- Must read: NYSE chief cautions over low-volume March rally (FT, hat tip Jonah)
"“The real money investors are still waiting. I think they’re waiting, they’re watching. They want to make sure that what we saw in March is real. And I think once they are convinced you will know it. The market will have a totally different tone to it.” - Sound familiar? US foreclosure filings jump as moratoriums end (Reuters, hat tip Infiniti)
http://www.reuters.com/article/topNews/ idUSTRE53F0LG20090416 - China economy expands at slowest pace in a decade (Bloomberg)
- GM to finally study dropping Pontiac, GMC... when it should have studied this 4 months ago (Bloomberg)
- Capital One credit card losses exceed US unemployment (FT)
- Delphi faces deadline on GM aid (NYT)
- Fear, greed driving gun sales up (WSJ)
- Joe Steinberg of Leucadia, and Gary Convis of auto pennystock Dana love their private jets (NYT)
- AIG nears key $2 billion disposal (FT)
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