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    Freddie may draw additional $35 bln from Treasury

    Freddie may draw additional $35 bln from Treasury Fri Jan 23, 2009 5:05pm EST NEW YORK, Jan 23 (Reuters) - Freddie Mac (FRE.P), the second-largest provider of funding for U.S. home loans, on Friday said expected fourth-quarter losses may force it to draw up to $35 billion from the U.S...
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    Spain loses AAA rating

    Building boom reduced to ruins by collapse of Spain's economic miracle 'Manhattan of La Mancha' should have housed 40,000 - now it is a ghost town Giles Tremlett in Seseña The Guardian, Monday 19 January 2009 Article history The building has stopped in Seseña. Where just a year ago...
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    Irish Bank shares plummet 60-80% on panic

    Bank shares plummet after Anglo Irish board resigns Henry McDonald, Ireland correspondent guardian.co.uk, Monday 19 January 2009 15.59 GMT Article history Shares in Irish banks plunged to record lows today over fears for the country's entire banking system. The panic was prompted by...
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    STT -State Street: $9B in potential losses, layoffs to come

    State Street: $9B in potential losses, layoffs to come Boston Business Journal - by Craig M. Douglas State Street Corp. was hit with $800 million in charge-offs during the fourth quarter and warned in a regulatory filing Friday it had another $9.1 billion in unrealized losses tied to...
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    Please list the bad news...

    1000's of co's BK Millions more individuals Foreclosures and/or BK Real Estate Crash(Sir John Templeton predicted 90% drop from highs) euro collapse US States & Municipalities BK UK/POUND BK USA/USD BK
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    Barclays slump 25pc in last hour , and more than 40pc last week

    that is "THE" question isn't it? Only time will tell. You'd have to know what's on the books and how the market dynamics will play out over the next few years to know the answer. Level 3 assets are the great "mystery" of our time.
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    Barclays slump 25pc in last hour , and more than 40pc last week

    rumor fri was they needed to raise 30 bil to cover current losses.
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    Barclays slump 25pc in last hour , and more than 40pc last week

    Barclays, for example, is in a position analogous to Citigroup and Bank of America. In 2007 close to half its profits came from "investment banking", now so perilous for its American counterparts. Barclays is the leader in so-called corporate "synthetic" structured investment vehicles - complex...
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    UK's Brown declines to rule out complete nationalization of the banks

    Brown says British banks must clear up bad debts Saturday January 17, 10:49 am ET British prime minister says British banks must clear up bad debts LONDON (AP) -- Britain's banks must reveal the full extent of their losses due to so-called toxic debts, Prime Minister Gordon Brown said...
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    Bad Banks = Nationalization?

    WSJ reporting Bad bank scenario on the table for next phase of bailout. Are we on the verge of nationalizing C BAC and ultimately JPM WFC USB?:confused: Officials concerned about toxic assets hurting banks: WSJ 5:51 PM ET, Jan 16, 2009 U.S. officials considering government-run 'bad...
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    Moody's cuts Bank of America, Merrill Lynch on quarterly losses

    haha exactly. Its the same every cycle.Just a vicious down spiral of downgradess>>lower prices>>downgradess.
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    Merrill Lynch Lost $15.31 Billion In Fourth Quarter, Bank Of America Says

    not reflected? ROFL what a joke. So basically the US taxpayer just paid MER shareholders for a worthless company?
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    BAC, long term position

    HA! free ride is over common shareholders. Welcome to the Obama era.
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    Anyone Remember the show "The City"?

    As I recall it was based in London in the 1990's, and centered around a fiixed income prop desk. looking for info. thanks
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    Italian retirement funds and the real world

    interesting. Thanks for posting.
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    DAT For Canadians - Is there such a things as A good Firm In Canada

    You'll learn newb.
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    Xle Cvx Slb Hal

    Propped Up by Thin Air By Jim Cramer About this article: A friend emails and says that "they" are trying to take the Oil Services HOLDRs up in my face. And it's true. All day today there was a bid for the oil drillers, mostly from people playing the "they are down so much I have to buy...
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    Xle Cvx Slb Hal

    news just broke so its not reflected yet.
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    DAT For Canadians - Is there such a things as A good Firm In Canada

    IB Canada. Best of breed.
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    Xle Cvx Slb Hal

    CVX warns big. SLB HAL layoffs on tap. Is this baked into to xle already? or not? CVX is 14% of XLE weighting fwiw. Chevron sees "significantly" lower fourth-quarter earnings By Jim Jelter Last update: 5:11 p.m. EST Jan. 8, 2009 warned late Thursday that its fourth-quarter...
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