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Global car sales slide shows auto crisis worsening - International Herald Tribune
The global automotive industry faced a fresh wave of bad news on Monday, as data showed drops in Swedish, Japanese and South Korean November car sales, with figures for France, Spain and Italy due out later in the day. Automakers are cutting ...

Brown’s ‘Churchill’ Moment Masks Failure of Regulator He Built - Bloomberg
Nov. 26 (Bloomberg) -- Gordon Brown isn’t known for making quick decisions. He agonized for months over whether to call early elections after becoming U.K. prime minister in June 2007, before deciding against it. When financial and commodity ...

Thomson Financial News - Forbes
Shares in Torotrak slide 8.9 percent to 13 pence after the transmission technology group says demand for outdoor power equipment continues to slow in North America and broker Arbuthnot reduces its revenue estimates. 'We now assume revenues in 2010 of ...

Money and Monetary Policy - Chicago Tribune
I watched a middle-aged widow lose her home recently. Her story was familiar. She owned her simple brick residence outright until four years ago, when a mortgage broker stopped by and offered her a loan too good to be true. In exchange for taking on ...

Lehman Brothers Holdings Incorporated - Chicago Tribune
NEW YORK (AP) _ Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more ...

Housing slump could be over next year, MPs hear - Times Online
The housing market slump could be over as soon as next year if the cost of home loans falls by a further half-point, a leading housing market expert told MPs yesterday. David Miles, chief UK economist at Morgan Stanley, said that if mortgage rates ...

Nouriel Roubini: I fear the worst is yet to come - Times Online
As stock markets headed off a cliff again last week, closely followed by currencies, and as meltdown threatened entire countries such as Hungary and Iceland, one voice was in demand above all others to steer us through the gloom: that of Dr Doom. For ...

The 50 Women to Watch 2008 - Wall Street Journal
One day this past April, Federal Deposit Insurance Corp. Chairman Sheila Bair saw a stark reminder of the human side of the foreclosure crisis. Attending a foreclosure-prevention workshop in Los Angeles, she saw hundreds of homeowners of all ...

Germany and France lead €1 trillion European bailout - Times Online
Germany and France put mountains of cash on the table today as they led continental Europe in an offensive to rebuild trust in banks with state guarantees worth over €1trillion (£780 billion). Chancellor Angela Merkel and President Sarkozy, chiefs ...

October 2008 - Weblogs.baltimoresun.com
This just in from Constellation Energy. The company was supposed to close on a $2 billion line of credit today that would have shored up its liquidity and increased its options. But RBS Securities and UBS Loan Finance will front only up to $1.25 ...