Tuesday, January 27, 2009

Late Tuesday Headlines

  • Exxon cut to Neutral from Buy at UBS
  • 78,000 fired today (NY Post)
  • Thain called to testify on Merrill bonuses, hires spin doctors (FT, NY Post)
  • Putin to seek new economic order at Davos (Moscow Times)
  • Most Wall Street workers unhappy with their bonuses (Bloomberg)
  • Will CDS spreads tumble in February? (FT Alphaville)
  • AIG has given 400 derivative traders $1.1 million average retention guarantee (Bloomberg)
  • Dov Charney's American Apparel in whole new batch of trouble (NY Post)
  • Petrobras will not issue debt this year, market too expensive (Bloomberg)
  • All about the golddiggers' neo-forum (NY Times)
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