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Asian Stocks Extend Global Rally on US Treasury’s Bank Plan - Bloomberg

Boston Globe

Asian Stocks Extend Global Rally on US Treasury’s Bank Plan
Bloomberg
By Hanny Wan and Shani Raja March 24 (Bloomberg) -- Asian stocks rose, extending a rally that has driven the MSCI World Index to a five-week high, on optimism the US Treasury’s plan to remove banks’ toxic assets will revive economic growth. ...
Asian Stocks Extend Global Rally on US Treasury’s Bank Plan Bloomberg
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Rescuing a Composer From Obscurity’s Shadow - New York Times

Rescuing a Composer From Obscurity’s Shadow
New York Times, United States
By ALLAN KOZINN Leon Botstein’s programs with the American Symphony Orchestra are built around a single question, asked either explicitly (in Mr. Botstein’s program notes) or implicitly: why aren’t these composers (or works) better known? ...


Our view on financial rescue: Wall Street cheers Geithner’s do ... - USA Today

FOXBusiness

Our view on financial rescue: Wall Street cheers Geithner’s do ...
USA Today
Our view on financial rescue: Wall Street cheers Geithner’s do-over, but will it work? Plan to buy banks’ toxic assets carries advantages, vulnerabilities. In golf it's called a "mulligan" ? when your first shot veers off wildly into the woods, ...
Video: Obama Plan to Zap 'toxic Assets' The Associated Press
Treasury Timothy Geithner’s Press Briefing New York Times
Hey, It’s Only a Trillion (or More) FOXNews
Bloomberg - Wall Street Journal Blogs
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CalPERS Seeks to Lead Suits Over Bank of America’s Merrill Deal - Bloomberg

CalPERS Seeks to Lead Suits Over Bank of America’s Merrill Deal
Bloomberg
Investors in the class-action, or group, lawsuits allege Bank of America management misled investors about Merrill Lynch’s financial condition as shareholders voted on the merger. The California pension funds lost $264 million because of allegedly ...


New Women’s Soccer League Confident Despite Economy - New York Times

New Women’s Soccer League Confident Despite Economy
New York Times, United States
On Sunday, the new seven-team women’s league, Women’s Professional Soccer, will try to re-establish a top-tier league from the ashes of the Women’s United Soccer Association, which folded after the 2003 season. “I think they got blinded by the ...


Madoff’s Recovery Reaches $1 Billion, Trustee Says - Bloomberg

Boston Globe

Madoff’s Recovery Reaches $1 Billion, Trustee Says
Bloomberg
David Sheehan, a lawyer for Irving Picard, who was appointed by the Securities Investor Protection Corp. to unwind Madoff’s businesses, also said at a court hearing today that French authorities may soon seek to seize Madoff’s French chateau, ...
Funds Continue to Trickle Out to Madoff Victims FOXBusiness
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US Stocks Jump, Capping S&P 500’s Best 10-Day Gain Since 1938 - Bloomberg

Pine Tree

US Stocks Jump, Capping S&P 500’s Best 10-Day Gain Since 1938
Bloomberg
By Lynn Thomasson and Adam Haigh March 23 (Bloomberg) -- US stocks rallied, capping the market’s steepest two-week gain since 1938, as investors speculated the Obama administration’s plan to rid banks of toxic assets will spur growth and investor Mark ...
Bank Bond Spreads Endanger S&P 500 Index’s Advance Bloomberg
India’s Rupee Strengthens as Overseas Investors Buy More Stocks Bloomberg
Mobius Says Bull Rally in Emerging Markets Has Begun Bloomberg
Bloomberg - Bloomberg
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GE Loses Moody’s Aaa Rating; Outlook ‘Stable’ - Bloomberg

Reuters

GE Loses Moody’s Aaa Rating; Outlook ‘Stable’
Bloomberg
By Rachel Layne March 23 (Bloomberg) -- General Electric Co. lost its Aaa rating from Moody’s Investors Service for the first time in four decades, less than a week after GE said its finance unit would post a profit during the global recession and ...
Moody’s Follows S&P’s Lead, Cuts GE Debt Rating Barron's Blogs
Moody’s cuts GE’s credit rating Radio Business Report
Moody’s Joins S&P In GE Downgrade (GE) 24/7 Wall St.
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BlackRock, Carlyle Support Geithner’s Toxic Debt Plan - Bloomberg

BlackRock, Carlyle Support Geithner’s Toxic Debt Plan
Bloomberg
The Obama administration said today it’s counting on investors such as New York-based BlackRock, hedge funds and private-equity firms to buy devalued real estate loans and mortgage-backed securities from banks so they can raise capital and resume ...


Time Warner to Invest $241.5 Million in Lauder’s CME - Bloomberg

Time Warner to Invest $241.5 Million in Lauder’s CME
Bloomberg
Lauder, CME’s non-executive chairman, will vote Time Warner’s shares in the company for at least four years. Time Warner, the world’s largest media company, is expanding in central and eastern Europe after receiving $9.25 billion in cash this month ...