Post by sweetredfl on Aug 31, 2007 19:58:17 GMT -5
**Bush to outline aid to mortgage holders
news.yahoo.com/s/ap/20070831/ap_on_go_pr_wh/bush_housing_slump
**Bernanke Says Fed Will Do What's Needed
biz.yahoo.com/ap/070831/bernanke.html?.v=15
JACKSON HOLE-U.S. housing woe could trip world slump
www.reuters.com/article/marketsNews/idUKN305550420070831?rpc=44
**
www.myfoxmemphis.com/myfox/pages/News/Detail?contentId=4228258&version=1&locale=EN-US&layoutCode=TSTY&pageId=3.3.1
White House Press Secretary Snow To Resign
Bush Will Offer Relief for Some on Home Loans
www.nytimes.com/2007/08/31/business/31home.html?_r=2&hp&oref&oref=slogin
www.nytimes.com/2007/08/31/business/31cnd-fed.html?ref=business
Fed Chief Gives No Hint of Imminent Rate Cut
Why a U.S. Subprime Mortgage Crisis Is Felt Around the World
www.nytimes.com/2007/08/31/business/worldbusiness/31derivatives.html?ref=business
www.businessweek.com/magazine/content/07_37/c4049011.htm "Someone is holding the bag, but we don't know who." — John Edwards, chief economist at HSBC in
Sydney, on the growing unease about which institutions are going to disclose major losses from the subprime crisis, as reported by The New York Times
____
MARKETS
Stocks Rise After Bush, Bernanke Speak
biz.yahoo.com/ap/070831/wall_street.html?.v=25
Freddie Mac to sell $5 bln bills on Tuesday
_______
WARREN BUFFET
Berkshire Hathaway Buys More RR Shares
biz.yahoo.com/ap/070831/berkshire_railroads.html?.v=2
____
BANKS
www.finextra.com/fullstory.asp?id=17384
Barclays blames technical glitch for £1.6 billion emergency loan
UK bank Barclays says it was forced to borrow £1.6bn from the Bank of England after a technical problem with its link to the Crest settlement system left it unable to borrow in the inter-bank market to cover a short position in its accounts.
Barclays admits borrowing hundreds of millions at Bank's emergency rate
business.guardian.co.uk/story/0,,2159625,00.html?gusrc=rss&feed=24
Head of S&P steps down amid criticism of rating agencies
The head of Standard & Poor's (S&P), the world's biggest credit rating agency, has stepped down amid criticism from politicians and investors about the failure of the major rating agencies to flag up the risk of securities backed by sub-prime mortgages.
www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/31/bcnrate131.xml
Head of subprime-hit German bank resigns
news.yahoo.com/s/afp/20070830/ts_afp/marketsfinancegermany_070830182240
S&P president out on subprime ratings criticism
money.cnn.com/2007/08/31/news/companies/standard_poors.ap/index.htm?section=money_latest
Corbet is replaced by EVP Sharma; change comes amid growing criticism of credit-rating agencies assessment of mortgage risks.
RPT-UPDATE 2-Barclays, Cairn in $1.6 bln debt vehicle rescue
www.reuters.com/article/bondsNews/idUSL3190455920070831
German banks eye credit lessons once storm passes
www.reuters.com/article/bondsNews/idUSL3191644120070831
**Calls Grow for Foreigners to Have a Say on U.S. Market Rules
www.nytimes.com/2007/08/29/business/worldbusiness/29regulate.html
____________
SEC
SEC asks top firms about exec pay
money.cnn.com/2007/08/31/news/companies/sec_letters/index.htm?section=money_latest
______
MINING
Uranium's reaction to a nuclear future
www.namibian.com.na/2007/August/marketplace/07B39FB184.html
______
CHINA
WTO Probes Chinese Industry Subsidies
biz.yahoo.com/ap/070831/wto_china.html?.v=5
US Wants UAE to Set Tougher Trade Limits
biz.yahoo.com/ap/070831/dubai_trade_crackdown.html?.v=3
___________
OF INterest
How to Camp Like a Millionaire
biz.yahoo.com/ts/070831/10377142.html?.v=1
Court reverses Merrill contract win vs Allegheny
today.reuters.com/news/articleinvesting.aspx?storyID=urn:newsml:reuters.com:20070831:MTFH08864_2007-08-31_15-37-26_N31247654&type=comktNews
news.yahoo.com/s/ap/20070831/ap_on_go_pr_wh/bush_housing_slump
**Bernanke Says Fed Will Do What's Needed
biz.yahoo.com/ap/070831/bernanke.html?.v=15
JACKSON HOLE-U.S. housing woe could trip world slump
www.reuters.com/article/marketsNews/idUKN305550420070831?rpc=44
**
www.myfoxmemphis.com/myfox/pages/News/Detail?contentId=4228258&version=1&locale=EN-US&layoutCode=TSTY&pageId=3.3.1
White House Press Secretary Snow To Resign
Bush Will Offer Relief for Some on Home Loans
www.nytimes.com/2007/08/31/business/31home.html?_r=2&hp&oref&oref=slogin
www.nytimes.com/2007/08/31/business/31cnd-fed.html?ref=business
Fed Chief Gives No Hint of Imminent Rate Cut
Why a U.S. Subprime Mortgage Crisis Is Felt Around the World
www.nytimes.com/2007/08/31/business/worldbusiness/31derivatives.html?ref=business
www.businessweek.com/magazine/content/07_37/c4049011.htm "Someone is holding the bag, but we don't know who." — John Edwards, chief economist at HSBC in
Sydney, on the growing unease about which institutions are going to disclose major losses from the subprime crisis, as reported by The New York Times
____
MARKETS
Stocks Rise After Bush, Bernanke Speak
biz.yahoo.com/ap/070831/wall_street.html?.v=25
Freddie Mac to sell $5 bln bills on Tuesday
_______
WARREN BUFFET
Berkshire Hathaway Buys More RR Shares
biz.yahoo.com/ap/070831/berkshire_railroads.html?.v=2
____
BANKS
www.finextra.com/fullstory.asp?id=17384
Barclays blames technical glitch for £1.6 billion emergency loan
UK bank Barclays says it was forced to borrow £1.6bn from the Bank of England after a technical problem with its link to the Crest settlement system left it unable to borrow in the inter-bank market to cover a short position in its accounts.
Barclays admits borrowing hundreds of millions at Bank's emergency rate
business.guardian.co.uk/story/0,,2159625,00.html?gusrc=rss&feed=24
Head of S&P steps down amid criticism of rating agencies
The head of Standard & Poor's (S&P), the world's biggest credit rating agency, has stepped down amid criticism from politicians and investors about the failure of the major rating agencies to flag up the risk of securities backed by sub-prime mortgages.
www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/31/bcnrate131.xml
Head of subprime-hit German bank resigns
news.yahoo.com/s/afp/20070830/ts_afp/marketsfinancegermany_070830182240
S&P president out on subprime ratings criticism
money.cnn.com/2007/08/31/news/companies/standard_poors.ap/index.htm?section=money_latest
Corbet is replaced by EVP Sharma; change comes amid growing criticism of credit-rating agencies assessment of mortgage risks.
RPT-UPDATE 2-Barclays, Cairn in $1.6 bln debt vehicle rescue
www.reuters.com/article/bondsNews/idUSL3190455920070831
German banks eye credit lessons once storm passes
www.reuters.com/article/bondsNews/idUSL3191644120070831
**Calls Grow for Foreigners to Have a Say on U.S. Market Rules
www.nytimes.com/2007/08/29/business/worldbusiness/29regulate.html
____________
SEC
SEC asks top firms about exec pay
money.cnn.com/2007/08/31/news/companies/sec_letters/index.htm?section=money_latest
______
MINING
Uranium's reaction to a nuclear future
www.namibian.com.na/2007/August/marketplace/07B39FB184.html
______
CHINA
WTO Probes Chinese Industry Subsidies
biz.yahoo.com/ap/070831/wto_china.html?.v=5
US Wants UAE to Set Tougher Trade Limits
biz.yahoo.com/ap/070831/dubai_trade_crackdown.html?.v=3
___________
OF INterest
How to Camp Like a Millionaire
biz.yahoo.com/ts/070831/10377142.html?.v=1
Court reverses Merrill contract win vs Allegheny
today.reuters.com/news/articleinvesting.aspx?storyID=urn:newsml:reuters.com:20070831:MTFH08864_2007-08-31_15-37-26_N31247654&type=comktNews