http://itulip.com/forums/showthread....0159#post50159Why does the American government consistently fail to foresee the future results of its own actions? Because it is incompetent. It is managing the economy and financial crisis Wile E Coyote style.
http://www.marketwatch.com/news/stor...%7D&siteid=rssHONG KONG (MarketWatch) -- China has approved a plan to allow margin trading and short selling on its stock markets, according to a media report Friday.
http://www.marketwatch.com/news/stor...%7D&siteid=rssHONG KONG (MarketWatch) -- New Zealand fell into recession in the second quarter, marking the first time its economy has contracted for two consecutive quarters in more than a decade.
http://money.cnn.com/2008/09/25/news...ion=2008092519In the biggest bank failure in history, JPMorgan Chase will acquire massive branch network and troubled assets from Washington Mutual for $1.9 billion.
http://bankimplode.com/blog/2008/09/26/hedge-flight/Morgan Stanley is having trouble keeping hedge funds confidence. In the midst of market turmoil last week as J.P. Morgan and changed stripes from being an investment bank to to a bank the hedge funds fearing a Lehman like catastrophe took flight.
http://globaleconomicanalysis.blogsp...-disgrace.htmlInquiring minds are interested in Nouriel Roubini's thoughts on the Paulson Plan. Please consider the RGE Conference Call on the Economic and Financial Outlook..and why the Treasury TARP bailout is flawed.
http://globaleconomicanalysis.blogsp...is-closed.htmlCredit Market Is Closed
Minyanville Professor Bennet Sedacca is the brightest fixed income mind I know. Inquiring minds are tuning in to see his take on the Credit Rout for Wachovia, WaMu.
http://hf-implode.com/viewnews/2008-...epression.htmlThe claim that the market caused all this is so staggeringly foolish that only politicians and the media could pretend to believe it. But that has become the conventional wisdom, with the desired result that those responsible for the credit bubble and its predictable consequences... are being let off the hook.
http://www.mcclatchydc.com/227/story/53107.htmlIs the bailout needed? Many economists say 'no'
http://www.telegraph.co.uk/finance/f...hers-deal.htmlNomura International will today announce that it has bought the fixed income divisions of Lehman Brothers in a deal that is believed to be worth just $2 (£1.0.
http://www.forbes.com/markets/2008/0...ed=rss_marketsHSBC Slashes 1,100 Jobs; Others May Follow
http://www.marketwatch.com/news/stor...%7D&siteid=rssTreasury Secretary Henry Paulson, House Speaker Nancy Pelosi, and Senate Majority Leader Harry Reid stood with top negotiators to announce the tentative accord on a $700 billion plan to have the Treasury purchase bad assets, the Journal reported.



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