Archive - Sep 18, 2009

Total Federal Reserve balance sheet assets for the week of September 16 of $2,101 billion ($30.7 billion higher compared to the prior week's $2,071 bn), just $73 billion shy of the all time high of $2,174 billion recorded on April 22.

• Reviews of Ron Paul's "End The Fed" (Mises Institute)
• SEC's new rating agency rules (SEC, and AP)
• Pandit says Phibro will be restructured (Bloomberg)
• New York unemployment hits 10.3% (NYT)
• Hedge Funds' ATM moves from Tokyo to Washington (Bloomberg)
• Wall Street's biggest con is M&A "Advice" (WSJ)

• Asian stocks fall as consumer finance firm Aiful seeks debt delay, Hong Kong warns of bank risks.
• EU officials press Obama on capping bank bonuses, tougher climate change.
• Euro-zone's surplus in its trade with the rest of the world hit a 7-year high in July.
• For the first time in nearly 2 years, American households grew a little wealthier in Q2.
• Hong Kong’s central bank warns lenders against mortgage-rate reductions.
• Housing starts rose 1.5% in August as apartment construction rebounded.
• Mortgage rates in US decline for third week, reaching 5.04%.