The Mother of All Bailout Funds (BusinessWeek)
Uninsurable risks Bad debt Changes in fashion Time lapses between ordering and delivery New machinery or technology Different prices at different places
The Mother of All Bailout Funds (BusinessWeek)
Prodded by Treasury Secretary Henry Paulson, the top three U.S. banks—Citigroup ( C ), Bank of America ( BAC ), and JPMorgan Chase ( JPM )—on Oct. 15 set up an $80 billion entity that will serve as a buyer of last resort for some 30 "structured investment vehicles," or SIVs.
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Joplin voters to revisit city's charter (The Joplin Globe)
Joplin voters will be asked Nov. 6 if the Joplin Home Rule Charter — enacted in 1954 — can be changed to, among other things, align election rules with state law, outline new bidding requirements, and delete portions that are or will be covered by city code or policy.
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U.S. Stocks Fall Most in 2 Months; Banks, Energy Shares Tumble (Bloomberg.com)
Oct. 19 (Bloomberg) -- U.S. stocks tumbled the most in two months after earnings reports from banks, manufacturers and industrial companies heightened concern about the health of financial markets and the economy.
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Lazenby goes 2-1 at state tournament (The Joplin Globe)
SPRINGFIELD, Mo. — Joplin High School sophomore Rachel Lazenby, with two wins and one loss Friday in Class 2 of the MSHSAA state tennis tournament, advanced to the consolation semifinals today at the Cooper Complex.
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Carl Junction thwarts late Neosho comeback (The Joplin Globe)
NEOSHO, Mo. — It looked like the Neosho Wildcats were going to do it again. A week after the they forced overtime against Carthage with a late touchdown, the Wildcats were on the move once more.
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Newly incorporated businesses. (Arizona Business Gazette)
John A. Banker White Mountain Old West Shootists 22 County Road, 3176, Vernon 85940. John A. Foley Desert Trends LLC 462 S. Gilbert Road, Suite 803, Mesa 85204.
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Banks see chance of selling $11 billion in debt from TXU buyout (International Herald Tribune)
Banks for Kohlberg Kravis Roberts and TPG will start selling loans and bonds next week to finance the buyout of TXU, now named Energy Future Holdings, people briefed on the plans said.
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(AFX UK Focus) 2007-10-17 06:15 GMT: Thomson Financial Europe AM at a glance share guide: Stocks lower, oil up (Interactive Investor)
LONDON (Thomson Financial) - US SUMMARY: Stocks lower on Bernanke comments; oil soars to new record on MidEast worries
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Asian economic and business calendar -- to Oct 30 (Sharewatch)
MUMBAI (Thomson Financial) - Key items expected to Oct 30 Tuesday October 16 -Indonesian market closed -Hong Kong July-Sept unemployment rate -Taiwan 5-year, 30 bln twd govt bond offer -European Sept new car registrations -Euro zone Aug Sept HICP -EU's Kroes speaks at Centre for European Reform breakfast meeting -US Sept industrial production and capacity utilization -US October NAHB-Wells Fargo ...
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New mosque celebrated (The Joplin Globe)
Joplin-area Muslims gathered Saturday for Eid al-Fitr, a celebration marking the end of the holy month of Ramadan. Unlike in past years, Muslims gathered at a local mosque, which members say is Joplin’s first.
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The Mother of All Bailout Funds (BusinessWeek)
In the case of a company, managerial or corporate finance is the task of providing the funds for the corporation's activities. For small business, this is referred to as SME finance. It generally involves balancing risk and profitability.
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