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Robert J Shiller: Reviving the Animal Spirits
Published November 21, 2008, 5:37 pm, Business Standard India
The most promising prospect for a return of business confidence now would be some kind of public inspiration—of the kind Obama’s win heralds for the US.
S&P may bring in products based on global indices
Published November 21, 2008, 5:35 pm, Business Standard India
Indian investors may soon be able to invest in S&P-500 index. If that is not enough, they may also get to invest in BRIC (Brazil, Russia, India and China) markets. These choices are going to be made available to Indian fund houses by S&P’s index services division through IISL (India Index Services).
Sensex ends 7-day losing streak
Published November 21, 2008, 5:35 pm, Business Standard India
Index gains 464 pts to close at 8,915; Reliance Industries, HDFC Bank lead rally. Ending a seven-day, 20 per cent decline in the Sensex, stocks gained today as some investors judged recent declines as excessive.
City, state to fund Blue Wing studies
Published November 21, 2008, 5:03 pm, Sonoma Index-Tribune
If walls could talk, the Blue Wing Inn on East Spain Street would entertain us for hours with stories of love and treachery, of dreams and disappointment.
Obama Said to Pick Geithner as Treasury Secretary (Update5)
Published November 21, 2008, 5:01 pm, Bloomberg
Nov. 21 (Bloomberg) -- President-elect Barack Obama picked Timothy Geithner , head of the Federal Reserve Bank of New York, to be his Treasury secretary, with Lawrence Summers getting a senior White House role, a Democratic aide said.
Goldman Sachs and Citigroup Plan to Issue FDIC Guaranteed Debt
Published November 21, 2008, 4:59 pm, Bloomberg
Nov. 21 (Bloomberg) -- Goldman Sachs Group Inc. and Citigroup Inc. said they plan to sell debt guaranteed by the government after the U.S. Federal Deposit Insurance Corp. agreed to change rules to make the debt more attractive.
Caisse de depot says no liquidity problems at pension fund manager
Published November 21, 2008, 4:52 pm, Canoe Money
MONTREAL - After a day rife with rumours about the performance of Quebec's giant pension-fund manager, the Caisse de depot et placement's bosses reassured the public that their money is in good hands.
The Courier News Index
Published November 21, 2008, 4:30 pm, The Courier
NHS TAYSIDE CHIEFS have confirmed they are investigating the circumstances surrounding the death of a baby in Perth following allegations that doctors “let her die.”
Stock market likes the choice for Treasury
Published November 21, 2008, 4:28 pm, Lincoln Journal Star
NEW YORK — U.S. stocks surged on a report President-elect Barack Obama would nominate New York Federal Reserve President Timothy Geithner as Treasury secretary. The leap higher in the final hour of trade came on the heels of a two-session freefall and cut in half the the market’s weekly decline.
Blue chip stocks cheap but not immune
Published November 21, 2008, 4:19 pm, INO News
(AP:DES MOINES, Iowa) Blue chip stocks are said to have taken their name from the poker table, where the blue chips are the most valuable, but traders are debating whether they're a good gamble in the current market.
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