Why New York Foreclosures Are Grinding to a Halt

On Oct. 20, the state’s chief judge ended robo-signing by requiring a special affirmation from the banks’ attorneys. They now must swear that they know the banks’ documents are true because they checked the paperwork. The resul…

Daily Blogwatch: Mark Madoff, Oprah, Groupon and More

Some of Monday’s top online stories for investors, including: What a McCain-Palin victory might have looked like; how gold and silver could go ballistic by year end; and why Groupon is a real business.
Continue…

Is Twitter Worth $3.7 Billion? Not in the Real World

That’s the value a $200 million venture investment led by Kleiner Perkins this week implies. But that means Twitter would have a price-to-sales ratio of 840 compared to Facebook’s 26 — or Google’s 8.7. And Twitter’s growth may…