Cave's Headlines | Morning November 2, 2009

Japanese PM confirms Japan's Afghan support mission to end
Xinhua

TOKYO, Nov. 2 (Xinhua) -- Japan's Prime Minister Yukio Hatoyama confirmed on Monday that the government of his Democratic Party of Japan (DPJ) will not renew the mission refueling military vessels in the Indian Ocean in support of the U.S.-led conflict in Afghanistan. Hatoyama said at the Diet, Japan's parliament, that the nation would discuss future ways in which the nation can contribute to the stabilization of the region that would not involve military means.....

SeekingAlpha.com | On Bank Failure Friday (Nine Plus CIT)

November 02, 2009 - As an embarrassment to Treasury Secretary Geithner, the Chicago Tribune reported that one of the seized banks, Park National Bank was given $50 million by Geithner earlier in the day on Friday, which was intended to be used for low-income projects such as charter schools, health clinics and stores. OUCH.

From praise for their efforts in the community Friday morning to a padlock in the evening shows how our banking regulators don’t cooperate with each other. And Congress wants a Council of Regulators – How dumb is that?.....