http://www.etffool.com Aggregating Financial News Like There's No Tomorrow Mon, 24 Aug 2009 01:18:51 +0000 http://backend.userland.com/rss092 en The NY Times Deal Book has posted the Lehman's examiners report online: Court-Appointed Lehman Examiner Unveils ReportThere is an interesting excerpt on the apparent use of repo transactions to bolster Lehman's balance sheet: ... former Global Financial Controller Martin ... Kelly believed “that the only purpose or motive for the ... http://www.etffool.com/2010/03/11/examiner-lehman-used-undisclosed-balance-sheet-manipulation/ by Linda Beale JCT scoring of Obama budget; Senate vote on extending temporary tax breaks Harry Reid's office announced that the final vote on the "American Workers, State, and Business Relief Act of 2010 (HR 4213), which will extend $31 billion in temporary tax breaks will take place on Wednesday Mar 10 ... http://www.etffool.com/2010/03/11/extending-temporary-tax-breaks-passed/ Everyone knows that FedEx (FDX) is -- or at least is seen as -- the ultimate economic bellwether. So anything the company says about the economy is a big deal. FT: The nascent US recovery could falter because businesses are still reluctant to invest in new equipment and technology, the head of global ... http://www.etffool.com/2010/03/11/the-ultimate-bellwether-fedex-is-not-sold-on-this-recovery-fdx/ Last August, Boeing (BA) announced a management reshuffling that included the departure of Scott Carson, who had been running the company’s Commercial Airplanes unit. The release, which was dated Aug. 31 — when few people were likely paying attention, given how sleepy things are at the end of August — ... http://www.etffool.com/2010/03/11/boeing%e2%80%99s-million-plus-consultant%e2%80%a6/ Brooks McFeely submits:4:13 PM, Mar 11, 2010 -- NYSE up 25.5 (0.4%) to 7,353.21.DJIA up 44 (0.4%) to 10,612.S&P 500 up 4 (0.4%) to 1,150.Nasdaq up 9.5 (0.4%) to 2,368.GLOBAL SENTIMENT Complete Story » Read the whole story on Seeking Alpha http://www.etffool.com/2010/03/11/equities-today-bank-shares-help-stocks-rebound/ Watch the latest business video at video.foxbusiness.com According to Charlie Gasparino, whose sources tell him VP’s job is safe, whether or not the bank starts earning $20 billion a year (as has been predicted by Count Vik). This is phenomenal news for us Vikula fans, and will no doubt thrill ... http://www.etffool.com/2010/03/11/vikram-pandit-to-remain-safely-ensconced-in-hallowed-halls-of-citi/ Felix Salmon submits: Total credit-card debt outstanding dropped by $93 billion, or almost 10%, over the course of 2009. Is that cause for celebration, and evidence that U.S. households are finally getting their act together when it comes to deleveraging their personal finances? No. A fascinating spreadsheet from CardHub breaks ... http://www.etffool.com/2010/03/11/that-stubbornly-high-credit-card-debt/ $$$ Wall Street Moves to Shape CDS Rules [WSJ] $$$ Sex Life Ends at 70 as Health Declines, Study Says [Bloomberg] $$$ Roubini: Economy ‘Far too Close’ to Double Dip [CNBC] $$$ Don’t forget: Harrah’s is raffling off a seat at its Stockings and Bonds poker tournament this weekend in AC. The winner ... http://www.etffool.com/2010/03/11/write-offs-03-10-10/ Good Evening: U.S. stocks continued their recent advance today, and the benchmark S&P 500 has now posted positive closes in eight of the previous nine trading sessions. Though the rally is most likely attributable to price momentum and rising risk appetites, more than a few will credit today’s ... http://www.etffool.com/2010/03/11/enlisting-federal-employees-could-cut-u-s-budget-deficit/ From CR: There are so many reports of a housing bubble in China, I asked a friend living in China for his thoughts ... this is his view:From Michael Kleist in Shanghai:News of soaring housing prices in China, which are now hovering around late 2007 peaks, naturally invites talk of ... http://www.etffool.com/2010/03/10/bubbling-over-in-china/