Financial News Update – 12/30/09

Posted on December 30, 2009 by TMH

Bankers Get $4 Trillion Gift From Barney Frank: David Reilly

Sen. Chris Dodd (D-CT) Puts Union Friends Ahead of Air Security

Senate Health Care Timeline

Law Suits Threatened Over Obamacare

French High Court Rejects Carbon Tax

PUMP: GMAC to get $3.5 billion in added aid from government

Tracking Your Taxes: Defense Bill Pays for Prostate Screenings, Sprinkler System

SurvivalBlog:

U.S. may prop up housing further via Fannie, Freddie; Unlimited support may presage more aggressive action in mortgage markets.

Adjusted for Inflation Dow’s Gains are Puny.

Retailers Stores Thinly Stocked, Profits Won’t Be

Stocks Edge Higher As Shoppers Step Up Spending

Holiday Sales Rose Estimated 3.6%

“Reasonably High Chance” Economy Will Contract in 2010

Cash-Strapped US Running Out of Unemployment Money

Home Equity Lines Of Credit Have Dried Up All Over the US

Oil Hits Five-Week-High on US Cold, Optimism

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