Abu Dhabi came to the rescue with 10 billion for Dubai and that has eased tensions and futures are on the rise this morning.
Citibank has agreed to pay the government $20 billion to get out from under TARP.
The greenback is retreating from recent highs and Obama sits down with financial “fat cats” one day after verbally throwing them in the wood chipper.
Oil is trading near $69 as OPEC signals no production cut.
Have a great day.
Monday, December 14, 2009
Economic
10:00 TAF auction
15:30 Mexico Oct Industrial Production
Events
IMGN Analyst Call. Ex-dividend: HPQ $0.08, BDK $0.12.
Earnings
Before the Open: NTSC, CSPI. After the Close: SNS, PAY.