Monday, February 23, 2009

Early Feb 23 Headlines

  • US Government seeking $40 billion DIP Loan for GM and Chrysler (WSJ)
  • The extent of Obama's bank nationalization plan (Bloomberg)
  • Newspaper dominoes: Philadelphia Inquirer files for bankruptcy (FT)
  • U.A.E. lends $10 billion to Dubai to prevent crunch (Bloomberg)
  • Some more rumors of Eastern Europe's premature death (FT)
  • US Airways to stop charging for soda (NY Post)
  • Insider trading allegations within Lehman prop group, as model of how other prop desks made money (NYT)
  • iTraxx Financial Risk Index of 25 European banks rises to all time high (Bloomberg)
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