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Showing 351 - 360 of 397 results for "US President"

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
... will be spent and how the ballooning budget deficit will ultimately be repaid. Here, the exit strategy presented by US President Barack Obama is worth watching as it would serve as a template for other government when it comes time to pay their dues. ...

Subsidise financial advice: Shiller

MICHELLE BALTAZAR  |  FRIDAY, 27 FEB 2009
... retail products such as GDP-linked bonds that hedge against the big risks facing investors. Referring to how former US President Theodore Roosevelt rescued Americans from the Great Depression, Shiller said the government's bail-out package is not enough. ...

Baracking for the US

BENJAMIN ONG  |  THURSDAY, 26 FEB 2009
... this, we will rebuild, we will recover, and the United States of America will emerge stronger than before." While US President Barack Obama's words garnered applause and a standing ovation from both Democrats and the Republicans in the US Congress, Wall ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
US President Barack Obama is bringing David Riccardo back from the dead. When the US unveiled its first bailout acronym - TARP -- for the financial sector TARP - last year, I wrote about a theory taught us budding economists called the 'Riccardian equivalence.' ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... systems have not convinced equity markets that the 'beginning of the end' of the global financial crisis is nigh. US President Barack Obama declared these words right after he signed the US$787 billion American Recovery and Reinvestment Act (ARRA) last ...

Thumbs down

BENJAMIN ONG  |  FRIDAY, 20 FEB 2009
Fizzler. This is the equity market's verdict on US President Barack Obama's latest salvo on preserving the 'American Dream'. If the Dow's overnight fall to a six-year low is anything to go by, yesterday's unveiling of the US$275 billion Homeowner Affordability ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
Yes we can! And again, Yes we can! In trying to make this slogan come true, US President Barack Obama has taken the concept of moral hazard from Wall Street to Main Street. Just one day after he signed his autograph on a piece of paper turning the US$787 ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
... respective government's latest fiscal dole-outs. Wall Street sat on the fence overnight as investors await the approval of US President Barack Obama's proposed stimulus package. The Senate is scheduled to vote on the legislation tomorrow morning (Australian ...

FPA stops "highly offensive" ads

MICHAEL HOBBS  |  MONDAY, 9 FEB 2009
The Financial Planning Association (FPA) has obtained a Federal Court injunction stopping Bannister Mansfield Financial Services and the firm's director from publishing ads featuring the FPA. The FPA's solicitors asked Bannister Mansfield Financial ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 JAN 2009
... points or 2.15 per cent to 3,009.75. TOKYO - Japanese shares gained on Thursday as investors hoped for bold action by US President Obama to nurse the economy back to health after the House of Representatives approved a stimulus package. The Tokyo Stock ...