FNM Also Suspends Foreclosures Thru January
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FRE Suspends All Foreclosures, Evictions of Occupied Homes Thru January 9, 2009
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S&P/TSX Down 765 Points, a 9% Decline to 7724 at Close
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10yr Yield Drops to 3.05% (Lowest Ever)
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Dell Beats in Q3 - 37 Cents/Share vs. 31 Estimated
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BoNY Cutting 4% (1,800 Jobs)
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Citi: Strong Capital Position, Liquidity --CNBC
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TSY - no other funds in TSY's temporary money mkt guarantee program rec'd a similar liquidation notice from the SEC
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TSY's Exchange Stabilization Fund will buy any remaining securities in The Reserve Fund at amortized cost
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TSY is helping The Reserve Fund to ensure "order and timely" liquidation
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Office of Thrift Supervision says 225 banks seeking funds are pending Agency Review
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OTS says 1/3 of Thrift Banks have sought bailout funds
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TSY - The Reserve Fund's securities are s/t Gov't paper and FNM, FRE securities
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TSY will serve as 'buyer of last resort' for The Reserve Fund's securities
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30yr Yield Drops to 3.61% (Lowest Ever) on Biggest Day Drop Since Sep-01
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TSY had taken The Reserve Fund into the Temporary Guarantee for Money Market Funds program
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TSY says they agree to help liquidate fund due to "extraordinary and unique" circumstances
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TSY agrees to help liquidate The Reserve Fund's U.S. Gov't Fund
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Long Bond Up 5 Handles in Panic-Buying
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S&P Down 5.1% to 765, Lowest Since Apr-97
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September 8th, 2008: Charles River Development (Charles River), has announced that STANLIB Asset Management (STANLIB), South Africas third-largest investment manager with R340 billion (US$41.4 billion) under management (as of December 31, 2007), has selected the Charles River Investment Management System (Charles River IMS) to automate the investment management of its segregated and pooled fund operations for all asset classes. STANLIB users will benefit from extensive portfolio management tools, streamlined trade order management and real-time compliance testing and monitoring on a single integrated platform.

South Africa's STANLIB Selects Charles River Development to Automate Fund Management Operations for all Asset Classes

"STANLIB is committing to strengthening Africas position as a global competitor by advancing investment development and reform," said Shawn Smith, Chief Technology Officer, STANLIB Asset Management. "Charles River offers the technological infrastructure and local expertise we require to prepare for future growth and comply with todays client mandates."

"Charles River has served buy-side investment managers in South Africa since 2006, and was one of the first global front-office system providers in the region," said Jon Steward, Managing Director, EMEA, Charles River Development. "Our in-country experts work closely with clients throughout South Africa to meet their special requirements and create seamless interfaces with local providers." click here to return to the top of the page