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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... Fake Foreclosure Rescue Operations Rising
"The national foreclosure crisis did not only result in large inventories of repossessed properties for sale in the market and declining home prices. It also gave rise to a growing number of homeowners who are... Why the Financial Meltdown Reflects the Fundamental Failure of the Bush-McCai...
"The financial meltdown on Wall Street is more than a cyclic correction brought on by a mismanaged business cycle. It is emblematic of a problem at the very foundation of the right wing economic philosophy that... McCain's good buddy Gramm, the Architect for deregulation on Wall Street
This is interesting to know, when you hear McCain sympathize with Americans and the middle class. No wonder he feels bad, he is afraid you will hold him accountable. Straight Talk Express John......Banking... 2855 views | 5 recommendations | 15 comments
Leading American Insurer AIG close to bankruptcy
Leading American Insurance company American International Group Inc. is in the bad shape and likely to file for bankruptcy. However they have been allowed to use $20 billion of assets held by its...
created by Sanjay Jha | 4 years ago | updated 4 years ago
847 views | 54 recommendations | 6 comments
847 views | 54 recommendations | 6 comments
Lou Dobbs: The War On The Middle Class
"Lou Dobbs: The War On The Middle Class By: Nicole Belle on Wednesday, January 23rd, 2008 at 10:33 AM - PST Download | Play Download | Play (h/t Heather) Lou Dobbs looks at how the...No pressure on Hughes to splash out on stars in January
Can Man City show their rival that they are now more solid under Mark Hughes?"Mark Hughes has been assured by Manchester City’s new owners that they will not put him under pressure to fill his squad with Galacticos when the transfer window opens in January.With the Abu... U.S. plan for Fannie, Freddie to hit shareholders: Takeover announcement exp...
UPDATE: This happened as anticipated. There is more complete look at the world financial situation HERE, and I recommend it.This is not your great-grandpa's bailout, but it is meant to reverse the...
created by dunkelberg | 4 years ago | updated 4 years ago
573 views | 11 recommendations | 10 comments
573 views | 11 recommendations | 10 comments
Betting windows are open on Palin withdrawal
UPDATE BELOWPlace your bets, ladies and gentlemen. The Sarah Palin commodiy market is open."NEW YORK (Fortune) -- Now the Democrats aren't the only ones who can try to capitalize on the negative buzz growing...
created by dunkelberg | 4 years ago | updated 4 years ago
625 views | 26 recommendations | 15 comments
625 views | 26 recommendations | 15 comments
DVLA staff strike over 'pay gap' in UK
A one day strike is being held today across the UK by Driver and Vehicle Licensing Agency employees (The UK equivalent of the US's DMV) over a dispute involving a pay gap. Union leaders say that the DVLA workers receive much lower pay than other Department for Transport...
created by Dave Keating | 4 years ago | updated 4 years ago
233 views | 0 recommendations | 0 comments
233 views | 0 recommendations | 0 comments
Fast Forward Podcast: The 2008 Legatum Pioneers of Prosperity Africa Award
"Show Notes:This podcast was recorded on Sunday, August 17, 2008. The participants in the podcast were Alan McCormick, Managing Director of Legatum and Eric Kacou, the OTF Group's Regional Director for Africa. Here are a few points that I think highlight the... 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... Moscow Says Some Troops to Stay Put
"POTI, Georgia — Russian soldiers were at work digging positions outside Georgia's main Black Sea port city of Poti on Thursday at the same time Moscow maintained that its soldiers were on schedule to pull out of the country proper by Friday.Western governments, meanwhile,...Low cost Internet phone revolution beckons for India
The internet continues to revolutionize communications around the world; this is the Network Age."Under the plan proposed this week by the Telecom Regulatory Authority of India, people could call from their...
created by Erik Larson | 4 years ago | updated 4 years ago
421 views | 4 recommendations | 2 comments
421 views | 4 recommendations | 2 comments
Obama and McCain delight the bookies
"Internet betting websites and prediction markets are registering huge interest in the US presidential election, with trade already far exceeding the total for 2004 in some cases. volume is 600% up this presidential cycle, 2008 to date,...Top Members Today
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