Fareed: This could happen to you

Fareed Zakaria points out, “The federal government's expenditures on children have shrunk as a share of the budget over the past 30 years.” Keep messing with kids and one day they will be rioting to throw out...

Venezuelan military seizes ports

Uncle Chavez strikes again. In a widely praised revolutionary move - ofcourse by his supporters - Venezuelan Presideng Hugo Chavez ordered the military to take over the major ports and air strips of the country. The...

Are Rappers The Biggest Bullies?

Today is Anti-Bullying Day in British Columbia, and almost on cue with this day, rapper Lil Wayne has released a diss track about rapper 50 Cent. Shortly after hip hop and rap were created, rap beefs started. Biggie...

Bank of America is Not Backing Out

"Bank of America Corp. Chief Executive Officer Kenneth Lewis said the bank's takeover of Merrill Lynch & Co. will be completed by the end of the year. "Lewis reaffirms Bank of America is buying Merrill...

Yahoo! CEO Jerry Yang Steps Down

Yahoo! is looking for a new CEO. It appears as though Jerry Yang's hardball with Microsoft and then later failure on not being able to close an advertising deal with google ended up costing him his job. He is...

Government Set to Takeover HBOS as Lloyds TSB Merger Flounders

THE government is set to make an announcement before the markets open this morning of a £49bn rescue package, which will in effect mean that the government becomes the majority shareholder in the HBOS group,...

HBOS Shares Rally Well as Backers Express Confidence in Lloyds TSB Merger

HBOS shares have rallied for the second day running as investors express their confidence in the Loyds TSB merger deal, with the backing of Prime Minister Gordon Brown.  After dropping by 20% on Tuesday the share price has gained 21% yesterday and another 10%...

WaMu Bought by Chase: All Your Bank Are Belong to Us

Washington Mutual has foundered in the stormy seas of Wall Street, and has been salvaged by JPMorgan Chase. When I read the news while patrolling the site this morning,  I immediately checked my own account,...

jaw dropping

"WASHINGTON (AP) -- Struggling to stave off financial catastrophe, the Bush administration on Friday laid out a radical bailout plan with a jawdropping price tag -- a takeover of a half-trillion dollars or more in worthless mortgages and other bad debt held by tottering...

Q&A: Stanford financial economist Darrell Duffie discusses government takeove...

Since the government announced its takeover plan of Fannie Mae and Freddie Mac, stock markets in the United States and around the world have rallied and mortgage rates have dropped. But the latest turn in 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...

Renewed Takeover Fears As Reports Suggest ManCity Owners Wanted To Buy Arsenal

The second round of internationals are set to begin and with the kind of performance given by England against Andorra, I’ve high hopes from the Three Lions against Croatia. I mean, who doesn’t want to see...

Man City signs Robinho for record fee

Some big money's been changing hands today, with Manchester City signing Brazilian player Robinho for almost $60m, and Manchester United buying the Bulgarian striker Dimitar Berbatov for $55m (£30.75m)....

Teamsters Worried About InBev’s Bud Buy

In a post one month ago, I focused on the impact a foreign company’s takeover of Anheuser-Busch would have on St. Louis residents and charitable organizations. Today, the Teamsters are raising doubts about the...

UK Alliance & Leicester PLC in talks about takeover

Guarding off the mortgage crisis effects around the world, British lender Alliance & Leicester PLC started to talk a possible takeover. In response, shares surged over 45%. " British mortgage lender says it is in advanced talks about a possible takeover ...

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