Headlines for today – Oct. 26, 2010


by Saxplayer00o1

Currency war” may lead to a second round of crisis: Thai economist

Pimco’s El-Erian Says Fed Easing to Spur Inflation

Greece Likely to Default Within Three Years, El-Erian Says

US Declines in Corruption Ranking as Crisis Hits Confidence

Japan approves extra budget for stimulus

Bernanke Asset Purchases Risk Unleashing 1970s Inflation Genie

Shrinking Bank Revenue Signals Dawn of ‘Worst’ Decade of Growth

Dudley Says Fed Members `Owe’ Action to Millions of Unemployed Americans

Report: Treasury’s AIG bailout loss estimate is too optimistic and Treasury Hid AIG Loss, Report Says and Watchdog: Funny math used on AIG bailout

States Face Budget Holes If US Capital-Gains Tax Doesn’t Rise



Moody’s to End Hungary Rating Review Next Month, May Downgrade

Hungary Passes Bill To Withhold Private Pension Fund Payments

New York’s MTA Would Pay $606 Million to Unwind Swaps

Anglo Irish Debt Offer May Trigger Payouts on $420 Million Swaps, BNP Says

Federal Reserve leader warns of future downturn

Schools face funding riddle with new state budget (California)

Study: 4 Bay Area counties in pension predicament (California… news video)

37 Kids Per Class, Bells That Don’t Ring: Illinois Students Experience Budget Problems Up Close

Madison School Board OKs budget with $170 tax hike for average home

U.S. home prices drop 0.2% in August

Consumers Issue a Cautious Christmas Spending Forecast (Gallup poll)

Retirement Benefits for Public School and State Employees Significantly Above Those in Michigan’s Private Sector, According to New Mackinac Center Study




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