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Daily Archives: September 4, 2008

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China Economics 101: Stimulation Causes Inflation

The communist central government in China is starting to sweat a slowdown in the national economy of the world most populated country. It has begun to dawn on them that ...
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Boeing (BA): A Strike The Company Can’t Afford

Boeing's (BA) machinists have decided to strike the company over wage and benefit issues. The union will hold off walking out for two days to see if a last moment ...
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AIG (AIG): Create New Company, Dump Bad Assets

AIG (AIG) may resort to a tactic that is as old as the hills. It is considering taking its worst assets and moving them into a new company. This would ...
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Media Digest 9/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, NY State sent subpoenas to Bank of Americ (BAC) executives over auction-rate securities.Reuters reports the Boeing's (BA) machinist union voted to strike but stay on the job ...
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China

Asia Markets 9/4/2008

Markets in Asia were mixed.The Nikkei fell 1% to 12,558. Chip-making equipment supplier Tokyo Electron slid 4.4 percent to 5650.The Hang Seng dropped .5% to 20,493. The Shanghai Composite moved ...
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