Government agents
“Barclays’ new chief executive is considering increasing the bank’s risk profile, in order to hit profitability targets over the next three years..” - Patrick Jenkins, The Financial Times, surprisingly not from its April 1st edition. “The budget deficit will clearly...
Government agents
“Barclays’ new chief executive is considering increasing the bank’s risk profile, in order to hit profitability targets over the next three years..” - Patrick Jenkins, The Financial Times, surprisingly not from its April 1st edition. “The budget deficit will clearly...
Govern-mental
“It is not even a full year since the time of Cleggmania, yet, in his own Sheffield constituency, even nursery-age children now come home with Clegg jokes. (“Why did Nick Clegg cross the road ?” “Because he said he wouldn’t.”)”...
On the back of a (plain) fag packet
Attention, traders, brokers, entrepreneurs and financiers — there could soon be plenty more space to scribble things on the back of a fag packet.Speculation is mounting...
General Motors Issues Forecast for IPO
Filed under: General Motors (GM), Initial Public OfferingsVery early Thursday morning, General Motors filed paperwork that pinned down a price range for its initial public offering (IPO). Three of the four owners of GM (the U.S., Canadian and Ontario g...
Case-Shiller Index Adds Bearish Momentum to the Market
Filed under: Economic Data, Housing, RecessionTuesday morning started off on a bearish note, which intensified after the latest news release from the S&P/Case-Shiller home price index. The index reported that home prices dropped 0.2% during August,...
IMF Forecasts a Slowdown in U.S. Growth
Filed under: Forecasts, Economic Data, Headline News, Federal Reserve, RecessionThis is not good news. The International Monetary Fund (IMF) did an assessment of growth for the U.S. economy and forecasts lower growth this year and next, according to a ...
Government Criticized for AIG Bailout
Filed under: Amer Intl Group (AIG)According to the Congressional Oversight Panel's newest report (due for release today), the government may haved jumped the gun a bit when bailing out American International Group (AIG).
The panel cannot be sure that t...
The return of real money
“The UK Debt Management Office (DMO) has been voted the most impressive sovereign funding team and DMO chief Robert Stheeman as most impressive sovereign funding official, said EuroWeek. The top award comes as the DMO sold a record £227.6 billion...
Public Trust in U.S. Government Rises and Falls with the Economy
Filed under: Recession
The Atlantic monthly has published updated Pew Research Center survey data on public trust in government, and the contemporary trend mirrors much of the pattern for the modern era since 1960. According to the research, Americans' trust in the their government tends...China Is a Bigger Worry Than Greece
Filed under: International Markets, Other Issues, Rumors, Rants and Raves, Google (GOOG), China, Scandals, Politics, Recession
The stock market has been fretting about the European Union's response to the economic calamity...ADP Jobs Data Shows Private Sector Lost Jobs in February
Filed under: Economic Data
Earlier Wednesday morning, Challenger, Gray & Christmas reported that U.S. job cuts dropped in February to the lowest level in 3.5 years. This slowing continues the trend of shrinking job cuts since last January. Later, ADP reported what was expected: the...
