| 281. |
Denmark makes deal to guarantee all bank deposits
Denmark on Monday said it would guarantee all bank deposits amid turbulent markets. In a statement posted on its Web site, the Economy Ministry said that commercial lenders agreed to provide up to 35 billion kroner, or about $6.4 billion (euro4.63 billion), over two years to a fund that will help insure account holders from losses.
06 Oct 2008 |
| 282. |
Asian employers retaining workers during downturn
A third of U.S. companies had no contingency plans to weather the type of downturn that is battering the global economy, which bodes badly for a recovery because they generally see layoffs as their prime coping mechanism, an international survey said Monday.
06 Oct 2008 |
| 283. |
Pope: financial crisis shows futility of money
Pope Benedict XVI says the global financial crisis show the futility of money and ambition. Benedict says that "now with the collapse of big banks we see that money disappears, is nothing and all these things that appear real are in fact of secondary importance." He urges those who build their lives "only on things that are visible, such as success, career, money" to keep that in mind.
06 Oct 2008 |
| 285. |
Battered financial industry faces more oversight
With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months. Further-reaching regulation is almost certain. Previously obscure corners of the industry now subject to few rules, such as complex derivatives and hedge funds, could face federal supervision for the first time.
06 Oct 2008 |
| 286. |
Odd couple: Rachel Maddow and Pat Buchanan
At 19, Rachel Maddow shared a house with friends in Philadelphia and wasn't paying much attention to the 1992 Republican National Convention on television until Pat Buchanan took to the podium.
06 Oct 2008 |
| 287. |
Battered financial industry faces more oversight
With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months. Further-reaching regulation is almost certain. Previously obscure corners of the industry now subject to few rules, such as complex derivatives and hedge funds, could face federal supervision for the first time.
05 Oct 2008 |
| 288. |
Forex and Dow Jones recommended levels
EUR/USD
Today’s support: - 1.3580 and 1.3553(main), where correction is possible. Break would give 1.3517, where correction also may be. Then follows 1.3500. Break of the latter would result in
05 Oct 2008 |
| 289. |
Americans eye bailout, and continue cutting back
Relief on Wall Street over the hard-won passage of a $700 billion bailout package for the financial system apparently hasn't yet trickled down to the pubs, storefronts, car lots and malls of Main Street.
05 Oct 2008 |
| 290. |
Europeans scramble to save failing banks
Germany became the latest country to move to allay fears about the financial meltdown, enhancing a rescue plan for Hypo Real Estate AG and guaranteeing private bank accounts as European governments scrambled on their own Sunday to save failing banks.
05 Oct 2008 |
|
2.43%XLF 15.10 
10.30%QQQQ 31.32 
