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Daily Archives: February 18, 2009

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China Pushes “Bad Bank” As Good Policy

Posted: February 18, 2009 at 6:19 am

Now that the economies of the West are near ruin, China likes to push its form of national financial management and monetary policy as a better road not taken by ...
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McDonald’s (MCD) Storms China

Posted: February 18, 2009 at 5:58 am

McDonald's (MCD)  is planning to open 500 new stores in China over the next three years. Why? Because it can. McDonald's is one of a tiny handful of large American ...
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GM (GM): Trading $16.6 Billion For 47,000 Jobs

Posted: February 18, 2009 at 5:40 am

GM (GM) says it needs more money from the federal government or it will run out of cash next month. It has made some progress with its creditors and the ...
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Media Digest 2/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 18, 2009 at 3:54 am

According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with "massive fraud." Reuters reports that Trump's image ...
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Asia Markets And Europe Open 2/18/2009

Posted: February 18, 2009 at 3:16 am

Markets in Asia were mixed. The Nikkei fell 1.5% to 7,734. The Hang Seng was up .5% to 13,007. The Shanghai Composite fell 4.7% to 2,210. At the open in ...
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