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EuropeSun.com Saturday 11th October 2008 Edition 285/2008
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Quotable Quotes
"The House of Representatives has shown a catastrophic failure of leadership. Monday’s vote, rejecting Hank Paulson’s admittedly imperfect plan to add liquidity, transparency and perhaps a little capital to the banking system, was shameful. It was a triumph of political expediency over the needs of the nation. The signal was that congressmen would rather save their seats than do what it takes to keep the US payments system functioning. The vote was reversed on Friday but the message cannot be unsaid."
Financial Times editorial
The leading British financial newspaper was making its point in an editorial published on Saturday.

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Market News
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    Internet
  • AMD, HP, andl Innovation in Financial Crisis
  • President signs broadband data collection bill
  • Apple Shares Surge, Investors Like Valuation
  • BigBad builds new BIDMC Web site

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    Business Europe
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