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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (78689)2/8/2007 10:08:32 AM
From: Mike Johnston  Read Replies (1) of 110194
 
Horrible news out today.

6 out of 9.
Morning's headlines from bloomberg:

-HSBC's Geoghegan to Shake Up Management, Policies to Resolve Bad Mortgages

-Stocks in U.S. Decline; Citigroup, JPMorgan Lead Financial Companies Lower

-U.S. Retailers' January Sales Climb on Gift-Card Spending, Colder Weather

-Kodak to Cut as Many as 5,000 More Jobs to Finish restructuring This Year

-Trichet Signals ECB Will Raise Key Rate in March to Stem Inflation Threat

-PepsiCo Profit Rises 61 Percent on Demand for Frito-Lay Snacks, Tax Gain

-Toll Brothers Revenue Declines 19 Percent as Customers Cancel Home Orders

-Iraq Car Bombings Kill 22, Wound More Than 60 Amid Baghdad Security Effort

-Iranian Leader Khamenei Warns U.S. That Any Attack Will Prompt Retaliation

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