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Obama: McCain would gamble with economy

In the latest version of his stump speech on the economy, Barack Obama is today working in a reference to John McCain's fondness for gambling to war[...] read more »
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Dow plummets record 777 as financial rescue fails

The failure of the bailout package in Congress literally dropped jaws on Wall Street and triggered a historic selloff — including a terrifying declin[...] read more »
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Treasury: ‘We just wanted to choose a really large number.’

Wondering where the $700B figure for the now-defeated bailout plan came from? So did I. Apparently from nowhere, accordingly to a Treasury spokeswoma[...] read more »
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Standing in the Shadows of Wall Street

An anonymous broker reveals some stories of his/her trading in something called "counterfeit shares", and the quick money made. Read this, then thi[...] read more »
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US bail-out rejection stuns markets

US markets have dived after the US House of Representatives voted against a $700bn bail-out bill in a shock decision. The Dow Jones plunged by more t[...] read more »
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Morgan Stanley Completes Mitsubishi Deal

Morgan Stanley announced Monday that it had completed a previously announced deal to raise capital from Mitsubishi UFJ Financial Group, a large comme[...] read more »
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Stocks Plunge on Financial, Bailout Worries

Major U.S. stock indexes were plunging Monday morning amid another rush of events in the fast-moving global ”credit. Traders apparently do not like t[...] read more »
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Top 5 Reasons to Vote Against Paulson's $700 Billion Bailout

It's not only 'House Republicans' that oppose the Government buying banks bad debt, but also people on the left as the Huffington Post shows. No m[...] read more »
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Does Google's Search Advertising Cartel Deserve a Higher Valuation?

"Google arguably enjoys more multi-dimensional dominating efficiencies and network effects of network effects of any company ever...[...] read more »
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All Aboard the Mortgage Rollercoaster

Hands up if, like me, you've been watching the mortgage rates and waiting - looking for signs that rates are starting to drop as the re-mortgage clo[...] read more »
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5 Reasons This Depression Really Is Going To Be Fun!

The US is not even officially in a recession, and already the culture czars over at New York have dubbed the economic crisis precipitated by our fina[...] read more »
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Banking System Will Need Another $500 Billion: Gross

The banking system in the US needs another $500 billion to survive beyond the $700 billion rescue plan being contemplated by Congress, said Pimco fou[...] read more »
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What About the Rest of Us?

Lawmakers were still wrangling Thursday night about the Bush administration’s $700 billion bailout of the financial system. Political theater was mai[...] read more »
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