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Lawmakers: Wall Street Rescue Accord Reached (MSNBC)
Dodd, Frank: Agreement in principle, expect passage of bill within days
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Jobless claims soar near 7-year high (David Goldman)
First economic report since financial meltdown shows initial unemployment claims rose by 7%, boosted by Hurricanes Gustav and Ike.
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Paulson's Bail-Out Package Threatened as FBI Investigates Alleged Corporate Fraud (James Doran)
A major investigation by the FBI into alleged corporate fraud among firms involved in the subprime mortgage crisis threatens to derail U.S. Treasury Secretary Hank Paulson's $700billion bail-out ...
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Bringing Down Wall Street as Ratings Let Loose Subprime Scourge (Elliot Blair Smith)
Sept. 24 (Bloomberg) -- Frank Raiter says his former employer, Standard & Poor's, placed a ``For Sale'' sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ...
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Traders Sowing Seeds of Destruction Prompt Crackdown
Sept. 24 (Bloomberg) -- The $62 trillion market for credit- default swaps, created to protect banks from loan losses, helped fuel a near-meltdown in the financial system and now may be regulated for ...
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Analysis: Capitalism's raw edge on display (Bolaji Ojo)
U.S. Treasury Secretary Henry Paulson says the era of "raw capitalism" is over. He is mistaken.
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Sources: FBI investigating possible fraud by Fannie, Freddie, Lehman, AIG and their executives
WASHINGTON - The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned.
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'Grim' Afghanistan Report To Be Kept Secret by US (Brian Ross)
"No Plans to Declassify" New National Intelligence Estimate for White House
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Nobel Laureate Merton Says $4 Trillion Lost as Home Prices Fall (Sree Vidya Bhaktavatsalam)
Sept. 23 (Bloomberg) -- Robert Merton, the Nobel Prize- winning economist and co-founder of Long-Term Capital Management, said plunging real-estate prices wiped out as much as $4 trillion in value ...
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Oct. 1st Military starts Martial Law Mission (Video)
1 Oct 2008, the 1/3 Brigade of the US Army starts it's new mission in the continental United States.
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Bailout Shmailout (T.P. McWhorter)
(World News Trust) -- In Malta, the locals have a saying that goes like this, "Bad business is wrong, and to insure bad business is a slap to your own face." It sounds better in the original ...
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