Friday, June 06, 2008

More Dollar problems

AIRLINES CUT BACK ON FLIGHTS WHILE RAISING FARES...

Mortgaging America

By Eric J. Weiner

Investment funds run by foreign governments are keeping the U.S. afloat. Continue

US banks fear $5 trillion balance impact: Analysts at Citigroup warn the planned tightening of accounting rules for off-balance sheet vehicles would force US banks to reconsider arrangements and could result in up to $5 trillion (£2.5 trillion) of assets coming back on to their books

Bankruptcy toll increases: Nationally, the total number of bankruptcies filed in the first quarter rose 26.9 percent, to 245,695, compared with the year-ago period, according to data released Tuesday by the Administrative Office of the U.S. Courts.

Soaring diesel hurts truckers: Many are parking their rigs - or going bankrupt: In the first quarter of this year 935 trucking companies, about 2 percent of the nation's total, filed for bankruptcy

Obama Will Install The Carbon Tax

UK Housing Sliding Faster Than 90s Recession

Subprime Crash May Yield 2 Yr Credit Recession

Bernanke To Defend Dollar Vs Commodities

Withering Economy Evidence Is Everywhere

US Banks Hiding $5 TRILLION Off Balance Sheets

Is $135 New Crude Oil Benchmark?

Lehman Hedges Lose $500M To $700M In 2Q

UK House Builder Losses Soar



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