CIT Group May Need $6 Billion to Avoid Bankruptcy, Analysts Say
- Bloomberg
- 07/16/2009 10:57 AM
JPMorgan Profit Rises 36 Percent, Beating Estimates
- Bloomberg
- 07/16/2009 06:25 AM
China GDP growth accelerates to 7.9%
- FT
- 07/16/2009 05:04 AM
China’s Market Value Overtakes Japan as World’s No. 2
- Bloomberg
- 07/16/2009 04:08 AM
CIT Calls Bailout Unlikely, Fuels Bankruptcy Concern
- Bloomberg
- 07/16/2009 04:07 AM
Market Movers
Archive
CIT's shares, bonds plunge on bankruptcy fears
- Reuters
- 07/16/2009 02:00 PM
Treasuries Rise as CIT Says Aid Unlikely, Spurring Safety Trade
- Bloomberg
- 07/16/2009 02:00 PM
U.S. Stocks Rise as Roubini Predicts Recession to End This Year
- Bloomberg
- 07/16/2009 01:59 PM
Commentary
by Doug Noland | Jul 9
Speculator: Policymaker Foe or Friend?
Commodities have taken it on the chin. Is global reflation losing air? Or has it been more a case of the speculators having had the rug pulled out from under them.Read more
The Bear's Lair
by Martin Hutchinson | Jul 13
British Chancellor of the Exchequer Alistair Darling has proposed a new banking regulation regime under which very large "too big to fail" institutions should be compelled to carry more capital than smaller banks.
Read moreFeatured Commentary
by Satyajit Das | Jul 6
Ponzi Prosperity – Built-to-Fail Economic Models
Governments have limited resources to help with the current economic crisis; unfortunately, that’s not stopping them from trying. Their behavior — and the global financial collapse — calls into question social and political models based on growth fueled by high finance.
Read moreGuest Commentary
by Stewart Dougherty | Jul 16
Six Syllables to a Savage Truth
On December 9, 2008, $65 billion of investor money was at peace.
Read more
Quotable
“Policymakers already concerned about the relentless rise in global food inflation are facing more bad news in the shape of soaring soyabean prices. Soyabean prices have risen to their highest level in 34 years, boosted by strong Chinese demand and fears that current prices are not high enough to swing acreage from corn to soyabeans in the US… The price-jump threatens to resonate through the supply chain, boosting meat and poultry prices because soyabean is used largely for animal feed, analysts warned."
Financial Times, November 29, 2007
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