Tuesday, November 29, 2011

Good to be Prepared

Here is a nice piece on what some companies are doing to prepare for a possible collapse of the Euro, or at least certain contries perhaps leaving the EU. Good to plan, but as certain companies are finding, there is not a lot they can do. Some stuff yes, but not a lot.

http://www.reuters.com/article/2011/11/30/us-euro-zone-contingency-idUSTRE7AS0H020111130?feedType=RSS&feedName=topNews&rpc=71&google_editors_picks=true

Also worth noting is Standard & Poors downgrading of a bunch of big banks. They announced this was coming, so no surprise, but tell that to the downgraded banks.

http://www.reuters.com/article/2011/11/30/sp-ratings-idUSN1E7AS23C20111130

Housing prices also dipped in September, after months of small increases. Go figure:

http://www.latimes.com/business/realestate/la-fi-home-prices-20111130,0,3352737.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fmostviewed+%28L.A.+Times+-+Most+Viewed+Stories%29

But hey, all is well, the Victoria's Secret Fashion show is on tonight:

http://popwatch.ew.com/2011/11/29/victorias-secret-fashion-show-reasons-to-watch-the-best-special-of-the-season/

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