Word: sentimentals
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...Sentiment was boosted by a 3.9% jump in the Dow Jones Industrial Average and by reports that the U.S. Treasury Department and Federal Reserve are discussing a massive plan to purchase soured mortgages from American financial institutions. Treasury Secretary Henry Paulson said after a late-night meeting in Washington that the plan, the details of which are still being worked out, is "aimed right at the heart of this problem." Markets also got a boost from the Sept. 18 announcement that the world's major central banks would inject $180 billion into global financial markets...
When a company's stock gets beaten down in the market, its CEO often clamors about how short sellers and unjustifiably negative market sentiment are to blame. That's not always the case, but on Sept. 17, John Mack may have had a point...
...border U.S. ground strike without prior Pakistani approval - a change approved by President Bush in July. That raid, which Pakistan's military says killed up to 20 people including civilians, triggered angry criticism across Pakistan. As the protector of his country's sovereignty and nervous about rising anti-American sentiment, Pakistan's army chief issued an unprecedented warning in response to the raid. "No external force is allowed to conduct operations inside Pakistan," Gen. Ashfaq Parvez Kayani said. The statement was cheered by an anxious public and, in a sign of the military's influence, it was echoed by leading...
...listened and left without voting. She still hasn't made up her mind, though she's now leaning toward Obama. "I'm very aware of what's going on and have paid attention, but I find it really hard to be trustful of politicians in general," she says. That sentiment is echoed by Beth Seidel, a factory worker in Cleveland who works the third shift so she can take her son to school and then to practices for the four sports he plays. Pausing recently at a Wal-Mart, she said, "Honestly, I don't know what...
...Number 1600 echoed her sentiment. When Aee, who holds an AIG-linked trust worth roughly $7000, was told about the assurance by AIG's Singapore management that his investment was protected, he replied skeptically, "I'm not so sure." He said if he managed to get inside the insurer's besieged offices - which looked like it could take him another 10 hours - he planned to "cash out" his entire investment. "There's nothing like cash in your hands," he said...