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November 12, 2008 |
Global Economic Tremors
Global Research (Ca)
On October 28, the Financial Times' columnist Martin Wolf wrote: "Preventing a global slump must be the priority." He cited Nouriel Roubini back in February listing "twelve steps to financial disaster," all of which the US took and dragged the whole world down with it. |
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November 12, 2008 |
Ahead of the Bell: American Express seeks $3.5B
Associated Press
American Express Co. is seeking $3.5 billion in funds under the government's plan to directly invest in financial firms, according to a Wednesday report in The Wall Street Journal citing unnamed sources. |
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November 12, 2008 |
Hard Times, But Big Wall Street Bonuses
CBS News
It's no secret that investment bankers are well-compensated, mostly through year-end bonuses, especially during bull markets. |
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November 12, 2008 |
American buying binge grinds to a halt
Int'l Herald Tribune
Just as one crisis of confidence may be ending, another may be coming. |
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November 12, 2008 |
G20 summit: New world order?
The Independent (UK)
Some G20 nations hope the weekend summit on financial reform will be a modern Bretton Woods, but can it make big decisions without Barack Obama? |
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November 11, 2008 |
Communist Party chief: U.S. on road to socialism
Worldnet Daily
Hailing Barack Obama's win as a victory for the "working class," the Communist Party USA is calling on the president-elect to carry out his promises, including his noted commitment to "spread the wealth." |
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November 11, 2008 |
Bailout in the desert
CNNMoney
As soaring oil prices enriched the Persian Gulf region in recent years, the United Arab Emirate of Dubai became the embodiment of global exuberance. Now even this boomtown has fallen prey to the credit crisis. |
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November 11, 2008 |
Hamas: We met Obama advisers
Worldnet Daily
Hamas held a meeting in the Gaza Strip several months ago with aides to President-elect Barack Obama, but the terror group was asked to keep the contacts secret until after last week's elections, according to a senior Hamas official. |
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November 11, 2008 |
No. 2 mall operator warns of bankruptcy
CNNMoney
General Growth Properties Inc., the No. 2 mall operator in the United States, has warned that an ongoing slump in retail sales, combined with the credit market lockdown, has pushed the company to the brink of bankruptcy. |
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November 11, 2008 |
Lesbians, condoms go wild in attack on Christian church
Worldnet Daily
Worshippers at a Bible-teaching church in Lansing, Mich., were stunned Sunday when members of a pro-homosexual, pro-anarchy organization named Bash Back interrupted their service to fling propaganda and condoms around the sanctuary, drape a profane banner from the balcony and feature two lesbians making out at the pulpit. |
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