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neophyteblogger / Upcoming

Michigan Sweats GM-Chrysler Talks

A merger of General Motors Corp. and Chrysler LLC would land a heavy economic blow on Michigan, a state already battered by waves of home foreclosure[...] read more »
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Exelon Offers $6.2 Billion in Stock for NRG Energy, 37% Premium

Exelon Corp., the biggest U.S. operator of nuclear power plants, offered to buy NRG Energy Inc. for $6.2 billion in stock.
Exelon will pay $26.43[...] read more »
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China Jan-Sept GDP up 9.9 pct, global slowdown seen hurting growth

China's economy maintained 'steady and fast' growth in the first nine months of 2008, with GDP rising 9.9 pct, but the current volatility in the g[...] read more »
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Banking: From Bad To Worse?

JPMorgan Chase Chief Executive James Dimon plans to use the bank's $25 billion injection of capital from the Treasury Department to extend credit to[...] read more »
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Fed chief warns not to expect rapid recovery

Even if the US government's rescue plan succeeds in stabilising the financial markets, it will not produce a rapid turnround in the economy, Ben Ber[...] read more »
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No merry Christmas for eBay

Santa Claus won’t be coming to eBay this year. The online auction giant reported quarterly sales and profits late Wednesday that met expectations, bu[...] read more »
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Worsening Economic Outlook Triggers Another Stock Sell-Off

Troubling new signs of a deep economic malaise touched off some of the worst stock market losses in history yesterday, a day after the government ann[...] read more »
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Fear, greed produce wild ride for stocks on Wall Street

In a fitting end to the worst week on Wall Street since the Great Depression,the stock market underwent a titanic battle between greed and fear Frida[...] read more »
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German officials move to save Hypo Real Estate

The German government moved Sunday night to save Hypo Real Estate with a 50 billion euro ($68 billion) rescue package one day after the troubled prop[...] read more »
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Bank of America in $8.6 bln deal over Countrywide loans-WSJ

Bank of America has agreed to settle claims brought by U.S. state attorneys-general regarding certain risky loans originated by Countrywide Financial[...] read more »
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Lawmakers hope for investor optimism after Bush signs bailout

US lawmakers were hoping for investor optimism after President George W. Bush signed an historic 700-billion-dollar Wall Street bailout that still wo[...] read more »
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Illinois lawmakers react to bailout

"If we're going to solidify our economy then the people at the base of the economy, working families, middle income families trapped in mortgages t[...] read more »
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60-Second Guide to Managing Your Mortgage

For most homeowners, your mortgage payment is by far your biggest monthly expense. So you may think it's completely justifiable to spend 60 seconds reviewing it. In fact, don't be surprised if this brief exercise does wonders for your budget. Let[...] read more »
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