had a feeling this would be coming. bloombergs brian faler wrote earlier monday
the state fair last week in perry georgia a town 100 miles south of atlanta had something for everyone pulledpork stands bumper cars the world famous redwood log house and a testy debate over the 700 billion plan to arrest the nations financial crisis.
in an arena sandwiched between the cattle barn and the tractor sho... [Show More]
blithe casting Post Source: www.broadwaystars.com Posted: Oct 14 2008 15:47:07
p angela lansbury to return to broadway in blithe spirit revival
tm angela lansbury rupert everett christine ebersole now set for broadway blithe spirit
b mercedes ruehl and lily rabe join richard greenbergs the american plan at mtc
tm mercedes ruehl and lily rabe to star in mtcs the american plan
p ruehl and rabe to star in broadway premiere of greenbergs american plan
p public adds per... [Show More]
... their independence and theyll be subject to the governance of the same rocket scientists who helped cause the mess. there is no way that this forced nationalization can end well....... [Show More]
wreckjavik Post Source: www.crossingwallstreet.com Posted: Oct 14 2008 14:53:50
poor little iceland. the country is probably best described as a hedge fund with a vote in the un. the stock exchange there was shut down for three days and it just reopened. down 77.
kaupthing bank hf glitnir bank hf and landsbanki islands hf collapsed this month with debts equivalent to as much as 12 times the size of icelands economy. the three banks accounted for about 76 percent of the icex ... [Show More]
filed under before the bell competitive strategy google goog yahoo yhoo general motors gm viacom via bank of america bac cbs corp b cbs goldman sachs group gs
u.s. stocks may continue their record rally from monday as investors confidence was buoyed by treasury secretary henry paulsons plan to invest 125 billion in the nine largest financial institutions. japan nikkei 225 index had its biggest ju... [Show More]
some other stories from the nuclear industry you may have missed
pittsburgh tribunereview nuclear stances differ in degree
republican presidential hopeful john mccain has called for the construction of 45 plants by 2030. democrat barack obama concedes that nuclear power has a role to play in cleanerburning energy production but has set no construction targets and unlike mccain opposes storing the... [Show More]
chinas clothing and textile industry the worlds biggest garment and shoe supplier faces a worsening operating environment as the global financial crisis cuts demand and a rising currency erodes profits.
the deepening credit crunch could hurt chinas exports and the subsequent bailouts by western governments will likely increase the relative value of chinas currency curbing exporter profits sun huai... [Show More]
china increased crudeoil imports to a record last month taking advantage of falling prices as domestic refining capacity climbed.
crude imports surged 46 percent to 20 million metric tons or 4.87 million barrels a day in september from a year earlier according to bloomberg news calculations based on figures provided by the countrys customs administration on its website yesterday.
august purchases... [Show More]
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gmail
silverlight 2 google chrome support yes iphone no
google loses german copyright cases over im... [Show More]
a long time ago in a galaxy far far away the occupation of banker was seen by many as a prestigious one. bloombergs joe mysak wrote on october 7
not too long ago careers in finance beckoned the ambitious and avaricious. in new york in particular the only lives worth living seemed to be led by those who worked on wall street and whose compensation was determined in widely reported yearend lifealter... [Show More]
the dow went up today.. dont watch the dow. heres the number that really captures the financial crisis ted spread. bloomberg ted spread chart.
understand ing the ted spread.
npr 12minute interview explains the ted spread audio.
previously on mefi comments....... [Show More]
last week things looked bleak for equity investors. aas the dow jones and sp 500 slid to historic lows and the ted spread soared to a historic high more on that below it looked to many like the thing to do was pull out of stocks entirely and enter safer assets like gold tbills and steady bank savings accounts. abut on monday the market bounced led by the news that the u.s. government will invest u... [Show More]
bespokeahigh yield spreads at everest proportions
the ted spread remains above 4.5. not many signs of relaxation in credit markets.
morgan stanleyaheightened alert on many axj currencies
. . . athe adjustment of hedging strategies by local economic agents has been the singlemost powerful driver behind the recent weakness in krw inr brl and mxn.afor countries that have experienced persistent cu... [Show More]
in a move which makes it difficult to determine if the government is emulating the europeans or warren buffett we like the buffett angle much better the government we read this as the treasury is poised to slup up preferred shares in nine top financial institutions. bad jokes about canceled abc prime time programs aside it will be interesting to see who the government thinks the nine are. is tha... [Show More]
at our staff meeting this ayem we talked about the latest plan to stop the global economic meltdown. heres what i dont get and i know im not alone we were all told by hank paulson ben bernanke et alia that if we didnt all throw 700 billion at the dragon rightthisveryminute we were going to all die horrible deaths. so we did ... and the danger didnt go away nor did we die horrible deaths. everythin... [Show More]
936 points up Post Source: feedproxy.google.com Posted: Oct 13 2008 21:16:29
i knew today was going to be a fantastic day for equities given what we saw in asia overnight and in europe. but 936 points up for the dow is pretty spectacular. as bad as this past thursday was for the market in general and financial shares in particular this day was good.financials led gains with morgan stanley up 87 on the day due to an investment by japanese financial giant mitsubishi ufj. ... [Show More]
karin matussek bloomberg
google loses german copyright cases over imagesearch previews oct. 13 bloomberg google inc. owner of the worlds most popular internetsearch engine lost two copyright lawsuits in germany over displaying photos and artworks as thumbnails in a preview of search results....... [Show More]
meet neel kashkari 35 years old and the interim head of tarpthe troubled asset relief program. kashkari is a former vice president at goldman sachs treasury secretary paulsons old firm. it is kashkaris job to administer the tarp a protective blanket that is to be cast over the nations financial system and guide the treasury department in their effort to save the financial sector.
a little over a w... [Show More]
neel kashkari the u.s. treasury official overseeing the 700 billion rescue of the financial system said government equity injections will be aimed at healthy firms.
we are designing a standardized program to purchase equity in a broad array of financial institutions kashkari who heads the departments troubled asset relief program said in a speech in washington. the equity purchase program will be... [Show More]
sure it was fun hanging out with your friends buying a contractor to make the tallest tower in the world. it was all fun and games when you were showing off for your friends like bottle service in the city. sure they knew you had a fake id and all but the black card got you in and after that matters just took themselves in hand. next thing you knew you were throwing a bunch of sand in the water... [Show More]
good monday morning and happy columbus day. if we were making up a holiday wed make sure it wasnt three weeks before election day so that even political reporters could take the day off. heres what the unlucky few still working in washington are watching
last weeks dramatic market slide wont happen a second time in a row many economists think thanks to a bold british move to insert the u.k. gove... [Show More]
it is hard not to sicker at the snotty europeans and i say this with all the love in my heart who pointed fingers from lofty heights when the u.s. began tinkering with hundreds of billions of bailout. originally germany was rather curt about the whole thing. there will be no eurowide bailout efforts. each country would have to stand on its own. the british will back us up on this with their st... [Show More]
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