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 15th, 2008 - BCEE appoints Citi to provide integrated electronic execution and custody service

Citi strikes unique securities deal

Michel Birel, Deputy Chief Executive Officer, BCEE: Citi was selected to provide the service because of "the expertise of its professionals" and its "market leading brokerage and custodial capabilities in a wide and diverse range of markets".

Luxembourg based Banque et Caisse D'Epargne de L'Etat has appointed Citi to provide an integrated electronic execution and custody service that will allow BCEE to use a single counterparty to execute and settle trades in all major markets worldwide.

To provide the service, Citi will tap the capabilities of its capital markets and securities businesses as well as its proprietary custody branch network. The bank's technology systems will also play a major role - the service will use the bank's process automation platform in addition to its Lava Technology for market access and CitiConnectSM for securities.

By combining its smart order routing and asset servicing capabilities, the Citi is able to act as a single counterparty to execute, settle and provide custody in all major execution venues, the bank said, adding that the single execution and settlement model removed the operational risks and inefficiencies of dealing with multiple providers.

BCEE management board member Michel Birel said Citi was selected to provide the service because of "the expertise of its professionals" and its "market leading brokerage and custodial capabilities in a wide and diverse range of markets".

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