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Tag: Bailout

 

Son, Get a Job Where You Shower Before Work!

Paul Sterne Region: New York

In the 19th Century, Horace Greeley's sage advice to an aspiring youth was “Go West Young Man”. In the 20th Century, in The Graduate, Duffin Hoffman’s character, Benjamin Braddock, is given the ... more

Views: 2096
 

Obama’s New Economic Plan Preempts McCain

Finding Dulcinea Region: Ohio

In a speech delivered Oct. 13, the Democratic presidential candidate outlined a detailed economic stimulus plan to help lessen the impact of the financial crisis on Americans, particularly the middle class.   Obama ... more

Views: 1123
 

Banker-Turned-Monk Draws Lessons from Wall Street Crisis

Finding Dulcinea Region: United States

A former Nasdaq trader who abandoned Wall Street for a Bulgarian monastery believes the current crisis should cause financiers to focus on what’s really important in life.   Worldly Crisis, Spiritual Lessons ... more

Views: 1226
 

Congress Tries Again At Bailing Out Wallstreet

Jason Li Region: United States

After Monday's surprise no-go for the Emergency Economic Stabilization Act, Congress is optimistic that the new proposal will pass. Congressional leaders are betting that the secret ingredient for getting the $700 billion... more

Views: 638
 

Bailout fails.....Brother can you spare a dime?

Anna Region: New York

  Or a few million? Now that the House has failed to pass the economic rescue package I have another idea. Let’s pass the hat.  How about all of those fatcat bankers and hedge fund managers doing what Warr... more

Views: 1309
 

Voting Begins on Wallstreet Bailout

Jason Li Region: United States

US lawmakers are casting their votes today on a $700 billion dollar bailout plan backed by the President. Treasury Secretary of State Henry Paulson drafted the initial bailout, but Republicans and Democrats concerned abou... more

Views: 1172
 

The Party's Over on Wall St; $700B Rescue plan announced to halt credit crisis

Jacob Cherian Region: Maryland

Washington DC, MD (Marketsblog) - U.S. lawmakers have come up with a plan to rescue the financial system in the country from the persitent effects of the credit crunch. The plan involves buying up to $700 billion worth of... more

Views: 1312
 

Republican Discontent: Huckabee Down on McCain and Bush

Michael Krebs Region: United States

The debate between Senator McCain and Senator Obama tonight is on, but not without some damage to the Republican candidate – and to President Bush’s flailing credibility, for that matter.   So says Forme... more

Views: 1993
 

In Second Try, House Approves Bailout

Finding Dulcinea Region: District of Columbia

House Passes Bailout   The House voted in favor of a revised $700 billion bailout plan Friday, capping a tumultuous week on Capitol Hill. The House of Representative voted Friday afternoon to pass the bailout bill,... more

Views: 955
 

Vital cause of deeper downturn in US economy

Mohan Nepali Region: Washington

Financial scientists trained in a money-and-money-only way all over the world have been searching causes behind the latest financial crisis affecting US and world economy. But they are puzzled. The US Administration, the c... more

Views: 2225




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