Frontrunning: September 3

  • U.S. retailers report weak sales (WSJ)
  • Weil: Investors find love in $260 billion black hole (Bloomberg)
  • Reilly: Banks need to end $1 trillion kick the can game (Bloomberg)
  • Ratings firms lose free-speech bid to dismiss lawsuit (Bloomberg)
  • Jobless claims higher than expected (Bloomberg)
  • OECD joins the green shoots bandwagon, just 4 months behind the curve (AP)
  • The driller merger rumors resume: Seadrill now expected to go after Pride (Bloomberg)
  • Hotels going for 68% off (WSJ)
  • Glickmans dump Corus shares with bank on the brink (Chicago Business, h/t ACP)
  • Regulators and bankers must share the blame (FT)
  • Greek stocks post world's largest drop on call for elections (Bloomberg)
  • EU antitrust probe to delay Oracle acquisition of Sun (Bloomberg)
  • ECB stands pat on rates (NYT)
  • Huge DPJ victory leaves economic policy unclear (Morgan Stanley)
  • Recent forecasts of government debt (Cleveland Fed)


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