Archive for November 9th, 2008

How to beat the financial blues, Bhutan style (AFP)

 How to beat the financial blues, Bhutan style 
    (AFP)AFP - Disillusioned by plunging stock markets and failing banks, or caught out by the unforgiving boom-bust capitalist cycle?

Original post by AFP and software by Elliott Back

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China joins global rescue as Japan industry bleeds (Reuters)

 China joins global rescue as Japan industry bleeds 
    (Reuters)Reuters - China pitched in nearly $600 billion to the global effort to avoid the worst economic downturn in decades, while grim Japanese data on Monday offered more proof of the damage caused by the global financial crisis.

Original post by Reuters and software by Elliott Back

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AIG board nears approval of revised Fed plan: source (Reuters)

 AIG board nears approval of revised Fed plan: source 
    (Reuters)Reuters - The board of troubled insurer American International Group was nearing approval late on Sunday of a revised U.S. bailout to replace a previous $85 billion rescue, a person familiar with the matter said.

Original post by Reuters and software by Elliott Back

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NRG rejects $6.08 bln Exelon bid (Reuters)

Reuters - Power producer NRG Energy Inc on Sunday rejected an unsolicited $6.08 billion takeover offer from utility owner Exelon Corp , saying the offer "significantly undervalues" the company.

Original post by Reuters and software by Elliott Back

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