Wells Fargo faces massive to-do list (The Charlotte Observer)
In its planned acquisition of Wachovia, Wells Fargo will have some big decisions to make on what operations to keep, expand, pare back or abandon altogether. Analysts have started to speculate that Wells could get rid of Wachovia's corporate and investment bank – an area that San Francisco-based Wells has long shunned. Others wondered what steps Wells will take to deal with the losses piling up ...
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Financial Sector Alerts Positioned Gradient Analytics Ahead of Pack (wallstreet:online AG)
As the U.S. Administration and Congress search desperately for solutions to the biggest financial
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The October Surprise - Global Panic (Baltimore Chronicle & Sentinel)
Since 9/11, the notion of an October surprise has been around. The idea going something like this. Another real or manufactured terror attack. The dominant media stokes fear. The public is again traumatized. The Bush administration pledges all effective measures to protect national security.
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Financial Sector Alerts Positioned Gradient Analytics Ahead of Pack (Business Wire via Yahoo! Finance)
SCOTTSDALE, Ariz.----As the U.S. Administration and Congress search desperately for solutions to the biggest financial crisis since the Great Depression, Gradient Analytics said today that the magnitude of the current crisis has been greatly intensified by lax accounting, weak governance, and poor oversight.
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Richardson earnings jump (Kane County Chronicle)
LAFOX – An upgrade to the wireless communications network in China has fueled a surge in revenue at a local manufacturer and distributor of electrical components.
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Erie County Real Estate Transactions (The Buffalo News)
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending August 29.
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GMAC Global Relocation Services Invites Companies Worldwide to Participate in Acclaimed Annual Survey (PR Newswire via Yahoo! Finance)
GMAC Global Relocation Services today invited companies worldwide to participate in its acclaimed annual "Global Relocation Trends Survey."
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The Auto Credit Crisis: It's Real (Muzi)
While Ed Wallace claims in his Oct. 8 column that there is no auto credit crisis (BusinessWeek.com, 10/7/08), I invite him to actually talk with any of the thousands of customers who couldn't secure adequate financing on a new vehicle purchase this past month.
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State Street Named to Dow Jones Sustainability Index for Third Consecutive Year (Centre Daily Times)
State Street Corporation, the world's leading provider of financial services to institutional investors, today announced that it has received several honors recognizing the company's commitment to corporate social responsibility and citizenship. For the third consecutive year, State Street qualified for both the World and North America Dow Jones Sustainability Indexes (DJSI). State Street was ...
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Brazil's Bovespa Falls, Caps Worst Week Since 1997; Bolsa Drops (Bloomberg)
Oct. 10 (Bloomberg) -- Brazilian stocks tumbled, sending the Bovespa Index to its biggest weekly decline since 1997, on concern the credit crisis will slow the country's expansion and a global recession will sap demand for raw materials.
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