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Global News Watch
Date Link Article
November 15, 2008 Emerging Powers Will Rule Bretton Woods 2
Newsweek
Emerging-market powers will define the new 'new world order.'
November 14, 2008 GM failure: The shockwave
CNNMoney
If General Motors declares bankruptcy, industry watchers say, the entire domestic auto industry could be badly hurt.
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.
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.
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.
November 13, 2008 Bailout Lacks Oversight Despite Billions Pledged
Washington Post
Watchdog Panel Is Empty; Report Is Unfinished
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.
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.
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.
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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