Sunday, January 18, 2009

More economic troubles.



Obama team weighs government bank to ease crisis...

Florida Hedge-Fund Manager Disappears; Clients Report Missing Money...

Cost of the Bush era: $11.5 trillion: The outgoing administration has presided over 8 years of disasters and crises with some of the biggest price tags the nation has ever seen.

Investors dump $89B in U.S. securities in historic fire sale: As the global financial crisis grew more severe this summer, foreigners sold almost $90 billion of U.S. securities — the greatest quarterly fire sale by overseas investors since the government began keeping track in 1960.

China gives car makers a boost: The package includes the halving of sales tax on small cars and subsidies designed to revive the country's car industry, one of the pillars of the world's third-largest economy.

Barclays Shares Slump 25% In One Hour

US Gloom Deepens As Factory Output Tumbles

$400B More To Save UK Banks

Reviving World Economy Further Away Than Ever

The Recession Crimewave Grows

Bank Crisis Reignites As US Giants Post Massive Losses

British Banks Are Bankrupt

Honda Stops Production For Two More Months

Money Manager Goes AWOL - $350M Missing

Bailed Out Banks Operate In Tax Havens

Economic Depression Is Inevitable

Global Economic Demand Collapse, Bonds Next

Gold Rallies With Stocks

Merrill Lynch Reports Record $15B 4Q Loss

Markets Fear More US Bank Write Downs

No Evidence Madoff Traded A Single Share For Clients

Sharpest Output Fall On Way - UK Bank Chief

Democrats Unveil $825B 'Stimulus'

Another Fall In US Consumer Prices

Unsold Cars Pile Up Around World - Pics

Anglo Irish Bank Nationalised

ECB Cuts Eurozone interest rate to 2%

IEA Cuts Oil Demand Forecasts

Eurozone Exports Plunge

Citi Splits In Two - Reports $8.3B Loss

BoA Gets $138B Bailout After First Loss In 17 Yrs

Treasuries Fall On BoA Bailout

Circuit City To Sell Remaining Stores

Fiscal Lifejacket Or Money Down A Rathole

Motorola To Cut 4,000 More Jobs

Foreclosure Filings Up 81 Percent In 2008

ECB Rate Cut Expected - Crisis Worsens

JPMorgan Chief - 2009 To Be Bleak

BofA Wants More Bailout Money

Bullet Proof Vest Clad Madoff Bail Upheld

Fear Rampant - Barclays Cuts 2,100 More Jobs

Gannett Employees Face Week Without Pay

FTSE 100 Joins Global Rout Of Markets

UK Jobless Rise Of 40,000 In Just One Week

UK Car Buyers To Get Govt-Assisted Credit

Hedge Funds Encourage Bks For Profit

S&P Cuts Greece Credit Rating

Econ Crisis Stops Work On Dubai Skycraper

China Bails Out Steels, Car Industries



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