While you were driving to work . . .

Tuesday, February 19, 2008 | 09:00 AM

Here's some of today's more surprising headlines:

Credit Suisse Writes Off $2.85 Billion (NYT)

China's inflation hits 11-year peak (Reuters)

Fidel Castro Resigns as Cuba’s President (NYT)
(Does this mean I can get Cuban cigars at reasonable prices?)

Wal-Mart Net Rises 4%; Annual Earnings Forecast is Below Analyst Estimates (Bloomberg)

Pakistan Opposition Leads as Voters Reject Musharraf (Bloomberg)

•  Ambac Hopes Capital Infusion Will Save Rating (WSJ)


And my favorite pair, pulled off of CNN/Money's home page:

Paulson, Bernanke: No '08 recession   


Greenspan: Recession chances high 

Tuesday, February 19, 2008 | 09:00 AM | Permalink | Comments (24) | TrackBack (1)
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» Castro Hands Off Power; What's Next? from Unpartisan.com Political News and Blog Aggregator
Everyone has an opinion on Fidel Castro's resignation, from the streets of Miami to the presidential [Read More]

Tracked on Feb 20, 2008 8:11:41 AM


And the California Legislature is holding hearings on "the growing life settlement market".

(Article at signonsandiego.com)

LIFE INSURANCE – On Wednesday, the Senate Banking, Finance and Insurance Committee will examine the growing life settlement market, which involves the sale of life insurance policies from the original buyer to a new beneficiary for more than the cash value offered by the insurance company.

Among other things, the committee wants to know if senior citizens, who are the primary targets of life settlement investors, are getting raw deals when they sell their life insurance. The committee's chairman, Sen. Mike Machado, D-Linden, is drafting legislation to regulate the market.

Posted by: zero529 | Feb 19, 2008 9:25:42 AM

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