Stress-Test Results Are Delayed by Fed as Examiners, Banks Debate Findings...
.S. Commerce Department: U.S. economy worst in 50 years: It's official. The United States is mired in its worst economic downturn in half a century, the U.S. Commerce Department reported Wednesday. Data released by the department show that the U.S. economy shrank by 6.1 percent during the first three months of the year – a full percentage point worse than what analysts polled by Thomson Reuters had been predicting.
Chrysler to File for Bankruptcy: U.S. officials had offered Chrysler's secured lenders $2.25 billion in cash if they would agree to writedown the $6.9 billion in secured debt that the company owed. But a small group of hedge funds refused the 11th-hour deal, forcing an imminent bankruptcy.
U.S. March Consumer Spending Fell More Than Forecast: Purchases decreased 0.2 percent after a 0.4 percent gain in February that was larger than previously estimated, the Commerce Department said today in Washington. Incomes fell for the fifth time in the last six months.
Germany Shrinks 6% - E-Zone Bank Deposits Dive
Europe's Age Crisis Begins To Bite
Bank Of Japan Slashes Forecasts
New Zealand Cuts Rates To 2.5%
Gold Falls Under Very Large Sell Orders
UK Recession Could Spark Riots, Civil Disorder
London Bankers Due For £7B In Bonuses
UK Wages Fall Fastest In 60 Years
UK House Price /Gold Ratio - Bricks Vs Bars
Charities Forced To Chop 1,000s Of Jobs
Congress Approves $3.4 Trillion Budget
Google World's First $100 Billion Brand
Chrysler Talks Break Down - Bankruptcy Looms
Germany's Woes Spark Talk Of Weimar
Citigroup Scrambles To Try To Raise Capital
Bank Of England Tells Lenders To Stay Cautious
Citi And BoA Must Raise Billions In Extra Capital
Unions Could Own 55% Of Chrysler
US Govt May Take Control Of GM
BofA - Who Pays For Its Collapse?
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