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Wednesday, September 12, 2012

Financial news: 09/12/2012

BBC: Ex-banker given $104 million by IRS for whistle blowing
AP: Family healthcare plan costs nearing $16,000 per year
NYT: Low rates good for government borrowing, bad for savers
NPR: Moody's threatens government with downgrade over budget
Business Insider: Fed QE3 more likely in December if ECB eases
ZH: Congress stuck over "Fiscal Cliff" after leader's comments
Bloomberg: Long-term yield curve to reflate per PIMCO's Gross
Reuters: DJIA approached a 5-yr high by market close 09/11/2012
AOL: IRA and 401(k) fees overlooked by 20% of investors surveyed
BEA: July U.S. exports down $1.9 billion, imports down $1.8 billion
CNBC: Debt relief for banks expected in 2013 via MRP adjustment

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