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Dow Drops 369.88 Points, Below 10000, Lowest level in 4 years, down 3.5%
"Oct. 6 (Bloomberg) -- Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to spread... 159 views | 8 comments | 39 recommendations
Main Street turns against Wall Street & Politicians BailOut
"NEW YORK (Fortune) -- In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of... Bush, a Georgie come lately, as always
Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...New US bailout planned
US lawmakers have been complaining that the federal government doesn't seem to have an overall master plan for dealing with the meltdown on Wall Street, seemingly selectively bailing out companies at random and...284 views | 0 comments | 0 recommendations
Bill Gates Is Richest Person in America...Again
No thanks to his failed Microsoft ads co-starring with Jerry Seinfeld, Bill Gates has "recovered his spot" as the richest man in America, by beating out Warren Buffett, with a net worth of 57 billion...475 views | 3 comments | 4 recommendations
Fortune 500 Takes Over BlogWorld
This doesn't surprise me but it's interesting to see the stats on this."Featured speakers at the pre-show event on September 19 include: John Andrews, Senior Marketing Manager - Emerging Media at Walmart Michael Brito, Social Media Evangelist at Intel Hilary Weber,... McCain fortune traced to organized crime
This is from World News Daily and Jerome R. Corsi, who is so often quoted by the right's charges against Barack Obama." ELECTION 2008 McCain fortune traced to organized crime Mob... 267 views | 7 comments | 38 recommendations
Federal Officials rescue AIG with $85 billion
Federal officials have said they will take an 80% stake in AIG in an $85 billion plan to prevent financial chaos all over the world.It was just announced that the Feds will attempt to resuscitate the crumbling... Wall Street on alert
"Wall Street on alert"Paulson readies the 'bazooka'
"Paulson readies the 'bazooka'Big buyers of Fannie Mae and Freddie Mac debt have been shying away. The Treasury secretary wants to coax them back.By Colin Barr, senior writerLast Updated: September 7, 2008: 9:56 AM EDT Special Report Rescue cost: The big...120 views | 1 comment | 2 recommendations
These homes for sale stink
"Why Fannie and Freddie matterMore Videos This boarded-up, bank-owned home is on the market in Milwaukee. On the inside, that Milwaukee home has been picked clean. Never before have there been so many squalid, dilapidated homes...The hottest new business jet
"The hottest new business jetFortune's Sue Zesiger Callaway hops a ride on the Hawker 4000, a $21 million aircraft that boasts cutting-edge avionics. Plus: Jet etiquette.By Sue Zesiger CallawayAugust 15, 2008: 5:20 AM EDTTake a ride in the Hawker 4000More Videos CEO Jim...Most firms pay no income taxes - Congress
Study finds that the majority of domestic and foreign corporations in the United States avoid paying federal income taxes."NEW YORK (CNNMoney.com) -- Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a...Truth, Lies and Berlusconi: Italy's playboy premier accused of nudity cover-up
Mr. Berlusconi (Mr. Untouchable) seems to be art lover. Believe it or not that is Mr. Berlusoni style."If there is any political leader on earth who would feel untroubled by the proximity of a lightly clad beauty,...Drivers shave off 9.6B miles in May
"NEW YORK (CNNMoney.com) -- Americans drove 9.6 billion fewer miles in May compared to a year earlier, according to a report from the Federal Highway Administration. The decline was the third-largest monthly drop since the agency, a division of the U.S. Department of...
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