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Fishing for rights (Business Standard India)
Tight market conditions are pushing Indian companies to tap their shareholder base to fund expansions and acquisitions. The credit crisis which erupted in January 2008 and the subsequent crash in equities have made it difficult for Indian promoters to raise funds.
Sun, 05 Oct 2008 19:08:16 GMT

Agency ’04 Rule Let Banks Pile Up New Debt, and Risk (The Hendersonville Times-News)
A decision the Securities and Exchange Commission made in 2004 helps explain why problems in finance could spin out of control.
Fri, 03 Oct 2008 16:10:04 GMT

How lifting a bank rule set the stage for a crisis (The Sarasota Herald-Tribune)
"We have a good deal of comfort about
Fri, 03 Oct 2008 05:14:37 GMT

Il colossale piano di salvataggio approvato dal Senato Usa (CittadinoLex)
Il Senato Usa ha approvato il piano di salvataggio da 700 miliardi di dollari ma ha trasformato il documento originario in un mostruoso testo da 451 pagine capace di bloccare un computer.
Thu, 02 Oct 2008 15:59:15 GMT

World News:

Dow dives below 10,000 on credit, recession fears
NEW YORK (Reuters) - Stocks slid for a fourth straight day on Monday, leaving the Dow below 10,000 for the first time in four years, on fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading

Crisis hammers stocks, U.S. urges unified response
NEW YORK/WASHINGTON (Reuters) - Governments around the world scrambled for new measures to contain the fast-spreading credit crisis as stock, bond and commodity markets bet on deepening uncertainty and a sharp downturn.

BofA earnings tumble, cuts dividend
NEW YORK (Reuters) - Bank of America Corp, citing "recessionary conditions," on Monday halved its dividend and said it would sell at least $10 billion in new common stock to bolster its capital to offset rising loan losses.


 

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