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Wednesday, May 16, 2012

Financial News 05/16/2012

Bloomberg: Wealthy use confusion and corporations to protect information
Reuters: FHA loans facilitate new property purchases despite foreclosures
CNN Money: Former President says national debt is a key election year issue
AP: Berkshire Hathaway long on GM, purchases 10 million shares
Fox Business: Property leasing ripe, but renter caution on contracts warranted
Census: Construction began on 717,000 privately owned homes in April
BI: Technical analysis by BoFa warns of increased stock market volatility
BBC: Royal diamond worn by former French Queen sells for $9.7 million
CNBC: U.S. markets influenced by European events per PIMCO CEO
WSJ: Greek bank run in progress, $898 million withdrawn in one day
IBT: IMF warns of possible Greek exit from Euro
Telegraph: Italian and Spanish 10-yr bond yields up on contagion fears

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