Race to Rescue BEAR STEARNS...
Largest government bailout of securities firm....
Fed Invokes Little-Used Authority to Prevent Collapse...
'Vicious downward spiral'...
Bush Urges Patience...
Dollar falls below Swiss franc...
US pulls strings in deadly puppet show: One of the main precursors for this attack was Colombian President Alvaro Uribe's cosy relationship with the United States. Uribe would not have done what he did in Ecuador had he not been fully backed up by the Bush Administration.
Greg Palast: Eliot’s Mess: The $200 billion bail-out for predator banks and Spitzer charges are intimately linked
How Banks Track Your Money: Every Purchase On A Card Is Tracked To Find Possible Illicit Activity -- Like Eliot Spitzer's
IMF tells states to plan for the worst: Governments might have to intervene with taxpayers’ money to shore up the financial system and prevent a “downward credit spiral” from taking hold, the International Monetary Fund said
Irish banks may need life-support as property prices crash: The Dublin government appears to be almost powerless to prevent a severe downturn
Weak dollar costs U.S. economy its No. 1 spot: The U.S. economy lost the title of "world's biggest" to the euro zone this week as the value of the dollar slumped in currency markets.
U.S. faces severe recession: NBER's Feldstein: The United States is in a recession that could be "substantially more severe" than recent ones, National Bureau of Economic Research President Martin Feldstein said on Friday.
Bear Stearns gets emergency funds : US bank Bear Stearns has got emergency funding, in a move that raises fears that one of Wall Street's biggest names is on the verge of collapsing.
Stocks tumble on Bear Stearns rescue news: News that Bear Stearns Cos. was set to receive a financial rescue sent U.S. stocks into a freefall in early Friday trade, plunging the three major indexes more than 2% down before the market stabilized and moved off its lows.
Fears mount over US economy : The US economy has been hit by a new series of setbacks, with a slump in consumer spending, another drop in the dollar and oil prices hitting a new record increasing fears of recession.
Recession Time: How bad will this downturn get? No one can know because we've never experienced such a headlong slide in the housing market
Tent city highlights US homes crisis : The meltdown in the US mortgage market has led to record foreclosures and forced thousands from their homes. In few places is it worse than southern California, where the BBC's Rajesh Mirchandani reports on an extreme consequence of the downturn, but one that some observers fear could grow.
SWAT teams disperse crowd of hundreds awaiting housing applications: Judith Aigen, executive director of the housing authority, said the crowd surged forward when told applications only remained for the disabled. She said mothers with children and people in wheelchairs were nearly crushed.
Price Of Bread Goes Up : Prices for bread and pasta have jumped after flour costs doubled in less than a week. Cynthia Bowers reports on how manufacturers and consumers are feeling the real consequences of inflation.
Could we really run out of food?: Biofuel production, poor harvests and emerging nations' growing appetites are emptying the world's pantry, sending prices soaring. It's a good time to invest in agricultural stocks.
1 comment:
Hello. This post is likeable, and your blog is very interesting, congratulations :-). I will add in my blogroll =). If possible gives a last there on my blog, it is about the Celular, I hope you enjoy. The address is http://telefone-celular-brasil.blogspot.com. A hug.
Post a Comment