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Asian stocks, dollar hit by global financial woes


HONG KONG Reuters - Asian stocks fell to their lowest in almost eight weeks on Monday while the dollar hit a record low against the euro, as the sale of Bear Stearns and the Federal Reserve's cut in its discount rate was seen underscoring the frailty of
www.reuters.com


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JPMorgan Buys Bear Stearns at 93% Discount on Friday's Close


JPMorgan Buys Bear Stearns at 93% Discount on Friday's Close Friday shareholders were over-valuing Bear Stearns by about 14 times. This a continued bail-out of Wall Street institutions but this is the first one to really hurt the shareholders. Losi
elemming2.blogspot.com

Timber!!!!!!!!


Timber!!!!!!!! Mar 17, 2008 4:03 am Posted by: Chris in Economics, Finances, Government In a shocking deal reached on Sunday to save Bear Stearns, JPMorgan Chase agreed to pay a mere 2 a share to buy all of Bear ?? less than one-tenth the
www.ontheborderline.net

Stocks Shoot Higher on Fed Credit Plan


NEW YORK ?? Wall Street finally found a reason for a huge rally Tuesday after the Federal Reserve said it plans to pump 200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrial average shot up more
www.huffingtonpost.com

Crisis


Crisis Mar 17th, 2008 by Susie Cast your mind back, oh, eight years or so, and remember how excited your corporate media was at the thought of their new Harvard MBA president: March 17 Bloomberg ?? U.S. stock-index futures, Asian and European eq
susiemadrak.com

Anger, relief, worry: Bear Stearns staff fear for jobs


HONG KONG/SINGAPORE Reuters - Stunned dealers and traders at Bear Stearns, the ailing U.S. investment bank rescued by rival JPMorgan Chase & Co, turned up for work on Monday to find the value of their stock options in tatters and the future of their
mobile.reuters.com

Stocks Shoot Higher on Fed Credit Plan


NEW YORK ?? Wall Street finally found a reason for a huge rally Tuesday after the Federal Reserve said it plans to pump 200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrial average shot up more
www.huffingtonpost.com

Asian Stocks Tumble on Bear Stearns News - The Associated Press


Japan&39s benchmark Nikkei 225 stock index plunged 4.2 percent to 11727, while Hong Kong&39 Hang Seng index was down 4.4 percent at 21.263.51 after falling as ...Stocks in Europe, Asia Tumble, US Futures Drop on Fed, Bear Bloomberg
ap.google.com

Oh, they didn't like that...


Dollar index through the floor at 70.872, ??96.45, the Euro buys 1.59. These are monstrous moves. J.P. Morgan is "buying" Bear Stearns for 2/share, down from 30 at Friday's close, or from 57! on Thursday. They're basically buying it for t
solarbird.livejournal.com

Why Obama Will Win - Part 2


Daniel Gross writes in Slate about the "Rise of American Incompetence." The dollar plunged to new lows against foreign currencies this week. There are plenty of reasons for its plunge, but at the most basic level, the dollar's weakness reflects
sidewaysmencken.blogspot.com

Yer DONE on 136 Million Shares BSC at 2 Flat!


Yer DONE on 136 Million Shares BSC at 2 Flat! JP Morgan Chase Buys Themselves a Broker-Dealer By blackhedd News hits the wires at 7pm EDT, just before Monday morning trading opens in Asia. JP Morgan Chase has acquired the Bear Stearns Companies at 2
www.crosstabs.org

Stocks Shoot Higher on Fed Credit Plan


NEW YORK ?? Wall Street finally found a reason for a huge rally Tuesday after the Federal Reserve said it plans to pump 200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrial average shot up more
www.huffingtonpost.com

Bad Timing for New Bear Stearns Hire


Hong Kong banker Darius Yuen must be ruing the day he left BNP Paribas after 14 years with the French investment bank and a Hong Kong brokerage firm it once acquired. The former co-head of equity capital markets for Asia at BNP Paribas is currently on ga
blogs.wsj.com

Stocks Shoot Higher on Fed Credit Plan


NEW YORK ?? Wall Street finally found a reason for a huge rally Tuesday after the Federal Reserve said it plans to pump 200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrial average shot up more
www.huffingtonpost.com

Hong Kong gold closes at 1024.50-1025.00 dollars an ounce - UPDATE - CNNMoney.com


Investors dumped both stocks and the dollar on fears more US banks could be vulnerable to the credit crisis that crippled Bear Stearns. ...Hong Kong shares open sharply lower on worries about worsening ... CNNMoney.com
money.cnn.com

Stocks Shoot Higher on Fed Credit Plan


NEW YORK ?? Wall Street finally found a reason for a huge rally Tuesday after the Federal Reserve said it plans to pump 200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrial average shot up more
www.huffingtonpost.com

What weazl warned about for years . . .


Dollar plunges to record low By Krishna Guha in Washington The dollar plummeted to a record low and the price of gold touched 1,000 on Thursday as retail sales figures confirmed that the US is in recession and concern intensified about spreading distre
weazlsrevenge.blogspot.com

Hong Kong shares close at year&39s low on Bear Stearns&39 troubles ... - Forbes


HONG KONG Thomson Financial - Hong Kong shares nosedived on Monday, with the benchmark index closing at its lowest level this year as stocks across the ...Hong Kong shares close sharply lower on Bear Stearns, oil, dollar ... CNNMoney.com
www.forbes.com

Monday, Monday


With the collapse of Bear Stearns and other horrible financial news from the US, news this morning is that Asian stock markets are tumbling. I see that as of 11:30, the Hang Seng index is down more than 1,000 points. That means it has dropped by about 1/3
laowai.blogspot.com

Sovereign funds to steer clear of Wall Street and dollar - Reuters


By Michael Flaherty - Analysis HONG KONG Reuters - One group conspicuously absent from a last minute deal to scoop up Bear Stearns BSC. ...MSCI Asia ex-Japan index sinks to lowest since Aug Reuters UK
www.reuters.com

Why Obama Will Win: Part 2


Part 1 was here. Daniel Gross writes in Slate about the ???Rise of American Incompetence.??? The dollar plunged to new lows against foreign currencies this week. There are plenty of reasons for its plunge, but at the most basic level, the dollar??s
donklephant.com

Stocks, dollar plunge in market turmoil - AFP


They said an emergency cut by the US Federal Reserve to its discount rate and a weekend deal for JPMorgan Chase to buy Bear Stearns at a fire-sale price had ...US stock futures slump on Bear Stearns, Fed action MarketWatch
afp.google.com

JPMorgan Chase Buys Bear Stearns for 240 Million Update2 - Bloomberg


Bear Stearns has offices in cities including London, Tokyo, Hong Kong, Beijing, Shanghai, Singapore, Milan and Sao Paulo, according to its Web site. ...HSBC buyout of Bear Stearns seen as unlikely South China Morning Post subscription
www.bloomberg.com

Global stocks, dollar plunge after Bear Stearns fire-sale - AFP


Hong Kong shed 5.2 percent, Shanghai declined 3.6 percent, Seoul gave up 1.6 percent and Sydney was off 2.3 percent. In European morning trade, ...US Federal Reserve Cuts Rates, Asian Stocks Sharply Lower Voice of America
afp.google.com

Asia Stocks Plunge European Markets Open Lower - New York Times


The Shanghai A share market was down 3.6 percent in late trading, the Hang Seng Index in Hong Kong was down 5.2 percent and the Shenzhen A share market was ...Asian stocks, dollar slide as US bank troubles deepen Reuters South Africa
www.nytimes.com

Stocks Shoot Higher on Fed Credit Plan


NEW YORK ?? Wall Street finally found a reason for a huge rally Tuesday after the Federal Reserve said it plans to pump 200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrial average shot up more
www.huffingtonpost.com

Japan, Australia Turn on the Taps


Central banks in Japan and Australia rushed to inject cash into their banking systems Monday to curb rising market interest rates and avoid a lending freeze-up as risk aversion soared once again. The BoJ and RBA stepped in with generous liquidity provisi
blogs.wsj.com

Anger, relief, worry for Bear Stearns Asia staff - Reuters


???There is some gloom ?? because there are overlaps between JPMorgan??s franchise and what we have here,??? the Hong Kong Bear Stearns trader added. ...
blogs.reuters.com

THE BEAR STEARNS FIASCO-- AN OUTGROWTH OF GOP POLICIES AND RIGHT WING IDEOLOGY


1.2 million Bear Stearns Bldg. thrown into the deal for free A few days ago we looked at the collapse of the Republican Party honeypot, Carlyle Capital Corporation part of the notorious Carlyle Group. They defaulted on 16.6 billion in loans from many
downwithtyranny.blogspot.com

Citic Securities up on earnings, Bear Stearns relief - MarketWatch


"It&39s a past-tense story," said UBS analyst Victor Wang said in Hong Kong. "If they want to renegotiate, they should renegotiate with the acquirer of Bear ...Bad Timing for New Bear Stearns Hire Wall Street Journal
www.marketwatch.com