CIT GROUP Drama...
Abu Dhabi, Singapore Strike Agreement With USA on Investing...
*Crisis averted...
SEC probing options activity in BEAR STEARNS...
BUBBLE TROUBLE: Bernanke's own house has lost $260K in value!
RISK: Gold at one-month low as investors shun commodities...
Oil drops below $100...
Dollars tough to sell: - The U.S. dollar's value is dropping so fast against the euro that small currency outlets in Amsterdam are turning away tourists seeking to sell their dollars for local money while on vacation in the Netherlands.
US economist calls financial crisis worst since 1930s: The current financial crisis is the worst the world has seen since the Great Depression of the 1930s and the US Federal Reserve move to cut interest rates will not make much difference, the Nobel Prize winning economist Joseph Stiglitz said on Wednesday
World trade decelerates almost to a standstill: Global trade slowed almost to a standstill over the new year, threatening to shrink for the first time since the US economy went into recession in 2001.
Lehman sees risk of double-dip U.S. recession: Investors already coming to grips with the prospect of a looming U.S. recession face the even bleaker notion of a "double-dip" economic downturn, U.S. investment bank Lehman Brothers (LEH.N: Quote, Profile, Research) said on Thursday.
Jim Rogers: FED is using taxpayers money to buy Bear Sterns Maseratis: Video
US leading index tumbles for fifth straight month: The US leading index fell by 0.3 per cent and six of the 10 economic indicators that form the index were down on the month, the New York-based Conference Board said.
Factory and other data adds evidence of recession: Evidence of a U.S. recession mounted today with reports showing Mid-Atlantic factory activity in its worst slump since the start of the Iraq war and more workers claiming jobless benefits.
Jobless benefit rolls hit 3-1/2 year high: The number of U.S. workers filing initial claims for unemployment aid climbed 22,000 last week, while the overall number on the benefit rolls hit a 3-1/2 year high a week earlier, the government said on Thursday
Dell to buy $52 bln components from China: Dell Inc (NasdaqGS:DELL - News) plans to buy $23 billion of components from China this year and $29 billion in 2009, helping it reduce costs while the company's main market, the United States, is facing recession.
LaRouche - 'Paulson Is 'F**king Incompetent'
Bernanke's Own Home Sinks $260K In Value
Bernanke - Fed Caused The Great Depression
Strange Silver Price Gyrations & Shortage
Gold In Biggest Drop Since June 2006
Stocks Sink On Commodities Slide
'Dollar Worth Maybe Zero' In Amsterdam
Fannie, Freddie To Pour $200B Into Mortgage Mkt
The Federal Reserve Is Destroying America
Morgan Eats Bear, Now Has $77 Trillion In Derivatives
Billionaire Moves To Stop JP Morgan Bear Takeover
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