Chris Franklin, CEO Titan Financial, holds court

Over the past four years the Shock Exchange has learned the fundamentals of investing, followed the performance of those stock picks and the issues affecting those companies from company specific issues to the overall economy.  In the process people visiting our website also educated themselves on the mystical, magical world of investing and the macroeconomic forces that impact the Market.  Who knew we would launch an exciting trend in the process - teaching financial literacy.  As I have stated from the outset, financial literacy is a life skill that all Americans should have.  This is expecially true given that individuals, and not corporations, are now responsible for their own savings from retirement.  The "James Brown" of youth mentorship programs, the Shock Exchange is the most sampled and copied travel team/youth mentorship in this country's history.  From teams stealing our players to polititians and entertainment moguls biting our style, we can only be flattered ... because after all, imitation is the grandest form of flattery.

Senator Charles Grassley (Rep, Iowa) has asked the U.S. pay czar to explain why AIG's general counsel received millions of dollars in severance upon her departure.  Anastasia Kelly, AIG's ex-general counsel, was awarded an exit package of $3.9 million after resigning on December 30th.  In our article titled "Does AIG Have The Government a Lil Bit Pregant?" http://clicky.me/DonMagicJuan , the Shock Exchange shed light on the severance payment and how AIG's posture has changed from one of begging to one of dictating terms.  The Wall Street Journal quoted Sen. Grassley as saying "The taxpayers are fed up with massive payouts to executives at companies that took tax-payer money".  The Journal went on to say that Sen. Grassley called the payout a "windfall".  In a letter to Kenneth Feinberg, the pay czar, Sen. Grassley asked for Ms. kelley's salary history, the formula for the severance, and a copy of AIG's executive severance plan.  For the WSJ article go here:  http://bit.ly/7L9pHB . 

A coalition led by New York City Councilmember Charles Barron and other activists and organizations will form a protest on Wall Street January 15, 2010 from 3:30 to 6:00pm at Wall Street and Broad.  The coalition is being led by New York City Councilmember Charles Barron and other activists and organizations urges you to join us on Wall St. on Friday, January 15 between 3:30 and 6 p.m. Coalition members include the Bail Out the People Movement; Rob Robinson of Picture The Homeless; Operation Power; Brenda Stokely of the Million Worker March Movement; Desiree Pilgrim-Hunter of the North Bronx Community Clergy Coalition; Benita Johnson, recording secretary of the Transit Workers Union Local 100; the Harlem Tenants Council; Peoples Organization for Progress; the May 1st Coalition for Immigrant and Worker Rights; labor activists from AFSMCE and the Teamsters; and youth groups like Fight Imperialism Stand Together (FIST) along with many others.  For full details go here:  http://bit.ly/6Xqhls .