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1.
by 104inc.com - 2008-09-16
What a mess.Lehman Brothers filed for bankruptcy this weekend. Merrill Lynch was bought out by Bank of America. American International Group (AIG) is on the edge bankruptcy or being acquired for ...
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2.
by dresscloth - 2008-09-17
NEW YORK -- Insurer American International Group Inc (AIG.N), working to stave off rating downgrades and shore up the capital of its holding company, has made an unprecedented approach to the Federal...
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3.
by Ernie Fitzpatrick - 2008-09-17
Maybe Houston is a picture of what's happening in the world. I am talking about Houston after hurricane Ike. Just how far does our government think they can go pretending to keep things going well? H...
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4.
by Ernie Fitzpatrick - 2008-09-17
The Russian stock market have been forced to close for two days in a row now as a meltdown in financial markets circles around the globe. Once upon a time America was a capitalistic economy but with ...
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5.
by Ernie Fitzpatrick - 2008-09-17
An interesting thing happened on the way to 2012- 2008! In an interesting twist on where we are headed (can you say shark-infested waters?) as a world, maybe a collaspe of the financial system will f...
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6.
by 104inc.com - 2008-09-17
Lehman Brothers went bankrupt, AIG is being bailed out by the Federal Government, the Fed is looking for a buyer of Washington Mutual, and banks on 09/16/2008 abruptly stopped lending to each other o...
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7.
by Rakesh Saxena - 2008-09-17
It is not about regulation and de-regulation, as Washington lawmakers would like you to believe. It is also not about the inability to control derivative transactions, as self-styled experts are clai...
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8.
by Ernie Fitzpatrick - 2008-09-19
Former White House economist Nouriel Roubini, who forecast the current financial storm two years ago, has a harsher verdict. He says the USA is turning into the "United Socialist State Republic of Am...
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9.
by Ernie Fitzpatrick - 2008-09-25
Everyone is focused on the number $700,000,000,000.00 as what it's going to take to bail America out of its bankruptcy lifestyle. But does anyone think that will change anything? The philosophy is st...
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10.
by Steve Selengut - 2008-09-27
Every new controversy demands a look at similar situations of the past. Just what is a bailout anyway? In the early 80's, Lee Iacocca arranged a government loan and tax concessions to bring Chrysler ...