Stock Downgrades: No Hollywood Ending for Netflix
Posted on December 06, 2012 at 09:25 AM EST
MINYANVILLE ORIGINAL Let the French worry about Doomsday Mountain — us Americans hurtle obliviously on towards the fiscal cliff. A society which spends its time searching for Kim Kardashian and honoring Honey Boo Boo is unlikely to be overly troubled by anything as trivial as a $16 trillion debt. So it was that stocks rose despite another day without a concrete deal in DC to solve our upcoming financial calamity.   Insurance outfit Travelers (TRV) jumped 4.92% its iconic umbrella apparently providing ample protection from some $650 million in Superstorm Sandy costs. We lost a legend of jazz who was banned from listening to the radio by his mother. ...
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