AIG

UPDATE 1-U.S. bank group says worried that Treasury overspent 3:35pm EST

WASHINGTON, Jan 7 (Reuters) - A top bank industry group said on Wednesday it is concerned that the U.S. Treasury Department has overspent available rescue money, leaving the capital injection program for the nation's banks underfunded.  Full Article

 
U.S. bank group says worried that Treasury overspent 3:18pm EST

WASHINGTON (Reuters) - A top bank industry group said on Wednesday it is concerned that the U.S. Treasury Department has overspent available rescue money, leaving the capital injection program for the nation's banks underfunded.  Full Article

 
US bank group says worried that Treasury overspent 2:30pm EST

WASHINGTON, Jan 7 (Reuters) - A top bank industry group said on Wednesday it is concerned that the U.S. Treasury Department has overspent available rescue money, leaving the capital injection program for the nation's banks underfunded.  Full Article

 
US copper settles lower on grim economic outlook 2:25pm EST

NEW YORK, Jan 7 (Reuters) - U.S. copper futures closed down 4.5 percent on Wednesday as dreary labor statistics and continued concerns about economic prospects triggered selling and stopped a rally linked to the rebalancing of commodity indices, analysts said.  Full Article

 
Obama plans to keep Republican FDIC chair Bair: report 2:25pm EST

WASHINGTON (Reuters) - Democratic President-elect Barack Obama intends to retain Federal Deposit Insurance Corp head Sheila Bair, who has pushed for fast mortgage modifications, according to a report on Wednesday.  Full Article

 
UPDATE 1-Obama plans to keep Republican FDIC chair Bair-WSJ 2:21pm EST

WASHINGTON, Jan 7 (Reuters) - Democratic President-elect Barack Obama intends to retain Federal Deposit Insurance Corp head Sheila Bair, who has pushed for fast mortgage modifications, according to a report on Wednesday.  Full Article

 
US copper opens lower in pull-back from 2009 rally 10:43am EST

NEW YORK, Jan 7 (Reuters) - U.S. copper futures lost more than 4 percent of their value early Wednesday as investors booked profits from a 15 percent new-year rally in anticipation of index funds rebalancing their portfolios.  Full Article

 
Gold falls on firmer dollar 2:26am EST

TOKYO (Reuters) - Gold fell on Wednesday as a stronger dollar versus the euro and gains in share prices reduced bullion's allure as an alternative asset, while platinum extended its rise to a 12-week high.  Full Article

 
PRECIOUS-Gold falls on firmer dollar, platinum extends gains 2:25am EST

* SPDR Gold Trust's bullion holdings hits record  Full Article

 
PRESS DIGEST - Wall Street Journal - Jan 7 12:02am EST

Jan 7 (Reuters) - The following were the top stories in The Wall Street Journal on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.  Full Article