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Banks Prep for Life After Euro |
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From The WSJ:
"Some central banks in Europe have started weighing contingency plans
to prepare for the possibility that countries leave the euro zone or
the currency union breaks apart entirely, according to people familiar
with the matter. The first signs are surfacing that central
banks are thinking about how to resuscitate currencies based on bank
notes that haven't been printed since the first euros went into
circulation in January 2002."
To read this story, please visit The Wall Street Journal
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Standard & Poor's has put the whole of the EU on "CreditWatch negative" downgrade warning |
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From The Telegraph:
"Two days after placing 15 of the 17 eurozone members on CreditWatch negative, ratings agency Standard & Poor's has put the whole of the EU on "CreditWatch negative" downgrade warning. "
To read this story, please visit the Telegraph.com
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Walt Disney Stakes Claim After Oil Firm Adopts Famous Name |
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From The Wall Street Journal:
"For many of the littlest moviegoers, Walt Disney
Co.'s Pixar Animation Studios has served as a pipeline for a string of
critical and commercial hits, including the "Toy Story" and "Cars"
movies. Now, in a surprise to Disney, the Pixar name is being linked to
pipelines of a different sort: Ones tapping petroleum deposits in
Western Canada.":
To read this story, please visit The Wall Street Journal
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Georgia Lawmaker Wants Jobless to Volunteer in Exchange for Benefits |
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From Fox News:
"A Georgia lawmaker wants the unemployed to put in community service hours in exchange for their government-paid jobless benefits. John Albers, a Republican state senator, has proposed a bill that would require out-of-work Georgians to volunteer at charities at least 24 hours every week, according to MyFoxAtlanta.com. Otherwise, they wouldn't receive unemployment benefits. "
To read this story, please visit Fox News
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From WSJ.com:
"The bankruptcy filing of Jefferson County, Ala., has caused alarm bells to ring in the municipal-bond market. Lawyers for the county, which in November filed for what could become
the largest municipal bankruptcy in U.S. history, are arguing that
holders of $3 billion in debt used to finance a sewer project should be
forced to wait for their money along with other creditors."
To read this story, please visit WSJ.com
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