Links and Reading for January 26th
January 26, 2010 9:00 pm
Some of the more interesting and important items for January 26th :
- Freddie Mac May Consider Financing Stuytown Purchase – Jan. 26 (Bloomberg) — Freddie Mac, the U.S.-backed mortgage buyer that is a creditor of Stuyvesant Town-Peter Cooper Village, would consider providing financing to an eventual buyer of the Manhattan apartment complex, according to a person familiar with the matter.
- Berkshire Hathaway to join S&P 500, shares soar – Nice move that 30 to 1 reverse split
- Bernanke Rounds Up Senate Confirmation Votes With Phone Calls – Forty-nine senators have said they would vote for the 56- year-old Fed chief or were inclined to support him, while 20 were opposed. Republicans were split 13-13 on a second term for Bernanke, while Democrats favored the Fed chief by a 35-6 margin, according to a count by Bloomberg News. Thirty-one senators were undecided or declined to comment.
- S&P, Moody’s Win Dismissal of Claims in Mortgage Suit – Standard & Poor’s and Moody’s Corp. won dismissal of a lawsuit seeking to hold them responsible for defrauding investors who bought about $100 billion of mortgage- backed securities.
- Geithner – Thrown Under the Bus (But Goldman Job Awaits) – Can Geithner be the fall guy for the Mass upset?
- South Korea’s Economic Growth Slowed in Quarter – Not Encouraging
- Amgen 2010 forecast shows potential upside – Not so fast, they missed considerably fellas.
- Home sales plunge; worst dip in 40 years – Nasty…