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Panetta Earned $700,000 in Fees
CIA nominee Leon Panetta earned over $700,000 in speaking and consulting fees in the past year, in part from troubled financial firms.
Wall Street Journal

Financial Time Machine
In late 1992, when Bank of Americas stock price was the same as it is...
Mr Swing

BofA`s Drop Weighs on Blue Chips
The Dow industrials dropped 1.5% on anxiety about Washington's plans for the financial sector and job-market worries. BofA fell to its lowest level since Nov. 1990.
WSJ.com

Firm Junkets Get Junked
Morgan Stanley and Goldman followed other financial firms in canceling junkets amid intense scrutiny.
Wall Street Journal

Mortgage Banks Push for Federal Support
Mortgage banks are pushing for a slice of the federal support that is propping up the financial giants.
Wall Street Journal

UBS predicts gold to hit 1000
UBS has increased its 2009 average gold price forecast to 1000 an ounce from 700 as investors seek a safe haven from the financial turmoil.
Telegraph

Aeroquest International Limited (TSX:AQL) Announces Financial Results for the Three Months Ended December 31, 2008
- Revenue of $11.3 million, up 1% including acquisitions- Cash flow from operating activities of $1.1 million in the period, or $0.03 per share- Contract backlog at $14.0 million, a year-over year decline of $5.0 million
Marketwire

The Hertz Corporation: Hertz Global Holdings to Hold Fourth Quarter and Full Year 2008 Financial Results Conference Call
PARK RIDGE, NJ (MARKET WIRE) Hertz Global Holdings, Inc. (NYSE: HTZ), the parent company of The Hertz Corporation, the world's largest general use car rental company and a leading equipment rental company in the United States and Canada, today announced plans to hold a conference call to discuss its fourth quarter and full year operating results. This call will be held on Tuesday, February 24, 2009, at 10:00 a.m. ET and will remain available for replay for two weeks starting at 12:30 p.m. on February 24, 2009. A press release detailing the operating results will be issued on Monday, February 23, 2009, after the close
Market Wire

Abu Dhabi banks get cash support
The government of Abu Dhabi pumps more than $4bn into five banks, in an effort to shore up the emirate's financial sector.
BBC

AAA+ and other bonds
A receptionist at the Bank of Englands Threadneedle Street headquarters in London had a pleasant surprise for RBI Deputy Governor Rakesh Mohan. When he arrived for a press conference to present a report prepared by the Committee on the Global Financial System (CGFS), under the aegis of the Bank for International Settlements, he was given a visitors pass numbered 007. Mohan accepted the card and turned around to show it off to his colleagues from the RBI and Bank of England. But there were no martinis on offer, nor any Bond girl in sight.
Business Standard

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