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November 13, 2008 |
Consumer debt gets bailout attention
CNNMoney
Paulson says Treasury will broaden reach to include non-bank financial firms and seek out private capital to match U.S. funds. |
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November 13, 2008 |
Developed world in recession - report
CNNMoney
International economic organization says GDPs of Europe, the U.S. and Japan will contract in 2009. |
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November 13, 2008 |
Congress probes hedge fund industry
CNNMoney
Rep. Waxman examines 'virtually unregulated' hedge fund industry, in House committee testimony featuring industry player George Soros. |
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November 13, 2008 |
Bailout Lacks Oversight Despite Billions Pledged
Washington Post
Watchdog Panel Is Empty; Report Is Unfinished
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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 ecstatic over '08 election results
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." |
