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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (145775)9/11/2008 12:49:50 PM
From: Peter VRead Replies (3) | Respond to of 306849
 
Wall Street turns higher as financials trim losses

Thursday September 11, 12:16 pm ET

NEW YORK (Reuters) - Stocks turned higher on Thursday as battered financial shares trimmed losses as investors bet that authorities might work out a plan to stabilize embattled investment bank Lehman Brothers (NYSE:LEH - News).

Earlier on Thursday the U.S. Treasury Department, asked about the steep drop in Lehman's stock, said it was continuing to monitor markets and was keeping in touch with market participants.


AWESOME!!! More govt. bailouts of WS IBs! I hope they spend ALL of my taxes on bailing out these assholes!

CNBC television reported on Thursday that Lehman Chief Executive Richard Fuld was "actively shopping" the investment bank and would mull the sale of 100 percent of its asset management unit Neuberger Berman. (ID:nWEN7948)

The Dow Jones industrial average (DJI:^DJI - News) was up 2.04 points, or 0.02 percent, at 11,270.96. The Standard & Poor's 500 Index (^SPX - News) was up 2.72 points, or 0.22 percent, at 1,234.76. The Nasdaq Composite Index (Nasdaq:^IXIC - News) was up 10.64 points, or 0.48 percent, at 2,239.34



To: Peter V who wrote (145775)9/11/2008 1:17:13 PM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
Remember, on WS the headlines are tailored for the moment.
They have to pretend they might actually know why the mkt is up or down, otherwise they'd still be grafittiing(see note) on bathroom walls to kill time

While looking up the correct spelling of "grafitting"- there is none- I found this. And history was born.
--
Graffiti as an element of hip hop
In America around the late 1960s, graffiti was used as a form of expression by political activists, and also by gangs such as the Savage Skulls, La Familia, and Savage Nomads to mark territory. Towards the end of the 1960s, the signatures—tags—of Philadelphia graffiti writers Top Cat, Cool Earl and Cornbread started to appear.