The acquisition of the Lehman
Barclays will purchase part of the Lehman Brothers’ business
Intelligence sources, Barclays Group (Barclays PLC) has reached an agreement with Brothers (Lehman Brothers Holdings Inc.) to acquire the Lehman’s U.S. investment bank and the capital markets business, while as many as 9,000 employees of Lehman Brothers will be remained in the English Bank.
China Polluted Milk Events Spread!
So far, the polluted baby milk events have expanded to more homes from a single incident. The toxic milk has caused two infant deaths, more than 1,200 sick baby, which again highlights the poor control of food and product safety in China.
Fed Considers Contributing 85 billion U.S. dollars to Aid AIG
According to the insider, the U.S. Federal Reserve Board (Fed) is considering to provide 85 billion U.S. dollars of relief to the troubled American International Group (AIG). It would lead to the result the government controls this company, but the specific relief structure is not clear.
The oil and stock:
The Oil Price Drop to 100 $! The Oil Demand of China also Come Slowly.
The anticipatory recession of the world economic enhances and the dollar suddenly strengthen, under the double boost yesterday the international oil price plummeted fell below 100 $, reaching to 94.15 $ as the lowest line.
The Global Stock Market Crashed and cumbered the A-share, Hu-shares fell 2000 points
Although the central bank published favorable policies of the lower lending rates and some financial institutions deposit reserve ratio, it’s still difficult to offset the encumbrance to the A-share market from the global stock market crash.
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