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Recession 101: Five Primers Explaining How We Got Here

Posted by jimmyatkinson 1182 days ago (http://bankling.com)
Category: Economy | Tags: credit markets recession
For those looking for a basic "Intro to the Recession" piece, here is a list of places to start educating yourself. read more »
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AIG Reports Biggest Quarterly Loss in History

Posted by jimmyatkinson 1182 days ago (http://www.nytimes.com)
Category: Business | Tags: aig bailout credit default swaps tarp
The insurance giant reported a fourth-quarter loss of $61.7 billion, the largest quarterly loss in history. Now the federal government is forced to p[...] read more »
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NPR: Household Debt Vs. GDP

Posted by jimmyatkinson 1183 days ago (http://www.npr.org)
Category: Economy | Tags: debt gdp household debt
In 2007, US national household debt was 100% of GDP, the highest level since 1929. read more »
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The Depression in Recession: GDP Drops 6.2%

Posted by jimmyatkinson 1185 days ago (http://247wallst.com)
Category: Economy | Tags: commerce department gdp recession
The Commerce Department's original projection of a 3.8% drop wasn't even close. The actual number for 2008 Q4 GDP, which came out this morning, is [...] read more »
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The Wealthiest in the World: Chaps, Companies, Colleges, Countries, and Canines

Posted by jimmyatkinson 1186 days ago (http://bankling.com)
Category: Personal Finance | Tags: endowments money warren buffett wealth
What is it about wealth that fascinates us? Here are five lists of the wealthiest people, companies, colleges, countries, and pets. read more »
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Is There A Positive Case At Dell?

Posted by jimmyatkinson 1186 days ago (http://247wallst.com)
Category: Stocks | Tags: dell nasdaq pc stocks
Dell has just posted very disappointing earnings for its fiscal Q4, as we expected. The PC-giant reported $0.18 EPS vs. $0.26 estimates and a 16% dr[...] read more »
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Housing Bailout to Commit $75 Billion to Fight Foreclosures

Posted by jimmyatkinson 1194 days ago (http://www.nytimes.com)
Category: Real Estate | Tags: bailout foreclosures homeowners housing
Later today, President Obama will detail his plans to help bail out millions of homeowners who are at serious risk of foreclosure. The plan would spend $75 billion to help up to nine million families stay in their homes or refinance their mortgages. read more »
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From Pulitzer Prize Nominated Journalist to Strip Club Manager

Posted by jimmyatkinson 1196 days ago (http://online.wsj.com)
Category: Business | Tags: journalism newspaper industry newspapers
One man's story about how the decline of the newspaper industry caused him to make a drastic career change. And what do you know, it's working out just fine! read more »
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Which Are the Best Performing Stocks During Hard Times?

Posted by jimmyatkinson 1198 days ago (http://online.wsj.com)
Category: Stocks | Tags: 1930s great depression recession stocks
A study of stock performances during the four years following the Great Depression of 1929 yields some clues as to which industries could perform well during economic down times. read more »
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House Passes Stimulus Bill; Senate Voting Next

Posted by jimmyatkinson 1199 days ago (http://online.wsj.com)
Category: Economy | Tags: congress obama recession stimulus
In a major victory for President Barack Obama, Democrats have pushed a huge, $787 billion stimulus bill to the brink of final passage in Congress. Republican opposition was unanimous in the House. read more »
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Is the US Making the Same Mistakes Japan Made During Its Lost Decade?

Posted by jimmyatkinson 1200 days ago (http://www.nytimes.com)
Category: Economy | Tags: japan lost decade recession us
Students of the Japanese "lost decade" of economic stagnation of the 1990s say they see a similar train wreck heading for the United States. read more »
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Economists' U.S. Outlook Dims

Posted by jimmyatkinson 1200 days ago (http://online.wsj.com)
Category: Economy | Tags: gdp recession us economy
A 2009 "second-half recovery" -- a widely shared scenario until now -- is looking much less likely. read more »
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Does Stimulus Ignore Entrepreneurial Sector?

Posted by jimmyatkinson 1201 days ago (http://www.nytimes.com)
Category: Entrepreneurship | Tags: economy small business stimulus
Only 0.05% of the House bill is dedicated to small-business lending programs, and the Senate version is only slightly better. read more »
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Wal-Mart to Push into Urban Chicago

Posted by jimmyatkinson 1201 days ago (http://online.wsj.com)
Category: Business | Tags: chicago retail retailer walmart
With the economy in a downturn, Wal-Mart has decided to once again try to expand its stores to urban Chicago, a plan that in the past has been met with much opposition. read more »
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What It Would Take for Stimulus to Work

Posted by jimmyatkinson 1201 days ago (http://online.wsj.com)
Category: Economy | Tags: congress geithner stimulus wall st
Looked at in detail, the proposed stimulus bill is a mess of contradictory impulses, the perhaps inevitable results of our often messy democracy. read more »
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