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The Subliminal Slam-Dunk (Mary Lyon)
Oct. 8, 2008 (World News Trust) -- I was going to start out by calling the second Presidential Candidates’ Debate between Barack Obama and John McCain a “running out the clock” affair for Obama. ...
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Sundown On The Union (T.P. McWhorter)
Oct. 8, 2008 (World News Trust) -- Hey all. As I contemplate the day here in Malta, I listened to a bunch of great music and I figured today I would let a poem say all that needs to be said.
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IMF Predicts Global Economy Heads for `Major Downturn' in 2009 (Christopher Swann)
Oct. 7 (Bloomberg) -- Global growth is headed for a ``major downturn'' next year, as U.S. gross domestic product grinds close to a halt, the International Monetary Fund said in a staff report ...
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Fed Sets Floor Below Rate Target, Engineering `Stealth' Cut (Scott Lanman)
Oct. 7 (Bloomberg) -- The Federal Reserve may have trimmed borrowing costs yesterday without actually saying so.
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Fed to Purchase U.S. Commercial Paper to Ease Crunch (Craig Torres)
Oct. 7 (Bloomberg) -- The Federal Reserve will create a special fund to purchase U.S. commercial paper after the credit crunch threatened to cut off a key source of funding for corporations.
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When Gimlet Eyes Look The Other Way (Garrison Keillor)
It’s just human nature that some calamities register in the brain and others don’t. The train engineer texting at the throttle (”HOW R U? C U L8R”) and missing the red light and 25 people die in the ...
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Emerging Markets Hammered Amid Global Crisis (Polya Lesova)
NEW YORK (MarketWatch) -- Emerging-market assets around the world came under heavy selling pressure on Monday, as the global financial crisis prompted a spike in risk aversion and encouraged ...
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Asian Stocks Fall to 3-Year Low as Credit-Market Crisis Widens (Chua Kong Ho and Nick Baker)
Oct. 6 (Bloomberg) -- Asian stocks fell, dragging the region's benchmark index to its lowest level in more than three years, as deteriorating credit markets forced new bailouts of Hypo Real Estate ...
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60 Minutes: A Look at Wallstreet's Shadow Market (Video)
60 Minutes on the largely unregulated Credit Default Swap and Derivatives markets that lead to financial meltdown.
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