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Daily Archives: June 5, 2009

bank

FDIC Ready To Undermine Citigroup’s (C) New Board

Posted: June 5, 2009 at 4:55 am

The Fed and the Treasury have put pressure on Citigroup (C) to create a new board of directors. Richard Parsons, the bank's chairman, is well on his way to doing ...
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oil

Why The West Hates Chinese Investments

Posted: June 5, 2009 at 4:37 am

The developed countries are beginning to view China as one large vulture fund which bankrolls companies that it controls to buy up key overseas asset at prices undermined by the ...
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bear

The Pace Of Job Creation Needs To Be Accelerated

Posted: June 5, 2009 at 3:49 am

The most significant and measurable failure of the economic stimulus package, the so-called American Recovery and Reinvestment Act of 2009, is its inability to quickly create jobs.  The $787 billion ...
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newspaper

Media Digest 6/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 5, 2009 at 3:02 am

Reuters:   Rio Tinto (RTP) has killed a deal with Chinalco for one with BHP (BHP). Reuters:   US regulators insisted JP Morgan (JPM) and Amex (AXP) raise money to exit the ...
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Sunset

Asia Markets And Europe Open 6/5/2009

Posted: June 5, 2009 at 2:22 am

Markets in Asia were mixed. The Nikkei rose 1% to 9,766. The Hang Seng was up .1% to 18,516. The Shanghai Compsite fell .5% to 2,754. At the open in ...
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