Another Fed Cut And Another OPEC Cut: 1+1=0
Las Vegas odds are currently 10-to-1 in favor that the Federal Reserve will cut rates at its upcoming meeting. This was not going to happen. The Fed is never to ...Read Full Story »
Daily Archives: October 26, 2008
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As Porsche Takes Over VW, Big Three Find An Acquirer
Porsche is not a very big car company, but it has had some special rights to buy a significant amount of equity in the largest car company in Europe--VW. The ...Read Full Story »
Companies Beyond Financial Sector Want Bailout Cash, A Bad Idea (C)(WFC)(NCC)(WB)
Too many mouths to feed. Someone will have to starve.Now that Henry Paulson has $700 billion and some discretion about how to spend it companies from car manufacturers to airlines ...Read Full Story »
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