China is in talks to buy Morgan, in true tradition; we’ll see an announcement this weekend, regarding the fate of this institution (I predict). Now Goldman is the last man standing, now making it the smallest bank on Wall Street, yup, I need to verify my facts, but now, in a few weeks, we’ve seen a complete restructuring of Wall Street …. yup.
Although for some reason the market is falling when Bush addressed the nation (at least when I saw it).
Morgan Stanley Said to Be in Talks With China's CIC
[Link via Bloomberg]
Money markets get a lifeline
In effort to calm critical part of the broader financial system, Fed and Treasury offer steps to stabilize troubled funds.
[Link via CNN]
Lots of Link Love below.
SEC bans short-selling
Agency puts temporary halt to trading practice that 'threatens investors and capital markets' for 799 financial companies.
[Link via CNN]
Suze Orman on bailout plan: What took so long?
[Link via CNN]
New bailout planned
Paulson, Bernanke brief lawmakers on broad program to stem credit crunch.
[Link via CNN]
The Veritable And Much Ballyhooed About Free Market Is Beginning To Look A Lot Like Socialism
[Link via NYCtheBlog]
Yahoo starts front page overhaul
[Link via BBC]
Palin e-mail hack details emerge
Details of how an e-mail account of US Republican vice-presidential candidate Sarah Palin was hacked have emerged.
[Link via BBC]
Gallup Daily: Obama 48%, McCain 44%
[Link via Gallup]
Palin Refuses To Say Whether She Would Be Part Of Executive Branch»
[Link via ThinkProgress]
Comments