BLACK SUNDAY...
LEHMAN GOES BUST...
LIQUIDATE...
Feds Balk at putting up taxpayer money...
CEO hubris contributed to meltdown...
BANK OF AMERICA reaches deal to buy MERRILL LYNCH for $50B...
Abu Dhabi to 'wait and see' on troubled banks...
PRESSURE BUILDS
Greenspan: USA in 'once-in-a-century' financial crisis...
Banks said to unveil plan to restore confidence...
Bid for Calm...
No final act in sight for financial crisis...
Record Corporate Bailout Reveals the Bankruptcy of American Capitalism
By Barry Grey
The US government takeover of the mortgage finance giants Fannie Mae and Freddie Mac has dealt a shattering blow to the ideology of market capitalism, which has been used for decades to justify a relentless assault on the working class and a vast transfer of wealth to the American ruling elite. Continue
US economy: Retail sales slump as consumers tighten their belts: Analysts had expected sales to rise by 0.3% last month but data from the Commerce Department today showed a fall of 0.3%. This is the second month in a row that sales have declined, and the figure for July was also sharply revised, to a drop of 0.5%. It had previously been reported as a 0.1% fall.
Warning: 30 airlines will go bust this year: Up to 30 more airlines will go bankrupt before Christmas, the chief executive of British Airways warned yesterday, as the biggest rescue of stranded passengers in travel industry history began.
B Of America Will Buy Merrill To Save It
AIG Asks Federal Reserve For $40B Loan
Lehman Bros To File For Bankruptcy
The Housing Crisis - From Trap To Assimilation
Airlift For 85,000 After UK Airline Collapse
European Finance Ministers Dismiss Recession
Fed Meets Wall Street Chiefs Over Lehman Crisis
Warning - 30 Airlines Will Go Bust This Year
WaMu, Lehman Shares In Race To Bottom
Bailouts Will Push US Into Depression
Feds Arrange Sale Of Lehman Corpse
Fannie/Freddie $5T Debt Into Fed Budget?
50% Of BofA's Builder Loans 'Troubled'
Lehman Rescue Plan And $3.9B Record Loss
'Tens Of Thousands To Be Laid Off Every Week' - BoE
UAL Shares Fall 75% After Google Posts Old BK Story
Fitts - US Problem Is Not Economic, It's Political
Lehman Brothers Worth A Big Fat ZERO?
Fannie, Freddie Bailout Doomed
OPEC Cuts Output To Keep Oil Above $100
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