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Bernard Madoff walks back to his apartment in New York

Select quotes from Bernard Madoff in magazine interview

Convicted hedge fund swindler Bernard Madoff gave an interview to New York Magazine, in which he discussed a number of subjects, including government regulatory reform, prison life and his family. Here are some choice quotes from the interview:

Stocks open higher in early trade, incomes jump

US stocks opened higher in early trade on Monday, with S&P 500 Index gaining 7.54 points, or 0.57 percent, to trade at 1,326.97 at 09:55 a.m. EST. The Dow Jones Industrial Average is up 76.82 points, or 0.63 percent, to trade at 12,207.27. The Nasdaq Composite Index rose 0.49 percent to trade at 2,795.40.

Sunstone Hotel Investors Upgraded at RBC Capital

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RBC Capital Markets upgraded its rating on shares of Sunstone Hotel Investors Inc. (NYSE: SHO) to "outperform" with above average risk from "sector perform" and increased price target to $14 from $11.
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Citi could face up to $3 billion in Lehman claims

Citigroup Inc could face up to $3 billion in claims from the bankruptcy proceedings of Lehman Brothers Holdings Inc , the third largest U.S. bank by assets said in a regulatory filing on Friday.
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Glencore in talks with China, Qatar funds: report

Glencore in talks with China, Qatar funds: report

Swiss commodities trader Glencore has opened up talks with sovereign wealth funds in China and Qatar to bring in a cornerstone investor ahead of its planned listing on the London Stock Exchange, The Sunday Times reported.
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Succession, derivatives on tap in Buffett letter

Don't bother calling your favorite value investor on Saturday morning -- he or she will be busy devouring every last word of annual wisdom from the guru of that investing discipline, Warren Buffett.
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The Goldwatcher: Demystifying Gold Investing

Why did the price of gold hit record highs in 2008? Take a look at the headlines - government bailouts of failed banks, mortgage and credit crises, rising inflation, slowing growth and global insecurity. In order to protect themselves from treacherous financial markets and depreciated paper currencies investors worldwide are turning to gold.
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Gold near $1,400/oz, supported by Mideast unrest

Gold held near $1,400 an ounce in Europe on Friday, supported by interest in the metal as a haven from risk as violence flared in Libya, but struggled to maintain traction as some investors cashed in this week's hefty gains.

Chinese investment in Japanese firms surges -WSJ

China's government investors more than doubled their investments in major Japanese blue-chip companies in 2010, the Wall Street Journal said, citing investment advisory firms and people familiar with the matter.
Sinopec, Australia Pacific in 20-yr LNG deal

Sinopec, Australia Pacific in 20-yr LNG deal

China's Sinopec clinched the second-largest single Chinese liquefied natural gas deal, and ventured for the first time into a foreign unconventional gas asset to feed a domestic boom for the clean fuel.
Traders work on the floor of the New York Stock Exchange

US futures up ahead of GDP data

Futures on major U.S. stock indices remained range-bound on Friday ahead of economic data including key GDP figures from the government.

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