Uncommon Money News (Vol. 42)


By: Roshawn Watson

In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy!


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Posts of the week (POW)

Amazon posts best Christmas sales in their 14-year history

Retailers sales sucked this Christmas

Toyota to post first loss in 70 years

Should you buy a car from a dying carmarker (POW)

Hospital ills from more bad debt, credit problems

Citibank to receive $43 billion bailout but agreed to limit executive pay

College profit as banks market credit cards to students

Credit card companies willing to deal over debt

Economy/Investing

The end of the financial world as we know it (POW)

Madoff Investor found dead in apparent suicide

Cash-strapped states contemplate selling roads, parks

Nobody at the top of the financial industry saw what was coming, that’s for sure. Either that, or they were just flat-out lying to us along the way.”

The Dow’s worst year since 1931

U.S. private employers shed 693,000 jobs in December

As economy dips, arrest for shoplifting soar

Jim Crammer’s advice not better than coin toss

Gas prices at five-year low

Porn mogul Larry Flint sues nephews over use of family name

Taylor Swift reigns Billboard 200 for 4 nonconsecutive week at Number 1 album sales

Taylor Swifts still in control of Billboard 200 for 5 nonconsecutive week at No. 1

Super Mario no longer the best-selling game of all time

Real Estate Money News

What if the housing market crashed (article from 2001) (POW)