Next week has two major events on the economic calendar that stand to drive the market: the change in consumer prices and the Fed’s policy statement.
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Archive for December 14th, 2008
Coming Week: Another Rate Cut? (TheStreet.com)
Sunday, December 14th, 2008Siemens to Plead Guilty, Pay Fines (TheStreet.com)
Sunday, December 14th, 2008The German industrial conglomerate has reached a settlement with the U.S. Justice Department.
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New Mexico Sues Marathon Oil (TheStreet.com)
Sunday, December 14th, 2008The state alleges Marathon had thousands of air emissions violations at its Indian Basin plant.
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Regulators Close Banks in Georgia, Texas (TheStreet.com)
Sunday, December 14th, 2008Haven Trust Bank and Sanderson State Bank fail, but the FDIC arranges for other banks to acquire their deposits.
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Liberty Media Board Approves Spinoff (TheStreet.com)
Sunday, December 14th, 2008The company will spin off much of Liberty Entertainment, which holds a majority stake in DIRECTV.
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Report: Madoff Fooled Big Names (TheStreet.com)
Sunday, December 14th, 2008GMAC’s chairman and the owner of the Mets are among the victims of Madoff’s alleged fraud, The Wall Street Journal reports.
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