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Cheapsuits / Submitted

`Panic' Strikes East Europe Borrowers as Banks Cut Franc Loans

Posted by Cheapsuits 1305 days ago (http://www.bloomberg.com)
Category: Economy | Tags: crisis hungary
banks are curtailing the loans as investors pull money out of eastern Europe's developing markets read more »
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Who Shrank The Economy? Fodd prices Dent U.S. growth

Posted by Cheapsuits 1305 days ago (http://www.reuters.com)
Category: Economy | Tags: economy food prices slowdown
Inflation ate deeply into U.S. consumer spending in the third quarter, doing more harm to the economy than either slumping car sales or housing, but [...] read more »
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GM, Chrysler merger on hold as aid hopes fade: sources

Posted by Cheapsuits 1305 days ago (http://www.reuters.com)
Category: Stocks | Tags: chrysler gm merger talks
A deal to merge General Motors Corp and Chrysler LLC has hit an impasse after the Bush administration ruled out funding for it, three people with d[...] read more »
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Feds probe Countrywide's 'VIP' program

Posted by Cheapsuits 1305 days ago (http://deepbackground.msnbc.msn.com)
Category: Economy | Tags: countrywide investigation vip loans
The wide-ranging criminal investigation into wrongdoing at Countrywide - once the nation's largest mortgage originator - now includes serious scruti[...] read more »
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CVS slashes generic drug costs, escalates price war

Posted by Cheapsuits 1305 days ago (http://www.latimes.com)
Category: Economy | Tags: cvs drugs prescritions price war
Using the products as loss leaders, the drugstore giant will sell 90-day supplies of more than 400 medications for $9.99 and offer discounts for cash[...] read more »
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Toyota says it will reopen US plants to ship to Mideast

Posted by Cheapsuits 1305 days ago (http://afp.google.com)
Category: Stocks | Tags: exports mideast toyota
Japan's Toyota Motor Corp. said on Friday it would reopen three US factories after a three-month suspension due to falling US demand, using them to [...] read more »
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Banks Owe Executives Billions In Compensation, Report Says

Posted by Cheapsuits 1305 days ago (http://dealbook.blogs.nytimes.com)
Category: Economy | Tags: banks bonuses compensation
Troubled financial giants getting cash infusions from the U.S. Federal Reserve owe their executives more than $40 billion for past year’s pay and pen[...] read more »
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Google and Yahoo May Walk Away from Deal, Report Says

Posted by Cheapsuits 1305 days ago (http://dealbook.blogs.nytimes.com)
Category: Stocks | Tags: goog google yahoo yhoo
Google and Yahoo could announce a decision to walk away from their search deal by the middle of next week, The Wall Street Journal reported on Thursd[...] read more »
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Some Banks May Tell U.S. to Keep Bailout Cash

Posted by Cheapsuits 1305 days ago (http://dealbook.blogs.nytimes.com)
Category: Economy | Tags: bailout banks cash treasury
The American Bankers Association complained on Thursday that bankers around the country were “extremely upset” about how the Treasury Department was [...] read more »
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A Rate of Zero Percent From the Fed? Some Analysts Say It Could Be Coming

Posted by Cheapsuits 1306 days ago (http://www.nytimes.com)
Category: Economy | Tags: interest rates zero
Zero percent interest rates! It sounds like free money, or maybe a promotional deal from General Motors to get people to buy Hummers. Are zero rates [...] read more »
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AmEx to Eliminate 7,000 Jobs

Posted by Cheapsuits 1306 days ago (http://online.wsj.com)
Category: Stocks | Tags: axp jobs
American Express Co. will cut nearly 10% of its work force as part of a cost-cutting effort that the credit-card company hopes will generate $1.8 bil[...] read more »
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Evil Ben Bernanke Halloween Masks Sell Out!

Posted by Cheapsuits 1306 days ago, popular 1305 days ago (http://www.cnbc.com)
Category: Economy | Tags: bernanke halloweenm
More Americans are showing an entrepreneurial spirit in the face of crisis! BenandHank.com are selling "Evil Ben" and "Evil Hank" masks for Hallo[...] read more »
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Continuing Saga of Volkswagen

Posted by Cheapsuits 1306 days ago (http://www.fundmymutualfund.com)
Category: Stocks | Tags: short squeeze volkswagon vw
We are obviously not involved with this "greatest short squeeze in history" as Volkswagen is on a German exchange and I wouldn't touch something t[...] read more »
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Beauty salons out of style as clients cut hair budgets

Posted by Cheapsuits 1306 days ago (http://www.latimes.com)
Category: Personal Finance | Tags: budget haircuts
Consumers are slashing their budgets by skipping visits to upscale hair salons and opting for inexpensive stylists. Some are getting haircuts less of[...] read more »
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Why Democrats Will Target the Investor Class in 2009

Posted by Cheapsuits 1306 days ago (http://www.usnews.com)
Category: Personal Finance | Tags: democrats republicans stocks
There are at least two pretty effective ways to turn someone into a Republican: (1) get them married with kids and (2) get them to invest in the stoc[...] read more »
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