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US banks defend bail-out spending
Bosses of eight US banks have tried to reassure a Congressional hearing that the US government's money has been well spent.
BBC News

5 things to know when top execs buy or sell stock
Insider stock transactions, not to be confused with insider trading, are legal and frequent moves that can provide useful information to investors trying to assess a company's prospects.
The Philadelphia Inquirer

FACTBOX-Key points in Ireland`s bank rescue plan
Feb 11 (Reuters) - Ireland unveiled a beefed-up rescueprogramme for its two main lenders on Wednesday to try toturnaround its banking sector, unfreeze credit, and restoreconfidence in the country's economy. [ID:nLB782624]
Reuters

Thomas Sowell: Fighting political correctness: Both sides, now, for the good of the nation - Twincities.com: Opinion
Letters from parents often complain of a sense of futility in trying to argue with their own children, who have been fed a steady diet of the politically correct vision of the world, from elementary school to the university.
NewsRack

St. Louis unemployment office to reopen Eds: ...
The state is reopening a St. Louis unemployment office to try to clear a backlog of applications for jobless benefits.
Topix

House holds up stimulus talks
Senate Majority Leader Harry Reid was trying to persuade House Speaker Nancy Pelosi to go along with the compromise economic stimulus bill late Friday afternoon, two hours after he announced that an agreement had been reached.
CNN

Watchdog scuppers bank charge reclaims
NatWest customers are being prevented from reclaiming bank charges by the City watchdog even though they are entitled to do so
co.uk

Did Obama make the right move regarding Guantanamo?
guest wrote: Has anybody really tried to ignore Edgar? Don't read his posts? Don't respond? Don't post about him to others. How hard can that be? Sure they have, but just like an attention seeking spoilt child he then starts screaming that no-one talks to him, and spams off half a dozen new screen names to talk to himself...If he treated his friends and colleagues in person in the same way he treats others here, he'd get a serious a*s-kicking.
WSJ.com

Forex Trading Strategy - You Cannot Predict Forex Prices But You Can Win
You will see a lot of people tell you that you can predict Forex prices in advance but this is not true and if you try it, you will lose If you want to win follow the Forex trading strategy in this article and you can get the odds on your side and win. It's obvious that you cannot predict what Forex prices will do, because predicting is hoping or guessing and you will not be rewarded for it. Of course there are lot of vendors of systems telling you that you can and that markets move to mathematical formulas but this is a lie. If they did, there would be no market, as we would all know the price in advance! Human nature is unpredictable and markets move to the odds, not certainties.
ezinearticles.com

Facing Oversight, Banks Go on Offense
Wall Street is trying to move out of its defensive crouch, with top bankers telling Congress today that they are making loans, managing their money prudently, and intending to pay back any public funds at a profit to the U.S. Treasury.
The Washington Post

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