A fellow blogger wrote a fantastic post today on “October a cruel month for markets”
Here’s ONLY a quick extract
October has confirmed its reputation as one of the most punishing months for investors, with stocks suffering their worst monthly losses in 21 years in the US and their weakest ever in Japan

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “Chastened Baugur hopes to navigate debt crisis”
Here’s ONLY a quick extract
Champagne flowed on Thursday at the new Westfield shopping centre in west London. Amid the crowds at the House of Fraser store were two men with something to prove

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “Weaker pound provides crumb of comfort for investors”
Here’s ONLY a quick extract
The UK has very significant revenues coming from the US – indeed, 40 per cent of FTSE 100 revenues are priced in dollars

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “Regulators ‘hopeful’ on derivatives clearing plan”
Here’s ONLY a quick extract
US regulators are ‘hopeful’ that at least one of the groups vying to provide centralised clearing for the thus-far unregulated credit derivatives market will begin operations before the year-end

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “NYSE Euronext set to cut European workforce”
Here’s ONLY a quick extract
NYSE Euronext, the transatlantic exchange group, said it would cut 15 per cent of its workforce in Europe next year due to increased competitive pressure amid the proliferation of alternative trading venues

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “Friends Provident ditches plan to sell Lombard”
Here’s ONLY a quick extract
The insurer will keep Lombard, its European wealth management arm, after no agreement was reached with buyers for the business, but is continuing with plans to shed its controlling interest in asset manager F&C

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “Asian shares decline amid profit warnings”
Here’s ONLY a quick extract
Japanese shares lost ground on Friday after the Bank of Japan cut interest rates by less than the market was anticipating while markets elsewhere in Asia-Pacific were lower as traders cashed in their profits

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “AIG raises funds from new Fed facility”
Here’s ONLY a quick extract
AIG has raised funds from a new Federal Reserve lending facility to repay part of a $123bn Fed loan that is keeping the stricken US insurer alive, in a move that could deepen the political backlash over its use of taxpayers’ money

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “Standard Life suffers fall in UK sales”
Here’s ONLY a quick extract
A fall in Standard Life’s domestic market sales has shifted concern from the impact of the financial crisis on insurers’ balance sheets, to its effect on savers’ appetites for their products

To view the rest of this excellent post, you MUST go here

A fellow blogger wrote a fantastic post today on “Hartford plunges on big loss”
Here’s ONLY a quick extract
Shares of Hartford Financial Services Group fell almost 50 per cent after the US property and life insurer reported a surprisingly big loss in the third-quarter, heightening concern it may need to raise even more capital

To view the rest of this excellent post, you MUST go here