Finance

Environmentalists Speak Out On Euro Auto Bailouts

Green Inc. | James Kanter | Posted 11.21.2008 | Green

Read More: Automaker Bailout, European Automakers, Finance, Environment, Cars, Financial Crisis, Green Cars, Environmental Standards, Green News

"In contrast the European plan sounds rather more like a blank check, and a very large one at that," warned Mr. Dings and Mr. Fodor. They also call i...

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Citigroup Sale Under Consideration: Bank Looking At All Options

Wall Street Journal | Posted 11.21.2008 | Business

Read More: Vikram Pandit, Citigroup, Finance, Economy, Financial Crisis, Banks, Citigroup Sale, Business News

Executives at Citigroup Inc., faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or eve...

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Crisis Not Egalitarian: Ferrari, Rolls, Maserati Sales Hold

AP | DAN STRUMPF | Posted 11.21.2008 | Business

Read More: Wealth, Finance, Economy, Financial Crisis, Cars, Billionaires, Auto Sales, Rolls Royce, Maserati, Ferrari, Business News

LOS ANGELES — With the U.S. all but certainly in a recession and many skittish consumers hesitant to buy even a Honda Accord, it would seem the ...

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Paulson Calls for More Hedge Fund Oversight

New York Times | Posted 11.21.2008 | Business

Read More: Financial Crisis, Regulating Hedge Funds, Hedge Funds, Finance, Economy, Business News

On Thursday, Treasury Secretary Henry Paulson said he wants to see more hedge fund regulation as part of his proposal for creation of a new systemic r...

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A Bad Idea: Using a Financial Solution to the Financial Crisis

Saskia Sassen | Posted 11.20.2008 | Business

Read More: U.S. Economy, Banking Crisis, Banks, Economy, Banking, Financial Crisis, Finance, Economic Crisis, Business News
Saskia Sassen

It is almost irrational to give finance the instruments to do more of what has brought us to the brink. The prior bailouts each contributed one more element to the unsustainable leveraging we have now reached.

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Is the American Shopping Mall Dead?

Newsweek | Posted 11.20.2008 | Business

Read More: Consumer Spending, Financial Crisis, Depression, Consumerism, Malls, Finance, Economy, Business News

There's something growing in the New Jersey Meadowlands, the marsh just nine miles west of Manhattan--and it isn't the gentle ferns that the bucolic n...

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Dems delay auto bailout vote, seek plan from Big 3

AP | JULIE HIRSCHFELD DAVIS | Posted 11.20.2008 | Business

Read More: Automakers, Chrysler, Automaker Bailout, Gm, Finance, Economy, Ford, Financial Crisis, Congress, Carl Levin, Business News

WASHINGTON — The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Con...

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Holiday Shopping Price Wars Move Online

New York Times | CLAIRE CAIN MILLER and BRAD STONE | Posted 11.20.2008 | Business

Read More: Holiday Shopping, Finance, Economy, Black Friday, Personal Finance, Holiday Deals, Business News

SAN FRANCISCO -- As deserted malls and department stores struggle to court cash-short consumers with steep discounts this holiday season, a similar an...

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Stocks tumble for second day; Treasurys surge

AP | TIM PARADIS and SARA LEPRO | Posted 11.20.2008 | Business

Read More: Automakers, Automaker Bailout, Wall Street, Finance, Financial Crisis, Federal Reserve, Business News

NEW YORK — Stocks plunged for a second straight day Thursday, falling to levels not seen in at least five years, as financial and energy stocks ...

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Congress extends jobless benefits; stocks fall 400

AP | JIM ABRAMS | Posted 11.20.2008 | Business

Read More: Depression, Deflation, Finance, Economy, Henry Paulson, Federal Reserve, Financial Crisis, Ben Bernanke, Interest Rates, Recession, Business News

WASHINGTON — Jarred by new jobless alarms, Congress raced to approve legislation Thursday to keep unemployment checks flowing through the Decemb...

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Report: Mark Cuban Staying Loose, Partying With Vodka And Women Amid SEC Charges

Page Six | Posted 11.20.2008 | Business

Read More: Mark Cuban Busted, Insider Trading, Mark Cuban Mamma.com, Mark Cuban Insider Trading, Finance, Cuban Insider Trading, Mark Cuban, Copernic, Sec, Mark Cuban Insider, Mark Cuban Caught, SEC Charges Cuban, Mamma.com, Vodka, Business News

Despite being recently charged by the SEC with insider trading, Mark Cuban was reportedly spotted partying with vodka and girls, reports Page Six: JU...

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Dow 8000: Markets Plummet Again

AP | JOE BEL BRUNO and SARA LEPRO | Posted 11.19.2008 | Business

Read More: Wall Street, Dow 8000, Stocks, Finance, Economy, Financial Crisis, Business News

NEW YORK — Wall Street hit levels not seen since 2003 on Wednesday, with the Dow Jones industrial average plunging below the 8,000 mark amid a d...

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Big Three CEOs Flew Private Jets To Plead For Public Funds

ABC News | Posted 11.19.2008 | Business

Read More: Private Jets, Chrysler, Gm, Finance, Robert Nardelli, Alan Mulally, Rick Wagoner, Ford, Financial Crisis, Cars, Big 3 Private Jets, Big 3 Private Flights, Big 3 Ceos' Private Flights, Business News

The CEOs of the big three automakers flew to the nation's capital yesterday in private luxurious jets to make their case to Washington that the auto i...

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Imported Cars Sitting Idle By The Thousands In Dealership Lots

New York Times | MATT RICHTEL | Posted 11.19.2008 | Business

Read More: Automakers, Depression, Finance, Economy, Cars, Financial Crisis, Auto Sales, Recession, Business News

LONG BEACH, Calif. -- Gleaming new Mercedes cars roll one by one out of a huge container ship here and onto a pier. Ordinarily the cars would be loade...

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Candid Answers I Wish I Could Give

Dan Solin | Posted 11.18.2008 | Business

Read More: 401(K), Investments, Investing, Investing Advice, Stocks, Finance, Stock Market, Economy, Business News
Dan Solin

I get asked a lot of investing questions. I am conflicted in answering them. I want to be helpful but I also want to be tactful. Here are some of the most common questions I am asked and the answers I wish I could give.

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Making the Right Choices for Education and the Economy

Randi Weingarten | Posted 11.18.2008 | Politics

Read More: Education, Nclb, Economy, Education Reform, Finance, Money, Economic Reform, Politics News
Randi Weingarten

The financial crisis, the deepening recession, and their destructive consequences all threaten state and local governments' most essential investment: educating the next generation.

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Risking Our Best Talent

Penny Herscher | Posted 11.18.2008 | Business

Read More: Financial Crisis, Wall Street Bailout, Wall Street Crisis, Bailout, Wall Street, Wall Street Bonuses, Finance, Financial Bonuses, Bonuses, Holiday Bonuses, Business News
Penny Herscher

When I hear talk of the US taxpayer wanting zero bonuses on Wall Street this year, it concerns me that the public doesn't understand how talent works.

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China Now Largest Holder Of US Treasuries

247wallst.com | Posted 11.18.2008 | Business

Read More: Financial Crisis, Global Economy, China, Finance, Economy, US Treasuries, Business News

The next time Congress wants to raise a $700 billion bailout fund or put together a new package to help a firm like AIG (AIG), Washington is going to ...

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Mark Cuban: Confidentiality Agreement Didn't Exist

Clusterstock | Joe Weisenthal | Posted 11.18.2008 | Home

Read More: Mark Cuban Busted, Insider Trading, Mark Cuban Mamma.com, Mark Cuban Insider, Mark Cuban Caught, Mark Cuban Confidentiality Agreement, Cuban Insider Trading, Finance, Mark Cuban Insider Trading, Copernic, Mark Cuban, Sec, SEC Charges Cuban, Mamma.com, Home News

As we predicted, Mark is fighting this on the grounds that he didn't have a "duty of confidentiality" and so therefore was free to trade on the inform...

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Rich Cut Back On Payments To Mistresses

The Wealth Report | Posted 11.18.2008 | Business

Read More: Wealth, Finance, Economy, Sex, Financial Crisis, Mistresses, Love, Business News

You know times are tough when the rich start cutting costs on their mistresses. According to a new survey by Prince & Assoc., more than 80% of multim...

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Lawmakers press Paulson on bailout plan changes

AP | JEANNINE AVERSA | Posted 11.18.2008 | Business

Read More: Bailout, Finance, Economy, Banks, Financial Crisis, Henry Paulson, Federal Reserve, Congress, Ben Bernanke, Business News

WASHINGTON — Faced with exasperated lawmakers upset by shifts in bailout strategy, Treasury Secretary Henry Paulson launched a spirited defense ...

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First Security Bancorp's IPO: Bank Braving Terrible Market

Business & Technology | Melissa Allison | Posted 11.18.2008 | Business

Read More: Banks, First Security Bancorp, Ipos, Finance, Economy, Business News

Despite a lifeless IPO market and the suffering of bank stocks in particular, another local bank is hoping to raise millions from investors. First Se...

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Treasury Pays $33.56B To 21 Banks, Next Round Of Applications Open

AP | MARTIN CRUTSINGER | Posted 11.18.2008 | Business

Read More: Treasury Department, Neel Kashkari, Bailout, Finance, Economy, Federal Reserve, Financial Crisis, Treasury Secretary, Business News

WASHINGTON — The government said Monday it has supplied $33.56 billion to 21 banks in a second round of payments from the $700 billion rescue pr...

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Big 3 carmakers beg for $25B, warn of catastrophe

AP | JULIE HIRSCHFELD DAVIS | Posted 11.18.2008 | Business

Read More: Automakers, Chrysler, Automaker Bailout, Gm, Finance, Economy, Ford, Big Three, Financial Crisis, Cars, Congress, Business News

WASHINGTON — Detroit's Big Three automakers pleaded with a reluctant Congress Tuesday for a $25 billion lifeline to save the once-proud titans o...

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Democrats Propose New $25 Billion Bailout, Would Limit Pay

AP | JULIE HIRSCHFELD DAVIS | Posted 11.17.2008 | Business

Read More: Chrysler, Automaker Bailout, Gm, Finance, Economy, Ford, Cars, Financial Crisis, Business News

WASHINGTON — Prospects dimmed on Monday for the $25 billion bailout that U.S. automakers say they desperately need to get through a bleak and da...

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