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Bad Paper

A financial chronicle of the times we live in.
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Rally may have legs, but beware of Scrooge

Dec 5, 2009
NEW YORK (Reuters) – If the bulls have their way, Wall Street’s rally will keep going next week on signs of stability in the labor market. But concerns about penny-pinching consumers during the holiday shopping season and the specter of higher interest...

Japan to give JAL $7.7 billion loan guarantee: report

Dec 5, 2009
TOKYO (Reuters) – Japan’s government plans to guarantee about 700 billion yen ($7.7 billion) in loans and other funds provided by financial institutions to keep Japan Airlines Corp. afloat, the Nikkei business daily reported. addthis_url =...

Rally may have legs, but beware of Scrooge

Dec 5, 2009
NEW YORK (Reuters) – If the bulls have their way, Wall Street’s rally will keep going next week on signs of stability in the labor market. But concerns about penny-pinching consumers during the holiday shopping season and the specter of higher interest...

GM exec expects Germany to contribute Opel aid

Dec 5, 2009
FRANKFURT (Reuters) – General Motors will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the U.S. carmaker said it remains confident Berlin will soften its current stance. addthis_url =...

Britain pulls the plug on its UFO hotline

Dec 4, 2009
LONDON (AP) — Britain’s military has closed a hotline that took reports of unidentified flying objects, or UFOs, after determining that the money is better spent in Afghanistan…. addthis_url =...


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