Goldman Sachs and Morgan Stanley, have received approval from the Federal Reserve, to become bank holding companies, in essence banks,
which will be able to recive deposits from the public. These were the last two remaining, independent, financial investment institutions.
The plan to try to fix this financial mess in the United States, continues with the Congress working through the details of the seven hundred billion dollar bailout. In the meantime, the stock market in the United States fell three hundred and seventy two points. People are very worried, as to how this crisis is going to affect them, their life savings and pension funds.
The United States Golf team, won the Ryder Cup against, the European team, on Sunday, at the Valhalla Golf Club, in Louisville, Kentucky.
This is the first win since 1999, by the United States team, and the largest margin of victory since 1981.
Paul Azinger was the Captain of the American team, and Nick Faldo was Captain of the European team, Azinger requested and got conceesions as to how he wanted to guide the team, and the consenus was that his work with the team ,was what ultimately lead to the victory. Jim Furyk was the team member who was the sealer of the deal, after his opponent, Miguel Jimenez conceded their match to Furyk, after a very close shot by Furyk, on the seventeenth hole. The final score was 16 1/2 to 11 1/2, in favor of the United States.
Judge rules, that Dan Rather, can sue his former employer, for firing him from the "Evening News".
For interesting reading, go to: www.socyberty.com/writers/quiet+voice.8137
Have a great day and a better evening!
