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Daily Archives: May 15, 2009

bank

No Recovery In Europe Means No Recovery Elsewhere

Posted: May 15, 2009 at 5:03 am

The GDP of the Euro-zone is larger that that of the US and it is in just as much trouble. In the 16-nation alliance GDP dropped 4.6% last quarter. Germany's ...
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bank

Nationalizing The Bank Of America (BAC) Board Of Directors

Posted: May 15, 2009 at 4:48 am

The federal government seems to think that many of the directors on the Bank of America (BAC) board are not qualified to serve. To solve that problem, the bank is ...
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Winter

GM’s (GM) Deal With The UAW: Another Contribution To Unemployment

Posted: May 15, 2009 at 4:33 am

GM (GM) is getting close to a deal with the UAW which will allow the auto company to lower its annual expenses by $1 billion. It will also lead to ...
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bear

The Video Game Economic Index (MSFT)(SNE)

Posted: May 15, 2009 at 4:19 am

Video games and video game consoles are sold across a broad spectrum of consumers whether they are measured by income or region. The games are also inexpensive enough so that they ...
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bank

Wal-Mart’s (WMT) Own Dollar Menu

Posted: May 15, 2009 at 3:57 am

McDonald’s (MCD) did so well with its dollar menu that Wal-Mart (WMT) decided it will create one, too. The difference is that the Wal-Mart version will be merchandise and not ...
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bear

The Economy: Consensus Vs. The Lunatic Fringe

Posted: May 15, 2009 at 3:50 am

The Wall Street Journal regularly polls 52 prominent economists and asks them their forecasts for key indicators including GDP and unemployment. The results of the most recent poll were encouraging. ...
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newspaper

Media Digest 5/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 15, 2009 at 2:57 am

Reuters   SEC employees are under investigation for insider trading Reuters   Treasury has approved several insurance companies for receiving TARP funds Reuters   GM (GM) is close to a deal with the UAW. ...
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Sunset

Asia Markets 5/15/2009

Posted: May 15, 2009 at 2:22 am

Markets in Asia were higher. The Nikkei rose 1.8% to 9,266. The Hang Seng was up 1.8% to 16,945. The Shanghai Composite rose .2% to 2,645. In Europe, at the ...
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