Fed Tries to Unclog Credit Markets With $900 Billion

" The Federal Reserve will provide as much as $900 billion in cash loans to squeezed banks in an urgent effort to break through a dangerous credit clog that threatens the economy and has unhinged financial markets around the globe. The Fed's action is aimed at spurring...

Chronology: Financial Crisis Spreads From US to World Markets

Every thing was looking good in february 2007 .In the next six month every thing became revartted the ghost of subprime quashed the global finencial market following are the sequence of calamity..." ...

BILL GETS BETTING ON INDIA AND CHINA NOW..

Bll Gates betting on India and China looks like his optimism and believe on the growth storey of india and china."Washington, Oct 06: The richest man in America, Bill Gates, said in a television interview that the...

BIGGEST looser in finencial meltdown....

Once the richest person on the globe is now te bigest looser in the finencial meltdown he lost 16 billion pound .Share price and steel price is significantly coming lower and lower in chances of more loss is...

Indian shares fall more than 2 pct in early trade

Indian stock markets have opened on monday sharply lower following weak global cues. Selling pressure is seen in metal, realty, telecom, power, capital goods, oil & gas and banking stocks. Nifty is trading at lowest level since March 20, 2007."Indian shares fell more than...

Germany reaches deal to bail out Hypo

Germany gives now guarantees on all private bank accounts " Chancellor Angela Merkel said that no citizen should fear for the safety of their investments. Hours later, her government announced a new bailout...

BUSH signature started worldwide socialism: GM $25bn, EU-Automakers ask for $...

Corporate national socialismThe Bailout program, just started turns into worldwide socialism competition. First waste the money, second kill all innovative competition with mergers. If you finally are bankruptcy...

Was The Bailout Bill A Good Idea? : NPR

"What is clear, Davidson says, is that spending $700 billion will help. "But it's also very clear that the plan we've been hearing all about, the Paulson plan, has a lot of problems. There are a lot of things that...

Europe fights financial storm as bank deal collapses

It is the tuen of EU bailout their economy....." PARIS (AFP) — The leaders of Europe's four main economic powers vowed to protect fragile banks in their fight against the global credit crisis as the biggest...

House Approves Bailout For Financial Markets

" The House approved a revised $700 billion financial rescue package, ending a weeklong battle over a controversial measure after lawmakers came under pressure to head off a growing financial crisis. CNBC.com Bailout Approved The plan, which was...

HOUSE SOON GOING TO VOTE ON BAILOUT PLAIN...

" The House moved closer to voting on a revised $700 billion financial rescue package amid optimism that there were finally enough votes to approve the measure. A vote could begin as early as 12:15 pm EDT. While congressional leaders expressed guarded confidence...

Where is the money? Trillions Missing!

"The US Government cannot account for trillions of dollars. The DoD reported $1.1 trillion missing in FY 2000 alone! See Rumsfeld "We cannot track $2.3...

Congress leaders optimistic on revived bailout

" WASHINGTON (AP) -- Congressional leaders said that adding tax breaks and increasing federal deposit insurance should improve chances a $700 billion financial rescue plan will pass the Senate Wednesday...

House of Representatives' Web site Overwhelmed by Millions of E-mails

The proposed $700 billion bailout has brought immense media attention as well as that of ordinary Americans, and the surest test of that came from the House of Representatives' own website, which was deluged with...

US to sell 75 fighter jets to Israel

US and Israel enjoy very close diplomatic and milrtary ties. Israel buys lot of their military hardware from American companies. For the first time the US Defense department has approved the sale of 25 F-35 stealth-enabled Joint Strike Fighters (JSF) to the Isreal....

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