Page A1: Moves cap a momentous weekend for American Finance: Bank of America has long coveted Merrill Lynch- Wall Street executives said the Federal Reserve may have been involved in orchestrating the sale for $50 billion.
Page A14: Duke University Fuqua School of Business is making a significant global investment to reshape graduate management education in Shanghai as a new form of business school uniquely relevant to the 21st century. I compared notes with Juanita Kreps,Professor of Economics at Duke University in "Work and Study Cycle Theory" Cf.www.Ask.com online book catalog for reference. US-China economic relations are cited in the conclusion. Published in 1978 with a vision.
New York Times, Sept. 15, 2008 page A1:
Stunning Fall for Main Street's brokerage firm: Merrill Lynch, which has lost more than $45 billion on its mortgage investments, agreed to sell itself to Bank of America for $50.3 billion in stock. The merger would combine Bank of America'sbanking and lending strength with Merrill Lynch's wealth management expertise.
Page B1,B6: Three Generations of China's Women find voice in opera. The Bonesetter's Daughter: Zheng Cao and Qian Yi in San Francisco Opera Production, based on the Amy Tan novel.
Page C1: A frantic weekend that Wall Street won't forget: Fear and greed are the stuff that Wall Street is made of. Impact on China with rate cut at PBC,the central bank of China to be possibly followed by US FED rate cut in the near future.
Page C3: Download the textbook: Keys for Economic Understanding: www.Amazon.com
Page C4: China's media mogul tutored by Masters of Hollywood. I taught Economics in Hollywood,Los Angeles, California from 1958-1961.
Francis Shieh a.k.a. Xie Shihao. Sept. 15,2008 at 3.28 p.m.
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