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`Panic' Strikes East Europe Borrowers as Banks Cut Franc Loans

banks are curtailing the loans as investors pull money out of eastern Europe's developing markets read more »
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Who Shrank The Economy? Fodd prices Dent U.S. growth

Inflation ate deeply into U.S. consumer spending in the third quarter, doing more harm to the economy than either slumping car sales or housing, but [...] read more »
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GM, Chrysler merger on hold as aid hopes fade: sources

A deal to merge General Motors Corp and Chrysler LLC has hit an impasse after the Bush administration ruled out funding for it, three people with d[...] read more »
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Feds probe Countrywide's 'VIP' program

The wide-ranging criminal investigation into wrongdoing at Countrywide - once the nation's largest mortgage originator - now includes serious scruti[...] read more »
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CVS slashes generic drug costs, escalates price war

Using the products as loss leaders, the drugstore giant will sell 90-day supplies of more than 400 medications for $9.99 and offer discounts for cash[...] read more »
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Toyota says it will reopen US plants to ship to Mideast

Japan's Toyota Motor Corp. said on Friday it would reopen three US factories after a three-month suspension due to falling US demand, using them to [...] read more »
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Banks Owe Executives Billions In Compensation, Report Says

Troubled financial giants getting cash infusions from the U.S. Federal Reserve owe their executives more than $40 billion for past year’s pay and pen[...] read more »
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Google and Yahoo May Walk Away from Deal, Report Says

Google and Yahoo could announce a decision to walk away from their search deal by the middle of next week, The Wall Street Journal reported on Thursd[...] read more »
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Some Banks May Tell U.S. to Keep Bailout Cash

The American Bankers Association complained on Thursday that bankers around the country were “extremely upset” about how the Treasury Department was [...] read more »
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A Rate of Zero Percent From the Fed? Some Analysts Say It Could Be Coming

Zero percent interest rates! It sounds like free money, or maybe a promotional deal from General Motors to get people to buy Hummers. Are zero rates [...] read more »
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AmEx to Eliminate 7,000 Jobs

American Express Co. will cut nearly 10% of its work force as part of a cost-cutting effort that the credit-card company hopes will generate $1.8 bil[...] read more »
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Why Risk Tolerance is a Load of Crap: 60% in Bonds Just Won't Cut It

Regardless of your risk tolerance, if you don't own a significant amount of equities, inflation will eat you alive. read more »
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Evil Ben Bernanke Halloween Masks Sell Out!

More Americans are showing an entrepreneurial spirit in the face of crisis! BenandHank.com are selling "Evil Ben" and "Evil Hank" masks for Hallo[...] read more »
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Can this man save Wall Street?

BlackRock's Larry Fink helped popularize the same mortgage-backed securities that nearly poisoned the banking system. Now his firm is making million[...] read more »
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The Age of Entitlement?

Young Money Talks discusses a recent article from the Wall Street Journal, which examines the ways in which millenials are perceived in the work worl[...] read more »
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