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Daily Archives: August 18, 2009

gm

US Car Quality Getting Better As Sales Disintegrate

The New York Times got ahold of an early version of the 2009 new vehicle study done by The University of Michigan Customer Satisfaction Index. The paper reports that "in the ...
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bank

The Fed Has No Leverage: Bank Lending Remains Moribund

The Fed made hundreds of billions of dollars in short term loans to banks. It was necessary, in the opinion of the agency, to do that to preserve the financial ...
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magazin

Reader’s Digest Goes Into Hospice

The US business of Readers Digest is going into Chapter 11. The immediate cause is the company’s need to restructure $1.6 billion in debt and to move ownership of the ...
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newspaper

Media Digest 6/18/2009

Reuters:   China's expansion is leading to charges is it stripping asset from other under-developed countries. Reuters:   UBS (UBS) will reveal the names of 5,000 clients in a deal with US ...
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china

Asia Markets And Europe Open 8/18/2009

Markets in Asia were mixed. The Nikkei rose .2% to 10,385. The Hang Seng rose 1% to 20,333. The Shanghai Composite rose 1.4% to 2,911. At the open in Europe, ...
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