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Daily Archives: May 5, 2009

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Rumors The Ten Of 19 Banks Failed “Stress Tests” (WFC)(BAC)(C)

Posted: May 5, 2009 at 4:35 am

Several news organizations are reporting that ten of the 19 banks subjected to "stress tests" will be asked to raise more capital. Since the firms are still debating with the ...
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Google (GOOG) And Apple (AAPL) Up Against Bogus Antitrust Probe

Posted: May 5, 2009 at 4:22 am

The FTC believes that there may be an antitrust problem because two members of the Google (GOOG) board sit on the Apple (AAPL) board. One of those is Google CEO ...
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Despite Signs To The Contrary, Real Estate Will Get Worse

Posted: May 5, 2009 at 4:11 am

Warren Buffett said that the real estate business his company Berkshire Hathaway owns is seeing a small improvement in housing demand. The National Association of Realtors seemed to confirm his ...
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Despair And The Vision Of The New Economy

Posted: May 5, 2009 at 4:04 am

A number of prominent American economists believe that the American economy has permanently lost its resilience and vitality. They believe that, for the first time in memory, America cannot rebuild ...
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Media Digest 5/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 5, 2009 at 2:59 am

According to Reuters, changes at Yahoo! (YHOO) are getting mixed reviews from employees. Reuters reports that ten banks could could have to raise new money after stress tests. Reuters reports ...
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Asia Markets And Europe Open 5/5/2009

Posted: May 5, 2009 at 2:21 am

Markets in Asia were modestly higher. Japan was closed for a holiday The Hang Seng was up .2% to 16,405. The Shanghai Composite moved up .3% to 2,568. At the ...
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