Tuesday, February 10, 2009

Late Tuesday News

  • Bonuses alive and well for U.S. retail brokers (Reuters)
  • CDS Clearinghouse efforts have stalled (Bloomberg)
  • Martin Wolf: Why new TARP will fail to rescue the banks (FT)
  • Edra Blixseth's bankrupt Yellowstone Club being sold for $100 million to CrossHarbor Capital (Bloomberg)
  • The big 3 banks cutting back on $1.6 trillion of credit lines (Bloomberg)
  • Hedge-Funds return 0.5% in January (Bloomberg)
  • CEO homes picketed by underwater homeowners (NYPost)
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