antigop
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Wed Sep-24-08 10:07 AM
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| 58. BNY Mellon to take big charge for bailing out funds with Lehman holdings |
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http://financialweek.com/apps/pbcs.dll/article?AID=/200... Bank of New York Mellon on Wednesday said it will take a $425 million third-quarter charge to bail out at least 10 funds affected by Lehman Brothers bankruptcy, in a bid to help investors avoid losing money.
The company said it was providing support to four money market mutual funds operated by its Dreyfus unit, five commingled funds used mainly to hold cash overnight, and an institutional fund used to reinvest cash collateral within the bank’s securities lending business.
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| -STOCK MARKET WATCH, Wednesday September 24 |
ozymandius |
Sep-24-08 04:29 AM |
#0 |
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Today should be interesting. |
truthisfreedom |
Sep-24-08 04:31 AM |
#1 |
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Market WrapUp |
ozymandius |
Sep-24-08 04:33 AM |
#2 |
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Today's Reports |
ozymandius |
Sep-24-08 04:36 AM |
#3 |
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RPT-US mortgage mortgage applications fell in latest week |
UpInArms |
Sep-24-08 07:20 AM |
#25 |
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U.S. August existing home sales down 2% to 4.91 mln pace (slower than expected) |
Roland99 |
Sep-24-08 09:13 AM |
#49 |
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Oil rises above $108 as investors eye US bailout |
ozymandius |
Sep-24-08 04:37 AM |
#4 |
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Buffett's Berkshire betting $5 billion on Goldman |
ozymandius |
Sep-24-08 04:41 AM |
#5 |
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Bloomberg.com is saying |
NeoConsSuck |
Sep-24-08 04:51 AM |
#8 |
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U.S. futures up; eyes on Bernanke, Paulson, Goldman |
ozymandius |
Sep-24-08 04:57 AM |
#10 |
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Analysis: This is not a confidence measure. |
ozymandius |
Sep-24-08 04:59 AM |
#11 |
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Maybe now that it's a real bank he feels comfortable investing. |
Prag |
Sep-24-08 08:34 AM |
#37 |
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FBI investigates four Wall Street firms over sub-prime meltdown |
ozymandius |
Sep-24-08 04:42 AM |
#6 |
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Paulson protected Goldman from the worst of this |
Changenow |
Sep-24-08 08:05 AM |
#31 |
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Marcy Kapture ROCKS! "they want mama to make it all better" |
TalkingDog |
Sep-24-08 09:40 AM |
#54 |
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Buffett's "time bomb" goes off on Wall Street |
ozymandius |
Sep-24-08 04:48 AM |
#7 |
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Tax-Break Package Passes in the Senate |
ozymandius |
Sep-24-08 04:52 AM |
#9 |
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Why should foreign subsidiaries defer paying their taxes? -nt |
trudyco |
Sep-24-08 01:06 PM |
#74 |
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Banking Expert: Bailout Not Necessary, Industry Can Take Losses |
ozymandius |
Sep-24-08 05:05 AM |
#12 |
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"clearing the detritus from the last speculative bubble" |
Ghost Dog |
Sep-24-08 05:37 AM |
#17 |
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So a few or a lot of people in the banking / finance industries loose their shirts |
nolabels |
Sep-24-08 08:57 AM |
#45 |
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EU says doesn't need U.S.-style toxic asset plan |
Ghost Dog |
Sep-24-08 10:25 AM |
#60 |
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The U.S. doesn't need the bailouts, either. They just WANT the bailouts. |
loudsue |
Sep-24-08 02:47 PM |
#81 |
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Republicans to Cheney on $700-billion bailout: We're not buying it |
radfringe |
Sep-24-08 05:05 AM |
#13 |
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The electorate is breathing down their necks over this. |
ozymandius |
Sep-24-08 05:14 AM |
#16 |
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You beat me to it, Ozy. |
Tansy_Gold |
Sep-24-08 07:03 AM |
#22 |
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And I agree Tansy, Cheney looks terrible. |
MadinMo |
Sep-24-08 07:38 AM |
#28 |
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He's worried the bailout bill won't pass |
DemReadingDU |
Sep-24-08 07:44 AM |
#29 |
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He's worried about Halliburton's no bid contract. |
Dr.Phool |
Sep-24-08 08:06 AM |
#32 |
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My God he looks old |
Changenow |
Sep-24-08 08:14 AM |
#33 |
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Which brings up an old niggling worry of mine |
Tansy_Gold |
Sep-24-08 08:48 AM |
#43 |
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Cheney is sick. |
TalkingDog |
Sep-24-08 09:32 AM |
#52 |
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hate for him to suffer |
eowyn_of_rohan |
Sep-24-08 10:00 AM |
#56 |
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My time here is short this morning. |
ozymandius |
Sep-24-08 05:07 AM |
#14 |
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Pool winner today? Only 275.93 to tie, 275.94 to win... |
radfringe |
Sep-24-08 05:13 AM |
#15 |
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Maybe not today. Futures up about 1%. |
Roland99 |
Sep-24-08 05:41 AM |
#18 |
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Good Mornin` fellow seekers of information |
Buttercup McToots |
Sep-24-08 05:46 AM |
#19 |
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Aw, sorry to hear that. |
Prag |
Sep-24-08 08:41 AM |
#39 |
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Yes, I need it...Thank you |
Buttercup McToots |
Sep-24-08 11:24 AM |
#64 |
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sit on your cash. |
truthisfreedom |
Sep-24-08 06:18 AM |
#20 |
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last night talked with a friend about the bailout mess/stock market |
radfringe |
Sep-24-08 08:16 AM |
#34 |
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Debt: 09/22/2008 9,785,866,165,910.40 UP 58,856,546,016.06 (A lot!) |
Festivito |
Sep-24-08 06:30 AM |
#21 |
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I expect we'll see the PPT fairies being stingy with their dust over the next week or so. |
MilesColtrane |
Sep-24-08 07:06 AM |
#23 |
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dollar watch |
UpInArms |
Sep-24-08 07:13 AM |
#24 |
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Pickens hedge funds down about $1 billion this year: report |
UpInArms |
Sep-24-08 07:23 AM |
#26 |
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Don't worry Boone. |
MilesColtrane |
Sep-24-08 08:17 AM |
#35 |
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No Money to Gamble: Unexpectedly, Las Vegas hit by downturn |
UpInArms |
Sep-24-08 07:25 AM |
#27 |
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My sister works at Harrah's and has a lot of seniority. |
Dr.Phool |
Sep-24-08 08:04 AM |
#30 |
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BushCo™ Bail Out Imperative |
MilesColtrane |
Sep-24-08 08:29 AM |
#36 |
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First, but not last Lampoon I ever bought....n/t |
TalkingDog |
Sep-24-08 09:35 AM |
#53 |
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Yay! A radfringe 'toon! |
Prag |
Sep-24-08 08:39 AM |
#38 |
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thanks - they are being featured on World News Trust |
radfringe |
Sep-24-08 08:45 AM |
#42 |
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since AIG has now been removed from the DOW |
dweller |
Sep-24-08 08:42 AM |
#40 |
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Good luck tomorrow. |
Prag |
Sep-24-08 08:45 AM |
#41 |
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Is someone blackmailing the economy? |
antigop |
Sep-24-08 08:53 AM |
#44 |
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fwiw, link to Ben Stein's article |
antigop |
Sep-24-08 09:03 AM |
#47 |
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Henry M. Paulson's Public Financial Disclosure Report for Calendar Year 2006 |
antigop |
Sep-24-08 08:59 AM |
#46 |
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10:09am - Morning glory has faded |
Roland99 |
Sep-24-08 09:11 AM |
#48 |
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~10:20 ET: After a lukewarm rise, now a lukewarm fall... |
Prag |
Sep-24-08 09:21 AM |
#50 |
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Bank of New York's $22.5 billion headache |
antigop |
Sep-24-08 09:31 AM |
#51 |
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the 'war on tight credit' = 'the war on terror' ? |
muleboy303 |
Sep-24-08 09:45 AM |
#55 |
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PIEHOLE EFFECT PIEHOLE EFFECT... bwaaaahaaahaaaa |
radfringe |
Sep-24-08 10:04 AM |
#57 |
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wonderful |
dweller |
Sep-24-08 10:38 AM |
#61 |
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The 19% PIEHOLE that it be |
nolabels |
Sep-24-08 10:46 AM |
#63 |
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Gotta get out there and "sell" the idea, damn it!!! Come on, this isn't about |
54anickel |
Sep-24-08 01:31 PM |
#76 |
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Bush's Blather Will KILL the Bailout For Sure! |
Demeter |
Sep-24-08 04:58 PM |
#93 |
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BNY Mellon to take big charge for bailing out funds with Lehman holdings |
antigop |
Sep-24-08 10:07 AM |
#58 |
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11:18:am - Mexed Missages |
Roland99 |
Sep-24-08 10:19 AM |
#59 |
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France's EDF agrees $23 bln bid for British Energy |
Ghost Dog |
Sep-24-08 10:39 AM |
#62 |
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LIBOR: 3.43 |
Roland99 |
Sep-24-08 11:33 AM |
#65 |
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FEAR |
DemReadingDU |
Sep-24-08 12:09 PM |
#69 |
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Bennie and Paulie in da House .... |
dweller |
Sep-24-08 11:41 AM |
#66 |
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Anyonehave the volume numbers? My hunch is it's a very light day so far. |
Roland99 |
Sep-24-08 11:55 AM |
#67 |
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Extremely light. |
Prag |
Sep-24-08 12:06 PM |
#68 |
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They decided to let the monkey out of his cage tonight after all. |
Dr.Phool |
Sep-24-08 12:23 PM |
#70 |
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"Calamity Jane" Perino |
there-s a |
Sep-24-08 04:01 PM |
#92 |
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Propagandist to open piehole at 9pm EDT "US faces financial calamity" |
Roland99 |
Sep-24-08 12:43 PM |
#71 |
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WHOAAAA! LOOK OUT LOOK OUT!!! |
radfringe |
Sep-24-08 12:54 PM |
#72 |
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With apologies to Jimi...... today's theme song |
TalkingDog |
Sep-24-08 02:55 PM |
#84 |
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Krugman's cynical humor |
antigop |
Sep-24-08 01:03 PM |
#73 |
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Bailie Mae? Hanky Panky? |
Dr.Phool |
Sep-24-08 01:24 PM |
#75 |
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McCain trying to weasel out of debate on Friday to concentrate on crisis. |
Dr.Phool |
Sep-24-08 02:03 PM |
#77 |
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This could mean that Washington Mutual is going to fail on Friday. |
Finnfan |
Sep-24-08 02:20 PM |
#79 |
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According to chatter on CNBC, Reid and Dems are working a deal. |
Dr.Phool |
Sep-24-08 03:26 PM |
#91 |
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NOW McCain decides it's time to go show up and do his job ? |
muleboy303 |
Sep-24-08 02:50 PM |
#82 |
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Could someone explain this to me? |
truthisfreedom |
Sep-24-08 02:11 PM |
#78 |
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It is a superset of credit default swap. In other words a |
WakingLife |
Sep-24-08 02:25 PM |
#80 |
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LIke WOW then, i never dreamed we would be participating in gambling sceme....... |
nolabels |
Sep-24-08 02:55 PM |
#85 |
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And that is why |
Mojorabbit |
Sep-24-08 02:54 PM |
#83 |
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And it is all unregulated thanks to the Commodity Futures Modernization Act of 2000 |
PA Democrat |
Sep-24-08 03:04 PM |
#87 |
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I think of them as sports bettting on financial events |
htuttle |
Sep-24-08 03:11 PM |
#88 |
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Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives |
fedsron2us |
Sep-24-08 05:10 PM |
#95 |
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Seriously..... down 3 and a half points.... |
TalkingDog |
Sep-24-08 03:04 PM |
#86 |
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Goldman's shares get suspicious boost pre-Buffett |
formercia |
Sep-24-08 03:15 PM |
#89 |
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I think the settling is over.... |
Roland99 |
Sep-24-08 03:23 PM |
#90 |
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So, this is what a REAL Market Looks Like |
Demeter |
Sep-24-08 05:38 PM |
#96 |
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Afternoon Marketeers..... |
AnneD |
Sep-24-08 05:01 PM |
#94 |
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We all thought you just decided to spend the day in bed. |
Dr.Phool |
Sep-24-08 06:09 PM |
#97 |
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MarketWatch: China asks local lenders not to lend to U.S. |
dweller |
Sep-24-08 11:07 PM |
#98 |
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It's happened. |
Dr.Phool |
Sep-24-08 11:35 PM |
#99 |
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Withdrawals hit Bank of East Asia |
fedsron2us |
Sep-25-08 03:47 AM |
#100 |