Quantcast

Daily Archives: October 24, 2008

Unemply

Recession Deepens: Another Five Million Unemployed And Bottom Fishing Becomes An Art

Posted: October 24, 2008 at 4:43 am

No matter where economists look there is no evidence that a recession in the US, EU, and Asia is doing anything but deepening. The stock markets are the least of ...
Read Full Story »
Television

Media Digest 10/24/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 24, 2008 at 2:54 am

According to Reuters, Greenspan said he was shocked by the credit meltdown.Reuters reports that the value of Bear Stearns $30 billion mortgage portfolio fell 9%.Reuters writes that Asia and Europe ...
Read Full Story »
China

Asia Markets And Europe Open 10/24/2008 Huge Drops (SNE)(HMC)(TM)

Posted: October 24, 2008 at 2:18 am

Markets in Asia were sharply lower.The Nikkei dropped 9.6% to 7,649. Sony (SNE) fell after warning on earnings. Honda (HMC) and Toyota (TM) were both down over 5%.The Hang Seng ...
Read Full Story »