Wednesday, December 3, 2008

SOMALI PIRATES


* SOMALI PIRATES APPLY TO BECOME BANK, AIM TO ACCESS TARP.

* PAULSON: TARP PIRATE EQUITY IS AN ‘INVESTMENT’ - WILL PAY OFF

* KASHKARI SAYS ‘SOMALI PIRATES ARE ‘FUNDAMENTALLY SOUND’ ‘

* MOODYS UPGRADES SOMALI PIRATES TO AAA

* SOMALI PIRATES IN DISCUSSION TO ACQUIRE CITIBANK

* FED OFFICIALS: AGGRESSIVE EASING WOULD CUT SOMALI PIRATE RISK

* FED AGREED NOV 2 TO TAKE ‘WHATEVER STEPS’ NEEDED FOR SOMALI PIRATES.