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Hedge funds gain access to $200bn Fed aid By Krishna Guha in Washington Published: December 20 2008 05:01 | Last updated: December 20 2008 05:01 Hedge funds will be allowed to borrow from the Federal Reserve for the first time under a landmark $200bn programme intended to support...

Talks continue between the Obama administration and financial industry representatives over a plan to further ease the credit crunch, including a so-called 'bad bank' component to buy toxic assets. If progress continues to be made an announcement is likely late next week, according to a source...

If you don't understand by friday let me know..

I'm not much for conspiracies but Dennis Kneale was bending over backward to scare the market fri when Gasparino was RE-reporting the bad bank news. He put that news out thurs pm on Kudlow's show. I guess CNBC folks aren't aware of when people report THEIR OWN NEWS? oh well whatever.

I suspect we may see a tidal wave of hype leading up to this.They will want maximum momentum for the release. Obama only has one shot to get this right. They are gonna push it for all its worth.

"In Saturday's address he said his stimulus package would save or create at least 3 million jobs" Q: How do you measure "saved" jobs? A: You don't And if you can't measure it, you can't fail!

US set for ‘big bang’ financial clean-up ByKrishna Guha in Washington Financial Times Published: January 30 2009 23:31 | Last updated: January 31 2009 00:19 The Obama administration is gearing up for a “big bang” announcement next week that will combine a bank clean-up with...

breaking news CNBC!? LOL get a clue you dumbfucks. Way to rehash old news and spook market.

Well these insurance cos are pretty much all broken now. What's next? BAC C nationalized and winners run higher? mkt hinting that today.

No but it linked to: http://www.imdb.com/title/tt0098760/ Which is what I was looking for! Thanks!:) "Capital City was first aired in the late 80s in an attempt to cash in on the success of the film Wall Street. This was the period where greed was good, Filofaxes were cool and London...

Obama Officials, Wall Street Talk Bad Bank Plans Topics:Banking | Economy (U.S.) | Economy (Global) | Barack Obama | White House | Congress | Politics & Government Sectors:Banks By: Charlie Gasparino, On-Air Editor | 29 Jan 2009 | 07:49 PM ET Text Size Charles Gasparino On-Air...

No Leisman was the one with specifics. Hard to believe they would "leak" detail as a done deal next week then two days later say deal is in doubt and then scold banks to boot. Amateur Hour so far for Obama. imo

Maybe its the endless nightly booze shmooze.

Time to sacrifice C BAC to the trading gods? Who are the winners? WFC JPM USB GS?

Says around the clock meeting w/ bank execs have no censensus on how to work it out.

I don't know his remarks today sound like the banks are about it to take it up the you know what: “The priority is to get credit flowing again,” Summers said. “It’s going to emphasize transparency, it’s going to emphasize accountability.” “The focus isn’t going to be on the...

wrong! http://finance.yahoo.com/q/bc?s=GE&t=my&l=on&z=m&q=l&c= "Are charts split adjusted? Charts are adjusted for splits" http://help.yahoo.com/l/sg/yahoo/finance/charts/chart-08.html

Duh!

ca⋅tas⋅tro⋅phe [kuh-tas-truh-fee] 1. a sudden and widespread disaster: the catastrophe of war. - no 2. any misfortune, mishap, or failure; fiasco: The play was so poor our whole evening was a catastrophe. - yes 3. a final event or conclusion, usually an unfortunate one...

$5 in 1987 to $12 in 2009! What a BLUE CHIP lol:D probably flush under 10 before its over. Then load the boat.