Reference from Wall Street Journal

[Business & Finance]

Dow Jones: 8083 Nasdaq: 1652 Oil: $52 Gold: $894

Banking institutions bolstered by capital infusions from government face intensified scrutiny from TARP’s oversight committee.

AIG’s financial products head said employee bonus may make wind-down of the unit more costly to taxpayers

Goldman Sachs is wrapping up $5.5b in commitment for a new fund to buy private-equity investments on the secondary market.

General Motors‘s plan for a brief stay in bankruptcy is likely to get challenged by bondholders who fear getting streamrolled.

Financial markets tied to environment have had mixed success. A market tied to greenhouse-gas emissions has doen better than one that rewards cuts in electricity.

Euro & US Dollar face volatility this week.


US ship Captain Phillip was rescued from the pirates.

Thai protesters clashed with troops in Bangkok amid a state of emergecy and after ex-leader Thaksin threatened to lead a revolution.

UN Security Council to approve a statement condemining N.Korea’s recent rocket launch and enforcing sactions.

China pledged $25b to aid Southeast Asian economies, including an infrastructure fund, loans and credits.

Obama plans to tell Western hemispheres that US is willing to discuss how to improve relations with Cuba but with stipulations.

Pope Benedict XVI said in an Easter message reconciliations is the only way to resolve Israeli-Palestinian conflict.