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Global News Watch
Date Link Article
December 16, 2008 Barack Obama-san
Wall Street Journal
As January 20 nears, Barack Obama's ambitions for spending on the likes of roads, bridges and jobless benefits keep growing.
December 15, 2008 Top banks admit huge losses in Wall Street 'pyramid' fraud
Breitbnart.com
Top world financial groups on Monday revealed massive potential losses from an alleged scam run by Wall Street trader Bernard Madoff...
December 15, 2008 Scam victims: Finance giants count losses
CNNMoney
List of potential victims in what is said to be a massive Ponzi scheme run by money manager Bernard Madoff continues to grow.
December 15, 2008 Lawsuit Filed Against Treasury Dept: Stop AIG Bailout Financing Terrorism
Miscellaneous
A federal lawsuit was filed this morning against U.S. Treasury Secretary Henry M. Paulson, Jr. and the Federal Reserve Board to stop all bailout funds from...
December 15, 2008 Bankruptcy filings rise 30% this year
CNNMoney
The government fielded more than 1 million bankruptcy cases in its 2008 fiscal year, but filings remain below 2006 levels.
December 15, 2008 Economic Storm Batters Argentina's Breadbaske
Washington Post
While subsidies and low-interest loans sustain American farming, Argentina's government raises export taxes and calls the country's farmers greedy traitors...
December 14, 2008 Ecuador default: Fears grow that others will follow
Telegraph (UK)
Bond traders in Latin America are braced for stormy week after Ecuador became the first country – apart from the Seychelles – to default...
December 14, 2008 Sovereign wealth funds from Asia to shun Western institutions
Telegraph (UK)
Western institutions should abandon all hope of Asia's wealthy sovereign wealth funds coming to their rescue any time soon,..
December 14, 2008 Senate scandal snares Obama’s chief aide
TimesOnline (UK)
THE bullish, foul-mouthed but effective Chicago arm-twister Rahm Emanuel has come under pressure to resign as Barack Obama’s chief of staff after it was revealed...
December 12, 2008 Fed Refuses to Disclose Recipients of $2 Trillion
Bloomberg
The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and...
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