Senate Banking Committee Hearing On Auto Bailout Ends
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30yr Yield Drops to Record Low for 4th Day -- 3.0532%
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Stocks Off New Lows - S&Ps Down 4% at 833, Dow Down 3.5% at 8270
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'Not Persuaded' on Auto Bailout --Shelby on Bloomberg TV
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S&P Just Off Lows, Down 3.2% to 843
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Chrysler "More" Than Happy to Provide Assurances Taxpayers Will Get Money Back
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Citadel down 47% YTD - WSJ
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Nardelli - Cerbeus will provide security for taxpayer money
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GM Down 9.2%, Ford Unch As Bailout Hearings Continue
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S&P Cuts Sears from BB to BB-
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Frank, Kashkari sitdown on Thursday re TARP
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Chairman Frank Says Congress Would Reject 2nd Part of $700 Billion Bailout If Vote Held Today
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GM turned down Chrysler merger because market dropped, merger costs, public funding might have been available
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Nardelli - defending Cerbeus interest in Chrysler
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Chrysler CEO Nardelli - private equity is not a few rich guys taking over a company
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GM Stock Declining To Session Lows During Senate Bailout Hearing
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Canada's New Toyota Plant Will Create 1200 Auto Jobs
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Shumer-Congress Realizes Letting Big 3 Fail 'Catastrophic"
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Chrysler Needs $4 bln To Get Through March 31-CEO Nardelli
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Big 3 All Support Oversight Board In Loan Program
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September 23rd, 2008 - The Chicago Mercantile Exchange to become a member of the Linux Foundation

Chicago Mercantile Exchange Joins Linux Foundation

The Chicago Mercantile Exchange has announced that they have become a member of the Linux Foundation.

CME Group has been recognized as one of the financial services industry’s biggest users of Linux. It first realized the benefits of Linux in 2003 when it reported that by using the operating system it would save significant costs, increase reliability, and dramatically reduce the round-trip time of a trade transaction. Since then, broader use and newer versions of Linux coupled with match engine and application improvements have helped continue that trend.

In an industry where low latency is paramount, this reduction extended the fundamental savings of Linux by enabling more transactions to be made in a given day.

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