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GM, Ford, Chrysler CEO Jobs May Hinge on Bailout Plan (Update3) - Bloomberg
Dec. 1 (Bloomberg) -- General Motors Corp. Chief Executive Officer Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler LLC will put their jobs on the line this week when they try to convince Congress they can save their companies. U.S ...

JPMorgan to cut 9,200 WaMu jobs - Express India
'We took Mumbai attack orders from Pakistan' A glimpse of Nariman House cost them their l... I was disinclined but answered to call of du... Deshmukh offers to resign; Shinde likely suc... What's wrong with taking my son along? Asks ... Lapses in ...

P rise for 4th straight day - Allentown Morning Call
NEW YORK (AP) _ A stock market gaining confidence in the nation's financial system bolted higher Wednesday, propelling the Dow Jones industrials and Standard & Poor's 500 index to their first four-day advance since last spring. The market reversed ...

Can you hear it? A collective sigh of relief - Globe and Mail
Hours after the stunning announcement, few could understand how KPMG could have scuttled the deal. Even fewer could say with honesty that they'd predicted this weird turn of events. Sure, a lot of them thought the courts had killed it back in May ...

A Real Bailout for Auto Makers - Barron's Online
IS A BANKRUPTCY THE BEST OPTION FOR GENERAL MOTORS , Chrysler and Ford ? While their CEOs insist otherwise and the risks would be high, a growing chorus of outsiders says yes. "It's the only real option that would allow GM to take the steps necessary ...

Area housing market slips as prices drop 14% over the past year - Record Searchlight
Redding’s housing market sizzled five years ago when it topped a government index as the fastest-appreciating area in the nation. It was the dawn of an unprecedented real estate run-up that exhausted itself in early 2006. Today, Redding is one of ...

Mariner hits stormy waters - The Age
As the Babcock & Brown executive desperately negotiates a lifeline with its bankers half-way up Chiefley Square, at the very top level of the ritzy office tower another boom-time asset shuffler is careering towards the rocks. Like Babcock, Mariner ...

commercial real estate - New York Observer
95 Morton Street. The New York-based real estate private equity firm Brickman has dropped $96.5 million on 95 Morton Street, an eight-story pile of bricks at the corner of Morton and Washington streets. The Fifth Avenue firm signed the deed on Nov ...

Fable doesn't compute in bail-out times - Hawk Eye
KANSAS CITY, Mo. -- Two-and-a-half millennia before anyone thought of bundling toxic derivatives, Aesop knew what bugged people. The foolhardy grasshopper in the ancient Greek fable "The Ant and the Grasshopper" enjoyed his summer singing while the ...

Bankruptcy With A Twist - Forbes
All this talk about a government rescue of General Motors and other automakers is misguided, likely a waste of taxpayers' money and a potential further diminution in the creditworthiness of the U.S. government. It is time, instead, to focus seriously ...