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Banks may get accounting break
Read full story for latest details.
Publ.Date: Fri, 10 Oct 2008 14:42:08 EDT
Source: CNN.com

Dollar climbs on global market rout
The dollar rose against the euro and the pound Friday, with the British currency falling to its lowest level in five years as global markets remain shaky.
Publ.Date: Fri, 10 Oct 2008 16:54:12 EDT
Source: CNN.com

U.S. planning to buy bank stocks
Treasury Secretary Henry Paulson said on Friday that the U.S. government was working on a plan to buy stock in financial institutions by using part of the $700 billion authorized by Congress to stabilize banks.
Publ.Date: Fri, 10 Oct 2008 20:30:32 EDT
Source: CNN.com

Why GE's in trouble
When Warren Buffett went to bed at his Omaha home on the evening of Tuesday, Sept. 30, he asked his wife, Astrid, to wake him in the morning at 6:55 a.m. He had an important call coming in. By 7:30 the call was over. Buffett walked into the kitchen, still wearing an old robe he likes, and announced to a breakfast visitor that he had agreed to send General Electric $3 billion of Berkshire Hathaway money in return for a new issue of preferred stock and warrants allowing Berkshire to buy an equal amount of common stock over the next five years.
Publ.Date: Fri, 10 Oct 2008 16:33:55 EDT
Source: CNN.com

Morgan Stanley shares plummet
Read full story for latest details.
Publ.Date: Fri, 10 Oct 2008 14:45:48 EDT
Source: CNN.com

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