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Daily Archives: December 19, 2008

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The Mark-To-Market Horse Race

Posted: December 19, 2008 at 6:11 am

The horses are off and running at Santa Anita. Banks cannot wait to get their hands on a new set of accounting rules that will almost certainly make their earnings ...
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95129c

Just When They Need The Money, The Government Hacks Credit Card Firms (MA)(C)

Posted: December 19, 2008 at 5:33 am

Just when credit card issuers from Mastercard (MA) to Citigroup (C) need the extra money due to deadbeats, the federal government is going to make it hard for them to ...
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Uncle_sam

Obama At The Dike: What Does $1 Trillion Buy?

Posted: December 19, 2008 at 5:00 am

The new administration will ask Congress for close to $800 billion to stimulate the economy and get America back on the road to recovery without straining the capacity of the ...
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Newspaper

Media Digest 12/19/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 19, 2008 at 3:31 am

According to Reuters, GM (GM) and Chrysler are close to a loan deal with the government.Reuters reports that Obama will ask for a major stimulus package focusing on infrastructure and ...
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Brit

Asia Markets And Europe Open 12/19/2008

Posted: December 19, 2008 at 3:05 am

Markets in Asia were mixedThe Nikkei fell .9% to 8,589. Toyota (TM) fell on word it might post a loss.The Hang Seng was down 1.9% to 15,208. HSBC (HBC) was ...
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