Thursday, March 5, 2009

Frontrunning: March 5

  • Evans-Pritchard: Europe's banks face a $2 trillion dollar shortage (Telegraph)
  • BoE cuts rates to 0.5%, will print over $100 billion of new cash (Reuters)
  • Delta sells planes as operations plummet (AJC)
  • JPM, Wells and BofA next to feel Moody's wrath (Bloomberg)
  • UK pub owners feel the pinch (Telegraph)
  • GM receives "going concern" warning from auditors (WSJ)
  • Expatriate bankers unexpectedly getting laid off (NYT)
  • Legg Mason sells last $1.8 billion of distressed debt investments from money-market funds (Bloomberg)
  • Troubles mount for UBS in the "other" legal case (Reuters)
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