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  • Winter weather slams area
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• Archives

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• Recent Stories

  • MILL: PDF version of today’s C…
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  • CC: Remembering King http://ww…
  • CC: “A Day On Not a Day Off�…
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• Financial Blogs

• Calculated Risk

  • D.C. Closed Again on Tuesday and Euro Perspective
    From the WaPo: Federal government will be closed on Tuesday. More snow ...This could mean that some of the economic releases might be delayed this week.And from Paul Krugman: Euro perspective. Professor Krugman provides a pie chart putting the GDP of the PIGS (Portugal, Ireland, Greece and Spain) into perspective.Greece, which is making most of the headlines […]
  • Greek Finance Minister: Call for help "worst possible signal"
    From Bloomberg: Greece Says Aid Call Would Send ‘Worst Signal’ as Bonds Slide “The worst possible signal which we could send out is one calling for outside help,” [Greek Finance Minister George Papaconstantinou] said in an interview with Bloomberg Television in Athens yesterday. “We will tackle the deficit,” he said, adding that tax revenues in January excee […]
  • Party Like it's 1999
    From March 29, 1999: A CNBC Promo ... Click on graph for larger image in new window.This graph is from Doug Short of dshort.com (financial planner). His comments: This chart ... shifts the point of alignment ... to the bear bottom in the Oil Crisis and Tech Crash, the first major low in the 1929 Dow, and the March 9th closing low for our current Financial Cr […]

• Big Picture

  • The Crumbling Greek Economy
    I don’t recall where this is from, but it seems appropriate today: […]
  • Corporate credit markets feeling the correction too
    The equity market correction over the past few weeks due to sovereign credit concerns on top of China policy tightening moves, mixed US economic data and a raised bar of earnings expectations has also gotten around to the credit markets over the past few weeks. Today, the investment grade CDS index is at 105 bps, [...] […]
  • Monday Reads
    Some reads to start the week: • Alan Greenspan fights back (Fortune)  Four years after leaving the Fed as the Greatest Central Banker Ever, the longest-serving chairman, the Maestro, Alan Greenspan is the designated goat. • Dorfman: Buy Stock Now to Ride Second Stage of Bull Market (Bloomberg) • The perils of economic populism (The New Yorker) • What [...] […]

• WAPO Housing

  • Regulators outline potential pitfalls of reverse mortgages
    If you, your relatives or your friends are contemplating applying for a reverse mortgage in 2010, check out the new guidelines proposed in December by federal regulators. Though aimed at banks and credit unions, the guidelines neatly sum up the potential pitfalls for consumers in the fast-growing reverse-mortgage field. Reverse mortgages typically are restri […]
  • Congress moving toward a consumer financial watchdog with real bite
    Had there been a federal watchdog consumer protection agency during the early years of this decade, could it have prevented the housing boom and bust that put millions of homeowners into foreclosure and sucked trillions of dollars of equity wealth from just about everybody else? […]

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• News

• TBJ

  • PPD’s costs up, revenue and earnings down
    PPD Inc’s earnings fell by 60 percent during the fourth quarter of 2009 as revenue dipped while costs grew. (PPDI) […]
  • Bank vet Willis named to lead Fidelity
    Fuquay-Varina-based Fidelity Bank has named Mary W. Willis as its new president and CEO. […]

• NC Business

  • Trinity Mirror To Buy GMG Regional Media For GBP44.8M - Wall Street Journal
  • Super Bowl viewers loved 'Underdog' ad - News & Observer
  • No. 8 Blue Devils riding Scheyer, Smith, Singler - SI.com
  • Duke women rout North Carolina - Washington Post

• AP Business

  • EU searches for way out of debt crisis
  • Pulte Homes posts loss for Q4
  • Stock futures climb ahead of opening
  • Nissan returns to profit in Oct-Dec quarter
• 
  

• WSJ

  • Fannie, Freddie Remain State Wards
    With no blueprints for the future and no clear exit strategy for the government, Fannie and Freddie are focusing for now on the U.S. loan-modification program. […]
  • Menendez Prodded Fed to Aid Lender
    Sen. Robert Menendez wrote to the Fed last July asking it to approve a bank takeover that would have kept two of his campaign contributors from losing their investments in the ailing bank. […]

• NYT

  • As Data Flows In, the Dollars Flow Out
    The average American is expected to spend nearly $1,000 this year on services like cable, Internet and video games. […]
  • Patient Money: Fighting Denied Claims Requires Perseverance
    Following a few steps can make the process of appealing insurance denials easier and increase the likelihood of success. […]

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