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Daily Archives: May 28, 2009

Water lilies

Federal Reserve To Undercut Bank Stress Tests

Posted: May 28, 2009 at 4:45 am

Now that the bank stress tests are over the firms that were examined and found to need more capital have been able to go about the business of raising it. Part ...
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bear

One Bank Regulator For One Mess

Posted: May 28, 2009 at 4:31 am

The federal government is considering having one regulator to oversee the entire banking system. The mess in the industry is so great that the idea of consolidating the power to ...
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bank

The United States Debt: Safer Than Fort Knox

Posted: May 28, 2009 at 4:18 am

No one should have to tell the US government that it has the highest possible credit rating. It is the government of the world’s largest economy, the world’s most voracious ...
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oil

Another Hundred Years Of A World Fueled By Oil

Posted: May 28, 2009 at 4:12 am

The head of Exxon Mobil (XOM), which from time to time is the most profitable and most valuable company in the world, told people attending the firm’s annual meeting that ...
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newspaper

Media Digest 5/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 28, 2009 at 2:58 am

Reuters:   Central bankers in the US and Europe are battling deflation and inflation simultaneously. Reuters:   GM (GM) is close to bankruptcy but the fate of Opel is still open. Reuters:   ...
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Sunset

Asia Markets And Europe Open 5/28/2009

Posted: May 28, 2009 at 2:25 am

Markets in Asia were mostly higher with China closed. The Nikkei rose .1% to 8,451. At the open in Europe, the FTSE was down .7%. The Dax was off 1.2% ...
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