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DAS Sobel Remarks on the Global Financial Crisis and the IMF?s Response
Thank you for this opportunity to speak about the global financial crisis and the IMF's response.

Financial Winners & Losers: Wachovia
Goldman Sachs is the only major financial stock that didn't rise Tuesday.

Canada Stocks Fall, Led By Financial Shares; Manulife Retreats
Dec. 2 (Bloomberg) -- Canadian stocks dropped, adding to the worst sell-off in 21 years, on speculation the economic slowdown will crimp earnings at technology and financial firms.

Financial Stocks: Financials claw back some losses, Citi, banks rise
Shares of U.S. financial stocks rebound modestly from the group?s biggest-ever single-session percentage drop in the previous session as two of the nation's largest banks beef up their balance sheets wtih government-backed bond issues.

FDIC Chairman Sheila Bair says government's financial rescue plan needs 'exit strategy'
WASHINGTON - The head of the FDIC said Tuesday the government needs to devise an "exit strategy" for its massive financial rescue plan to avoid artificially propping up banks and other institutions over the long term.

InterDigital Announces Financial Guidance for Fourth Quarter 2008
InterDigital, Inc. (NASDAQ:IDCC) today announced financial guidance for fourth quarter 2008. InterDigital expects fourth quarter ...

Two Russian Soccer Teams Forced to Unite by Financial Turmoil
Dec. 2 (Bloomberg) -- Two teams in Russian soccer?s Premier League plan to unite to stay afloat as the country is buffeted by the worst financial crisis since the 1998 default.

Financial Times offers buyouts, freezes salaries
The Financial Times is offering buyouts and freezing salaries as its advertisers and customers deal with the financial crisis, according to a memo from the daily business newspaper's chief executive.

Financial Workers Ponder Career Change as Job Cuts Mount: Video
Dec. 1 (Bloomberg) -- Bloomberg's Abhik Sen reports on the impact of the credit crisis on jobs in the financial-services industry. Banks and securities firms have cut nearly 170,000 jobs in 2008. Job losses in the industry are likely to double by the end of next year, according to some forecasts.

Local outlook good for IT, financial workers
Demand is expected to be strong in the first quarter for both IT and financial workers in Denver, according to separate survey results released Tuesday by Robert Half International.

Fidelity National Information Services and Microsoft Offer MSN Money Financial News on Client Web Sites
Fidelity National Information Services and Microsoft Offer MSN Money Financial News on Client Web Sites

Business-Financial Emmys Awarded
At the National Academy of Television Arts & Sciences? 6th Annual Emmy Awards for Business and Financial Reporting, awards went to news divisions including CBS News and ABC News, as well as TV news stalwarts including Brian Ross and David Faber. Two awards each went to: ?ABC News, for a team story on the global food crisis for ?World News With Charles Gibson? and for a ?Nightline? investigation ...

Kingsway Financial sets date for special shareholders? meeting
Kingsway Financial Services Inc. has called a special shareholders? meeting to be held on Feb. 10, 2009, the specialty insurance company announced Tuesday.

Federal Reserve extends key programs to ease credit, financial stresses through April 30
WASHINGTON - The Federal Reserve is extending the life of key programs aimed at busting through credit clogs and restoring stability to financial markets.

Sector Wrap: Financial stocks rally
(AP:NEW YORK) Most financial stocks advanced Tuesday, buoyed by news that the Federal Reserve plans to extend the life of key programs aimed at loosening the credit markets.

Bailout package to have sops for realty, financial sectors
The much-awaited economic stimulus package is likely to be announced by Prime Minister Manmohan Singh on Monday. The comprehensive relief package will include incentives for the realty, financial services and export sector to help them tide over the current financial crisis.

South Korea and the global financial crisis
The Republic of Korea has recently taken proactive measures to cope up with the implications of American financial crisis, which has become global in nature.

Buffeted by financial crisis, countries seek euro's shelter
The deepest financial crisis since the Great Depression has prompted countries that had snubbed the euro to take a fresh look at the virtues of the common European currency.

Manulife Financial raising $2.125B with new shares; faces first quarterly loss
TORONTO - Manulife Financial Corp. (TSX:MFC) expects to report a $1.5-billion loss for the fourth quarter, the first time it has ever failed to

School board wants to know financial impact of requiring AP tests
Alamance-Burlington Board of Education members want more information on the likely financial impact of requiring high school students who take Advanced Placement courses to take the exams that can lead to college credit.

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