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Wednesday, December 12, 2012

Financial news: 12/12/2012

Bloomberg: Federal Reserve to fabricate trillions of dollars
MW: Turn a blind eye to corruption for long-term ROI
Commerce Dept.: Wholesale sales ↓ 1.2% prior to holidays
NYT: Michigan labor unions lose funding under new law
Fox: Small businesses concerned about cash flow in '13
CNBC: Fiscal Cliff deal unlikely before Christmas per Reid
NFIB: Small-business optimism near historical record low
CNN Money: U.S. Government spending unsustainable
Reuters: Government to net $22.7 billion from AIG bailout
BI:  Short-squeeze possible cause for Tuesday's stock rally
BBC: Bad management results in a $1.9 bln fine for HSBC
MN: Global GDP growth slowing to 1.3% in '13 per PIMCO

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