American Express (AXP): Consumer Not In A Coma
To hear some economists talk, the consumer does not have a dime and Christmas will not come this year. No one has cash for anything beyond gas, heating oil, mortgage ...Read Full Story »
Daily Archives: October 21, 2008
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The Paulson And Bernanke Follies
A cabinet secretary is a person who has taken a job which they believe is the crowning honor of their career until they realize that they cannot do it and ...Read Full Story »
Media Digest 10/21/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Japan markets were higher on a broad government bailout plan.Reuters reports that Merrill Lynch (MER) will cut 500 trading jobs.Reuters writes that low retailer prices and competition ...Read Full Story »
Asia Markets And Europe Open 10/21/2008
Markets in Asia were mixed.The Nikkei rose 3.3% to 9,306. Canon moved up as the yen weakened. The Hang Seng fell .8% to 15,206. China Mobile (CHL) dropped on poor ...Read Full Story »
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