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AIG Has Used Much of Its $123 Billion Bailout Loan

Posted by thekritz 1312 days ago, popular 1311 days ago (http://www.washingtonpost.com)
Category: Stocks | Tags: aig bailout
The troubled insurance giant American International Group already has consumed three-quarters of a federal $123 billion rescue loan, a little more th[...] read more »
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Taiwan Dumps Fannie, Freddie

Posted by thekritz 1312 days ago, popular 1312 days ago (http://online.barrons.com)
Category: Economy | Tags: fannie mae housing crisis
Despite the recent government bailout of US mortgage giants, investors remain wary. Taiwan's financial regulators reportedly have ordered that natio[...] read more »
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Samsung Net Falls 44% as Big Divisions Feel Pinch

Posted by sumib 1312 days ago (http://online.wsj.com)
Category: Stocks | Tags: samsung net profit falls
Samsung Electronics Co. said its third-quarter net profit fell 44% as its major divisions recorded smaller operating profits for the first time since[...] read more »
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Wall Street Layoffs Could Surge Past 200,000

Posted by zaibatsu 1312 days ago, popular 1312 days ago (http://www.huffingtonpost.com)
Category: Economy | Tags: economy finance financial crisis jobs
The fallout from this year's global credit crisis has claimed jobs on all corners of Wall Street, from hedge fund managers to floor traders and beyo[...] read more »
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40 simple ways the web can save you big money

Posted by ultrageek 1312 days ago, popular 1312 days ago (http://www.techradar.com)
Category: Personal Finance | Tags: money savings web
The Web really is a great leveller in many ways. Here are 40 ways to use it to save time and money. read more »
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Opec wants to halt oil price slide but fears making financial crisis worse

Posted by adrian67 1312 days ago (http://www.telegraph.co.uk)
Category: Commodities
Members of the Opec oil producers’ cartel began negotiations on Thursday on whether to cut output in a desperate bid to halt the slide in crude price[...] read more »
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Microsoft shakes off Vista concerns to post rise in profits

Posted by adrian67 1312 days ago (http://www.telegraph.co.uk)
Category: Tech
Computer software giant Microsoft is faring better than expected in the economic downturn – despite continued concern over its Vista operating system[...] read more »
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IMF plans rescue of emerging nations

Posted by adrian67 1312 days ago (http://www.telegraph.co.uk)
Category: Economy
The International Monetary Fund is working on a package it hopes to approve by early November which would let several emerging market economies excha[...] read more »
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Economic Weather Map of Europe

Posted by Cheapsuits 1312 days ago (http://bigpicture.typepad.com)
Category: Economy | Tags: economic map economy europe
Forecast: Scattered recession, with defaults gusting up to 40% ! read more »
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Edmunds.com Forecasts October Auto Sales; Predicts Lowest Sales Volume Since January 1992

Posted by Cheapsuits 1312 days ago (http://www.businesswire.com)
Category: Economy | Tags: car sales economy
This month's new vehicle sales (including fleet sales) are expected to be 872,000 units, a 28.9 percent decrease from October 2007 and a 9.4 percent[...] read more »
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The Incredible Shrinking Funds

Posted by mvpoff 1313 days ago, popular 1312 days ago (http://www.economist.com)
Category: Commodities | Tags: crisis hedge hedge funds recession
High borrowing and the credit crisis are bad enough for hedge funds. Panicky clients are worse. read more »
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Senators Press for Action to Stem Foreclosures

Posted by paulronan 1313 days ago, popular 1312 days ago (http://www.nytimes.com)
Category: Economy | Tags: regulation
Senators prodded government officials involved in the bank-rescue plan to do more to help struggling homeowners avoid foreclosure and expressed impat[...] read more »
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Warren Buffett loses 9.6 Billion in one stock

Posted by weblaunches 1313 days ago, popular 1312 days ago (http://blogs.wsj.com)
Category: Stocks | Tags: buffet stocks warren
He has lost more value in his stock than the CEO of any other publicly traded company. The current tally on the paper loss is $9.6 billion. read more »
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Job cuts, Carmaker Woes Deepen Recession Fears

Posted by 1drpips 1313 days ago (http://biz.yahoo.com)
Category: Economy | Tags: us recession
Bleak outlooks from world carmakers and a barrage of job cuts by major U.S. companies including Chrysler and Xerox deepened fears of an extended glob[...] read more »
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Great Time To Buy As Home Prices Keep Dropping

Posted by forexlady 1313 days ago, popular 1312 days ago (http://www.bloomberg.com)
Category: Real Estate | Tags: home prices real estate news
Home prices fall to the lowest price in 17 years. If you have the money to buy and are able to get a loan, now may be a good time read more »
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