feedaug04






		Tuesday August 31 Chicago Purchasers' August Index Falls to 57.3 From 64.7 Bloomberg Confidence reading falls in August Conference Board Wall Street turns bearish on Intel, chip stocks Reuters Chain Store Sales Lower in Final Aug Week Reuters Bonds Suggest Only Modest Gains in Jobs LA Times (Free Reg) The Treasury bond market on Monday sent a signal that it expected job gains to remain muted at best: $ Extends Slide FT Baffled by bond strength CBSM The bond market today reminds me eerily of the late 1990s in the stock market. All the experienced investors said the market was overvalued. But it kept on going up....It was downright embarrassing. Get ready for the fall season CBSM (Kellner) Commentary: September brings market gloom Which Way the Volumes GoldenBar The Rise in Job Displacement, 1991-2004: The Crisis in American Manufacturing CEPR PDF Cash-rich companies steer clear of risk FT “The over-investment boom of the late 1990s is coming back home to roost” Purnomo Says Demand, Not Speculators, Driving Oil Market BL Oil Falls As Hedge Funds Run To Exits Reuters Oil Prices Unlikely to Alter Fed Rate Decisions Bloomberg (Berry) Repeated pipeline sabotage costs "fortune" in oil riches WP/AP Mr. Sandman, Bring Me Some Oil NY Times (R) Market Manipulation, or Information Manipulation? OP Hedge funds change bond investors’ world FT States try to keep jobs in the USA USAT CEO Pay Soars at Companies That Send Jobs Overseas FairEconomy Fund Managers Now More Prone to Risk CFO Housing economists see record 2004 CBSM Housing economists raise yellow flag over San Diego SOn San Diego SF Gate A rush of Realtors SOSD Fallout feared as new agents enter the business just as the housing market shows signs of cooling Foreclosure Rates Reaching Crisis Levels Action News Bill would limit home foreclosures AP Insurers cut home payouts SF (NYT) Philadelphia sheriff will cut fee for handling mortgage foreclosures WNEP NW regional bank eyes turf of Fannie, Freddie AP If approved, the plan would put the Seattle bank in competition with Fannie Mae and Freddie Mac Lessons from Google's IPO Wharton Going public getting harder SF Gate The press and adulation of Google leading up to its IPO shows that investors can still go gaga over a new stock just like they did during the dot-com bubble. SEC to recommend civil charges against Hollinger Inc. Globe & Mail SEC to Congress: Defer to FASB on Options Reuters OSC alleges insider trading on Agricore deal FP Bacanovic banned R Angel soft flushing tour is Penn Station Attraction NYP (Crudele) Finally, your fund’s secret votes revealed MSN Newmont adds muscle to Gabriel gold find Re Gold Stocks: Short Positions Fractional Reserve Banking Prevents Gold Standard Halifax Live China's stockpile of oil helps to bolster prices Times Online The signs of aggressive Chinese stockpiling emerge from research by Merrill Lynch, the investment bank, which suggests that China is importing crude and refined products at twice the rate of growth in actual demand. China: Environment or Development? Morgan Stanley (Xie) Chinese mutual funds report strong growth Reuters China's markets watchdog suspends IPOs AFP Japan's Factory Production Stalled in July as Electronics Demand Faltered Bl Thailand Looks Like China as Bad Loans Pile Up Bloomberg EU set to change rules on budget deficit limit IHT Singapore bankruptcies hit record high despite economic rebound AFP WTO ruling on wheat sales goes against U.S. Seattle T (BL) Tax Ministry: Blacklist of banks is myth Russian Journal Sons Of Gwalia In Administration On Hedging Debt Dow Jones Sons of Gwalia's gold counterparties - nine banks and financial institutions - refused to accept a standstill agreement on the hedging debt. Converium serves up more bad news SwissI Alitalia shares slump AFP Coup Charges Cap Mark Thatcher's Career AP The story features oil interests, a dictator reported to harbor cannibalistic tendencies, mercenaries from elite private schools in Britain, a Lebanese immigrant tycoon and faint echoes of Britain's former dominance as a colonial power. Hackers hijack federal computers USAT Berlin bear's break-out bid fails BBC Monday Augsut 30 Wonder Bread Baker Stock Drops 25 Percent Reuter IBC Press Release Understate Housing Costs, Understate Inflation Bloom (Baum) July Personal Spending Rises 0.8%; Incomes Rise 0.1% Bloomberg BEA Attacks Halt Oil Exports From South Iraq AP Crude Rises BL Unconvincing dollar rally Business Line There Is No Such Thing As Free Money Hussman Experts: Bear market persists AP Sideways pattern likely to go for years some say Are we living in a fool's paradise The Australian Global: Hardly a Global Soft Patch Morgam Stanley (Roach) U.S. economy's 'soft patch' may be just the start of a hard road G&M (Ingram) Greenspan's recession deserves to be the Democrats' headache Brookesnews U.S. airlines face looming financial turbulence Globe & mail Washington put on pensions alert FT Pensions on a Precipice Business Week If airlines start to ditch plans, shortfalls could swamp system A Lumber prices at all-time high Grand Falls Concrete prices threaten projects Californian Some oil speculators are starting to bail out NYT Where have the jobs gone? ACBJ American Jobs are Going Abroad Safe Haven Google, Shmoogle. The Biggest I.P.O.'s Went Unnoticed NYT Experience suggests that "halo" is a euphemism for "investors turning bullish en masse for no substantive reason." Krispy Kreme's Failings Tough To Glaze Over WP Calpine Accounts Questioned Reuters Tyson Foods Cuts 2004 Profit Outlook Reuters They came, they saw, they pillaged Asia Japan Times Citigroup is hardly the first giant fund holder to push the ethical envelope... Experts Assess the Influence of Long-Term Capital's Loss NYT Blank-Slate Company NYP (Byron) Could U.S. Regulators Clamp Down On U.S. Settlements Of Berlin Trades? IBD SEC Lets Up on the Accelerator CFO How many mutual funds will die? Reuters Wilshire Funds Management Lowers Expense Ratios PRLeap Hollinger directors to come under fire G&M Never mind gold's price, look at volume CBSM Fed's Easy Money Trickling Down CFO FED Moody's noted that 2004-to-date's relaxation of lending standards for C&I loans is "the most pronounced on record" since the survey began in Q2 1990. Bush fighting stock market trend Journal News Credit squeeze risks triggering loans crisis TheStandard A wave of new non-performing loans could soon hit China's biggest banks as the government's credit squeeze triggers defaults by everyone from steel mill owners and car buyers to golf course developers and homeowners. Poverty Is a Growing Risk to Asian Markets Bloomberg Fasten your seatbelts and prepare for the property market to land Guardian China's Rising Demand for Coal, Steel Eases Slowdown Concerns Bloomberg Australia's Portman Says Iron Ore Demand At Record Levels Dow Jones India cuts taxes to slow inflation, takes budget hit Financial Review Canada slaps duties on Chinese-made barbecues Globe & Mail Weekend Edition (Aug 28-29) Wall St Week Ahead: Investors take a holiday Reuters The Week Ahead: Myths and Realities About US Jobs Statistics CIBC PDF Bubble at the Fringe PBear (Noland) The Rewards of Lazy Investing Mauldin US Dollar Bear Intact Zeal Did They "Backpedal" ... If No One Was There to Hear It? Elliott WaveW Why High Valuations Are Not Permanent Comstock New US accounting rule could hit financial profits Reuters U.S. banks and insurance companies with big holdings of mortgage-backed securities are fretting over a new accounting rule that could take a bite out of earnings as soon as the third quarter. NYSE Seat Prices Hit 8-Year Low Reuters Yahoo Pares Google Stake AP Google options lure heavy volume CBSM Jaguar to cut production by 15,000 cars FT Friday August 27 Consumer sentiment tops forecasts Reuters Greenspan Warns on Baby Boomer Benefits Reuters Speech U.S. Economy Grew at a 2.8% Annual Rate in Second Quarter Bloomberg BEA Time For The Downtrend To Accelerate? Cross Currents Fear and loathing in the globalized world Taipei Times (Shiller) Global: The Great American Savings Grab Morgan Stanley (Roach) Faith in the Stock Market North Disciples, Followers, and Cheerleaders North Pop goes the bubble? CNN Housing's heyday may be over, with consequences spreading far and wide Goldman, UBS Scaled Back Size of Market Bets in Second Quarter Bloomberg The Future’s A Gas Economist Oil strategists divided after price fall FT Why worry about high oil prices, when a boom in natural gas may be on the way? Tracking Jobless Claims Data Northern Trust PDF The business expansion that began in March 1991 is often cited as a jobless recovery that gathered steam only in the latter stages of the cycle. The labor markets performance in the current expansion ranks below the 1990-91 cycle Census: Poverty rose by million USAT EPI ~ Pension Tension Berner Day of Reckoning Ahead for California, New Jersey Bloomberg Weak GM, Ford Sales Spur Production Cuts? Reuters Incentives in August rose about 4 percent from July's levels, but automakers are having a tougher time convincing consumers to buy... Irrational Market Bubbles: Are They "Post-Modern"? Elliott Wave U.S. regulator faults Big Four accounting firms - but gently NYT (Norris) PCAB Big four accounting firms made several major errors last year The SEC and the Desire For Continued Relations Tech Central How Mutual Fund Managers Exploit Opportunities to Maximize Fees Wharton JB Oxford execs face charges in illegal late trades USAT Calif. pharmacies sue drugmakers AP Novellus' Customers Growing More Cautious TheStreet AMR Sees Fuel Costs Burning Away Profit TheStreet RJR debt outlook lowered Globe & Mail DPL Sues Former CFO, Other Execs CFO Republican fundraisers on Wall St shy away from Bush FT Study: Politicians Increasingly Use Property Grabs to Pad Bottom Line NTU Program Trading Averaged 53.2% of NYSE Volume during Aug.16-20 NYSE A giant hedge fund Economist Germany's biggest bank will soon be not much of a bank, unless it changes course Japan's Household Spending Falls; Unemployment Rises Bloomberg Debt-servicing costs poised to creep back above 20 trillion yen JTimes MOF Brazil's Central Bank Signals It May Raise Rates Bloomberg Mortgage data spell end of house price boom Times Online The number of new home loans has suffered its largest fall for a decade in the strongest sign yet that Britain’s property boom is coming to an end Canadian REITs face slim pickings in the buying game Financial Post Police investigate phantom military company Times Online Boardroom pay bonanza goes on Guardian Thursday August 26 US Seen Headed for Smallest Farm Surplus Since '72 Reuters Jobless claims rise on storm damage CBSM Crude resumes price pullback CBSM GDP May Spoil Party For GOP NYP (Crudele) Why The Bear Market is Not Over PBear PPT Dropping the torch CNN/Money Businesses were supposed to pick up the economic burden from consumers; they're not doing so hot Stocks Are Hurting More Than the Averages Show Bloomberg Losing the HP Way CFO (Economist) Two years after Carly Fiorina pulled off a transforming merger, Hewlett-Packard looks huge, frail and confused Denver Area: Job growth stunted Rocky MN Leaving Las Vegas? CNN Gaining steam: Railroads reap profits, headaches from rising shipments CBSM Concrete prices rising in US BGazette Building Materials in Short Supply NBC2 Holcim May Say 2nd-Quarter Profit Rose 22% on Demand for Cement Bloomberg Hummer production being cut UPI Chemicals sector faces more layoffs CBSM 35,000 jobs seen at risk if price of natural gas stays high Health Care Crowds IPO Sick List TheStreet Gores Investment withdraws $250 mln IPO Reuters Ahold begs investors’ patience FT Krispy Kreme quarterly earnings plunge Reuters Late call on 'vice mail' scam CBSM Commentary: Why did SEC wait so long to sound alarm? Citigroup sued by Bank of New York over Enron-WSJ Reuters The lawsuit could result in $2.5 billion of liability for Citigroup Spitzer keeps pressure on fund companies NYT Ex-Broker Fighting Merrill Over Cash NYP Former Enron executive will pay $1.49 million Reuters Brokers settle with SEC over research payments Reuters US launches probe into Career Education FT SEC Bans Former HealthSouth Exec From Practicing Accounting AccountingW Citigroup Trades Show Market Flaw, Not Foul Play Bloomberg “Mommy, mommy! A big boy in the playground pushed the merry- go-round too fast and we all felt dizzy and sick and now we're going to cry.” Nasdaq Short Interest of Interest Schaeffers Another '90s Bad Dream LA Times (Free Reg) Beanie Baby mania paralleled the dot-com craze: sky-high prices and then a bursting of the bubble. Ex-devotees cringe at the memory Interview: John Embry, Sprott Asset Management MineWeb Angel's of Deception, Part 2 Gold-Eagle Worries persist of China hard landing CBSM IMF IMF board urges flexible yuan, staff wants rate hike Mondale: to revalue Renminbi "a very grave mistake" People’s Daily Who's Right About China -- Greenspan or Zhou? Bloomberg Japanese Exports Fell for a Second Month in July Bloomberg Concern mounts that slowing growth in the U.S. and China will hold back a recovery in the world's second-largest economy Thai bank receives a warning Bloomberg Central Bank to Buy More Euros Next Year Moscow Times German Business Confidence Falls on Oil Cost Concern Bloomberg Russian partner of BP in fraud row Times Online China becomes world's biggest soybean importer People’s Daily Germany may raise curtain on exec pay AP Olympics-And the Winner Is ... World Metal Prices Reuters Wednesday August 25 Not Free, Not Fair: Manipulation of the Gold Price Emry PDF Ingram: In search of a golden fleece Globe & Mail Canada report lends support to gold "conspiracy" Reuters July New Home Sales Fell 6.4% to 1.134 Mill Annual Rate Bloomberg Census July Durables Orders Rise 1.7%; Ex-Transport. Rises 0.1% Bloomberg Census Mortgage Applications Off in Aug. 20 Week Reuters Timing Affects Long-term Returns Comstock Bear market postponed? Hulbert Oil Isn't Only Constraint on the Economy TheStreet America’s false profits Economist American firms are not as healthy as you might suppose Charley and the Corporate Spin Factory TheStreet Federal Reserve Credibility on the Line AEI America, The Debt Ridden NCPA Book: Running on Empty Expectations, Allocations, and the Stock Market Trends Elliott Wave A Primer on Government Economic Reporting Gillespie Corporate Pension Crisis Still Looming AP 40 companies sitting on pension time bombs MSN Oil surge “delaying airline recovery” FT H&R Block Posts $44.1 Million Loss in 1Q AP AMD desktop chips edge ahead of Intel CNet NASD Chasing Wall St. Deadbeats NYP Pentagon auditors grow testy HChron EU says deepens probe of Microsoft/Time Warner Reuters Mr. Soros goes at Washington CS Monitor Mark Belnick: A Cautionary Tale Law.com Beer in Aluminum Bottles on the Way AP Silver slips as exposure to photography declines Telegraph A risk-management upgrade for US bank regulators McKinsey (Free Reg) The FDIC -- the federal agency charged with promoting public confidence in the US banking system -- is not yet fully confident of its ability to manage risk. U.S. telecom pain is world's gain IHT “While the U.S. is still smarting from the telecoms catastrophe, it has woken to find that it has significantly assisted everyone else, which was really sort of dumb” Germany reiterates pledge as budget deficit rises IHT China is seen poised for rare step of rescuing a private firm NYT Industrial profit growth starts to slow China Daily Europe's Defensive Stocks Are No Longer Defensive Bloomberg India: The Price is Wrong Tech Station Thailand Raises Key Interest Rate to Curb Inflation Bloomberg FSA exposes long-running deception by Shell executives Times Online Shell was warned on reserves in 2000 FT A Bank Takeover in Japan Breaks Tradition NYT Tuesday August 24 Greenspan: More data needed to declare a housing bubble CBSM July Existing Home Sales Slowed After Rates Rose Bloomberg Realtor How Long Will Foreign Central Banks Keep Financing Our Treasury Deficit? NT U.S. debt gets sour reception in Japan Bloomberg Since The Fed Raised Interest Rates -- They’ve Gone Down NYP (Crudele) Lehman advises investing caution for 2-3 weeks Reuters Stock investors grapple with tough economic realities NYT (Morgenson) Mathematician: Markets more dangerous than investors know DRecord Book Why Herb's not hot on the market CBSM Losing pace? Boston Globe All About Money Baltimore Chronicle The Federal Reserve and Productivity’s Boom-Bust Cycle Englund Crude, Clownies and Crashes Rostenko Credit Crisis CS Monitor AA View of US Financials Willie In a generational shift, Americans have come to accept big credit card balances as inevitable Foreclosures.com: Las Vegas Home Price Bubble Set to Deflate BW “When things slow down the speculators will leave the scene and there will be a shakeout” NASD Puts Out 'Guidance' Over Berlin Listings IBD Rumors have been rampant for weeks that the SEC and NASD are at odds over the NASD's proposals for stronger regulations to squelch illegal market manipulation, proposals that apparently have fallen on deaf ears at the SEC SEC orders balance-sheet study FT Companies have been restructuring financial transactions to circumvent the new rules (FIN 46). Gold Advisers Too Bullish CBSM (Hulbert) The Economy Is Killing Overtime Forbes Study: Incentives Hurting Value of Autos AP Intel takes axe to Pentium 4 prices TheRegister R El Paso anticipates writedowns of $3.7 billion AP Another Exec Flees BEAS TheStreet Google at Bottom of ISS Governance Ranking AP Adelphia says Rigas family owes it $3.23 bln Reuters US Airways moves closer to second default FT Cisco awards 162 million options to employees Reuters Toy Company Applause CEO Commits Suicide AP A tech-bubble blowout becomes high drama IHT (NYT) Mirin's play is an exploration of the market mania that overtook many people during the Internet bubble The Cheap Seats NYP Seat owners at New York's stock exchanges -- already besieged by scandal and competition -- are seeing their cash flow slow to all-time lows as sluggish business has renters running for the hills. Crude contract slips below $46 CBSM OPEC insists speculation to blame for high oil prices AP Japan examines impact of oil speculation FT O Oil's slippery slope Asia Times Costly oil evokes memories of '97 crisis Asia Times Bernanke downplays rising prices R Can Bank win a game of Reverse Monopoly? Independent Interest Rates Will Have to Rise--Bank of Canada Globe & Mail The dynamite dossier Times Online If true, the dossier reveals a massive scandal Chinese Internet Stocks Focus of Crackdown AP China dazzled by platinum jewellery FT India: The curious investigation into Manic Monday Indian Express Traders say that even those who triggered the selling hysteria hadn’t bargained for such an irrational fall... South Africa: The deficit from hell MoneyWeb Philippines: Shares fall 2.16% on 'fiscal crisis' worries Inq7 Philippines Able to Service Its Debt AP Why Stock Market Crashed to Unprecedented Low allAfrica Wal-Mart warning dents Wall Street rally AP Monday August 23 Global: The Funding of America Morgan Stanley (Roach) Dollar Rises as Crude Oil Falls, Easing Concern on U.S. Growth Bloomberg ”Buy and hold” means “buy and lose” MSN (Fleck) A Normal Market? There's No Such Thing Wall Street Journal “Over 20 years, it's not unusual to have real stock returns that aren't much above zero. I'd be willing to bet that the 2000-2019 era could be just such a period." Equity markets will remain volatile, so invest with caution Personal Finance That Not-So-Distant Thunder in the Bond Market NYT Some fund managers preferring liquidity CC (NYT) Oil Holds at $47 as Iraq Resumes Exports Reuters Past oil shocks' legacy: recession NYT (Morgenson) A Review of Oil CornerStone Speculators blamed for high price of oil Guardian Oil is mesmerizing the markets CBSM (Brimelow) Can the economy take it? CFO High oil price risks bringing down US airlines AFP The consumption fallacy: another lesson for the US economy BrookesNews The Big Picture Schultz The Strong Economy Hook! Faber McHugh Home prices hit new highs Sac Bee What's Driving the Auto Boom? Business Week The housing run-up is grabbing headlines, but the pace of car sales has been growing even more rapidly, maybe even bubbling over FTC looks into debt-aid firm Seattle PI Survey: Economists dial back growth forecasts USAT Why Bush is on the carpet with Hoover Guardian Foreign Buying Is Rising In U.S. Corporate Bonds Wall Street Journal More self-employed bet on not getting sick, hurt USAT Wal-Mart Cuts Forecast for August Sales, Expects Them to Be Little Changed B Google is Probably Worth About $24 a Share Hussman Group: Google governance flawed Reuters Google Shares May Flood Market -Barron's Reuters Norris "Common sense tells you that it doesn't bode well for price stability." Google: Mary Meeker's comeback? Reuters Climbing Back Up Newsweek SEC Questions Auditor Turnover CFO Investor's Edge for the Week of 8/23/2004 Schaeffers Soaring oil price forces cut in market (FTSE 100) forecasts Times Online Japan: High oil prices seen threatening recovery Yomiuri China's economy grows 9.69 pct in 1st half, revised GDP figure show P’s D Boom in house prices is 'well and truly over' Independent Indexes in Japan fall short of hype Bloomberg Monetary policy and the debt problem BrookesNews High yield doesn't make stock a sure bet Toronto Star Volkswagen Says 'No Room' for Wage Hikes AP Santander may cut 4,500 jobs as part of £8bn Abbey National takeover Guardian Can Anything Save French Wine? CNN Weekend Edition (Aug 21-22) Oil and Stagflation AEI (Makin) PDF Why Investors Fail Mauldin Speculative Finance and Liquidity Bulges PBear (Noland) Gold/Oil Ratio Extremes Zeal This is a normal correction of a Huge Primary Advance Russell Gold: The End of Cheap Money Ing Prediction: The future of the USA stock market Sornette The Plug Factor Richebacher Overproduction When Productive Capacity is Declining? Elliott Wave Are tech stocks poised for yet another sell-off? IBD US's Snow-dollar to remain top reserve currency Reuters Jobs: Many states losing ground JobWatch Retailers: Falling off the pace Globe & Mail Dell Founder Sells Shares NY Times Fannie Mae subpoenaed by its regulator OFHEO-WSJ Reuters U.S. Begins Criminal Probe on Riggs-Paper Reuters MCI charge report pushes rating down USAT NYT: U.S. Probes Medical Supply Industry Reuters Kmart Sale to Home Depot Could Cost Jobs Reuters 'Dutch auction' finds few takers in the Netherlands NYT SEC Proxy Access Plan Stalled Reuters The Nature of Money and our Monetary System Financial Sense EU monetary official says oil price is a worry Reuters/Bloom Lasting share revival is reliant on dividend growth Times Online Foreign capital infiltrates into China’s financial market People’s Daily Scandal-wracked Mitsubishi Motors struggling to survive Japan Times Nation awash in hot-spring scandals Asahi Some local officials blame the bubble economy Iran stock exchange is cleaning up its act NYT Oil falls back below $48 CNN Will next energy crisis center on natural gas? NYT Morgan Stanley's top oil strategist misses the mark NYN Service Friday August 20 Lehman Cuts Forecasts for U.S. Growth, Interest Rates Bloomberg GM Denies Problem with 2005 Dealer Orders Reuters Mylan Criticizes Wall Street Analysts Reuters NY gold, silver soar to 4-mo high on oil's gains Reuters $50 Barrel for Oil 'A Foregone Conclusion' AP Oil Tops $49 AP Nearing $50 Global: Oil-Shock Assessment Morgan Stanley (Roach) It’s Not Only Oil Comstock Two Key Charts... Russell Trade gap darkens U.S. picture NYT (Norris) California home prices up 25 pct in 2nd-qtr Reuters Lumber price goes through the roof FP Google's Big Splash Aided by Bid-Fill Strategy TheStreet “In setting the offering price below its clearing price, Google ended up not with an auction of shares but with "about as traditional an IPO as you can get," Google's Auction Loosens Wall Street's Grip on High-Priced IPOs Bloomberg 1,000 Google Millionaires Gather For Summer Picnic Today Comtex Delay in IPO Trades Not Uncommon AP Citi's bond, derivatives trades under scanner Reuters Nortel wants $10m bonuses back FT United says termination of pension funds likely AFP GM Dealers Cutting Orders? Reuters SEC sounds alarm on "breezy, intimate" stock touts Reuters Here's What Nobody Will Want to Discuss... Elliott Wave Short Interest Increases in August ~ Program Trading at 50% NYSE New oil highs spark gold rush Guardian The world's largest pile of gold still shines BBC Asia Pacific: No More Next Bubble? Morgan Stanley (Xie) Contracted foreign investment tops $1 trillion in China People’s Daily CSFB Gets Regulatory OK To Trade Derivatives In China Dow Jones NZ Watch: Generators, Govt Scramble To Plug Supply Gap Dow Jones Oil-thirsty China wants Yukos arm Times Online China Mobile suspends chinadotcom mobile services Reuters Senators Ask Where $8.8 Bln in Iraq Funds Went Reuters Iraq Chief Gives 'Final Warning' to Rebel Cleric NYT Fighting Rages CNN Allawi pledges not to attack Najaf shrine FT As Oil Prices Boil . . . Washington Post Oil speculators put even the masters of Opec in their place Times Online Soaring oil fuels fears of a corporate aviation disaster Independent Qantas raises fuel surcharge, blames rising oil prices AFP Airfares more expensive FAZ Inflating the oil crisis Spiked Thursday August 19 Crude treks to new heights, nears $49 CBSM Google Shares Surge Nearly 18 Percent AP GOOG Nasdaq says Google has not opened for trading Reuters “There were two trades, they should not have gone. The stock was not open for trading" Breaking The Buck And Passing It, Too Forbes