The News Review:
- Treasurys gain after jobless data auction
- Sotheby’s yanks 3 MLK papers from NY auction
- M2Z Urges FCC to Vote on Free Broadband Initiative Amidst Bush …
Treasurys gain after jobless data auction
MarketWatch
employment and a successful government auction of 10-year bonds. The Treasury sold $16 billion of 10-year bonds at a yield at 2. 67% the lowest-yield ever offered by the government in a 10-year auction a silver lining as the U. goes deeper into debt to pay for bailouts of banks mortgage-buying agencies insurers and possibly auto manufacturers. The previously lowest-yield auction was in March at 3.
Sotheby’s yanks 3 MLK papers from NY auction
The Associated Press
The outline and two other manuscripts which Sotheby's had planned to sell on behalf of entertainer Harry Belafonte Thursday Dec. 11 2008 has been pulled from the auction over objections by King's estate which disputes Belafonte's ownership of the works. Martin Luther King Jr. after his estate claimed the documents being sold by Harry Belafonte are estate property. Belafonte himself asked that the papers be withdrawn from Thursday’s sale said Lauren Gioia a Sotheby’s spokeswoman. The auction house did not comment further.
M2Z Urges FCC to Vote on Free Broadband Initiative Amidst Bush …
MarketWatch
(“M2Z”) today called on the Federal Communications Commission (“FCC”) to move forward with its scheduled December 18 2008 vote on a plan for a nationwide wireless broadband network that will provide all Americans with free broadband Internet using the AWS-3 spectrum. M2Z is poised to bid on the AWS-3 spectrum and build the nationwide free broadband network if the FCC votes on the 18th to proceed with the spectrum auction. On December 10 Commerce Secretary Carlos Gutierrez who is also the President’s principal adviser on telecommunications and information policy issues sent a letter to FCC Chairman Kevin Martin expressing opposition to Martin’s plan to move forward with the December 18 vote due to “price and product mandates. ” This is in stark contrast to the Bush administration’s goal that was outlined in a 2004 speech. President Bush said “I’m talking about broadband technology to every corner of our country by the year 2007.
Related from Managementmonster: Broadband Learning Corporation Reports 2008 Q3 Results Announces …