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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (19938)	10/13/2004 10:09:34 PM
From: TH	Respond to of 110194

Interesting, and terrible of course. This information fits well with the "leaked" Pentagon report that was reported in the UK Guardian last Feb. Good Trading TH

To: russwinter who wrote (19938)	10/14/2004 2:02:33 AM
From: ild	Read Replies (2) \| Respond to of 110194

A knot of massive cargo ships is snarling the two busiest U.S. ports, causing a scramble among manufacturers and retailers counting on the on-time delivery of goods for Christmas. At the ports of Los Angeles and Long Beach, dozens of container ships are stuck waiting at anchor or in a berth at any given time because there aren't enough dockworkers to unload them. The backups, worsened by record shipping volumes as the economy gains more traction, are adding as much as a week to the typical vessel's monthlong journey from Asia to its final destination in the U.S. The two California ports are a vital cog in the U.S. economy, handling more than 40% of the cargo-carrying steel containers shipped into the U.S. and about two-thirds of imports from Asia. more... online.wsj.com FASB, in Stock-Options Battle, Says Companies Will Receive Six Additional Months to Adapt Bowing to pressure from securities regulators and corporate executives, the organization that sets the nation's accounting standards announced a six-month delay in its long-awaited plan to require companies to treat employee stock-option compensation as an expense that counts against earnings. Under yesterday's decision by the Financial Accounting Standards Board, based in Norwalk, Conn., mandatory expensing of stock-option pay would begin during the third quarter of 2005 for companies with calendar fiscal years, rather than the first quarter as the board originally had proposed in March. more... online.wsj.com Some large employers will have greater flexibility in how they cut retiree health-care costs starting Jan. 1, thanks to a provision in the new corporate-tax bill. And the change could affect health benefits for more retirees. more... online.wsj.com