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Daily Archives: June 20, 2008

Who Will Kerkorian Sell Ford (F) To?

Ford (F) management believes that Kirk Kerkorian and his mob of friends are hanging around the car company because they think CEO Alan Mulally is doing a fine job. Ford ...
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Short Sellers Make Huge Bets US Financials Will Tumble As Citigroup (C) Sees More Write-Downs (LEH)(AIG)(WB)(WM)(ABK)(JPM)(GM)(F)(GE)(WMT)(MOT)(DAL)(EMC)(Q)

Citigroup's (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson & Co,says bank losses will hit $1.3 trillion. Write-downs at Lehman ...
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Media Digest 6/20/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the fuel price increase in China may bolster consumption.Reuters writes that the Fed's policy on inflation is starting to hurt the housing market.Reuters writes that the Bank ...
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Asia Markets 6/20/2008 (CN)(CHU)

Markets in Asia were mixed. The nikkei fell 1.3% to 13,942. Hitachi fell 2.3% to 776. KDDI fell 3.5% to 654000.The Hang Seng rose .1% to 22,812. China Netcom (CN) ...
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