Archive for May 31st, 2009

We are merely hours away from the end of an American icon.

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General Motors Is Expected to Declare Bankruptcy Within Hours (source: About)

News at a Glance End of an Era: General Motors files for Chapter 11. Data Surprise: Income, constructrion surprise in April. Traders Cheer: Indexes jump on GM news, data

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Dow Surges Over 2%, Now Over 8700 Level (Market Update) (source: Smart Money)

In the mundane but increasingly important world of bond ratings, it’s getting lonely at the top as the ranks of AAA-rated companies dwindles to a handful. But bond buyers don’t have to sit on the sidelines—as long as they’re willing to invest in bond… (source: Smart Money) – RSS and News widget on Feedzilla.com

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A New Way to Play Corporate Bonds (source: Smart Money)

The global economic downturn has claimed many victims. On Monday, General Motors (GM) became the latest company to file for bankruptcy protection. It marks the fall of a century-old American icon

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7 Big Bankruptcies That Rocked the Markets (On the Street) (source: Smart Money)