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	<title>Raw Finance</title>
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	<description>Common sense economic and financial industry analysis for everyone, from banking and investment professionals to individual investors.</description>
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		<title>Raw Finance</title>
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		<title>ISM Services Index for August 2010 Falls</title>
		<link>http://rawfinanceblog.com/2010/09/03/ism-services-index-for-august-2010-falls/</link>
		<comments>http://rawfinanceblog.com/2010/09/03/ism-services-index-for-august-2010-falls/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 17:46:28 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Services Index]]></category>
		<category><![CDATA[ISM Non-Manufacturing Index]]></category>
		<category><![CDATA[ISM Services Index]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2652</guid>
		<description><![CDATA[The Institute for Supply Management™ reported that economic activity in the non-manufacturing sector of the U.S. economy grew at a much slower pace in August, but still marked the eighth consecutive month of expansion. The Non-manufacturing ISM Report on Business® registered 51.5 percent in August, a decline of 2.8 percentage points from the July reading [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2652&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>August 2010 Nonfarm Payrolls Drop 54,000 Jobs</title>
		<link>http://rawfinanceblog.com/2010/09/03/august-2010-nonfarm-payrolls-drop-54000-jobs/</link>
		<comments>http://rawfinanceblog.com/2010/09/03/august-2010-nonfarm-payrolls-drop-54000-jobs/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 12:54:13 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Employment Report]]></category>
		<category><![CDATA[Employment Statistics]]></category>
		<category><![CDATA[Non-Farm Payroll]]></category>
		<category><![CDATA[Unemployment Rate]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2650</guid>
		<description><![CDATA[Nonfarm payroll employment changed little (-54,000) in August, and the unemployment rate was about unchanged at 9.6 percent. Government employment fell, reflecting a decrease of 114,000 temporary jobs associated with the decennial census. Private-sector payroll employment continued to trend up modestly (+67,000). The average workweek for all employees on private nonfarm payrolls was unchanged over [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2650&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://rawfinanceblog.com/2010/09/03/august-2010-nonfarm-payrolls-drop-54000-jobs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>FDIC Releases 2Q 2010 Quarterly Banking Profile</title>
		<link>http://rawfinanceblog.com/2010/09/02/fdic-release-2q-2010-quarterly-banking-profile/</link>
		<comments>http://rawfinanceblog.com/2010/09/02/fdic-release-2q-2010-quarterly-banking-profile/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 14:43:46 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Federal Deposit Insurance Corporation]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2642</guid>
		<description><![CDATA[The Federal Deposit Insurance Corporation has released the second quarter 2010 FDIC Quarterly Banking Profile (QBP). FDIC-insured institutions reported an aggregate profit of $21.6 billion in the second quarter of 2010, a $26 billion improvement from the $4.4 billion net loss the industry posted in the second quarter of 2009. This is the highest quarterly earnings total [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2642&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>ISM Manufacturing Survey for August 2010 Generally Positive</title>
		<link>http://rawfinanceblog.com/2010/09/02/ism-manufacturing-survey-for-august-2010-generally-positive/</link>
		<comments>http://rawfinanceblog.com/2010/09/02/ism-manufacturing-survey-for-august-2010-generally-positive/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 13:49:22 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Manufacturing Index]]></category>
		<category><![CDATA[ISM Manufacturing Survey]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2638</guid>
		<description><![CDATA[The manufacturing sector continued its expansion, now in its 13th consecutive month, in August according to the Institute for Supply Management™ in the latest Manufacturing ISM Report on Business®. The purchase managers index rose to 56.3 percent in August, up from 55.5 percent in July. A reading above 50 percent generally indicates expansion. Of the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2638&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Ireland May Extend Bank Liabilities Guarantee</title>
		<link>http://rawfinanceblog.com/2010/09/02/ireland-may-extend-bank-liabilities-guarantee/</link>
		<comments>http://rawfinanceblog.com/2010/09/02/ireland-may-extend-bank-liabilities-guarantee/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 13:32:52 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Central Banks]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Ireland]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2636</guid>
		<description><![CDATA[The Irish government’s guarantee of bank liabilities, which kept the financial system from collapsing in September 2008, is poised to end at the end of the year. The government has indicated that it will try to extend the guarantee, as it discusses the future of Anglo Irish Bank, which, along with Allied Irish Banks, is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2636&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://rawfinanceblog.com/2010/09/02/ireland-may-extend-bank-liabilities-guarantee/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">rawfinance</media:title>
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		<title>Build America Bonds: Good for Municipalities, But What About Investors?</title>
		<link>http://rawfinanceblog.com/2010/09/01/build-america-bonds-good-for-municipalities-but-what-about-investors/</link>
		<comments>http://rawfinanceblog.com/2010/09/01/build-america-bonds-good-for-municipalities-but-what-about-investors/#comments</comments>
		<pubDate>Wed, 01 Sep 2010 16:12:06 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Build America Bonds]]></category>
		<category><![CDATA[Municipal Bonds]]></category>
		<category><![CDATA[Personal Finance]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2627</guid>
		<description><![CDATA[Build America Bonds (BABs) have reduced financing costs for municipalities, but traditional tax-exempt bonds continue to offer individual investors more attractive after-tax yields, according to a study by the National Bureau of Economic Research (NBER). The research shows that state and local governments saved an average of 54 basis points each year by issuing BABs [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2627&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://rawfinanceblog.com/2010/09/01/build-america-bonds-good-for-municipalities-but-what-about-investors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>EU Working on Derivatives Laws</title>
		<link>http://rawfinanceblog.com/2010/09/01/eu-working-on-derivatives-laws/</link>
		<comments>http://rawfinanceblog.com/2010/09/01/eu-working-on-derivatives-laws/#comments</comments>
		<pubDate>Wed, 01 Sep 2010 13:40:55 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2625</guid>
		<description><![CDATA[The European Union is considering a draft law that would require traders to “report the details of any [over-the-counter] derivative contract” they have entered “no later than the working day following the execution.” Failure to do so could result in fines for the financial firm. “The penalties provided shall be effective, proportionate and dissuasive,” according [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2625&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://rawfinanceblog.com/2010/09/01/eu-working-on-derivatives-laws/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>FOMC Aug. 10, 2010, Meeting Minutes Show Reluctance Toward Resuming Large-Scale Asset Purchases</title>
		<link>http://rawfinanceblog.com/2010/08/31/fomc-aug-10-2010-meeting-minutes-show-reluctance-toward-resuming-large-scale-asset-purchases/</link>
		<comments>http://rawfinanceblog.com/2010/08/31/fomc-aug-10-2010-meeting-minutes-show-reluctance-toward-resuming-large-scale-asset-purchases/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 18:26:41 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Central Banks]]></category>
		<category><![CDATA[Federal Reserve Board]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Federal Open Market Committee]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2620</guid>
		<description><![CDATA[The Federal Reserve Board has released the minutes of the Federal Open Market Committee (FOMC) meeting of Aug, 10, 2010, which show committee members wrangling over whether, and how much, to initiate programs to add stimulus to the economic recovery.  While they ultimately decided to reinvest repayment of the asset-backed securities that the Fed had [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2620&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">rawfinance</media:title>
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		<title>SIFMA Files Amicus Brief in Adverse-Event Disclosure Case</title>
		<link>http://rawfinanceblog.com/2010/08/31/sifma-files-amicus-brief-in-adverse-event-disclosure-case/</link>
		<comments>http://rawfinanceblog.com/2010/08/31/sifma-files-amicus-brief-in-adverse-event-disclosure-case/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 17:54:33 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Securities]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2618</guid>
		<description><![CDATA[On Aug. 27, 2010, the Securities Industry and Financial Markets Association (SIFMA) filed an amicus brief (also known as a “friend of the court” brief) with the U.S. Supreme Court in the case of Matrixx Initiatives v. Siracusano, 585 F.3d 1167 (9thCir 2009). In the Matrixx case, the U.S. Court of Appeals for 9th Circuit [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2618&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://rawfinanceblog.com/2010/08/31/sifma-files-amicus-brief-in-adverse-event-disclosure-case/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>Home Prices Gain in June 2010, But Recent Indicators Ominous: S&amp;P Case-Shiller Home Price Index</title>
		<link>http://rawfinanceblog.com/2010/08/31/home-prices-gain-in-june-2010-but-recent-indicators-ominous-sp-case-shiller-home-price-index/</link>
		<comments>http://rawfinanceblog.com/2010/08/31/home-prices-gain-in-june-2010-but-recent-indicators-ominous-sp-case-shiller-home-price-index/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 13:25:52 +0000</pubDate>
		<dc:creator>Gregg D. Killoren</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[S&P 500 Case-Shiller Home Price Index]]></category>

		<guid isPermaLink="false">http://rawfinanceblog.com/?p=2613</guid>
		<description><![CDATA[In the latest report on the housing industry, the S&#38;P Case-Shiller® Home Price Index® for June 2010 showed the 10-City Composite posting a +5.0 percent annual growth rate, compared to +5.4 percent in May, and the 20-City Composite was up 4.2 percent, versus its +4.6 percent May print.  These may sound like great numbers, but [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rawfinanceblog.com&amp;blog=5015285&amp;post=2613&amp;subd=rawfinance&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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