US Futures Are Tanking, Hong Kong Is Getting Slammed, China Data Comes In Weak


And the beatings resume!

Following the directionless action in the US market today, Dow futures are tanking after hours, and the other indices are pointing to losses on the order of 1%.

News about the Fed doing fresh stress tests isn't helping calm fears.

Also, Chinese preliminary November PMI came in at 48 (contraction) vs. 51 in the previous month.

And finally, there's chatter about the Dexia bailout being on the rocks.

Hong Kong is getting slammed again in the early going.

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Source: http://feedproxy.google.com/~r/businessinsider/~3/9lHfa6x_YxU/us-futures-are-tanking-hong-kong-is-getting-slammed-2011-11

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The Bankruptcy Debtor's Guide To Black Friday

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Thanksgiving is almost here and for many it means the start of the holiday shopping season. But for debtors considering bankruptcy, Black Friday shopping must be approached with extreme caution. Below are a few tips on how debtors considering bankruptcy should approach the holiday shopping season: Avoid Credit Card Use - If a debtor is considering bankruptcy, they should immediately stop using their credit cards.

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The 10 Most Tweeted Moments Of All Time


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Twitter, the micro-blogging site started in 2006 by Jack Dorsey, sees roughly 5 billion tweets every month, according to the company.

It’s a social circle that has advertisers giddy with possibility, sparking talk of sky-high valuations on Wall Street and in secondary market circles.

See The 10 Most Tweeted Moments >

What makes Twitter so popular is simple: people tweeting.

So what makes a moment worth tweeting about? The most tweeted moment in recent memory occurred earlier this month, when Apple Chairman and cultural icon Steve Jobs passed away. The site experienced traffic of more than 6,000 tweets per second, causing many users to notice system delays and slowness.

Even so, such a news-making event, especially within social networking circles, was not the most tweeted moment of all time. So what was?

The following is a list of the 10 most recent record-breaking moments on Twitter, as measured in tweets per second.

See The 10 Most Tweeted Moments >

This post originally appeared at CNBC.com.

10. Osama Bin Laden?s Death

  • Tweets Per Second: 5,106

  • Date: May 1, 2011

Al Qaeda leader Osama bin Laden was killed in a firefight with U.S. forces in Pakistan in the spring of 2011, ending a nearly 10-year worldwide hunt for the mastermind of the Sept. 11 terrorist attacks.

It was the biggest national security victory for President Barack Obama since he took office in early 2009 and could give him a political boost as he seeks re-election in 2012.

Former President George W. Bush, who vowed to bring bin Laden to justice "dead or alive," but never did, called the operation a "momentous achievement" after Obama called him with the news.

Besides 9/11, Washington also has linked bin Laden to a string of attacks, including the 1998 bombings of American embassies in Kenya and Tanzania, and the 2000 bombing of the warship USS Cole in Yemen.

Source: CNBC.com.

9. East Coast Earthquake

  • Tweets Per Second: 5,449

  • Date: Aug. 23, 2011

A 5.8 magnitude earthquake centered northwest of Richmond, Va., shook much of Washington, D.C., and was felt as far north as Rhode Island, New York City, and Martha's Vineyard, Mass. The U.S. Geological Survey said the earthquake was half a mile deep.

Shaking was felt at the White House and all over the East Coast, and as far south as Chapel Hill, N.C. Parts of the Pentagon, the White House, and the Capitol building were evacuated.

Quakes on the East Coast aren’t rare, but typically are much smaller in magnitude, which means some of the country’s biggest population centers there are much less prepared for shaking than places such as California or Alaska, where large seismic events are more common.

Among the damage: The Washington National Cathedral’s three of the four pinnacles on the central tower fell off, and the Washington Monument sustained cracks and had to be closed for repairs.

Source: CNBC.com.

8. Last Game of the 2011 NBA Finals

  • Tweets Per Second: 5,531

  • Date: June 12, 2011

The National Basketball Association ended its season with the Dallas Mavericks defeating LeBron James’ much-hyped Miami Heat in a 105-95 victory.

Mavericks’ outspoken owner Mark Cuban, the billionaire and entrepreneur, purchased the team in 2000 for $280 million. His net worth is estimated to be at $2.3 billion, accord to Forbes magazine. 

Source: CNBC.com.

See the rest of the story at Business Insider

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Source: http://feedproxy.google.com/~r/businessinsider/~3/KQxFGntS0YA/historys-10-most-tweeted-events-2011-11

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4 Steps to Debt Relief

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Do you need a debt relief consultation with a debt consolidation company, but don't know where to start or whether you even qualify? Follow 4 steps to finding out your next one. Today there is a flood of debt relief companies as a result of the current economic struggle. From debt consolidation to debt settlement, companies offer solutions to get out of debt and stay out of debt. Find out where you stand with your debt and what 4 things you need to do right away.

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Do I Qualify to File for Bankruptcy?

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If you find that you are struggling with debt, it is not unlikely that you are looking into the possibility of filing for bankruptcy. When facing a decision such as this, one of the most pertinent questions that you will likely find yourself facing is simple - do I even qualify?

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Source: http://ezinearticles.com/6701136

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How To Deal With Bailiffs

In acquiring good Bailiff and bailiff law advice, one learns about their rights and what is and is not allowed from a bailiff. It is unfortunate that there are some who take advantage of the economic situation all around the globe. The purpose of this outline is to bring attention to acceptable and unacceptable behavior [...]

Source: http://www.legaldebthelponline.com/2011/11/20/how-to-deal-with-bailiffs/

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