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Financial Crisis News
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Submitted by Magitam
from Google Reader:
Wacky Business School Traditions: Including pants-free pub crawls, Olympics, human castles, mustache competitions…. (BusinessWeek)Daily Dose of Snark: The Wall Street Journal Tackles the Important Stuff. (Cityfile)Rising Renminbi: Chinese private equity funds are emerging in big cities as China promulgates new regulations (Read More)
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Submitted by Magitam
from Google Reader:
“For better or worse, the more likely culprit for the uptick in market mood swings is the increased popularity of ETFs. As more take bets on sectors and asset classes rather than individual stocks, it has become a market where good news lifts all boats, and bad news sinks all ships.” (Bespoke)The stock market is now 20% o (Read More)
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financial,
financial crisis
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WSJ.com: What's News US:
Many Democrats and Republicans praise Bernanke, but some say the financial crisis requires an overhaul of the Fed's responsibilities and tighter congressional oversight.
. (Read More)
Topics:
financial,
financial crisis
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Wall Street Journal:
The European Central Bank announced its first active step to unwind the stimulus measures it has used to support the financial sector since the global crisis last year. (Read More)
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BBC:
A report into financial chaos at a north London university finds board members were aware false claims for funding were made. (Read More)
Topics:
financial,
financial crisis
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WSJ.com: What's News US:
The European Central Bank announced its first active step to unwind the stimulus measures it has used to support the financial sector since the global crisis last year.
. (Read More)
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Wall Street Journal:
FRANKFURT (MarketWatch) -- German Finance Minister Wolfgang Schaeuble said Friday that the global economy is far from a self-sustainable recovery. "It's too early to say we're beyond the crisis. We're still quite far away from a self-supporting [economic] recovery," he said in a speech at the Frankfurt European Banking Cong (Read More)
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Wall Street Journal:
FRANKFURT (MarketWatch) -- Axel Weber, president of the Deutsche Bundesbank, defended the role of regulators and monetary policy on Friday, saying they were not to blame for the global financial crisis. "Monetary policy was not part of the culprit. Banks have to adjust down their profit aspirations in a low-interest-rate en (Read More)
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Wall Street Journal:
LONDON (MarketWatch) -- European Central Bank President Jean-Claude Trichet on Friday warned that it was premature to conclude that the financial crisis has fully run its course. Analysts said the remarks contributed to risk aversion in financial markets, helping to lift the dollar. "I understand that the mood in the financ (Read More)
Topics:
financial,
financial crisis
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Wall Street Journal:
FRANKFURT (MarketWatch) -- German Finance Minister Wolfgang Schauble said Friday that the global economy is far from a self-sustainable recovery. "It's too early to say we're beyond the crisis. We're still quite far away from a self-supporting [economic] recovery," he said in a speech at the Frankfurt European Banking Congr (Read More)
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MSNBC:
“Growing discontent over the economy and frustration with efforts to speed its recovery boiled over Thursday on Capitol Hill in a wave of criticism and outright anger directed at the Obama administration,” the Washington Post writes. “President Obama's allies in the Congressional Black Caucus, exasperated by the administrat (Read More)
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Wall Street Journal:
By Susan DavisA New Kind of Declaration: Christian activists are holding a new conference today at the National Press Club to release the “Manhattan Declaration.” The 4,700-plus word document has over 125 original signers and affirms opposition to abortion rights and gay marriage while endorsing religious freedom and, when (Read More)
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Wall Street Journal:
TOKYO (MarketWatch) -- The Bank of Japan offered an upbeat outlook on the nation's overall economy Friday, saying that financial conditions continue to show signs of improvement, exports and production continue to increase, and the decline in corporate-capital outlays appears to be ending. But although economic downside ris (Read More)
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New York Times:
The sales could free JPMorgan, Capital One and TCF Financial from the government’s bailout restrictions.
. (Read More)
Topics:
financial,
financial crisis
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Wall Street Journal:
In an example of how the weak economy is overtaking Obama administration priorities, the Congressional Black Caucus forced the House to shelve its financial overhaul for two weeks. (Read More)
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Nov 10, 2008
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