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- biz.yahoo.com
Why Banks Should Lend Out Treasury's Funds (Portfolio.com via Yahoo! Finance)
Paul Kedrosky has a peculiar argument today, saying that banks shouldn't lend the money they're getting from Treasury: Banks are looking at a changed world, one with deleveraging everything, consolidation happening apace, and defaults almost certain to rise rapidly over the next 24 months.
- www.time.com
Fannie and Freddie Offer New Plan to Help Homeowners - TIME
CTV.ca Fannie and Freddie Offer New Plan to Help Homeowners TIME - 9 hours ago "They're saying to everyone out there, don't make your mortgage payment , be 90 days late, and then we'll help you," says Bruce Marks, ... Statement of FHFA Director James B. Lockhart StreetInsider.com (subscription) Relief Starts to Trickle to Troubled Homeowners U.S. News & World Report New round of mortgage aid Chicago Tribune New York Times - CNNMoney.com all 2,794 news articles
- www.bloomberg.com
FCC Approves Verizon's Alltel Purchase, Sprint-Clearwire Plan (Bloomberg)
Nov. 4 (Bloomberg) -- The Federal Communications Commission, kicking off a new round of telephone-industry consolidation, approved Verizon Wireless's $28.1 billion purchase of Alltel Corp. and a deal between Sprint Nextel Corp.
- www.bloomberg.com
Hennessy Fund's Frank Ingarra Buys Ross Stores, Hasbro, Stifel (Bloomberg)
Nov. 13 (Bloomberg) -- Frank Ingarra , co-manager of the Hennessy Focus 30 Fund , is investing in mid-cap consumer companies such as Ross Stores Inc. and brokerages such as Stifel Financial Corp., and says equity markets will stabilize by mid- 2009.
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