A friend sent me these new Financial Terminology definitions created in the past 12 months…It helps to understand other things like prime rate and DOW futures.
CEO –Chief Embezzlement Officer.
CFO– Corporate Fraud Officer.
BULL MARKET …

Neel Kashkari is being put in charge of the $700 billion bailout/rescue funds.
Kashkari is/was the Treasury’s assistant secretary for international affairs.
And here are 12 other things we know about Neel Kashkari.
He is now the interim …

Toyota’s super cute, ultracompact iQ, no relation to your iPod or iPhone, will get a rear-end collision air bag. That way, if it gets bumped in the rear the air bag will spring open and …

Land prices are doing the “Jack and Jill” thing in Japan. Foreign firms are biting the bullet when it comes to buying land overseas = no one to push up the land prices in Japan…nationwide.
In …

When Japan sells less cars, lots of things happen. Toyota makes less money. Honda makes less money. Nissan makes less money. And so on.
But, that’s not all.
Blaming sluggish sales in the North American markets, Japan’s …

Mazda loves China for several reasons -
1. Mazda Motor Corp will launch its MPV minivan and Roadster sports car in China.

Reason – buy our cars, that is, stoke sales.
2. China’s FAW Group Corp will produce …

The world’s factory has new customers. China is deepening its ties with its Central Asian neighbors in hopes of selling (China’s goods) and buying (oil and natural gas).
China’s exports to Central Asia increased 26-fold from …

Guangzhou Automobile Group and Honda Motor Co. have a 50-50 joint venture operation. CAG sales were up 12.3%.
Dongfeng Motor Corp. and Honda Motor Croup have a 50-50 joint venture. Sales were up 46.5%.
Honda sales are …

You can do the math…abt 500,000 phone calls were made in about 4 hours. During the opening and closing ceremonies of the Olympic Games in Beijing, some 490,000 people made phone calls, 24,000 of them …

Psst! Want to make some money? Want to make some big money? Can you say a couple of million? A billion? $239 billion? $555 billion?
Seriously…China has earmarked some serious funds to develop its greener side.
The …