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Daily Archives: December 12, 2008

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Goldman Sachs (GS) Bankers Check Into Poor House

Posted: December 12, 2008 at 6:33 am

Most of the CEOs at banks and investment houses are losing their bonuses this year, so what not let every employee at the firms share their pain? Even if they ...
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Delisting Roulette (NT)(F)(FNM)(FRE)(AIG)(SIRI)(JAVA)

Posted: December 12, 2008 at 6:16 am

The Nasdaq and NYSE have all sorts of rules about what a company has to have in terms of total shareholders, stock price, and balance sheet ratios to get listed. ...
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Fed

As Fed’s Assets Move Above $2 Trillion, Question Arises Of What It Is Really Worth

Posted: December 12, 2008 at 5:56 am

The Federal Reserve now has an asset base of more than $2 trillion. According to The Wall Street Journal, "Once recently announced programs to help consumer credit and mortgage markets ...
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Intel

Intel (INTC) Starts A Car Repair Company

Posted: December 12, 2008 at 5:36 am

Hand it to Andrew Grove, the former CEO of Intel (INTC). He wrote a book about how paranoid he is and why that kept his company ahead of the competition. ...
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Batmobile512

How Much Is GM (GM) Faking? The Balance Sheet Mind Game

Posted: December 12, 2008 at 5:24 am

With Republicans in the Senate thwarting an auto company bailout bill, GM (GM) has decided to play its trump card. It has hired bankruptcy counsel.According to The Wall Street Journal, ...
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Media Digest 12/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 12, 2008 at 3:53 am

According to Reuters, the auto bill died in the Senate and there will be no more action this year.Reuters reports that the Bank of America (BAC) will cut as many ...
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Ford1

Auto Bill Dies In Senate

Posted: December 12, 2008 at 3:20 am

According to Reuters, "The Senate failed to reach a last-ditch compromise to bail out automakers, effectively killing any chance of congressional action this year."Douglas A. McIntyre ...
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Jap

Asia Markets And Europe Open 12/12/2008

Posted: December 12, 2008 at 3:17 am

The death of the US car bailout bill hammered Asia stocks.The Nikkei fell 5.6% to 8,236. The Hang Seng was off 5.9% to 14,688.The Shanghai Composite fell 3.8% to 1,954.At ...
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