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The word that comes to mind is: capitulation
In a totally anecdotal, non-scientific poll, CNBC's John Carney calls more than 20 of his Wall Street friends and finds resignation and despair where support for Mitt Romney once thrived.
"It's a shame really," says an anonymous investment banker. "He had the momentum. Then Sandy overtook him. Now we have Chris Christie hugging Obama. Game over."
Israel, Potash to meet over ICL bid
Israeli officials plan to meet executives of Potash Corp. within the week before deciding on whether to allow the fertilizer producer's proposed $13.5-billion takeover of Israel Chemicals.
Flaherty talks state-run takeovers at G20
Finance Minister Jim Flaherty had some "good discussions" with his G20 counterparts on how to cope with the issue of investments by foreign state-owned firms.
CN Rail teams up Arc for Alabama terminal
Arc Terminals LP will partner with Canadian National Railway to build a rail tank-car unloading terminal in Mobile, Alabama, for Canadian oil shipments destined for Gulf Coast refineries.