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Paulson, Bernanke Rebuked on Hill - Wall Street JournalWASHINGTON -- Increasingly restive lawmakers greeted Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke with a wave of criticism Tuesday, questioning their efforts to implement the financial-rescue package and assailing ...
Stock & fund quotes - ninemsnThis weekend in Washington saw a meeting of what is known as the "Group of 20" nations - those representing the most powerful economies in the world. It's a little bit of a misnomer, as the G20 is actually 19 nations plus the European Union. The ...
Mr. Bush, Come Tell the Ghosts in Queens Your Financial Plan - Common DreamsAs our lame-duck President began his televised speech about the financial meltdown Thursday in lower Manhattan, accountant Barbara Beaubrun sat in her house in southeast Queens, shaking her head in disbelief. "He's in the wrong place," Beaubrun ...
A Bottom Up Rescue Plan for the Auto, Bank and Mortgage Companies - OpEdNews.comObama keeps talking about bottom-up approaches to the economy. Here's how it could look for the big three auto companies and the banking and housing industries. This morning, on MSNBC's Morning Joe, Mike Todd, NBC's political director asked ...
Front Row Washington - Reuters BlogsGeorge W. Bush heads to Peru this morning for his last scheduled trip abroad as U.S. president. Accompanied by Secretary of State Condoleezza Rice, he will attend an Asia-Pacific summit in Lima, Peru, where he will seek support for global financial ...
Fannie, Freddie suspend foreclosures - Denver PostNov 20: Stocks tumble for second day; Treasurys surge Dems delay auto bailout vote, seek plan from Big 3 Nov 13: Stocks shoot up 550 as investors swarm back in Colorado foreclosures mixed OECD says developed world already in recession Oversight of ...
LIBOR Faces Major Review - BusinessWeekMost experts agree the financial services industry could do with a major spring cleaning. Further evidence of the need for change could be published on May 30 when the British Bankers’ Association (BBA) unveils its review into the London Interbank ...
Thomson Financial News - ForbesOct. 2 - Irish lawmakers vote to enact legislation guaranteeing Irish bank deposits and debts up to a total of 400 billion euros ($554 billion). Oct. 3 - The U.S. House of Representatives passes a revised $700 billion U.S. bailout plan which will ...
UPDATE 2-Paulson, Bernanke brief lawmakers on bailout - ForbesWASHINGTON, Nov 17 (Reuters) - U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke came to Capitol Hill on Monday to field questions from leading Democrats on how the $700 billion financial bailout bill is working. 'House ...
November 2008 - Reuters BlogsInvestors have snapped record amounts of secondary shares issues by financial companies needing to finance their latest takeover, or merely re-capitalize after huge mortgage-related losses, despite stocks bouncing around like yo-yos. Last week’s ...
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