Navigate: Home Archive: February 2009

Feb 26, 2009, 1:20 PM

The Dept. of Labor on its weekly claims report said Thursday the advance figure for seasonally adjusted initial claims in the week ending Feb 21 was 667,000,... Read »

China: Can Smoot-Hawley Only Happen in the US?

Feb 26, 2009, 12:54 PM

Yesterday in a meeting I was asked by an investor why, even while I have been writing maniacally about the crucial importance of global cooperation, I was so consistently... Read »

Economy: Desperately Seeking Equilibrium

Feb 26, 2009, 12:39 PM

The first priority for repairing the economy, or at least for stopping the bleeding is returning prices to something approximating equilibrium. There’s still... Read »

Lowering the Bar

Feb 26, 2009, 4:21 AM

One more from Tim: By Tim Duy · February 26, 2009: From the terms of the Capital Assistance Program: As part of the application process, banks must submit a plan... Read »

Textron (TXT): Flying Through the Fog

Feb 26, 2009, 4:20 AM

Textron (TXT) is in some serious trouble as evidenced today by slashing their dividend by 91%, down to a penny each quarter. The company makes Cessna private plans,... Read »

Will TALF Do The Job?

Feb 26, 2009, 4:12 AM 1

Tim Duy has doubts about how effective TALF will be: By Tim Duy · February 26, 2009: The Administration is putting high hopes on TALF, especially now that the program... Read »

Will Ex-Wall Streeters Fuel an Entrepreneurial Boom? Well…

Feb 26, 2009, 12:48 AM

Much has been written about the unleashing of entrepreneurial potential in the wake of lost jobs, frustrations with being a “depressed survivor” and... Read »

Feb 26, 2009, 12:37 AM

Two White House officials told CNN Wednesday that the proposed budget to be released today will include a $634 billion health care “reserve fund,” which... Read »

Feb 25, 2009, 11:39 PM

Bank of America (BAC) is looking to sell private bank, First Republic Bank, purchased by Merrill Lynch (MER) for $1.8 billion in September ’07 to bolster the... Read »

Feb 25, 2009, 11:27 PM

General Re Corp., a reinsurance unit of billionaire Warren Buffett’s Berkshire Hathaway Inc., agreed Wednesday to pay $72 million to settle investor claims... Read »

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