FED REFUSES TO IDENTIFY $2,000,000,000,000.00 BANK LOANS
BROKEN: CIRCUIT CITY FILES FOR BANKRUPTCY...
AIG Bailout Swells to $150 Billion as Insurer Reports Fourth Straight Loss...
SAVE THE CARS!
Auto Makers Force Bailout Issue...
Tough Sledding Ahead
Surviving A Coming USD Collapse
By Christopher Laird
The Two insoluble problems that will lead to a depression and ultimately the final USD collapse. Continue
Venezuela, Russia create $4b development bank: Caracas: Venezuelan and Russian officials have agreed to create a $4 billion joint development bank to finance gas production, aluminium mining and other projects, Venezuela's information ministry said on Saturday.
OPEC to cut supply in Dec if market unchanged - Iran: OPEC will cut oil output again if the trend towards lower prices and slowing demand growth are unchanged when the group meets in December, Iran's OPEC Governor Mohammad Ali Khatibi told Reuters on Sunday.
China okays $586 bln spending plan to bolster growth: By comparison, the United States sent out about $100 billion in tax rebate cheques this summer, while Germany last week agreed to a 50 billion euro pump-priming plan.
Help out automakers, Capitol Hill leaders say: Unless the government steps in, analysts warned, GM could face bankruptcy, endangering the livelihoods of about 100,000 North American autoworkers and hundreds of thousands of others whose jobs depend on the industry.
Worst retail sales trend since 1974 expected: "October will prove to be a disaster for retail sales, with only the discounters having anything to cheer about," wrote Avery Shenfeld, an economist for CIBC World Markets.
Dismal economic news — and it's certain to get worse: Friday's dismal news that the unemployment rate rose to 6.5 percent and employers shed another 240,000 jobs in October made it clear that the U.S. economy is now in recession.
Just 3 ‘superbanks’ now dominate industry: Sudden consolidation raises questions about regulation, consumer impact
States face unemployment cash crisis: Rising unemployment drains state trust funds, forcing them to borrow from Washington to continue paying claims.
Three Superbanks Remain - NWO Consolidation
Recession Starts UK Tax Revenue Black Hole
The Banks Are Lucky To Be Alive
Buffett's Berkshire Profits Down 77%
FDIC Seizes More Failed Big Banks
GM Running On Empty - Broke In 2009?
Banks Ease Credit For Selves, Not You
Main St Sucked Into GMAC Junk Bonds
Financial Meltdown Worse To Come
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