Treasury to mull more CITI-style rescues...
DEM GOVS WANT $1T
Stocks in Best Start to Year Since 2003...
STEEL INDUSTRY WANTS GOV'T MONEY...
Congress faces 'intense' start...
Less than week to read the $1 trillion bill before voting?
The Crisis of Common Sense:
Is It So Difficult To Understand The Financial Crisis?
By Matthias Chang
Many have expressed to me that they are overwhelmed by the complexity of the global financial tsunami and are absolutely confused as to how to prepare and survive the crisis. When I explained in simple terms, they refused to accept the explanations as to them “it was too simple. It must be more complicated as otherwise how can the crisis become a global fiasco? Continue
10 Reasons to be Hopeful about 2009
3 Reasons to be Terrified
By Sarah van Gelder
We’re entering a new year at a time unlike any other in recent memory. Here are 10 reasons I’m filled with hope as I look ahead at 2009—and three reasons I’m terrified. Continue
Bank of America, Wells close mergers as banking transforms: Bank of America Corp completed its purchase of Merrill Lynch & Co and Wells Fargo & Co finished buying Wachovia Corp, the latest sea changes in a transformed banking industry facing dire economic times ahead.
Survey: Recession will worsen in the months ahead: The recession will worsen and unemployment rates will likely soar in nine Midwest and Plains states over the next few months, but a new survey of business leaders suggests the region may fare better than the nation as a whole.
Chrysler Gets Initial $4 Billion Loan From Treasury : Chrysler LLC, burning through cash as sales slide, received $4 billion in an initial loan from the U.S. Treasury to help stave off a collapse that could worsen a recession.
US Manufacturing Slumps To 1980 Low
Gulf Council To Create New Currency
2008 Humiliating For Investors - Outlook Grim
Ten Major Threats Facing Dollar In 2009
GMAC Bailout - A Sign of the Times
US Govt Sanctioned Gold Price Manipulation
US Treasury Making Subprime Auto Loans
Thrift Stores Boom In Fading Economy
Waste Not - Lessons From 1940s Austerity
US Takes Control Citigroup Expenses
True Scale Of Pension Fund Losses Hidden
Microsoft To Announce 15,000 Job Losses
UK Home Prices In Record Drop In 2008
BofA Buys Merrill, Wells Fargo Buys Wachovia
Mass Unemployment To Take Center Stage
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