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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: tradermike_1999 who wrote (8864)9/12/2001 9:46:57 PM
From: American Spirit  Read Replies (1) | Respond to of 74559
 
Corporate America Helps Relief Efforts
SAN FRANCISCO (Reuters) - While individuals stood in line to give blood, corporate America lined up with cash to help in the rescue and relief efforts at the World Trade Center and the Pentagon (news - web sites) -- including $10 million from General Electric Co. (NYSE:GE - news)

The two landmarks were slammed by hijacked commercial airliners on Tuesday, causing what is believed to be thousands of deaths.

To help, companies offered their own money, and others said they will look to their customers to make donations as well. Some offered gear that was needed at the moment -- Motorola Inc. (NYSE:MOT - news) brought communications gear to the scene. A real estate trade group is even collecting to help affected families pay their bills.

GE offered the $10 million to New York Mayor Rudolph Giuliani (news - web sites) on Wednesday, to help the families of New York emergency workers who are presumed dead.

Internet networker Cisco Systems Inc. (Nasdaq:CSCO - news) said it will donate about $6 million in cash to select aid groups to support efforts in New York and at the Pentagon, the U.S. military's command center near Washington, D.C.

Other corporations offered their own funds and then looked to their own customers to contribute.

Financial services company Wells Fargo and Co. (NYSE:WFC - news) said it contributed $1 million to the Red Cross, and said a Wells Fargo-Red Cross account had been established to allow contributions at the more than 3,000 banking branches across the United States.

Deerfield, Ill.-based Drug store chain Walgreen Co. (NYSE:WAG - news), which gave the relief organization $25,000 in cash and $25,000 worth of merchandise, said it would start accepting cash from customers for the Red Cross on Thursday at its more than 3,500 stores.

SEPT 11 FUND ESTABLISHED

El Segundo, Calif.-based oil and gas company Unocal Corp. (NYSE:UCL - news) said it is donating $100,000 to support emergency efforts, through two campaigns.

It earmarked $50,000 for the Red Cross and $50,000 to the September 11th Fund, which has been set up by the United Way and the New York Community Trust to help victims and their families.

``The attacks on innocent American civilians and military personnel is a national tragedy,'' Charles Williamson, Unocal chief executive, said in a statement. ``By these donations, we hope to assist immediate efforts now under way to help our fellow citizens whose lives have been disrupted by these heinous acts.''

Clearwater, Fla.-based Software Shelf International Inc. said it is donating 10 percent of its profits from worldwide sales ``on a continuing basis'' to relief efforts in New York and Washington.

Motorola Inc. spokesman Scott Wyman told Reuters that the wireless equipment maker deployed crisis teams to assist authorities after Tuesday's attacks.

Wyman said that Motorola, based in the Chicago suburb of Schaumburg, Ill., has shipped thousands of mobile radios, batteries, base stations and other communications equipment to New York and Washington.

``All of our facilities, both manufacturing and distribution, worldwide are on what we are referring to as full alert and giving priority to public safety emergency orders,'' Wyman said.

Other help was offered to families, who still need to pay the bills amid the tragedy.

The National Association of Realtors said it established a fund to help pay the mortgage and rental costs of families affected by the terror attacks in New York City and on the Pentagon. The trade group will contribute $1 million and is urging realtors nationwide to contribute to the fund.



To: tradermike_1999 who wrote (8864)9/12/2001 9:47:58 PM
From: tradermike_1999  Read Replies (1) | Respond to of 74559
 
Thursday 13 September 9:14 AM

au.dailynews.yahoo.com

Bin Laden under house arrest: report
Afghanistan's ruling Taliban militia had placed alleged terrorist mastermind Osama bin Laden under house arrest in the wake of the suicide attacks on the United States, an Arabic online newspaper reported.

Quoting "fundamentalist Arab sources", Ilaf said the "Taliban have arrested Osama bin Laden before placing him under surveillance with several of his assistants," including the head of the Egyptian branch of Al-Jihad Ayman Al-Zawahri and bin Laden's military commander, Muhammad Atef Al-Makni.

"A number of Afghan fighters are under house arrest along with bin Laden," said the report late Wednesday.

But a diplomat at the Taliban's embassy in Abu Dhabi said he could not confirm the report.

"All we know is that he (bin Laden) is somewhere in Afghanistan, but we are not aware if he is under house arrest," the diplomat said.

Bin Laden and commander Atef have been indicted for the 1998 bombings of the US embassies in Kenya and Tanzania.

Bin Laden has emerged as the prime suspects in yesterday's kamikaze hijacked passenger jet strikes on New York and Washington.



To: tradermike_1999 who wrote (8864)9/12/2001 10:50:41 PM
From: XenaLives  Read Replies (3) | Respond to of 74559
 
You can e-mail to SI and they will retitle the thread.

I had a grammatical error in my thread title and they changed it. Perhaps you could change it to "2001 - after the collapse".



To: tradermike_1999 who wrote (8864)9/12/2001 11:37:22 PM
From: posthumousone  Read Replies (2) | Respond to of 74559
 
Wow if I put "American stock pump Spirit" on ignore, I have 60% less messages to wade thru

I wonder what the results would be to this question:

Who is the first person you put on 'ignore'



To: tradermike_1999 who wrote (8864)9/13/2001 7:46:46 AM
From: Monty Lenard  Respond to of 74559
 
TM, nothing wrong with the thread title. This is total BS by people who have nothing better to do. If they don't like the thread title they can go elsewhere or turn the computer off. This is just the kind of MEANINGLESS crap the terrorists want us to focus on. The same way a pick pocket works.

What is offensive is what happened Tuesday not the title of a thread. They need to focus on what matters.

This collapse of the markets started long before the tragedy that took place Tuesday and it will not be changed because you change the title of this thread.

Total BS.

Monty