Friday, August 14, 2009

Friday morning

AlphaNinja - Stocks about to open just slightly negative. Not much news this morning, and stocks appear poised to finish with a fifth straight week of gains.

Usually he does the harassing, but now Icahn finds himself on the receiving end of shareholder complaints

Something like 150 publicly traded banks are near the "danger zone" in terms of nonperforming loans.
"More than 150 publicly traded U.S. lenders own nonperforming loans that equal 5 percent or more of their holdings, a level that former regulators say can wipe out a bank’s equity and threaten its survival."

Walmart finds success abroad by tailoring inventories to local tastes

Once a great growth story, Colonial BancGroup may be the largest bank failure of the year

Who knew? GM had a group of very highly-paid traders.

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