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Frenzied Financials Week 14

Finance, Current Events

Haven Trust Bank shuts down
Dow down 65 on Mon
Siemens agrees to pay $1.3B in bribery settlement
Consumer prices fall by record 1.7%
Goldman Sachs posts $2.1 billion loss
FED drops interest rate to historic low
Dow up 359 on Tues
Morgan Stanley loses $2.37 billion in fiscal 4Q
Ecuador to default on foreign debt
Dow down 99 on Wed
Chrysler, Ford idle factories, GM delays new plant
Mortgage rates fall to 37-year low
Hedge fund graveyard: 693 and counting
Automakers to get $17.4B
Dow down 220 on Thu
Bank of Japan Cuts Rate to 0.1%
Italy bails out Parmesan cheese makers
Dow down 25 on Fri
$1.6B went to bailed-out bank execs

Posted: 2008-12-21 16:59:08

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