Worldwide
Bank of Japan's Loan Program May Resound More With Government Than Economy The Bank of Japan’s decision to
double the size of a liquidity program for banks may prove more
effective in placating the government than stemming deflation.
Bernanke Says Fed Shouldn't Be Relegated to `Too-Big-to-Fail' Regulator Federal Reserve Chairman Ben S.
Bernanke said the central bank shouldn’t be relegated to the
role of regulating only the largest financial firms, as proposed
by a draft bill in the Senate.
SLM Sells Debt at Higher Interest Rate Than Students Pay: Credit Markets SLM Corp., the largest U.S.
student-loan company, raised $1.5 billion in the bond market,
paying more than it charges some borrowers to begin addressing
$11 billion of bonds maturing through next year.
Stocks Climb, Sending Dow Average to 17-Month High, on Inflation Outlook Stocks rose, sending the Dow Jones
Industrial Average to a 17-month high, and commodities rallied
as a drop in U.S. producer prices underscored the Federal
Reserve’s assessment that inflation is not a threat to low
interest rates. The yen and the dollar weakened.
Germany Seeks IMF Role for Greece in Reversal, CDU Lawmaker Meister Says Greece should turn to the
International Monetary Fund if it needs aid, the chief finance
spokesman for German Chancellor Angela Merkel’s party said, in a
reversal that signals a rift with European leaders Jean-Claude
Trichet, Jean-Claude Juncker and Nicolas Sarkozy.
BRICs Rally Slows as Highest Valuations Since 1995 Undermine Record Flows The combination of record mutual
fund inflows and the fastest economic growth are failing to lift
shares in the largest developing nations with valuations at the
highest level versus advanced countries since at least 1995.
BTIG Hires Goldman's Jesse Lentchner to Drive Expansion in Asia-Pacific BTIG LLC hired Jesse H. Lentchner,
who spent more than a decade at Goldman Sachs Group Inc. in Asia,
as chief executive officer of its Asia-Pacific operations.
Obama Says Health-Care Plan Will Pass Congress as It's `Right Thing to Do' President Barack Obama said he’s
confident his health-care plan will pass Congress because it’s
“the right thing to do” for the country and that he isn’t
concerned about criticism of Democratic legislative tactics.
Clinton to Push Nuclear Arms-Control Treaty, Mideast Peace Talks in Moscow U.S. Secretary of State Hillary
Clinton will seek to speed up the signing of a new nuclear arms-
control treaty and discuss the Middle East peace process when
she arrives in Moscow today.
Al-Qaeda Operative Is Believed Dead After Missile Strike, Official Says An al-Qaeda trainer suspected of
having a role in a Dec. 30 suicide bombing that killed seven
Central Intelligence Agency operatives is believed to have been
killed in a U.S. missile strike last week, a U.S.
counterterrorism official said.
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