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Early February 26 Headlines

Submitted by Tyler Durden on 02/26/2009 14:16 -0400

Durable Goods: -5.2% vs -2.5% consensus, Jobless Claims: 667k vs 625k; Continuing: 5112k vs 5025k
More black hole... er bank rescue funds allocated as budget deficit hits $1.75 trillion (WSJ)
John Paulson "bearish on economy, bullish on opportunities ahead" (Bloomberg)
Shocker: GM posts $9.6 billion loss as sinking sales outweigh government benefit (WSJ)
Sears profit down 55% after holiday sales plunge (Bloomberg)
What Ken Lewis should expect in his interrogation today, from an insider's perspective (Clusterstock)
Revolt at UBS: CEO Marcel Rohner replaced with Oswald Gurebel (FT)
Banrey Frank alert: Bank of America sponsoring The Scream (AIC)