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Federal Reserve & Treasury Want Huge Bailout for "Worst Financial Crisis We'Ve Ever Seen"
Business  (tags: Federal Reserve, Treasury Department, economuy, financial crisis, mortgages, US government, taxpayer dollars, Congress, bailout )

RC
- 2898 days ago - nytimes.com
An unprecedented measure allowing the government to buy failing mortgages from banks & other lenders is under discussion right now between the heads of the Federal Reserve, the Treasury Department & leaders in Congress.
Saving the Motor City: Can It Be Done?
Business  (tags: Detroit, GM, Chrysler, Ford, Hona, UAW, autro industry, financial crisis )

RC
- 2862 days ago - online.wsj.com
Insightful look at how and why America's auto industry ended up where it is, perilously close to self-destruction, and what can be done to save it.
Still Have a Job? Hundreds of Thousands Are Losing Them
Business  (tags: unemployment, jobs, economy, financial crisis, layoffs )

RC
- 2861 days ago - nytimes.com
Merck, Yahoo, General Electric, Xerox, Pratt & Whitney, Goldman Sachs, Whirlpool, Bank of America, Alcoa, Coca-Cola, Detroit automakers & nearly all airlines: these are the companies that are about to cut thousands of jobs. Unemployment 6.1% & rising.
Puerto Rico Says It Cannot Pay Its Debt Setting Off Potential Crisis In The U.S.
Business  (tags: Puerto Rico, markets, bonds, financial crisis, higher borrowing, USA )

Dandelion
- 424 days ago - washingtonpost.com
The governor of Puerto Rico has decided that the island cannot pay back more than $70 billion in debt setting up an unprecedented financial crisis that could rock the municipal bond market and lead to higher borrowing costs for govts across the USA.
Elizabeth Warren's New Fight: Why Even the Tea Party Backs It!
Business  (tags: Banks, Elizabeth Warren, Too Big to Fail, Glass-Steagall, Wall Street, Editor's Picks, JPMorgan Chase, Financial Crisis, Sherrod Brown, David Vitter, John McCain, Business News, Politics News )

Judy sick
- 1135 days ago - salon.com
Banks that try to take private losses and pin them on taxpayers may have a new problem. Here's what you should know.
Gaza's Dying Bamboo Crafts Industry
Business  (tags: world, Israel, Palestine, Gaza, financial crisis, bamboo crafts, culture, society, business, consumers, economy, ethics, money, news, politics, humans, Entrepreneurs )

Carrie
- 487 days ago - al-monitor.com
Handmade bamboo furniture, which is part of the Palestinian identity, is endangered as the financial crisis is worsening in Gaza.
Calling Paulson's Bluff
Business  (tags: Bailout, Bailout Cost, Democrats, Economic Crisis, Economy, Financial Crisis, Hank Paulson, Henry Paulson, Henry Paulson Plan, Housing Bailout Bill, Lehman Brothers, Bush, McCain, Republicans, Neocons, PNAC, Wall Street Crisis, Business News )

Blue
- 2895 days ago - huffingtonpost.com
Paulson spent the past two weeks playing a game of chicken with firms like Lehman Brothers and AIG. Now he is playing even higher-stakes chicken with Congress and the economy.
PETITION: Tell the Next UK Prime Minister Money Should Be Created for Public Interest: Sign the Petition
Business  (tags: positive money, money creation, financial crisis, petition )

Evelyn
- 487 days ago - positivemoney.org
The same banks that caused the financial crisis currently have the power to create 97% of the UK's money. They've used this power recklessly, putting most of the money they create into property bubbles and financial markets. SIGN FOR POSITIVE MONEY
   

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