Sunday, January 04, 2009

More economic troubles.

DEM GOVS WANT $1T...

Obama Says Unemployment May Exceed 10% Without Rapid Steps on Economy...

Treasury to mull more CITI-style rescues...

NYC's famed Rainbow Room to close restaurant, citing economy...

STEEL INDUSTRY WANTS GOV'T MONEY...

Less than week to read the $1 trillion bill before voting?
Paulson blames global imbalances for credit crisis...

U.S. Debt Expected To Soar This Year: $2 Trillion Increase May Test Federal Ability to Borrow

U.S. could be facing debt 'time bomb' this year: Investors' thirst for American securities could finally be quenched

U.S. governors seek $1 trillion federal assistance: Governors of five U.S. states urged the federal government to provide $1 trillion in aid to the country's 50 states to help pay for education, welfare and infrastructure as states struggle with steep budget deficits amid a deepening recession.

Factories slash output, jobs around world: Factories in China and India joined much of Europe in slashing output and jobs at a record pace in December, another sign the biggest emerging markets were wilting under the recession gripping industrialized nations.

SEC Probing More Ponzi Schemes

New Consortium To Buy IndyMac For $14B

UK Faces Second Bank Bailout

Banks Defy Brown Call To Loosen Credit

Savers Facing No Interest Accounts

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

In Gold We Trust

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

Economists Warn Of Doom

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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