Bush - in answer to how high unemployment will go - "too high; anybody unemployed is too much"
::
NY FED Offers $50bln via TSLF Options Program
::
Bush - ...And I can't guarantee that we'll get all our money back, but it's conceivable we could"
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Bush sat in room 4-5wks after AIG bailout Paulson, Bernanke urged action to avoid "depression greater than the Great Depression"
::
LEH's Neuberger sale getting less likely as bond issuance dries up
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Citi will issue FDIC backed bonds; Proceeds for "corporate purposes"
::
Dow Futures Testing 8200
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Equities Continue to Make New Lows, S&P Down 7.5% to 829
::
Shoppertrak Sees Further Slowing of Sales Levels This Week
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Black Saturday Sales Fell 0.8% Compared to Black Saturday Last Year-- Shoppertrak
::
Combined Black Friday/Saturday Sales Increased 1.9% vs. Last Year
::
Paulson - Only if we have freedom to fail can we have freedom to suceed; need full suite of authority; need updated infrastructure to deal with CDS
::
Shoppertrak's Retail Traffic Index Fell 18% on Black Friday Compared to Black Friday Last Year
::
Paulson - we need to get to the place where no institution is too big to fail
::
Paulson - some of the things I have been part of have been very, very objectionable but necessary
::
Paulson - We don't want to rush to quick conclusion on changes; need to get thru the problems first
::
Paulson - so much of the mortgage product was poorly underwritten was done at state level
::
Paulson - globally architecture is woefully outdated; more needs to be done there; need to understand global imbalances, huge flows of capital
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Paulson - FED should have macro-stability role; ability to look at hedge funds; there would need to be some charter for hedge funds
::
Paulson - very clear U.S. regulatory system outmoded, outdated; lack of authorities to deal w/ non-banking institutions
::

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Automated Trader has been on the move recently. As visitors to automatedtrader.net will know, we were in Dubai for the first Trade Tech Middle East, and before that, we were in New York for SIFMA and London for IDX. Here, we take the opportunity to celebrate three of the main events in what has been a busy Summer for the industry.

Showtime!

Summer in the City! Delegates arrive at The Brewery in London for IDX 2008. Ahead of them were two packed days of meetings, conference sessions, networking, competitions, parties and entertainment. Unfortunately, the Automated Trader editorial team was lurking in the undergrowth to spoil it all by providing live online coverage of the event.

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TradeTech 2008 Videos

tradetech 2008 preshow

Tradetech 2008 Pre-Show

Mohammed Jamal of Mubasher

Jerry Lees of CA Chevreux

credit suisse aes

Guy Cirillo of Credit Suisse AES

a day in the life

Shuaa Securities Abu Dhabi

Fantastic Food

...Fantastic Food

Ciara Mallon of WBR

WBR's Ciara Mallon

KMEFIC

Abdulaziz Y. Al-Babtain of KMEFIC

SIFMA 2008 Audio IDX 2008 Audio

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