*Stocks not swayed by global rate cuts*

*NEW YORK (Reuters) - Stocks fell in volatile trading on Wednesday as
investors feared that coordinated rate cuts by global central banks,
including the Federal Reserve, would fail to unfreeze the credit markets and
avert a global recession.*

Nah lo .....
Udah, penghuni wall st jadi model playboy ajah!
*
**If you've recently been laid off from your six-figure job at a top Wall
Street investment and haven't been able to find anything on Monster.com,
your search is over: Playboy (NYSE: PLA) has you covered. The magazine is
looking for models for an upcoming "Women of Wall Street" feature. *

*Gary Cole, Playboy's photo editor, told Reuters that "It would be more
interesting to have someone who's a financial analyst." Compensation will be
determined in part by how many people apply for the "positions."*
http://www.bloggingstocks.com/2008/10/02/playboy-looking-for-wall-street-women/

Salam,
Cumi, Cuma Mimpi

*Reuters*
Stocks not swayed by global rate
cuts<http://biz.yahoo.com/rb/081008/business_us_markets_stocks.html>
Wednesday October 8, 11:04 am ET
By Ellis Mnyandu

NEW YORK (Reuters) - Stocks fell in volatile trading on Wednesday as
investors feared that coordinated rate cuts by global central banks,
including the Federal Reserve, would fail to unfreeze the credit markets and
avert a global recession.

ADVERTISEMENT
 Adding to Wall Street's nervousness, the third-quarter earnings season
started poorly after Alcoa Inc reported a lower-than-expected profit late on
Tuesday and said it was halting major capital projects in the face of
uncertain markets.

With financial markets awash with signs that credit markets remained
effectively gridlocked, investors also sold off financial shares, sending
Citigroup down 4 percent to $14.44 and Bank of America down 8 percent to
$21.77.

The S&P financial index was off 1.2 percent.

"What's hurting things right now is a crisis in confidence - people are not
willing to lend," said Peter Jankovskis, director of research at OakBrook
Investments LLC in Lisle, Illinois. "It's not that the rate terms are not
favorable, they're just scared to death that they'll never get the money
back."

The Dow Jones industrial average slid 138.91 points, or 1.47 percent, to
9,308.20. The Standard & Poor's 500 Index fell 11.70 points, or 1.17
percent, to 984.53. The Nasdaq Composite Index declined 16.90 points, or
0.96 percent, to 1,737.98.

Bank of America shares were among those dragging down the Dow, falling for a
fifth straight day. It was their longest streak of losses since an 8-day
slide that in June-July.

Alcoa dropped 18 percent to $13,77.

In other earnings news, agricultural technology company Monsanto Co posted a
smaller quarterly loss as growing herbicide and seed sales helped offset
seasonal weakness and increased research and development costs. Its shares
rose 6 percent to $78.56.

The rate cuts came on the heels of a global rout that slammed Asia, where
the Nikkei slid more than 9 percent, and declines in Europe, where fallout
from the credit crisis prompted Britain to pump $87 billion of emergency
capital to shore up its banks.

(Additional reporting by Leah Schnurr; Editing by Kenneth Barry)

Kirim email ke