Friday, January 30, 2009

Early Jan 30 Headlines

  • GDP: Q4 annualized report out at 8:30 am: Consensus at -5.5%, Actual at -3.8%: someone forget to carry the 1? Anyone know what if any seasonal adjustments go on here?
  • Much more on Fortress (Bloomberg)
  • Barclays says 40% of Japan's investors see risk of US Default (Bloomberg)
  • Are Wall Street bonuses about to go extinct (Bloomberg)
  • Russia budget deficit may drain stabilization fund (Moscow Times)
  • Ireland outlook cut to negative by Moody's, CDS becomes most expensive in eurozone at 263(Bloomberg here and here)
  • Strikes spread across UK (Guardian)
  • Station Casinos nears bankruptcy (Bloomberg)
  • Mary Schapiro to receive up to $25 million in benefits after leaving FINRA (NY Post)
  • Weill ends Citi consulting job, gives up millions (Bloomberg)
  • More on Istithmar's amusing attempt to sell Barney's at 2x fair value (NY Post)
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