'Dollar', Lipstick, Spam & Wii are winners, More Madoff Victims revealed & dealing with lower credit card limits - Today in Money 12/31

Posted Dec 31st 2008 9:13AM by Allan Halprin
Filed under: Dell (DELL), Time Warner (TWX), Viacom (VIA), Money and Finance Today, Mattel, Inc (MAT)

In the News:

· Bernie Madoff Faces Deadline Today to Reveal His PersonalAssets

· Kevin Bacon, Kyra Sedgwick & 'Dr. Doom' Latest Victims in Madoff Ponzi Scheme

· Fed Set to Buy Mortgage-Backed Securities

· Dell Does Management Reorganization

· 'Spongebob', MTV May Go Dark on Time Warner Cable at Midnight

· October Home Prices Fall at Fastest Annual Rate on Record

· Consumer Reports Publisher Buys Blog Consumerist

· Which Airlines Will Disappear in 2009?

· Barbie vs. Bratz: Bratz Winning for Now; Gets Reprieve Through 2009

Lipstick, Wii, Spam and "Dollar" are Winners

Despite frozen credit and slow consumer spending, a (precious) few sectors are thriving. Successful industries sell anything with the word "dollar" in it, lipstick, Wii and Spam. The seven winning industries of 2008 include video games, cosmetics, waste management, comfort food, discount retailers, for-profit education and fast food. http://money.cnn.com/galleries/2008/fortune/0812/gallery.kimes_bestindustries.fortune/index.html

Making the Best of Lower Credit Card Limits

Credit card issuers seem to be cutting card limits arbitrarily. Here's what to do if this happens to you.

http://www.bankrate.com/brm/news/financial_literacy/credit_help/credit_limits_a1.asp?caret=121a

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