends"
12. Trelas created the Senri.
13. Malus began terrorizing the Middle Realm while the Gods disputed.
14. Adarani left to tend to the Middle Realm.
15. It was revealed that the All Father resides in Mathias, and Justice (Mathias and All Father) created three books (I forget their names sorry)
16. Eventually, Genocide and Kreios were sent through a portal, created by Acanthus, into the Inferno.
17. Acanthus gave Adarani a spell to heal the Middle Realm.
18. To be continued.

I hope this helped you guys weee!

RUMBLEROAR'S ARMY!

Jadebud98

Member for 1 years

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Stock Markets News Headlines - Yahoo! News

http://news.yahoo.com/stocks/ Get the latest stock markets news headlines from Yahoo! News. Find breaking stock markets news, including analysis and opinion on top stock markets stories, photos and more.en-USCopyright (c) 2012 Yahoo! Inc. All rights reservedMon, 22 Oct 2012 16:12:08 -04005http://news.yahoo.com/stocks/ http://l.yimg.com/a/i/us/nws/th/main_142c.gifIndustrial metals and energy prices ended lower Monday following a volatile day for the stock market.More discouraging corporate earnings reports further dimmed the outlook for the U.S. economy, sending ...http://news.yahoo.com/copper-energy-futures-fall-economy-201208573.htmlMon, 22 Oct 2012 16:12:08 -0400Associated Presscopper-energy-futures-fall-economy-201208573<p><a href="http://news.yahoo.com/wall-st-flat-caterpillar-rises-turnabout-150614602--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/Fg_FE7GauhbxWr5fLPwgVA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T150614Z_1_CDEE89L15YF00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>NEW YORK (Reuters) - The Dow industrials and the S&amp;P 500 ended flat on Monday after a late-day bounce, as worries about slower global growth hitting corporate sales were offset by earnings that beat expectations. Based on the latest available data, the Dow Jones industrial average inched up 2.38 points, or 0.02 percent, to end unofficially at 13,345.89. The Standard &amp; Poor&#039;s 500 Index edged up just 0.62 of a point, or 0.04 percent, to finish unofficially at 1,433.81. The Nasdaq Composite Index gained 11.33 points, or 0.38 percent, to close unofficially at 3,016.96. ...</p><br clear="all"/>http://news.yahoo.com/wall-st-flat-caterpillar-rises-turnabout-150614602--sector.htmlMon, 22 Oct 2012 16:11:01 -0400Reuterswall-st-flat-caterpillar-rises-turnabout-150614602--sector<p><a href="http://news.yahoo.com/wall-st-flat-caterpillar-rises-turnabout-150614602--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/Fg_FE7GauhbxWr5fLPwgVA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T150614Z_1_CDEE89L15YF00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>NEW YORK (Reuters) - The Dow industrials and the S&amp;P 500 ended flat on Monday after a late-day bounce, as worries about slower global growth hitting corporate sales were offset by earnings that beat expectations. Based on the latest available data, the Dow Jones industrial average inched up 2.38 points, or 0.02 percent, to end unofficially at 13,345.89. The Standard &amp; Poor&#039;s 500 Index edged up just 0.62 of a point, or 0.04 percent, to finish unofficially at 1,433.81. The Nasdaq Composite Index gained 11.33 points, or 0.38 percent, to close unofficially at 3,016.96. ...</p><br clear="all"/>A late buying spree erased early losses on Wall Street, leaving indexes with modest gains at the close of trading.http://news.yahoo.com/stocks-recoup-losses-rally-wall-street-201034873--finance.htmlMon, 22 Oct 2012 16:10:34 -0400Associated Pressstocks-recoup-losses-rally-wall-street-201034873--financeIndustrial metals and energy prices are ending lower following another down day for the stock market.More discouraging earnings reports Monday further dimmed the outlook for the U.S. economy, sending stocks ...http://news.yahoo.com/copper-energy-futures-stock-market-194441372.htmlMon, 22 Oct 2012 15:45:06 -0400Associated Presscopper-energy-futures-stock-market-194441372<p><a href="http://news.yahoo.com/philips-q3-earnings-rise-growth-economies-help-072130856--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/lRfWH4cz1W3jryeR8YAJHQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/c82a811bc9d9bb1d1e0f6a7067002240.jpg" width="130" height="86" alt="FILE - In this Wednesday, Sept. 1, 2010 file photo, a man walks in front of Philips television screens in Berlin, Germany. Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, announced Monday, Oct. 22, 2012, that earnings more than doubled in the third quarter, thanks to modest growth at all its business lines as well as the disposal of its loss-making television business. (AP Photo/Gero Breloer, File)" align="left" title="FILE - In this Wednesday, Sept. 1, 2010 file photo, a man walks in front of Philips television screens in Berlin, Germany. Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, announced Monday, Oct. 22, 2012, that earnings more than doubled in the third quarter, thanks to modest growth at all its business lines as well as the disposal of its loss-making television business. (AP Photo/Gero Breloer, File)" border="0" /></a>Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter, thanks to modest growth at all its business lines as well as the disposal of its loss-making television business.</p><br clear="all"/>http://news.yahoo.com/philips-q3-earnings-rise-growth-economies-help-072130856--finance.htmlMon, 22 Oct 2012 15:36:50 -0400Associated Pressphilips-q3-earnings-rise-growth-economies-help-072130856--finance<p><a href="http://news.yahoo.com/philips-q3-earnings-rise-growth-economies-help-072130856--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/lRfWH4cz1W3jryeR8YAJHQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/c82a811bc9d9bb1d1e0f6a7067002240.jpg" width="130" height="86" alt="FILE - In this Wednesday, Sept. 1, 2010 file photo, a man walks in front of Philips television screens in Berlin, Germany. Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, announced Monday, Oct. 22, 2012, that earnings more than doubled in the third quarter, thanks to modest growth at all its business lines as well as the disposal of its loss-making television business. (AP Photo/Gero Breloer, File)" align="left" title="FILE - In this Wednesday, Sept. 1, 2010 file photo, a man walks in front of Philips television screens in Berlin, Germany. Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, announced Monday, Oct. 22, 2012, that earnings more than doubled in the third quarter, thanks to modest growth at all its business lines as well as the disposal of its loss-making television business. (AP Photo/Gero Breloer, File)" border="0" /></a>Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter, thanks to modest growth at all its business lines as well as the disposal of its loss-making television business.</p><br clear="all"/><p><a href="http://news.yahoo.com/disappointing-earnings-weigh-down-stock-market-190443358--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/2no92TwaUmzvd2ilg7kyFw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2f5df5a4c916b71d1e0f6a706700e8ac.jpg" width="130" height="86" alt="Trader Michael Zicchinolfi, center, works on the floor of the New York Stock Exchange Monday, Oct. 22, 2012. A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the U.S. stock market in early trading. (AP Photo/Richard Drew)" align="left" title="Trader Michael Zicchinolfi, center, works on the floor of the New York Stock Exchange Monday, Oct. 22, 2012. A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the U.S. stock market in early trading. (AP Photo/Richard Drew)" border="0" /></a>It&#039;s been a disappointing earnings season.</p><br clear="all"/>http://news.yahoo.com/disappointing-earnings-weigh-down-stock-market-190443358--finance.htmlMon, 22 Oct 2012 15:05:03 -0400Associated Pressdisappointing-earnings-weigh-down-stock-market-190443358--finance<p><a href="http://news.yahoo.com/disappointing-earnings-weigh-down-stock-market-190443358--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/2no92TwaUmzvd2ilg7kyFw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2f5df5a4c916b71d1e0f6a706700e8ac.jpg" width="130" height="86" alt="Trader Michael Zicchinolfi, center, works on the floor of the New York Stock Exchange Monday, Oct. 22, 2012. A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the U.S. stock market in early trading. (AP Photo/Richard Drew)" align="left" title="Trader Michael Zicchinolfi, center, works on the floor of the New York Stock Exchange Monday, Oct. 22, 2012. A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the U.S. stock market in early trading. (AP Photo/Richard Drew)" border="0" /></a>It&#039;s been a disappointing earnings season.</p><br clear="all"/><p><a href="http://news.yahoo.com/markets-weighed-down-disappointing-earnings-145224084--business.html"><img src="http://l2.yimg.com/bt/api/res/1.2/2no92TwaUmzvd2ilg7kyFw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2f5df5a4c916b71d1e0f6a706700e8ac.jpg" width="130" height="86" alt="Trader Michael Zicchinolfi, center, works on the floor of the New York Stock Exchange Monday, Oct. 22, 2012. A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the U.S. stock market in early trading. (AP Photo/Richard Drew)" align="left" title="Trader Michael Zicchinolfi, center, works on the floor of the New York Stock Exchange Monday, Oct. 22, 2012. A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the U.S. stock market in early trading. (AP Photo/Richard Drew)" border="0" /></a>The stock market turned lower Monday afternoon as investors absorbed mixed earnings reports and waited for an important economic report due at the end of the week.</p><br clear="all"/>http://news.yahoo.com/markets-weighed-down-disappointing-earnings-145224084--business.htmlMon, 22 Oct 2012 14:03:18 -0400Associated Pressmarkets-weighed-down-disappointing-earnings-145224084--business<p><a href="http://news.yahoo.com/markets-weighed-down-disappointing-earnings-145224084--business.html"><img src="http://l2.yimg.com/bt/api/res/1.2/2no92TwaUmzvd2ilg7kyFw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2f5df5a4c916b71d1e0f6a706700e8ac.jpg" width="130" height="86" alt="Trader Michael Zicchinolfi, center, works on the floor of the New York Stock Exchange Monday, Oct. 22, 2012. A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the U.S. stock market in early trading. (AP Photo/Richard Drew)" align="left" title="Trader Michael Zicchinolfi, center, works on the floor of the New York Stock Exchange Monday, Oct. 22, 2012. A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the U.S. stock market in early trading. (AP Photo/Richard Drew)" border="0" /></a>The stock market turned lower Monday afternoon as investors absorbed mixed earnings reports and waited for an important economic report due at the end of the week.</p><br clear="all"/>Financial markets started the week on a flat note after another batch of fairly disappointing U.S. corporate earnings and ahead of the final debate in what appears to be a tight U.S. presidential election.http://news.yahoo.com/markets-subdued-us-earnings-disappoint-144206117--finance.htmlMon, 22 Oct 2012 13:00:00 -0400Associated Pressmarkets-subdued-us-earnings-disappoint-144206117--finance<p><a href="http://news.yahoo.com/why-greg-smith-left-goldman-sachs-040543487.html"><img src="http://l3.yimg.com/bt/api/res/1.2/MFpWrg5scslYlvSkmufNCQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/7f598bd4c6caac1d1e0f6a706700f1c9.jpg" width="130" height="86" alt="In this Tuesday, Oct. 16, 2012, photo, Greg Smith, the former Goldman Sachs banker, responds to questions during a news interview in New York. Smith was a vice president at Goldman Sachs until March when he announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.(AP Photo/Frank Franklin II)" align="left" title="In this Tuesday, Oct. 16, 2012, photo, Greg Smith, the former Goldman Sachs banker, responds to questions during a news interview in New York. Smith was a vice president at Goldman Sachs until March when he announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.(AP Photo/Frank Franklin II)" border="0" /></a>Greg Smith wrote the essay that echoed across Wall Street like a thunderclap.</p><br clear="all"/>http://news.yahoo.com/why-greg-smith-left-goldman-sachs-040543487.htmlMon, 22 Oct 2012 12:27:35 -0400Associated Presswhy-greg-smith-left-goldman-sachs-040543487<p><a href="http://news.yahoo.com/why-greg-smith-left-goldman-sachs-040543487.html"><img src="http://l3.yimg.com/bt/api/res/1.2/MFpWrg5scslYlvSkmufNCQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/7f598bd4c6caac1d1e0f6a706700f1c9.jpg" width="130" height="86" alt="In this Tuesday, Oct. 16, 2012, photo, Greg Smith, the former Goldman Sachs banker, responds to questions during a news interview in New York. Smith was a vice president at Goldman Sachs until March when he announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.(AP Photo/Frank Franklin II)" align="left" title="In this Tuesday, Oct. 16, 2012, photo, Greg Smith, the former Goldman Sachs banker, responds to questions during a news interview in New York. Smith was a vice president at Goldman Sachs until March when he announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.(AP Photo/Frank Franklin II)" border="0" /></a>Greg Smith wrote the essay that echoed across Wall Street like a thunderclap.</p><br clear="all"/><p><a href="http://news.yahoo.com/ftse-falls-back-concern-around-earnings-071747212--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/sXWjqm79q5pZcErEYLuwVw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T082029Z_2_CBRE88N0KBS00_RTROPTP_2_BRITAIN-BANKS.JPG" width="130" height="86" alt="The London Stock Exchange is seen during the morning rush hour in the City of London" align="left" title="The London Stock Exchange is seen during the morning rush hour in the City of London" border="0" /></a>LONDON (Reuters) - Britain&#039;s top share index lost ground on Monday, extending declines on concerns about upcoming third quarter earnings. Drugmakers dipped, with Shire down 1.8 percent and AstraZeneca off 0.5 percent. The firms kick off the heavyweight sector&#039;s results season on Thursday. According to Thomson Reuters Starmine data, of the 8 percent of European companies that have reported results so far, nearly half have missed forecasts. TR Starmine analysts have estimated year-on-year third-quarter earnings growth at 7. ...</p><br clear="all"/>http://news.yahoo.com/ftse-falls-back-concern-around-earnings-071747212--finance.htmlMon, 22 Oct 2012 12:02:21 -0400Reutersftse-falls-back-concern-around-earnings-071747212--finance<p><a href="http://news.yahoo.com/ftse-falls-back-concern-around-earnings-071747212--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/sXWjqm79q5pZcErEYLuwVw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T082029Z_2_CBRE88N0KBS00_RTROPTP_2_BRITAIN-BANKS.JPG" width="130" height="86" alt="The London Stock Exchange is seen during the morning rush hour in the City of London" align="left" title="The London Stock Exchange is seen during the morning rush hour in the City of London" border="0" /></a>LONDON (Reuters) - Britain&#039;s top share index lost ground on Monday, extending declines on concerns about upcoming third quarter earnings. Drugmakers dipped, with Shire down 1.8 percent and AstraZeneca off 0.5 percent. The firms kick off the heavyweight sector&#039;s results season on Thursday. According to Thomson Reuters Starmine data, of the 8 percent of European companies that have reported results so far, nearly half have missed forecasts. TR Starmine analysts have estimated year-on-year third-quarter earnings growth at 7. ...</p><br clear="all"/>* FTSE 100 index sheds 0.3 percent * Worries build ahead of UK Q3 earnings season * Shire heads weak drugmakers * Broker comment positive for mining stocks By Jon Hopkins LONDON, Oct 22 (Reuters) - Britain's top share index lostground on Monday, extending declines on concerns about upcomingthird quarter earnings. Drugmakers dipped, with Shire down 1.8 percent andAstraZeneca off 0.5 percent. The firms kick off theheavyweight sector's results season on Thursday. ...http://news.yahoo.com/earnings-concerns-weigh-uk-shares-155601039--business.htmlMon, 22 Oct 2012 11:56:01 -0400Reutersearnings-concerns-weigh-uk-shares-155601039--businessNEW YORK (Reuters) - Jon Corzine's lawyers say allegations that he fraudulently ran MF Global Holdings Ltd make "no sense" and that a lawsuit seeking to hold him and others responsible for the futures brokerage's bankruptcy must be thrown out. Corzine, former colleagues and several banks, including JPMorgan Chase & Co and Goldman Sachs Group Inc , filed papers on Friday night to dismiss investor litigation over MF Global's collapse. The company's October 31, 2011, bankruptcy was Wall Street's biggest meltdown since 2008. ...http://news.yahoo.com/corzine-banks-push-end-mf-global-fraud-lawsuit-153132266--sector.htmlMon, 22 Oct 2012 11:31:32 -0400Reuterscorzine-banks-push-end-mf-global-fraud-lawsuit-153132266--sectorLONDON (Reuters) - After scrambling to get their money out of Greece as the economy collapsed, Greeks abroad are regaining an appetite for shares and property at home, spurred on by bargain prices and a bet that their country will stay in the euro zone after all. Property investors and agents say interest in real estate has jumped since the summer and there are tentative signs the financial exodus is slowing, according to central bank, stock market and investment flow data. ...http://news.yahoo.com/money-edges-back-greece-euro-exit-fear-wanes-135520962--sector.htmlMon, 22 Oct 2012 09:55:20 -0400Reutersmoney-edges-back-greece-euro-exit-fear-wanes-135520962--sector<p><a href="http://news.yahoo.com/goldman-book-not-meant-expose-author-135055937--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/2gmY6.HJSlbd1OotRTN3tA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T135055Z_1_CBRE89L12GY00_RTROPTP_2_GOLDMANSACHS.JPG" width="130" height="86" alt="A Goldman Sachs sign is seen on the floor of the New York Stock Exchange" align="left" title="A Goldman Sachs sign is seen on the floor of the New York Stock Exchange" border="0" /></a>JOHANNESBURG (Reuters) - The former Goldman Sachs Group Inc vice president who publicly accused the bank of taking advantage of unsuspecting clients said he never intended his book to be an expose of practices at the Wall Street firm. Preliminary reviews of Greg Smith&#039;s &quot;Why I Left Goldman Sachs,&quot; which hits bookstores on Monday, have been lacklustre. Critics say the book contains few revelations, given that it had been hyped as a &quot;tell all&quot; look at the investment bank. ...</p><br clear="all"/>http://news.yahoo.com/goldman-book-not-meant-expose-author-135055937--sector.htmlMon, 22 Oct 2012 09:50:55 -0400Reutersgoldman-book-not-meant-expose-author-135055937--sector<p><a href="http://news.yahoo.com/goldman-book-not-meant-expose-author-135055937--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/2gmY6.HJSlbd1OotRTN3tA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T135055Z_1_CBRE89L12GY00_RTROPTP_2_GOLDMANSACHS.JPG" width="130" height="86" alt="A Goldman Sachs sign is seen on the floor of the New York Stock Exchange" align="left" title="A Goldman Sachs sign is seen on the floor of the New York Stock Exchange" border="0" /></a>JOHANNESBURG (Reuters) - The former Goldman Sachs Group Inc vice president who publicly accused the bank of taking advantage of unsuspecting clients said he never intended his book to be an expose of practices at the Wall Street firm. Preliminary reviews of Greg Smith&#039;s &quot;Why I Left Goldman Sachs,&quot; which hits bookstores on Monday, have been lacklustre. Critics say the book contains few revelations, given that it had been hyped as a &quot;tell all&quot; look at the investment bank. ...</p><br clear="all"/>A weak forecast from heavy equipment maker Caterpillar and other poor earnings results weighed on the stock market in early trading.http://news.yahoo.com/weak-open-wall-street-caterpillar-vf-flop-134516502--finance.htmlMon, 22 Oct 2012 09:45:16 -0400Associated Pressweak-open-wall-street-caterpillar-vf-flop-134516502--finance<p><a href="http://news.yahoo.com/wall-street-flat-weak-caterpillar-results-134107098--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/rFHUVdM6sYMFx2k8hgqJhg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T134107Z_1_CDEE89L120K00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>NEW YORK (Reuters) - U.S. stocks opened little changed on Monday, hurt by disappointing results from global manufacturer Caterpillar and after the S&amp;P 500 suffered the worst one-day decline since late June on Friday. The Dow Jones industrial average slipped 14.90 points, or 0.11 percent, to 13,328.61. The Standard &amp; Poor&#039;s 500 Index edged down 0.47 point, or 0.03 percent, at 1,432.72. The Nasdaq Composite Index added 2.67 points, or 0.09 percent, to 3,008.29. (Reporting by Leah Schnurr; Editing by Kenneth Barry)</p><br clear="all"/>http://news.yahoo.com/wall-street-flat-weak-caterpillar-results-134107098--finance.htmlMon, 22 Oct 2012 09:41:07 -0400Reuterswall-street-flat-weak-caterpillar-results-134107098--finance<p><a href="http://news.yahoo.com/wall-street-flat-weak-caterpillar-results-134107098--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/rFHUVdM6sYMFx2k8hgqJhg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T134107Z_1_CDEE89L120K00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>NEW YORK (Reuters) - U.S. stocks opened little changed on Monday, hurt by disappointing results from global manufacturer Caterpillar and after the S&amp;P 500 suffered the worst one-day decline since late June on Friday. The Dow Jones industrial average slipped 14.90 points, or 0.11 percent, to 13,328.61. The Standard &amp; Poor&#039;s 500 Index edged down 0.47 point, or 0.03 percent, at 1,432.72. The Nasdaq Composite Index added 2.67 points, or 0.09 percent, to 3,008.29. (Reporting by Leah Schnurr; Editing by Kenneth Barry)</p><br clear="all"/><p><a href="http://news.yahoo.com/bse-sensex-falls-itc-kingfisher-decline-045529159--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/LklI73Txjetz258f44TSGQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T125436Z_2_CDEE89L0DOJ00_RTROPTP_2_INDIA-STOCKS.JPG" width="130" height="86" alt="People walk past the Bombay Stock Exchange building in Mumbai" align="left" title="People walk past the Bombay Stock Exchange building in Mumbai" border="0" /></a>MUMBAI (Reuters) - The BSE Sensex rose on Monday after strong earnings from blue-chip companies such as Larsen &amp; Toubro and Tata Consultancy Services improved the market sentiment, but Kingfisher Airlines slumped after the civil aviation authorities suspended its flying licence. Gains in banking stocks such as ICICI Bank on expectations the RBI may cut the cash reserve ratio, or the amount of deposits lenders must keep with the RBI, at its policy review on October 30 also helped. ...</p><br clear="all"/>http://news.yahoo.com/bse-sensex-falls-itc-kingfisher-decline-045529159--sector.htmlMon, 22 Oct 2012 08:54:36 -0400Reutersbse-sensex-falls-itc-kingfisher-decline-045529159--sector<p><a href="http://news.yahoo.com/bse-sensex-falls-itc-kingfisher-decline-045529159--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/LklI73Txjetz258f44TSGQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T125436Z_2_CDEE89L0DOJ00_RTROPTP_2_INDIA-STOCKS.JPG" width="130" height="86" alt="People walk past the Bombay Stock Exchange building in Mumbai" align="left" title="People walk past the Bombay Stock Exchange building in Mumbai" border="0" /></a>MUMBAI (Reuters) - The BSE Sensex rose on Monday after strong earnings from blue-chip companies such as Larsen &amp; Toubro and Tata Consultancy Services improved the market sentiment, but Kingfisher Airlines slumped after the civil aviation authorities suspended its flying licence. Gains in banking stocks such as ICICI Bank on expectations the RBI may cut the cash reserve ratio, or the amount of deposits lenders must keep with the RBI, at its policy review on October 30 also helped. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/us-stock-futures-gain-fridays-selloff-124522049--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/eX5ZbGXCKM4Pe4B9v4_cQA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/84e4539fc878b41d1e0f6a70670041b3.jpg" width="130" height="86" alt="FILE - In this Friday, Oct. 19, 2012 photo, a trader works on the floor of the New York Stock Exchange. U.S. stock market futures are gaining Monday, Oct. 22, 2012, after Friday?s massive selloff, despite mixed quarterly reports from some top companies. (AP Photo/Mary Altaffer)" align="left" title="FILE - In this Friday, Oct. 19, 2012 photo, a trader works on the floor of the New York Stock Exchange. U.S. stock market futures are gaining Monday, Oct. 22, 2012, after Friday?s massive selloff, despite mixed quarterly reports from some top companies. (AP Photo/Mary Altaffer)" border="0" /></a>U.S. stock market futures are gaining narrowly after Friday&#039;s massive selloff, despite mixed quarterly reports from some top companies.</p><br clear="all"/>http://news.yahoo.com/us-stock-futures-gain-fridays-selloff-124522049--finance.htmlMon, 22 Oct 2012 08:45:22 -0400Associated Pressus-stock-futures-gain-fridays-selloff-124522049--finance<p><a href="http://news.yahoo.com/us-stock-futures-gain-fridays-selloff-124522049--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/eX5ZbGXCKM4Pe4B9v4_cQA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/84e4539fc878b41d1e0f6a70670041b3.jpg" width="130" height="86" alt="FILE - In this Friday, Oct. 19, 2012 photo, a trader works on the floor of the New York Stock Exchange. U.S. stock market futures are gaining Monday, Oct. 22, 2012, after Friday?s massive selloff, despite mixed quarterly reports from some top companies. (AP Photo/Mary Altaffer)" align="left" title="FILE - In this Friday, Oct. 19, 2012 photo, a trader works on the floor of the New York Stock Exchange. U.S. stock market futures are gaining Monday, Oct. 22, 2012, after Friday?s massive selloff, despite mixed quarterly reports from some top companies. (AP Photo/Mary Altaffer)" border="0" /></a>U.S. stock market futures are gaining narrowly after Friday&#039;s massive selloff, despite mixed quarterly reports from some top companies.</p><br clear="all"/>(Reuters) - Hasbro Inc , the No. 2 U.S. toy company, posted a third-quarter profit that topped Wall Street expectations but sales fell short of estimates, hurt by a drop in revenue at its boys and preschool product lines. Sales at its boys category, which includes toys such as Transformers, fell 12 percent to $471.1 million, while sales of preschool products fell 5 percent to $206 million. Hasbro, whose brands also include Monopoly, G.I. Joe, Nerf and Mr. Potato Head, has been working with its U.S. retail partners to better manage inventories this year. ...http://news.yahoo.com/hasbro-profit-falls-weaker-sales-boys-preschool-lines-104552771--finance.htmlMon, 22 Oct 2012 07:28:29 -0400Reutershasbro-profit-falls-weaker-sales-boys-preschool-lines-104552771--finance<p><a href="http://news.yahoo.com/netflixs-global-march-puts-investors-pause-110315365--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/4QYPCxqYHqj4PuXhVBqyXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T201547Z_1_CBRE89L1KAG00_RTROPTP_2_INDUSTRY-US-NETFLIX.JPG" width="130" height="86" alt="A Netflix disk envelope is displayed in Encinitas" align="left" title="A Netflix disk envelope is displayed in Encinitas" border="0" /></a>LOS ANGELES (Reuters) - Netflix Inc launched its subscription video service in 49 countries in a little more than a year, a push that has left Wall Street analysts wondering if the company is trying to expand its reach too quickly. Last week, the Los Gatos, California-based company began offering on-demand movies and TV shows in Scandinavia, a region Chief Executive Reed Hastings called a battleground for television delivered over the Internet. The company competes there with premium cable network HBO, which is starting to sell online subscriptions to its programs. ...</p><br clear="all"/>http://news.yahoo.com/netflixs-global-march-puts-investors-pause-110315365--finance.htmlMon, 22 Oct 2012 07:03:15 -0400Reutersnetflixs-global-march-puts-investors-pause-110315365--finance<p><a href="http://news.yahoo.com/netflixs-global-march-puts-investors-pause-110315365--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/4QYPCxqYHqj4PuXhVBqyXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T201547Z_1_CBRE89L1KAG00_RTROPTP_2_INDUSTRY-US-NETFLIX.JPG" width="130" height="86" alt="A Netflix disk envelope is displayed in Encinitas" align="left" title="A Netflix disk envelope is displayed in Encinitas" border="0" /></a>LOS ANGELES (Reuters) - Netflix Inc launched its subscription video service in 49 countries in a little more than a year, a push that has left Wall Street analysts wondering if the company is trying to expand its reach too quickly. Last week, the Los Gatos, California-based company began offering on-demand movies and TV shows in Scandinavia, a region Chief Executive Reed Hastings called a battleground for television delivered over the Internet. The company competes there with premium cable network HBO, which is starting to sell online subscriptions to its programs. ...</p><br clear="all"/>BANGKOK, Oct 22 (Reuters) - Indonesian stocks posted modestgains on Monday while most other Southeast Asian stocks regainedsome lost ground as investors hunted for bargains in indexheavyweights such as Perusahaan Gas Negara ahead ofearnings releases. Jakarta's Composite Index pared early losses toclose near its day's high of 4,341.827, with energy stockPerusahaan Gas up 3 percent. Macquarie Equities Research included Perusahaan Gas amongstocks in Asia expected to report positive earnings surprises inthis earnings season, it said in a report dated Oct. 19. ...http://news.yahoo.com/se-asia-stocks-jakarta-bangkok-rebound-earnings-eyed-102651379--sector.htmlMon, 22 Oct 2012 06:26:51 -0400Reutersse-asia-stocks-jakarta-bangkok-rebound-earnings-eyed-102651379--sectorFinancial markets have started the new week off solidly ahead of another round of U.S. corporate earnings and the final debate in what appears to be a tight U.S. presidential election.http://news.yahoo.com/markets-await-earnings-last-presidential-debate-100541353--finance.htmlMon, 22 Oct 2012 06:07:19 -0400Associated Pressmarkets-await-earnings-last-presidential-debate-100541353--finance<p><a href="http://news.yahoo.com/analysis-investors-open-higher-u-tax-shave-deficit-040303509--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/ff_q9bq4dyn39Xz7JFcmgA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T040427Z_1_CBRE89L0BBI00_RTROPTP_2_USA-CLINTON.JPG" width="130" height="86" alt="Blankfein of Goldman Sachs participates in discussion during the second day of the Clinton Global Initiative 2012 (CGI) in New York" align="left" title="Blankfein of Goldman Sachs participates in discussion during the second day of the Clinton Global Initiative 2012 (CGI) in New York" border="0" /></a>NEW YORK (Reuters) - Nobody likes taxes, and much of Wall Street has poured money into Mitt Romney campaign coffers to avoid paying higher ones. Yet a surprising number of top money managers say they are willing to pay modestly higher rates. They reason that revenue-raising measures are an essential complement to the spending cuts they say are needed to curb the massive U.S. budget deficit. &quot;It&#039;s kind of like taking a distasteful medicine. On the way down, it may not be pleasant,&quot; said Ron Florance, who helps manage assets worth $169 billion at Wells Fargo Private Bank. ...</p><br clear="all"/>http://news.yahoo.com/analysis-investors-open-higher-u-tax-shave-deficit-040303509--sector.htmlMon, 22 Oct 2012 05:53:53 -0400Reutersanalysis-investors-open-higher-u-tax-shave-deficit-040303509--sector<p><a href="http://news.yahoo.com/analysis-investors-open-higher-u-tax-shave-deficit-040303509--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/ff_q9bq4dyn39Xz7JFcmgA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-10-22T040427Z_1_CBRE89L0BBI00_RTROPTP_2_USA-CLINTON.JPG" width="130" height="86" alt="Blankfein of Goldman Sachs participates in discussion during the second day of the Clinton Global Initiative 2012 (CGI) in New York" align="left" title="Blankfein of Goldman Sachs participates in discussion during the second day of the Clinton Global Initiative 2012 (CGI) in New York" border="0" /></a>NEW YORK (Reuters) - Nobody likes taxes, and much of Wall Street has poured money into Mitt Romney campaign coffers to avoid paying higher ones. Yet a surprising number of top money managers say they are willing to pay modestly higher rates. They reason that revenue-raising measures are an essential complement to the spending cuts they say are needed to curb the massive U.S. budget deficit. &quot;It&#039;s kind of like taking a distasteful medicine. On the way down, it may not be pleasant,&quot; said Ron Florance, who helps manage assets worth $169 billion at Wells Fargo Private Bank. ...</p><br clear="all"/>World stock markets were mixed as traders unnerved by last week's disappointing U.S. corporate earnings results waited for another round Monday.http://news.yahoo.com/world-stocks-mixed-us-earnings-disappoint-091658341--finance.htmlMon, 22 Oct 2012 05:18:13 -0400Associated Pressworld-stocks-mixed-us-earnings-disappoint-091658341--finance(The following statement was released by the rating agency) Oct 22 - =============================================================================== Summary analysis -- PT Astra International Tbk. ...http://news.yahoo.com/text-p-summary-pt-astra-international-tbk-090623675--sector.htmlMon, 22 Oct 2012 05:06:23 -0400Reuterstext-p-summary-pt-astra-international-tbk-090623675--sector

Source: http://rss.news.yahoo.com/rss/stocks

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Why Greg Smith left Goldman Sachs

In this Tuesday, Oct. 16, 2012, photo, Greg Smith, the former Goldman Sachs banker, responds to questions during a news interview in New York. Smith was a vice president at Goldman Sachs until March when he announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.(AP Photo/Frank Franklin II)

In this Tuesday, Oct. 16, 2012, photo, Greg Smith, the former Goldman Sachs banker, responds to questions during a news interview in New York. Smith was a vice president at Goldman Sachs until March when he announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.(AP Photo/Frank Franklin II)

In this Tuesday, Oct. 16, 2012, photo, Greg Smith, the former Goldman Sachs banker, responds to questions during a news interview in New York. Smith was a vice president at Goldman Sachs until March when he announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.(AP Photo/Frank Franklin II)

In this Tuesday, Oct. 16, 2012, photo, Greg Smith, the former Goldman Sachs banker, poses for a photograph in New York. Smith was a vice president at Goldman Sachs until March when he announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.(AP Photo/Frank Franklin II)

Greg Smith wrote the essay that echoed across Wall Street like a thunderclap.

Smith was a vice president at Goldman Sachs until March. He announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.

And he struck a nerve. The essay went viral in the financial world and beyond. Smith was praised for uncloaking corruption that was crying out to be addressed, and also derided as a disgruntled employee.

Goldman Sachs denies Smith's allegations about deceiving clients. The bank says it took his concerns seriously, thoroughly investigated them, and found no evidence to support them.

Smith's book, "Why I Left Goldman Sachs," is being released Monday. It's a window into a company that is notoriously tight-lipped, with stories about a swaggering place where interns arise for 5 a.m. meetings and business trips mean slapping down $150 for one person's dinner.

What Smith hopes to do, he says, is educate people about how Wall Street works, and fuel a public conversation about what went wrong ethically, and how to fix it. The practices that caused the financial crisis, he says, were never really resolved; they're just lying dormant.

Smith, 33, gave his first print interview to The Associated Press. Excerpts have been edited for clarity and length.

Q: Tell us about March 14, the day you left Goldman. You were working in the London office, and you say you had already cleaned out your desk and had been told the editorial would go online at 7 a.m. your time.

A: I get up at 6 a.m., and I type a very heartfelt email to nine people in Europe, including the CEO of Goldman Europe, and express in very personal terms why I'm leaving. I talk about exactly what I thought was wrong with the place, this obvious deceit of clients.

Within five minutes I get an email back from someone on the management committee in Europe who says, "I'm really surprised to hear this. I'm in London today. I'd love to meet with you." I get two voice mails from two other people. And then at 6:57 or 6:58, the piece comes online.

Q: What did the bank do?

A: My work BlackBerry stayed on for about three more hours, and I started getting emails from clients who were saying, "We completely agree with you, we don't trust Goldman Sachs, we do business with you guys with a 'buyer beware' attitude." I started getting text messages from Goldman managing directors who were supportive as well. And Goldman reached out to me in formal fashion and said, "We're sorry to hear you resigned; we'd like to air these concerns out."

Q: The bank denies everything you've charged about them ripping off clients.

A: The thing that disappoints me most is that management is denying there's a problem. Why not try to repair the trust instead? Clients are telling you they don't trust you. There's been an SEC fraud suit that was settled for half a billion dollars.

(The Securities and Exchange Commission accused the bank of selling investments to clients when the bank believed the investments were going to fail. Goldman paid $550 million. It remains the largest SEC penalty paid by a Wall Street firm.)

I'm not some lone voice who thought there was a problem, a change from a client fiduciary model (doing what's best for the client) to use-the-client-to-extract-wealth model. It's a problem that many, many of my colleagues felt and that the public feels as well, borne out in SEC suits and congressional testimonies and clients saying publicly that they don't trust us.

Q: Were you just disgruntled? Maybe you didn't get the bonus or the promotion you wanted?

A: I was actually doing well in my career at Goldman. My bonus, I was told I outperformed my peers by 10 percent. I'm a competitive person, and my goal was to get promoted, and I was told by multiple partners that I was two years away from getting promoted. So it certainly was a goal of mine. And on the compensation side, I was earning a lot of money and had a very good living, so I was grateful for what I was earning. It allowed me to have a good life and to support my family and to do things that I thought were valuable.

Q: But you were at Goldman for almost 12 years, if you start with your summer internship in 2000. Weren't there times when you should have stood up, should have said something about what you thought was morally wrong?

A: I actually made a conscious decision not to sell toxic deals to clients. I didn't think it was the right thing to do, but I also saw the idea that if clients' trust is being burned and they're getting blown up, you're not going to have a career for very long.

Now that does not mean I was not part of a system that was doing things that were unethical. In the book, I try to show some of the conflicts I noticed that gave me pause. For many years, I gave the firm the benefit of the doubt.

It absolutely could have happened quicker. But one can always see things earlier and sooner.

Q: OK, but isn't the purpose of any capitalist company to make money? You certainly made a lot of money at Goldman. (Smith says he made in the "high hundreds of thousands of dollars" in his best years but declines to be more specific. His publisher declines to say what he was paid for the book.)

A: Capitalism should be where everyone competes hard and makes money, in an environment where there is fair play and competitiveness. Right now the system is stacked against everyone else in favor of the banks.

It's a little like a casino. A real casino is regulated and there are cameras everywhere and the casino cannot see your cards. With Wall Street today, the bank can see what every government, every pension fund, every hedge fund in the world is doing. They can effectively see everyone's cards. Then, instead of facilitating the client's will, they're trying to get the client to facilitate their will.

Q: What do you hope to accomplish with your book?

A: People know there's this huge conflict, and that things are being done that are unethical but are not necessarily illegal. But nobody can put their finger on exactly what the problem is. My goal with the book was to write it to a general reader who knows nothing about finance. By the time someone reaches the end of the book, they can say, "I can now speak more intelligently about where the conflicts of interest are, and I can lobby my congressman or I can speak about it more." If people are not educated about what the issues are, they're powerless. That was the problem with Occupy Wall Street ? they didn't know what they were protesting.

Q: The banks are going to say any bad practices were caused by just a few bad actors, and that those guys are gone.

A: This is not some conspiracy of five people sitting in a room plotting to destroy the world. This is far more boring. This is where people have created a perverse incentive system.

If someone can overcharge a client by a million dollars, their leaders are going to say, "Great job, we just made an extra million dollars off this pension fund."

Q: So the endemic part is that people don't speak up?

A: People don't like being asked or compelled to make morally dubious decisions. But unfortunately a lot of people's livelihoods are tied up in this, and it's not an easy thing to unwind. Their lives are caught up in this system where they're sending their kids to private schools ? it's almost like the machine for them is working so well that there's no way to undo it unless you want to change your lifestyle.

Q: Why should we care about what happens on Wall Street?

A: You see a lot of commentary that Wall Street is just rich people gambling with other rich people's money. I want people to know that it ultimately affects everyone. In 2008, banks had to be bailed out and that hits taxpayers. If you're a teacher or a fireman or a charity, and you have an investment fund that is trading with Wall Street, and Wall Street is not being held accountable and behaving ethically, then that directly impacts everyone.

Q: What about the reaction of your family and friends to all this? You didn't tell them about the editorial beforehand.

A: No, my mother would have been really upset, and frankly my mother is still very upset. She's mostly worried about how I don't have a job right now. For my parents' generation, the idea of stability is very important, while my generation is a little more idealistic about wanting to actually change things, even if it involves some kind of personal risk. It took me a while to show my mother that I was actually very proud of this.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-22-Leaving%20Goldman%20Sachs/id-2918d0b088e6476797541d156e1d22a8

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