Wednesday, May 6, 2009

Thursday's News - Citibank Thief, Stocks up, SunTrust Solid?

Thinking of taking that database to your new job?
Former Citibank employee fined S$130,000
http://www.channelnewsasia.com/stories/singaporelocalnews/view/427237/1/.html

Banks Rise in after-hours trading:
WFC $27.25; BAC $12.94; C $3.96; STI $19.75; FITB $5.42 (could have owned this for a buck!)

US Senate Passes Broad Banking, Housing Bill
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=200905061807dowjonesdjonline001034&title=2nd-update-us-senate-passes-broad-banking-housing-bill

Grading the Banks’ Stress Test
Good NYTs Article - Opinion
http://roomfordebate.blogs.nytimes.com/2009/05/06/grading-the-banks-stress-test/?hp

Monster Rally In Asian Markets
http://www.forbes.com/2009/05/07/briefing-asia-closing-markets-equity-banks.html

Lehman Bosses Walk, While Small Fry Walk Plank: Jonathan Weil
http://www.bloomberg.com/apps/news?pid=20601039&sid=aVRIgJ_Bry5w&refer=home

SunTrust is sold on 'solid' as style for life, economics
I guess we'll see how "solid" they are later today!
http://www.commercialappeal.com/news/2009/may/05/suntrust-is-sold-on-solid-as-life-fiscal-style/

Guaranty Bank unit closing costs 62 jobs
http://www.bizjournals.com/milwaukee/stories/2009/05/04/daily31.html

Sovereign Bank lays off 32 more in R.I.
http://www.pbn.com/detail/42053.html

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