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Friday, October 12, 2012

Financial news: 10/12/2012

Forbes: Wealthy file for bankruptcy for financial benefits
BI: DOL left out 15-25,000 claims in 10/06 jobless data release
BEA: August trade deficit rose to $44.2 billion on weak exports
AP: Thurs. oil price rose .82 cnts/brl due to Middle East conflict
Business Week: Green jobs data suggests unfilled political pledge
NYT/AP: Investors encouraged by Fed despite economy
MarketWatch: Evidence for U.S. recession already present
Daily Finance: Employer sponsored 401(k)s poorly implemented
CNN: Economists find "pulse" in housing market per UCF Prof.
CNBC: Government failing to avert fiscal disaster per Blankfein
Zero Hedge: FRB's non-MBS assets reach $205 billion
BBC: Federal spending resolution likely to limit sector spending

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