Video: Barclays’s Sofat Says Indonesia to Raise Rates by 2011: Video

by admin on September 3, 2010

Sept. 3 (Bloomberg) — Prakriti Sofat, an economist at Barclays Capital in Singapore, talks about the outlook for Indonesia’s economy and central bank monetary policy.¶ Bank Indonesia may keep its benchmark interest rate at 6.5 percent when policy makers meet today, according to all but one of 17 economists surveyed by Bloomberg. Sofat, who also discusses Indonesia’s bond market, talks with Rishaad Salamat on Bloomberg Television

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Video: Barclays’s Sofat Says Indonesia to Raise Rates by 2011: Video

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Megabanks Will Shrink, Bernanke Tells Financial Crisis Commission, Yet Doubts Over Too Big To Fail Remain

by admin on September 3, 2010

In one of his most definitive statements on the subject to date, the nation’s central banker said Thursday that he expects some of the nation’s megabanks to start getting smaller. “The most important lesson of this crisis is we have to end Too Big To Fail,” Federal Reserve Chairman Ben Bernanke testified before the Financial Crisis Inquiry Commission. “My projection is that, even without direct intervention by the government, that over time we’re going to see some breakups and some reduction in size and complexity of some of these firms as they respond to the incentives created by market pressures, and regulatory pressures as well.” Throughout the legislative slog toward financial reform, Bernanke — like the Obama administration — resisted congressional efforts to break up the handful of too-big-to-fail firms that dominate the financial system.

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Megabanks Will Shrink, Bernanke Tells Financial Crisis Commission, Yet Doubts Over Too Big To Fail Remain

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Employers Pushing Health Care Cost Increases Onto Workers, Report Shows

September 3, 2010

As employers struggle with rising healthcare costs and a sour economy, U.S. workers for the first time in at least a decade are being asked to shoulder the entire increase in the cost of health benefits on their own.

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Video: Pangestu Says Indonesia Can Maintain Inflation Target: Video

September 3, 2010

Sept. 3 (Bloomberg) — Indonesian Trade Minister Mari Pangestu talks about the outlook for the nation’s economy.

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Video: Westpac’s Shugg Expects `Disappointing’ U.S. Payrolls: Video

September 3, 2010

Sept.

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Video: Locke Says U.S. Doesn’t Want Trade Wars, Protectionism: Video

September 3, 2010

Sept.

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Goldman’s For-Profit Colleges Battle Obama Crackdown

September 3, 2010

It’s a classic move by an industry player feeling the squeeze of pending regulation: Hire a lobbying firm to create the appearance of widespread opposition via a carefully stage-managed astroturf campaign. One of the latest outfits to give this strategy a try: Education Management Corporation (EDMC), a multibillion-dollar heavyweight in the for-profit higher education industry that’s the subject of multiple lawsuits and ample criticism from investors, lawmakers, and government officials who accuse the company of a range of deceptive business practices. The company, whose majority stockholder is Goldman Sachs, recently hired a GOP-linked lobbying shop known for its astroturfing prowess to fight a proposed federal rule that has the entire industry fretting about its future

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Video: Kumar Says HP’s Offer for 3Par `Extremely Expensive’: Video

September 3, 2010

Sept. 3 (Bloomberg) — Ashok Kumar, senior technology analyst at Rodman & Renshaw LLC in New York, talks about Hewlett-Packard Co.’s agreement to buy 3Par Inc. Hewlett-Packard offered to buy 3Par for $2.35 billion, ending an 18-day bidding war with Dell Inc

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Video: Twitter’s Costolo Discusses Strategy, `Promoted Tweets’: Video

September 2, 2010

Sept.

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Les Ross Joins Wholesale Trading Co-Op as Managing Partner

September 2, 2010

Here is a good post from %sourceexcerpt% More here: Les Ross Joins Wholesale Trading Co-Op as Managing Partner Industry-News.org finds the best stories around the globe and distributes them to our readers. Most articles are published by third parties and these links will take you to other websites.

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