Lockhart already acknowledged a cap for support like this at $200 billion tops for Fannie + Freddie. Real news would be raising this number, or Hank hinting that the sky’s the limit...
Ford Motor Co. ... said its U.S. sales fell 30 percent in October, the 23rd decline in the past 24 months. And Ford is probably in the best shape of the U.S. automakers.
This car leaves the highest-mpg vehicles you can buy right now in the dust. Even if it used only regular gasoline, the air car would average 106 mpg, more than double today's fuel sipping champ, the Toyota Prius.
A New York federal judge blocked Argentina from transferring out of the U.S. investments held by its pension funds, granting a request by bondholders holding a $553 million judgment against the South American country.
Russia's president says the United States is to blame for the global financial crisis -- and presents his case in an online preview of his state-of-the-nation speech.
Argentina's government pressed forward with its plan to nationalize $30B in private pension funds, laying out investment guidelines for the funds it wants to seize and lobbying Congress to approve the proposal.
Due in part to its deteriorating liquidity position and the continued weak macroeconomic environment, the company has decided to take certain restructuring actions immediately, including closing 155 domestic segment stores...
Treasury and banking regulators say as many as 1,800 publicly held institutions could apply for government investments in coming weeks, out of concern that failing to do so could make them losers...
I want to appease the new administration and not be too productive. So, upon Obama's passing his new redistribution plan, I will slow my work schedule, lay off a few people (Obama's got their back) and let someone else bust his tail.
Intel has released the prices of the Core i7 "Nehalem" quad-core processors, which the company has said will ship before the end of November. For less than $300, you can buy one. [a 3 core crippled one]
The U.S. may sell a net $388 billion of bills, notes and bonds this quarter, up from $178.4 billion last quarter and $33.4 billion in the same period of 2007, according to a quarterly survey. Ten times last year's levels.
November 2008 looks iffy, but just in case, we've started ImpeachMcCain.com. After the inaugural, the fears that people have had about McCain become true. And impeachment, disgrace and resignation could be close behind.
To return to baseball metaphors: As I said earlier, I believe the credit crisis is probably in the eighth inning. The economic crisis is still taking batting practice. As far as the funding crisis goes, I don't think folks even realize that game
When ballot loafers waste their votes on nuisance candidates, who blame America for 9/11, not the terrorists, and argue that any terrorist attack on America is our fault, the change of direction from the center to the extreme left and to the edge has
Bolivia's leftist President Evo Morales accused U.S. anti-drug agents of spying on Saturday, and barred them from fighting cocaine traffickers in the Andean country until further notice.
Whoever wins on Nov. 4, few Americans will harbor any illusions about their national unity. No matter which pairing one chooses there is no getting around our status as a country divided, a people set apart from one another as much by regional cultur
The Founding Fathers dressed up as Indians to dump tea into the harbor for what is known as the Boston Tea Party. They boarded commercial vessels and destroyed the cargo on board to protest the tax. They disguised themselves because they could'
A microscopic device that could swim through the bloodstream and directly target the site of disease, such as a tumor, could offer radical new treatments. To get to a tumor, however, such a device would have to be small and agile enough to navigate t
A spy in the sky is keeping track of the riskiest sex offenders. Satellite tracking is monitoring their every step.
"Looking at the terrain, I'm guessing he's sleeping on that hillside," says Jeff Haberman, a community correction
In an opinion issued Friday in a lawsuit filed by the National Security Archive, the American Civil Liberties Union and the Electronic Privacy Information Center, the U.S. District Court for the District of the Columbia ordered the Department of Just
“Do as we say, not as we do.” That seems to be the modus operandi for some top employees of the two primary scam-cam vendors, American Traffic Solutions and “rival” Redflex Group.
Ferrell also said the case was important in the context of citizens’ freedom of speech. “Police were stopping people for real or imaginary criminal activities and asking for identification,” he said. “It was a tactic to gather intelligence.
At least 7.5 million Americans owe more on their mortgages than their homes are currently worth, according to a real estate research firm's report released Friday.