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Financial Markets Headline News:

On Native Ground - American Reporter
DUMMERSTON, Vt. -- Those who thought that last week's government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week. Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the ...
Posted Date: Sat, 21 Nov 2009 06:01:00 GMT

Regional Factory Activity, Labor Market Improve - ABC News
WASHINGTON (Reuters) - Manufacturing activity in the U.S. Mid-Atlantic region saw a two-year high November, indicating the economic recovery was gaining momentum, while the trend in claims for jobless aid continued downwards in data published on ...
Posted Date: Thu, 19 Nov 2009 21:33:00 GMT

Power to Break up Financial Giants Urged in Congress - ABC News
WASHINGTON (Reuters) - A senior U.S. lawmaker unveiled a much-anticipated proposal on Wednesday that would empower government regulators to break up financial firms that pose a risk to economic stability. Democratic Representative Paul Kanjorski ...
Posted Date: Wed, 18 Nov 2009 19:54:00 GMT

Stocks decline in early morning trading - Newsday
NEW YORK - NEW YORK (AP) — Stocks are falling in early morning trading following the lead of overseas markets and as the dollar strengthened. Investors are showing little deference Thursday to a new report on weekly unemployment claims that was in ...
Posted Date: Thu, 19 Nov 2009 18:56:00 GMT

UPDATE 3-Fed's Bullard says shrinking reserves key to exit - Forex Pros
ST. LOUIS, Nov 18 (Reuters) - A senior Federal Reserve official said on Wednesday that the U.S. central bank may start tightening financial conditions by selling assets it has accumulated rather than raising interest rates. "The market's focus on ...
Posted Date: Wed, 18 Nov 2009 17:03:00 GMT

Lawmaker Unveils Financial Firm Break-Up Plan - Banker & Tradesman Online
Representative Paul Kanjorski, D-Pa., Wednesday released a summary of a proposal to give regulators power to break up financial firms that pose a risk to economic stability. Kanjorski, the Democratic chairman of the House Capital Markets Subcommittee ...
Posted Date: Wed, 18 Nov 2009 15:44:00 GMT

Revisiting a Fed Waltz With A.I.G. - New York Times
It’s must reading for any taxpayer hoping to understand why the $182 billion “rescue” of what was once the world’s largest insurer still ranks as the most troubling episode of the financial disaster. And it couldn’t have come at a more ...
Posted Date: Sat, 21 Nov 2009 19:51:00 GMT

Goldman’s Response to Questions About A.I.G. - New York Times
The SIGTARP report runs to 43 pages including appendices, but focuses on Goldman Sachs in just three paragraphs. The Conclusions and Lessons Learned sections of the report on pages 28 to 31, do not mention Goldman Sachs once. We have consistently ...
Posted Date: Sat, 21 Nov 2009 19:51:00 GMT

Aegean Bunkers at Sea N.V. Awarded Contract to Provide Oil Spill ... - Transworld News
Aegean Marine Petroleum Network, Inc.'s (NYSE: ANW) subsidiary Aegean Bunkers at Sea N.V., has been awarded a contract by the European Maritime Safety Agency (EMSA). The contract will increase the available capacity for oil pollution response in the ...
Posted Date: Sat, 21 Nov 2009 19:37:00 GMT

Afghan road builder's dream thwarted by violence - News-Democrat
KABUL -- Khalid Khan stares through the dusty window pane, down across the rooftops of the capital, and wonders if they really know where he lives. Once on the front lines of the international effort to rebuild Afghanistan, the black-bearded ...
Posted Date: Sat, 21 Nov 2009 19:29:00 GMT


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