Author Archive

Ford friction led to Leclair’s exit: report (Reuters)

The retirement of Ford Motor Co’s chief financial officer last week came after increasing friction between him and other senior executives, The Wall Street Journal said citing people familiar with the matter.
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Investors face more uncertainty as bailout widens (AP)

Investors agonizing over whether the stock market is bottoming out or about to extend its precipitous decline face more uncertainty this week as they await action on the government’s rapidly expanding effort to pull the financial system from the brink.
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Know-Hows Of Stock Trading Community By David Jose

Stock Trading Community-Have you observed the recent growth of the effective and challenging stock trading communities ? Hope you have done so. These days ..
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Gov’t mulls plan to take ownership stakes in banks (AP)

Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending.
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Developing countries feeling fallout from meltdown (AP)

Searching for ways to tackle the unfolding economic crisis, global finance ministers are turning attention to the fallout in developing countries and poor nations.
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