Archive for July 19th, 2008


China Daily
Fair Game Borrowers and Bankers: A Great Divide
New York Times - 36 minutes ago
By GRETCHEN MORGENSON THE credit crisis has exposed and worsened a dangerous and deepening divide in this country between a vast number of average borrowers and a fairly elite slice of corporations, banks and executives enriched by the mortgage mania.
Wall Street's collapse: who is next? guardian.co.uk
google news commentComment by Christopher Whalen Managing Director, Institutional Risk Analytics
Kansas City Star - Newsweek - Bloomberg - Wall Street Journal
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Reuters
Bids for Chicago Cubs submitted
Reuters - 54 minutes ago
By Ben Klayman and Megan Davies CHICAGO/NEW YORK (Reuters) - The first bids for the storied Chicago Cubs and related assets were submitted on Friday in an auction that could fetch more than $1 billion, according to a source close to the process.
Bidding for Tribune's Cubs Leads Off With 3-Bagger Wall Street Journal
Tribune ends first round of bids for Cubs, Wrigley BusinessWeek
AZ Central.com - SportingNews.com - Hartford Courant - Chicago Tribune
all 195 news articles

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The Money Times
The Way Through
New York Times - 5 hours ago
Recent postcards from the financial edge: A bleary-eyed Treasury secretary announcing on a Sunday evening that the government would bail out Fannie Mae and Freddie Mac if need be.
Mortgage Giant Freddie Mac Considers Major Stock Sale Wall Street Journal
Bankers survey shows support for mortgage bailout CNNMoney.com
Newsweek - Reuters - Sun-Sentinel.com - Kansas City Star
all 793 news articles

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Teva gains edge in generics with its $7.5bn Barr deal
Financial Times - 7 hours ago
By Andrew Jack in London The agreed takeover, at a 32 per cent premium to the US company's average share price over the past year, will create a group with $12bn in annual sales, 500 marketed products and more than 200 applications for new drugs filed
Teva Buys Drug Rival, Barr, for $7.46 Billion New York Times
Teva to Buy Barr in $9 Billion Deal Washington Post
Wall Street Journal - Reuters - Forbes - The Star-Ledger - NJ.com
all 550 news articles

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CNNMoney.com
Legg Mason to back Yahoo's board
Financial Times - 2 hours ago
By Richard Waters in San Francisco Yahoo yesterday won an important supporter in its fight against activist investor Carl Icahn as one of the company's biggest shareholders said he expected to back the existing board at the company's annual meeting on
Yahoo proxy may come down to battle of big funds MarketWatch
Yahoo takes on Icahn on its web page Bizjournals.com
Los Angeles Times - BusinessWeek - BloggingStocks - New York Times
all 2,420 news articles

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Wall Street Journal
Short-selling rule to exclude market makers
Financial Times - 1 hour ago
By Joanna Chung in Washington Market makers, special traders that match buyers and sellers in the stock market, will be partly excluded from the emergency rule aimed at stopping abusive short-selling, the US Securities and Exchange Commission said
US banks ask SEC to expand stock trade protection Reuters
SEC Short-Sale Rule Gets Negative Reviews Wall Street Journal
Bloomberg - Forbes - MarketWatch - Taipei Times
all 573 news articles

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Boston Globe
Venture Funding Drops for Youngest Companies As Older Ones Suck Up
New York Times - 1 hour ago
By Abha Bhattarai In an ominous sign for Silicon Valley’s entrepreneurial machine, venture capital firms are cutting back on their investments in companies at their earliest stage of development and being forced to provide extra funding for later-stage
VC Deals In Charts (Q2 2008)?Exits? We Don't Need No Stinkin' Exits? Washington Post
Venture investments in state total $77.6 million so far in '08 Detroit Free Press
CNET News - The Associated Press - MarketWatch - RTT News
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Washington Post
Why We Buy Into the Herd, Even When It's Not Good for Us
Washington Post - 7 hours ago
By Michael S. Rosenwald After IndyMac Bancorp failed, customers waited in line for hours to collect their money. The police had to be called in to quell the mob.
The Way Through New York Times
Yet Another Domino Falls Newsweek
CNNMoney.com - San Francisco Chronicle - MarketWatch - Wall Street Journal
all 1,280 news articles

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