CEOS DEFEND
Wall Street falls on Geithner announcement...
'WE ARE NOT GOING TO PUT OUT DETAILS, UNTIL WE GET IT RIGHT'...
'We will have to try things we've never tried before'...
Access to government resources is privilege not right...
California's Pain Only Beginning; Cuts to Parks, Schools and Roads...
Economic stimulus bill passes crucial Senate test: The vote late Monday was 61-36, one more than the 60 needed. The $827 billion bill is expected to pass the Senate on Tuesday.
New Bailout May Top $1.5 Trillion: The gravity of the financial crisis confronting the Obama administration will come into stark focus today when officials unveil a three-pronged rescue program that may commit up to $1.5 trillion in public and private funds, and possibly more, lawmakers and other officials said.
Dollar, Yen Rise as Geithner’s Plan Spurs Demand for Haven: The dollar and yen rose versus most of their major counterparts on bets Treasury Secretary Timothy Geithner’s financial recovery plan will fall short of reviving lending, increasing demand for a haven.
Key to success in the big bank bailout? Let 'em fail: One need not be a threat to the global financial system or be “too big to fail” in order to qualify for a handout. Just ask the lucky management of Flagstar Bancorp of Michigan, who, by sheer ineptitude in real estate deals, drove their company to the brink of collapse and their stock price down 97 per cent, and who were rewarded the other day with a $267-million (U.S.) cheque from Uncle Sam.
RBS to axe 2,300 jobs.. but still plans to pay out £1bn in bonuses to bankers
IBM Offers To Move Laid Off Workers To India: The climate is warm, there's no shortage of exotic food, and the cost of living is rock bottom. That's IBM (NYSE: IBM)'s pitch to the laid-off American workers it's offering to place in India. The catch: Wages in the country are pennies-on-the-dollar compared to U.S. salaries.
U.S. judges seek massive California prisoner release: Federal judges on Monday tentatively ordered California to release tens of thousands of inmates, up to a third of all prisoners, in the next three years to stop dangerous overcrowding.
Engdahl - 2 Years Recession Or 10 Years Of Hell - Vid
Wholesale Inventories Plunge Most In 17 Yrs
Brown Wants World Power For World Bank, IMF
Barky Says 'Full-Blown' Crisis - Asian Shares Fall
Barky Plans 'Aggregator Bank' For Toxic Assets
Failed Bank Bosses To MPs - 'We're Sorry'
State-Owned Banks Sued Over Bonus Denial
HBOS Sacked, Gagged Bank Whistleblower
Bullion Sales Record In Rush To Safety
New OPEC Threats To Cut Production
Japan Faces 'Unimaginable' Contraction
50% China's Toy Factories Close Down
UBS $22B Loss - Cuts Another 2,000 Jobs
Air Freight Drops - Global Economy Freezes
Europe Ambushes Germany On Debt Bailout
EU Tensions Over French Auto Bailout
GM Investing $1 Billion Stimulus In Brazil!
Geithner Delays Overhaul Of US Bank Bailout
SEC To Bury Madoff Case 'By Settlement'
$80M For UK Charities - $1 Trillion For Banks
Rothschild Bank To Advise US On Auto Mess
WTO Chief Warns Of Political Unrest
Chapman - Barky's Stimulus Political Playoff Plan
BoE - Grimmest Warning Yet On Economy
Brown Calls In Top Bank Bosses
Treasury To Pump Billions More Into Banks
Treasury Overpaid $78B To Troubled Banks
Taxpayer To Insure $800B 'Loan' Scheme
MP - 'Bring Back Guillotine For Bankers'
RBS Toxic Loans Boss Paid $80 Million
RBS To Pay Staff $2 Billion In Bonuses!
The Rise And (Almost) Fall Of US Banks
Where Has The US Bailout Money Gone?
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