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  • Ireland (Euronews)
    The Irish maker of luxury tableware Waterford Wedgwood called in the receivers on Monday. The loss making company had been trying to find new investors for months, but failed to get its creditors to give it more time to pay back loans.

  • Private investors to pay FDIC $13.9 billion for IndyMac (Chicago Tribune)
    A group of private investors agreed Friday to buy IndyMac Bank, the Pasadena, Calif., specialist in exotic home loans that collapsed in July and became the third-largest bank to fail since the government began insuring deposits in 1934.

  • U.S. Longer-Term Notes Drop as $54 Billion of Debt Sales Loom (Bloomberg)
    Jan. 5 (Bloomberg) -- Treasuries due in five years or more fell for a third day amid concern efforts to spur the U.S. economy will lead to a record amount of debt sales as the government prepares to auction $54 billion of notes this week.

  • U.S. Longer-Term Notes Drop as $54 Billion of Debt Sales Loom (Bloomberg)
    Jan. 5 (Bloomberg) -- Treasuries due in five years or more fell for a third day ahead of auctions of $54 billion of U.S. notes this week amid concern congressional efforts to spur the economy will lead to a record amount of debt sales.

  • Obama: We Must Act Now (Fox News)
    President-elect tries to build bipartisan support for economic stimulus as he warns of the consequences of inaction ? Lawmakers Raise Concerns With Obama CIA Pick ? PHOTO ESSAY: Busy Day on the Hill


 
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