Political heat sears AIG: Obama vows to block bonuses, but it may be too late; firm pressured to repay US. That is not feasible as per the statement by Attorney General of New York State radio broadcast on March 17, 2009 around noon.
Page C5: Evercore, Citic Securities put China M&A in sights:-
Shanghai- China brokerage firm Citic said it has formd a partnership with US boutique investment fund Evercore Partner Inc. that will advise on cross-border merger and acquisition transactions between China and the rest of the world.
Page C8: Foreign capital flees te US; outflow hits record $148.9 billion as China reloads i.e. continued to add to its stockpile of US government debt.
Dumping Treasurys would hurt both the US and China. Were China to sell a substantial amount, bond yields would jump, while Treasury prices and the value of the US$ would plunge. No move by China to unload Treasury holdings would be desirable for both USA and China.
Page 6D: Most workers who have a degree from Community College can earn more than a person after high school education. "The Future of Community Colleges" published by the Congressional Record,July 18, 1974 with a vision to be reflected in the 21st century.
Francis Shieh a.k.a. Xie Shihao sharing the above info with readers on March 17, 2009 at 3.05 p.m.
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