Some of the more interesting and important items for February 21st :
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- Soros Says Obama `Has Lost Control of the Agenda’ – Bloomberg – Billionaire investor George Soros said Democratic President Barack Obama “has lost control of the agenda” on the U.S. economy, leaving it “now in the hands of the Republican Party.”
- ‘Flash Crash’ Panel Lays Out Steps to Diminish Volatility – NYTimes.com – A committee set up in response to the “flash crash” of the stock market last May said on Friday that regulators had done much to address the blow to investor confidence but had not yet done enough. It also set out additional steps, including tightening controls on the growing number of computerized high-frequency and algorithmic traders.
- Trichet Declines to Comment on Report Irish Bank Borrowing Raised Costs – Bloomberg – European Central Bank President Jean-Claude Trichet declined to comment on press reports saying Ireland’s Anglo Irish Bank Corp. and Irish Nationwide Building Society caused a surge in overnight borrowing costs.
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