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Wall St Crisis

Make the Banks Pay the Government Back or Foreclose on Them

Stephen Kaus | Posted 10.23.2008 | Business

Read More: Economy, Paulson, Wall Street, Loans, Wall St. Crisis, Banks, Financial Crisis, Troubled Assets, Business News
Stephen Kaus

If the problem, as "Hank" Paulson repeated Sunday, is that there was no way to value the "troubled" assets, the price is obviously going to be arbitrary. So, why don't we consider it a loan?

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Predicting our Economic Future

Shelly Palmer | Posted 10.23.2008 | Business

Read More: Economy, Wall St. Crisis, Financial Crisis, Business News
Shelly Palmer

With Wall Street is in crisis, some companies are not only well positioned to withstand what's happening, some are prospering.

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Dear CEOs: Pay For Your Own Round of Golf

Andy Stern | Posted 10.23.2008 | Business

Read More: Aig, Freddie Mac, Wall Street, American Dream, Wall St Crisis, Ceos, Financial Crisis, Fannie Mae, Business News
Andy Stern

It's not enough to talk about foreclosures. It's not enough to acknowledge the impact on ordinary people without addressing the root cause of the crisis: basic inequality.

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As The Market Tanks, Drinking Is Up

New York Times | Allen Salkin | Posted 10.23.2008 | Style

Read More: Drinking, Wall St Crisis, Style News

ON Monday, with the Dow Industrials down 504 points, Roland Stoever, a bond trader, and Charles Virginia, a lawyer, sat at corner stools during happy ...

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Thomas B. Edsall

The Economic Collapse: Not A Free Shot For Obama

HuffingtonPost.com | Thomas B. Edsall | Posted 10.22.2008 | Politics

Read More: Obama Wall St Crisis, Obama Economic Crisis, Wall St Crisis, Barack Obama, Wall St, Politics News

On the surface, the Wall Street crisis appears to favor Barack Obama's chances and to damage John McCain's. Emory political scientist Alan Abramowitz...

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Last major investment banks change status

AP | MARTIN CRUTSINGER | Posted 10.22.2008 | Business

Read More: Morgan Stanley, Goldman Sachs, Morgan Goldman Commercial, Wall St, Wall St Crisis, Business News

WASHINGTON — The Federal Reserve said Sunday it had granted a request by the country's last two major investment banks _ Goldman Sachs and Morga...

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Democrats: "We Will Not Simply Hand Over A $700 Billion Blank Check To Wall St"

Washington Post | Lori Montgomery and David Cho | Posted 10.22.2008 | Politics

Read More: Wall St Bailout Plan Democrats, Wall St Crisis, Bailout Plan, Democrats, Wall St, Politics News

Congressional Democrats considering the Bush administration's emergency plan to shore up the U.S. financial system yesterday countered with their own ...

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The Wall Street Bailout Plan: Questions And Answers

International Herald Tribune | David Stout Published | Posted 10.22.2008 | Business

Read More: Financial Crisis, Questions on Economic Bailout, Financial System Bailout, Wall St Crisis, Wall St, Business News

News reports about the upheaval in the world of finance have been full of esoteric terms like "mortgage-backed securities" and "credit-default swaps,"...

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Will The Bailout Work?

New York Times | PETER S. GOODMAN | Posted 10.21.2008 | Business

Read More: Wall St Crisis, Hank Paulson, Government Bailout Wall St, Wall St, Ben Bernanke, Business News

As the federal government steps to the center of the financial crisis, devising plans to take ownership of hundreds of billions of dollars' worth of b...

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Chat With A Crazed Wall Street Investment Banker!

236.com | Posted 10.21.2008 | Business

Read More: Financial Crisis, Wall Street Crisis, Wall St Crisis, Wall St, 236.Com, Business News

Wall Street can't seem to decide whether the market is crumbling or we are having the BEST! YEAR! EVER! Yesterday stocks were tumbling despite bailout...

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Financial Crisis: Bush Emerges From The White House To Discuss

New York Times | Sheryl Gay Stolberg | Posted 10.19.2008 | Politics

Read More: Financial Crisis, White House, President Bush, Wall Street, Wall St Crisis, Economy, Politics News

On Thursday, the president spoke. It was brief, two minutes. His brow was furrowed, and his words were careful: "The American people can be sure we w...

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Financial Crisis Worsens As Investors Panic

New York Times | VIKAS BAJAJ | Posted 10.18.2008 | Business

Read More: Dow Falls, Economic Crisis, Stocks Plunge, Wall St Crisis, Wall St, Stocks Fall, Business News

The financial crisis entered a potentially dangerous new phase on Wednesday when many credit markets stopped working normally as investors around the ...

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Source: Morgan Stanley Holds Takeover Talks With Wachovia, CITIC

Reuters | Posted 10.18.2008 | Business

Read More: Morgan Stanley Wachovia Merger, Morgan Stanley, Wachovia, Wall St Crisis, Business News

Morgan Stanley (MS.N), which saw its stock pummeled Wednesday on worries it may not survive the credit crunch, has held preliminary takeover talks wi...

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Wall St Crisis Culmination Of 28 Years Of Deregulation: Paper

McClatchy | David Lightman | Posted 10.16.2008 | Business

Read More: Wall St Deregulation, Economic Crisis Deregulation, Economic Crisis, Wall St Crisis, Deregulation, Wall Street Crisis, Business News

No one cog in the federal government's machine of financial regulation let down the country by failing to prevent the latest shakeout on Wall Street. ...

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