You are here
Daily Dispatches
Treasury taps ESF to guarantee money-market funds
Submitted by cpowell on Fri, 2008-09-19 08:40 Section: Daily DispatchesBy Martin Crutsinger
Associated Press
Friday, September 19, 2008
http://news.yahoo.com/s/ap/20080919/ap_on_bi_ge/fund_rescue;_ylt=AsiOvFv...
WASHINGTON -- The Treasury Department announced Friday it will tap into a Depression-era fund to provide guarantees for the nation's money market mutual funds.
Govt. would buy all bad loans, back money-market funds
Submitted by cpowell on Fri, 2008-09-19 00:22 Section: Daily DispatchesCiting Grave Financial Threats, Officials Ready Massive Rescue
Lawmakers Work With Fed, Treasury To Try to Restore The Flow of Money
By Binyamin Appelbaum and Lori Montgomery
Washington Post
Friday, September 19, 2008
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/18/AR200809...
Bye-bye, deflation -- Comprehensive bailout in the works
Submitted by cpowell on Thu, 2008-09-18 21:15 Section: Daily DispatchesPossible U.S. Bailout Grips Washington, Wall Street
By Kevin Drawbaugh and Jeremy Pelofsky
Reuters
Thursday, September 18, 2008
Chinese govt. buys bank shares, drops tax on stock trading
Submitted by cpowell on Thu, 2008-09-18 21:02 Section: Daily DispatchesBy Nipa Piboontanasawat and Wing-Gar Cheng
Bloomberg News
Friday, September 19, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=azK0n73WyuOc&refer=home
China will scrap the tax on stock purchases and buy shares in three of the largest state-owned banks to shore up investor confidence in the world's second- worst-performing stock market this year.
SEC plans to ban short-selling temporarily
Submitted by cpowell on Thu, 2008-09-18 20:44 Section: Daily DispatchesBy Kara Scannell and Deborah Solomon
The Wall Street Journal
Thursday, September 18, 2008
WASHINGTON -- The Securities and Exchange Commission took its most aggressive assault against bearish stock bets by stating its intention to issue a temporary ban on short-selling.
SEC adopts rules against 'naked' short-selling
Submitted by cpowell on Thu, 2008-09-18 00:21 Section: Daily DispatchesBy Marcy Gordon
Associated Press
Wednesday, September 17, 2008
http://news.yahoo.com/s/ap/20080918/ap_on_bi_ge/sec_short_selling
Taiwan's government ready to prop up stock market
Submitted by cpowell on Wed, 2008-09-17 23:22 Section: Daily DispatchesBy Janet Ong
Bloomberg News
Thursday, September 18, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=awTskJv0r7KY&refer=home
TAIPEI, Taiwan -- Taiwan's government said the "conditions are right" for the government fund to buy stocks after the benchmark Taiex index fell to its lowest in four years.
Fed can buy all bad mortgages, banking chairman says
Submitted by cpowell on Wed, 2008-09-17 23:18 Section: Daily DispatchesDodd Says the Fed Has Authority to Set Up Debt Fund
By Viola Gienger
Bloomberg News
Wednesday, September 17, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=axN7il2n3WO0&refer=home
Dan Norcini: Huge outflow of foreign capital from U.S. in July
Submitted by cpowell on Wed, 2008-09-17 22:29 Section: Daily DispatchesBy Dan Norcini
www.JSMineSet.com
Wednesday, September 17, 2008
The Treasury international capital flows data was released yesterday detailing the numbers for July. While I was expecting some lousy data, I was stunned by just how bad it was.
Uncle Sam taps piggy bank, borrows to aid market
Submitted by cpowell on Wed, 2008-09-17 21:49 Section: Daily DispatchesBy Martin Crutsinger
Associated Press
via Yahoo News
Wednesday, September 17, 2008
http://news.yahoo.com/s/ap/20080917/ap_on_bi_ge/uncle_sam_s_piggy_bank;_...
WASHINGTON -- Where does Uncle Sam come up with huge sums of money during a financial emergency?
Like the rest of us, the government taps its reserves and borrows if it needs more.
Pages
