Posted by e-dollars team on 03 10th, 2010

Posted by olal28 on Apr 3, 2010 ATLANTIC CITY, N.J. – Carl Icahn has bought the remaining half of the $500 million mortgage on the three Trump Entertainment Resorts casinos he’s trying to buy out of bankruptcy. He also won a $10 million interest payment in the transaction. The billionaire investor, who previously owned 51 percent of the mortgage issued by Dallas-based Beal Bank, agreed last week to buy...

Posted by olal28 on Apr 3, 2010 LONDON (AFP) – FTSE 100 shares were firmer at the end of trade on Thursday as commodity prices surged. London’s benchmark index was up 1.15 percent to close at 5,744.89 points. Lloyds Banking Group (LBG) was the most traded stock, seeing 157 million units change hands, followed by Vodafone, which saw 137 million shares switch owners. The day’s top performer was...

Posted by olal28 on Mar 30, 2010 TOKYO – Cautious Japanese companies laid off more workers and hit the brakes on production in February, sending factory output down for the first time in a year. Industrial production in the world’s second-biggest economy retreated 0.9 percent from January, following 11 consecutive months of gains, the government said Tuesday. The result missed Kyodo News agency’s...

Posted by olal28 on Mar 30, 2010 ATHENS, Greece – Greece raised euro5 billion ($6.74 billion) Monday with a seven-year bond issue, in a crucial first borrowing test after the eurozone unveiled a rescue last week to help Athens cope with its acute debt crisis. But the government’s borrowing costs remain higher than it wants. A statement from the government’s Public Debt Management Agency said the...

Posted by olal28 on Mar 30, 2010 SINGAPORE – Oil prices were steady above $82 a barrel Tuesday in Asia, pausing after a leap the previous day fueled by a U.S. dollar drop and surging equity markets. Benchmark crude for May delivery was up 6 cents to $82.23 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract jumped $2.17 to settle at $82.17 on Tuesday. Crude...

Posted by posludioss_69 on Mar 29, 2010 Congress passed a bill permitting the US government to take over the health sector…about 17% of US GDP. Let’s see. The feds don’t have any money, right? They’ve got the biggest deficits ever, and will have to borrow $2.4 trillion this year just to keep the lights on. And now comes news that Social Security has gone into deficit for the first time ever…and 7 years ahead of...