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Daily Archives: September 19, 2008

Uncle_sam

Uncle Sam Wants To Own Your Bank, And Your House

Posted: September 19, 2008 at 4:55 am

The latest in a very long list of government proposals to save the world is the most radical. Congress would create a mechanism to sweep the so-called toxic assets of ...
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Data

Citigroup (C): Vikram Pandit’s Year Of Living Dangerously

Posted: September 19, 2008 at 4:29 am

Vikram Pandit's job was to cut Citigroup (C) down to size. "Reverse the insanity of the empire builders who came before you", his investors said. Dump the damaged assets ...
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Newspaper

Media Digest 9/18/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 19, 2008 at 2:53 am

According to Reuters, Citigroup (C) is considering buying Washington Mutual (WM).Reuters reports that US markets rallied on word of a potential plan for the government to take over the toxic ...
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Jap

Asia Markets 9/19/2008 (LFC)(HBC)

Posted: September 19, 2008 at 2:19 am

Markets in Asia were sharply higher. The Niikkei was up 3.8% to 11.921. Mitsubishi UFJ Financial ran up along with most other financial shares. The Hang Seng rose 8.2% to ...
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