Date:
Mon, September 15, 2008 01:44:19 PMFrom:
Philly.com: Inquirer Business Update
Subject:
Inquirer Business Update: Ike sends Phila. region gas prices up
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Philadelphia Business Today
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Just when you thought it was safe to go back to a gas station, prices are going back up because of Hurricane Ike.
BUSINESS BLOGS
I'm not sure how many people in the Philadelphia area heard the news about Lehman Bros., Merrill Lynch and AIG this morning and decided to make major changes in their finances, but some must or you wouldn't hear all these commentators urging people to sit on their hands.
But we all play the investor, the saver and the borrower at various times during a year. So things to keep in mind right now:
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New York Gov. Patterson says AIG, the largest U.S.-based insurer, is "sound", and his state will let AIG raise $20 billion from its own subsidiaries to stave off a collapse. But many AIG subsidiares are insurers in PA, DE and other states. Will they sacrifice for corporate?
Today's Inquirer
Community investment also part of VP's new territory.
Charisse Lillie says Philadelphia is "really on the precipice of greatness."
Mayor Nutter is the real deal.
New developments will transform the waterfront.
Another anniversary of 9/11 last week brought back vivid memories of that beautifully sunny - and terrifying - morning seven years ago. Victims of the attacks were remembered, as they should be, in ceremonies across the country.
MORE FROM TODAY'S INQUIRER
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