Preliminary Analytics | 10.30.09

Thumbnail image for buffet-and-blankfein.jpgGoldman, CIT Reach Deal to Keep Smaller Credit Facility Open – Not as much as they wanted but we’re not talking about a company with a lot of options here. [Bloomberg]
White House: Data Likely to Credit Stimulus for 650,000 Jobs – In what appears to be the debunking of the Associated Press’ debunking of the WH data, the administration is claiming that the stimulus has nearly created the 1 million jobs the bill promised. [WSJ]
Wal-Mart starts selling coffins – The most modestly priced receptacle is $895. [BBC]
Galleon fears raised in 2001 – A JP Morgan analyst thought something was fishy with Raj and his “cohorts” and recommend that the bank’s alternative asset management unit should “reduce their allocation” to the fund. Apparently a trophy may have been at stake. [FT]
Stanford Receiver Hopes to Recoup $1.5 Billion – “Court-appointed receiver Ralph Janvey filed a report in federal court in Dallas late Wednesday outlining his plan to go after the $1.5 billion and provide allegedly defrauded Stanford investors a return of as much as 20 cents on the dollar.” [AP via NYT]

Thumbnail image for buffet-and-blankfein.jpgGoldman, CIT Reach Deal to Keep Smaller Credit Facility Open – Not as much as they wanted but we’re not talking about a company with a lot of options here. [Bloomberg]
White House: Data Likely to Credit Stimulus for 650,000 Jobs – In what appears to be the debunking of the Associated Press’ debunking of the WH data, the administration is claiming that the stimulus has nearly created the 1 million jobs the bill promised. [WSJ]
Wal-Mart starts selling coffins – The most modestly priced receptacle is $895. [BBC]
Galleon fears raised in 2001 – A JP Morgan analyst thought something was fishy with Raj and his “cohorts” and recommend that the bank’s alternative asset management unit should “reduce their allocation” to the fund. Apparently a trophy may have been at stake. [FT]
Stanford Receiver Hopes to Recoup $1.5 Billion – “Court-appointed receiver Ralph Janvey filed a report in federal court in Dallas late Wednesday outlining his plan to go after the $1.5 billion and provide allegedly defrauded Stanford investors a return of as much as 20 cents on the dollar.” [AP via NYT]

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