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B4 The Bell Tuezleday


Guest yobob1

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Morning crew--70 minutes from the bell-open window-may the "force" be with us. There is some chicanery afoot that futures turnaround stunk someone put their foot on the gas pedal. ;)

"Big Al" showed up at the Texas Hold'Em table with a few racks of black chips

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DJ Bird Flu Virus Found In Japan Crows Same As Deadly Strain

 

TOKYO (AP)--Two wild crows in western Japan have been confirmed infected with the same deadly strain of bird flu that has swept through Asia, an official said Tuesday.

(Dow Jones Newswires)

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WASHINGTON, March 9 (Reuters) - U.S. Treasury Secretary John Snow on Tuesday directly took aim at mortgage finance giants Fannie Mae (nyse: FNM - news - people) and Freddie Mac (nyse: FRE - news - people), repeating previous warnings to investors that government-sponsored enterprises are not financially backed by the U.S. government.

 

"We don't believe in a 'too big to fail' doctrine, but the reality is that the market treats the paper as if the government is backing it. We strongly resist that notion," he said in prepared remarks before a bankers group here.

 

"You know there is that perception. And it's not a healthy perception and we need to disabuse people of that perception. Investments in Fannie and Freddie are uninsured investments," he said.

 

Copyright 2004, Reuters News Service

 

 

http://www.forbes.com/markets/newswire/200...rtr1291399.html

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I guess DISH can dish it out!

 

EchoStar Pulls the CBS Plug

 

By TSC Staff

3/9/2004 9:02 AM EST

 

 

The brinksmanship between EchoStar (DISH:Nasdaq - commentary - research) and Viacom (VIA.B:NYSE - commentary - research) turned ballistic Tuesday as the satellite television provider pulled CBS from its system because of a rate dispute.

 

EchoStar's DISH Network said it dropped 16 of Viacom's owned-and-operated CBS local stations and 10 of its nationally distributed channels earlier this morning. The drastic action is a response to rate demands and what EchoStar called Viacom's "strong-arm tactics" linking the rights to carry CBS stations to commitments to carry its cable networks, channels that EchoStar said have "little or no measurable appeal to viewers."

http://www.thestreet.com/markets/marketfea...s/10147687.html

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