Would spending cuts hurt the economy?

"The big spending cuts proposed by House Republicans could weigh on economic growth and jobs, but forecasts vary widely.Economist Mark Zandi of Moody's Analytics said Sunday that if all $61 billion in proposed cuts for the rest of this year were enacted, the economy's growth...

Where did that U.S. Federal Aid to Egypt go? Mubarak's Pocket?

President Hosni Mubarak’s family fortune could be as much as $70 billion U.S. Dollars  according to analysis by Middle East experts. "Much of his wealth in British and Swiss banks or tied up in real ...

The race to the top of the world's best businessman

" " According to Forbes magazine, Carlos Slim Helú, the son of a Lebanese immigrant to Mexico who has become a major shareholder in and lender to The New York Times, is now the world’s richest man.Slim’s wealth increased by about $18.5 billion in the...

Ursula Burns: First Black Woman to become CEO to a Fortune 500

On July 1st 2009, Ursula Burns became the first African American women to become a CEO of a Fortune 500 Company, from being a mechanical engineer summer intern in 1980, then moving on to become senior vice president of corporate stategic services in 2000, then seven years...

Dow Drops 369.88 Points, Below 10000, Lowest level in 4 years, down 3.5%

"Oct. 6 (Bloomberg) -- Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to...

Main Street turns against Wall Street & Politicians BailOut

"NEW YORK (Fortune) -- In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of...

Bush, a Georgie come lately, as always

Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...

New US bailout planned

US lawmakers have been complaining that the federal government doesn't seem to have an overall master plan for dealing with the meltdown on Wall Street, seemingly selectively bailing out companies at random and...

Fortune 500 Takes Over BlogWorld

This doesn't surprise me but it's interesting to see the stats on this."Featured speakers at the pre-show event on September 19 include: John Andrews, Senior Marketing Manager - Emerging Media at Walmart Michael Brito, Social Media Evangelist at Intel Hilary Weber,...

Bill Gates Is Richest Person in America...Again

No thanks to his failed Microsoft ads co-starring with Jerry Seinfeld, Bill Gates has "recovered his spot" as the richest man in America, by beating out Warren Buffett, with a net worth of 57 billion...

Federal Officials rescue AIG with $85 billion

Federal officials have said they will take an 80% stake in AIG in an $85 billion plan to prevent financial chaos all over the world.It was just announced that the Feds will attempt to resuscitate the crumbling...

Wall Street on alert

"Wall Street on alert"

McCain fortune traced to organized crime

This is from World News Daily and Jerome R. Corsi, who is so often quoted by the right's charges against Barack Obama." ELECTION 2008 McCain fortune traced to organized crime Mob...

Paulson readies the 'bazooka'

"Paulson readies the 'bazooka'Big buyers of Fannie Mae and Freddie Mac debt have been shying away. The Treasury secretary wants to coax them back.By Colin Barr, senior writerLast Updated: September 7, 2008: 9:56 AM EDT Special Report Rescue cost: The big...

These homes for sale stink

"Why Fannie and Freddie matterMore Videos This boarded-up, bank-owned home is on the market in Milwaukee. On the inside, that Milwaukee home has been picked clean. Never before have there been so many squalid, dilapidated homes...

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