photo paper as CP Fund Adds New Opaque Layer to Pyramid Scheme: Mark Gilbert

This week, the U.S. Treasury bullied Prince and some of his Wall Street buddies into creating a new fund, the snappily named Master Liquidity Enhancement Conduit. M-LEC is designed to keep the Structured Investment Vehicle waltz upright by reviving the asset-backed commercial-paper market, which has shrunk by a quarter in the past 10 weeks amid a buyer's strike. .
Source link: http://www.bloomberg.com/apps/news?pid=20601039&sid=aBBDg8lSUmrM&refer=home

Stora s profit warning came only days after Finland s UPM-Kymmene Corp., the world s largest magazine paper maker, warned that its third-quarter earnings would be hit by higher wood costs and a strong euro. .
Source link: http://www.iht.com/articles/ap/2007/10/18/business/EU-FIN-COM-Finland-Stora-Enso-Outlook.php

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