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Business

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
- 2142 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
- 2106 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
- 2105 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.
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
- 380 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.
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
- 2139 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.
Bank Of America CEO To Be Grilled Over Bonuses: Who Approved $3.6 Billion Payout?
Business  (tags: Bank Of America, Bank Of America Bonus, BofA Bonuses, Economy, Financial Crisis, Ken Lewis, John Thain, Merrill Lynch, American taxpayers, Business News )

Blue
- 1981 days ago - huffingtonpost.com
Lewis is set to be confronted by the lawyers for New York Attorney General Anthony Cuomo this afternoon over his statements that he had "no authority" over $3.6 billion in bonuses paid to Merrill Lynch executives last December. Lewis and Thain DEAL!!!!
   

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