The world's eighth largest economy is not going quietly into that pit of debt and devastation that has devoured Third World countries whole.
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After almost four decades of relative calm and complacency, there are signs that the social mood is beginning to sour.
When I hear our Treasury Secretary make a completely disingenuous point, it is impossible not to think that he isn't one of Wall Street's inside guys.
Lawmakers on Capitol Hill are bracing for a fresh request from President Obama for another massive round of spending to shore up the nation's falterin...
Where's the bailout money going? If the federal government told you, then banks might stop taking it.
That's the argument made by Federal Reserve Vic...
U.S. Treasury Secretary Henry Paulson is debating whether to ask Congress for the second installment of the $700 billion bailout package, concerned ab...
American International Group Inc says it has completed completed a $40 billion preferred stock sale to the U.S. Department of Treasury under TARP.
Rescuing the Big Three is the contemporary version of saving the buggy and whip makers instead of investing in tomorrow's equivalent of car makers -- green industries, public transportation, and new technologies.
The candidates' strategic messages on the welfare of the middle class were loud and clear during the debate, but it was their silence on poverty that was truly deafening.
This bailout is nothing more than the biggest bait and switch swindle that has ever been perpetrated on the American taxpayer.
McCain's suspension of politics could be called altruistic and apolitical, or opportunistic and ultra-political.
The response to this situation has been as horrible as the Hurricane Katrina response. It's just that it's about finance, so not as many people easily understand it.
This financial crisis is complex. But it's too important not to understand.
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