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Daily Archives: November 17, 2009

The Pay Czar Blinks, A Little

Posted: November 17, 2009 at 5:32 am

The pay czar, Kenneth Feinberg, is tough man. He has forced firms that have taken TARP money to sharply drop the base salaries of their senior managers. Executives will have ...
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Should McDonald’s And Wal-Mart Shelter The Mentally Ill And The Homeless?

Posted: November 17, 2009 at 5:10 am

It could be the economy or the fact that spending time in McDonald’s (NYSE:MCD), Target (NYSE:TGT), Starbucks (NASDAQ:SBUX), and Wal-Mart (NYSE:WMT) is more pleasant than it used to be. All ...
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Unemployed, But Still A Homeowner

Posted: November 17, 2009 at 4:57 am

There were two speeches by senior members of the US government about unemployment yesterday. The one that received the most attention was Federal Reserve chief Ben Bernanke’s talk at the ...
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Media Digest 11/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 17, 2009 at 3:55 am

Reuters:   The head of GMAC quit. Reuters:   Microsoft (NASDAQ:MSFT) co-founder Paul Allen has cancer. Reuters:   The Fed will keep rates low. Reuters:   Lehman sued Barclays (NYSE:BCS) over a "wind fall" ...
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Asia Markets And Europe Open 11/17/2009

Posted: November 17, 2009 at 3:30 am

Markets in Asia were mixed. The Nikkei fell .6% to 9,730. Sony (NYSE:SNE) dropped. The Hang Seng was down .1% to 22,914. The Shanghai Composite rose .2% to 3,283. At ...
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