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Daily Archives: October 15, 2008

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Jamie Dimon Shows How It Is Done (JPM)

Posted: October 15, 2008 at 6:11 am

JPMorgan Chase (NYSE: JPM) has just released earnings and Jamie Dimon is showing he is a better manager even than the most positive reviews have given him over the years.  ...
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Unemply

Credit Crisis In Hand, Economy Faces Rolling Lay-Offs Which Could Hit Millions

Posted: October 15, 2008 at 6:01 am

Now that the government has done its best to address the credit and banking crisis by putting $700 billion into the American financial system, the economy faces what is likely ...
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With US Budget Deficit At $455 Billion, Government Options Narrow

Posted: October 15, 2008 at 5:52 am

The federal budget deficit hit $455 billion for its September fiscal year. That is up $389 billion from the year before. The deficit will certainly get a lot worse. The ...
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Fed

Bank Lending, You Can Lead A Horse To Water…

Posted: October 15, 2008 at 5:18 am

Paulson's plan to put $250 billion into nine banks, whether they want the money or not, is really supposed to do as much for financial firm customers as it is ...
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Tech Earnings On Deck, Looking Ugly (AAPL)(GOOG)(MSFT)(INTC)(SAP)

Posted: October 15, 2008 at 4:59 am

Intel (INTC) said it loved its past and hated its future. The Age of Romance must be over. These sentiments are supposed to be the other way around.The world's largest ...
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Newspaper

Media Digest 10/15/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 15, 2008 at 2:56 am

According to Reuters, economic attention has now turned to the recession.Reuters reports that a new survey shows that half of all workers are worried about their jobsReuters reports that unions ...
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China

Asia Markets And Europe Open 10/15/2008

Posted: October 15, 2008 at 2:16 am

Many markets in Asia were lower.But, the Nikkei rose 1.1% to 9,547. The Hang Seng fell 2.4% to 16,438. ICBC fell 2.7%. CNOOC waa off 3.8%. PetroChina (PTR) moved down ...
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