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Markets Surge After U.S. Growth Report
Source: The New York Times

The news that the United States economy had grown for the first time in a year electrified investors on Thursday, sending stocks upward after four days of sizable drops.

Ratings Agencies Face Greater Scrutiny
Source: www.globest.com

And any professional investor, regulator or member of Congress who says this was a surprise is either being less than truthful or more likely not informed enough to be in those positions.

Berkowitz Dumps American Express - Holdings Reduced 73%
Source: Guru Focus

The newest Oracle dumps a large percentage of AXP. What's that say?

Honduras Credit Rating May Be Cut on Political Risk, S&P Says
Source: Bloomberg.com

Honduras' sovereign rating may be cut should a prolonged political crisis and strained public finances erode foreign-exchange reserves, Standard & Poor's said.

Capitol Alert: S&P issues new warning on Cal's credit rating
Source: The Sacramento Bee

Standard & Poor's Ratimg Services has placed California's credit rating, already the lowest among the states, on a watch list "with negative implications" due to the state's chronic and unresolved budget deficit.

S&P tops 900 as Wall Street rallies
Source: ibtimes.com

S&P tops 900 as Wall Street rallies

RPT-US STOCKS-March exits Wall St as best month since 2002
Source: Reuters

Even as the broad S&P 500 rose 8.5 percent in March for its best one-month percentage gain since October 2002, uncertainty about the struggling economy left the benchmark U.S. stock index down 11.7 percent for the quarter.

U.S. stock futures slip after China disappointment : Because China is going to spend less on infrastructure, oh the irony
Source: MarketWatch.com

U.S. stocks closed higher Wednesday after five sessions of losses, with hopes for China spending driving the broad-based gains, save for the financial sector. The Dow industrials climbed 149 points, the S&P 500 rose 16 points and the Nasdaq Composite added 32 points.

Two ex-Islanders bosses nabbed for stealing $533 million - to buy horses and teddy bears
Source: NY Daily News

Two members of the Islanders' Hockey Team "Gang of Four" ownership group, Paul Greenwood, 61, and Stephen Walsh, 64, were arrested on securities and wire fraud charges that allege they stole $553 million from charities and pension plans to buy horses, mohair teddy bears and a $3  …

Senate Democrats to Fat Cats: No Pay For You!
Source: thebigmoney.com

The papers this morning are dominated by news that an $787 billion economic stimulus bill got the final go-ahead from Congress Friday nigh, and is on its way to the White House to be signed into law.

Toyota downgraded to 'AA+'; outlook negative
Source: Reuters

Feb 6 - Standard & Poor's Ratings Services today lowered to 'AA+' from 'AAA' its long-term corporate credit ratings on Japan-based automaker Toyota Motor Corp (7203.T). (Toyota) and a number of related entities, including Toyota Financial Services Corp.

Credit Ratings, Cows and 'Disturbing' Attitudes
Source: The Louisville Courier-Journal

Well, well, well ... Standard and Poor officials' text messages in 2007 reveal: 'We rate every deal.

Futures on S&P 500, Dow Industrials hit "limit down", effectively trading halted until markets officially open for the day
Source: Bloomberg.com

Futures contracts on the Standard & Poor's 500 Index and Dow Jones Industrial Average plunged by their daily limits on growing concern the financial crisis has infected the broader economy.

newsobserver.com | Subprime loans were a world of their own
Source: NewsObserver.com

According to researcher's at UNC-Chapel Hill's Center for Community Capital, the CRA was NOT a major factor in driving capital into the subprime market.

The Smart Money's On Green - CNN.com
Source: CNN

some...compare the clean energy sector to the dot com bubble of the late 1990s, but Nasdeo is quick to point out the differences.

U.S. regulator finds questionable practices at securities ratings agencies
Source: International Herald Tribune

A blistering 37-page report issued by the U.S.

3 ways Wall Street tricks shareholders
Source: MSN

As we watch companies blow up almost weekly after running into debt problems exacerbated by today's credit crunch, it's wise to check the health of your stocks. Good luck. Because of the way the bean counting works, the financial wizards inside companies can routinely:

World's Largest Bond Insurers Collapsing! - Mozilla Firefox
Source: moneyandmarkets.com

Trillions not just Billions. Local finances (small and medium banks and local government funds) are restructuring as well because of the current market crisis. Wow.

S&P: US Companies' Earnings & Economic Growth To Slow In Near Term
Source: fundsupermart.com, dow jones

Standard & Poor's said Wednesday it expects the U.S. economy and corporate earnings to slow in the near term, but further rate cuts by the Federal Reserve will likely prevent the economy from plunging into a sharp recession.

'Bin Laden' Options Trades Have Wall Street Whispering
Source: TheStreet.com

The blogosphere and options trading desks have been rife with speculation about these trades, which are unusually large bets that the market will make a huge move in the next month.

Dow Off 167 Points in Late Swoon - New York Times
Source: The New York Times

The disquiet on Wall Street showed no signs of letting up as the Dow industrials closed below 13,000 for the first time since April and the S.&P. 500 erased its gains for the year.

The 3 Forces Behind a Market Crash
Source: fool.com

There were a lot of new highs reached in the market a few weeks ago -- followed by very significant declines over the past couple of weeks.

S&P Plans Shariah Versions of Indices
Source: TheStreet.com

The new indices, the S&P 500 Shariah, the S&P Europe 350 Shariah and the S&P Japan 500 Shariah, have been created by screening stocks in the parent indices for companies considered unacceptable, such as those that operate in alcohol, defense or weapons, entertainment, financial s …

S&P Rates Kazakhstan Insurer 'B+'
Source: Insurance Journal

"Eurasia is the largest insurance company and the leading commercial insurer in Kazakhstan, specializing in commercial and reinsurance risks in the energy, aluminum, mining, and ore-related industries, with gross premium income of Kazakhstan tenge (KZT) 11.5 billion ($88.6 millio …

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