Contents Pages by Subject

Economy - Economics USA

Subject Photo
Article Image

Reuters

Moody's Investors Service cut its credit ratings on Berkshire Hathaway Inc from AAA, the top rating, saying the recession and investment losses at insurance operations of investor Warren Buffett's holding company reduced its ability to suppor

Article Image

McClatchy News

Many life insurers offer consumers variable annuities that pay a guaranteed return, regardless of whether bulls or bears are running the stock market. Although the obligations require payment years off, the financial markets are in such turmoil that

Article Image

Reuters

Chrysler is working around the clock to complete an alliance with Italy's Fiat that would also result in a new board for the U.S. automaker, Vice Chairman Jim Press said. Chrysler, about 80% controlled by Cerberus Capital Management, was given un

Article Image

Reuters

There's still bad news ahead for the U.S. economy and the bear market for stocks is not over yet, according to a prominent economist who foretold much of the current turmoil. Nouriel Roubini, a professor at New York University's Stern School

Article Image

Wall Street Journal

The U.S. Treasury Department plans to extend the Troubled Asset Relief Program to certain life insurers. The Treasury is expected to announce within the next several days the inclusion of life insurers that are bank

Article Image

Jessescrossroadscafe.blogspot.com/

Elizabeth Warren, chief watchdog of America's $700bn (£472bn) bank bailout plan, will this week call for the removal of top executives from Citigroup, AIG and other institutions that have received government funds in a damning report that will qu

Article Image

Bloomberg.com

Meredith Whitney, said in a Forbes interview that banks will continue to write down their mortgage assets as home prices decline further than lenders expected. The unemployment rate also has exceeded banks’ projections and could lead to further loan

Article Image

arclein

A single bank, IndyMac, lost more money than the entire Savings and Loan Crisis," reported PBS. "The difference between now and then, explains Black, is a drastic reduction in regulation and oversight, 'We now know what happens when you

News Link • Global Reported By robert klein
Article Image

Washington Post

The Obama administration is engineering its new bailout initiatives in a way that it believes will allow firms benefiting from the programs to avoid restrictions imposed by Congress, including limits on lavish executive pay, according to government o

Article Image

Youtube

We're doing the stimulus package, which we'll pay for forever, but we could have just . . . . stopped paying taxes instead. A trillion is a lot of money. When Penn Jillette has an opinion, it's a safe bet he won't hold back.

Article Image

businessjive.com

What lies at the root of the failure of our capital markets? How have regulators sought to remedy, counter, or gloss over the problems that have caused the current catastrophe? Watch this one hour online presentation and you will begin to understand

Entered By:
Article Image

AP

The current rate would be even higher — 15.6% — if it included laid-off workers who have given up looking for new jobs or have had to settle for part-time work because they can't do any better. That's the highest on record for that number in

Article Image

Washington Post

South Carolina's Republican governor will break his political logjam with the White House over stimulus funds today, his aides said, becoming the last governor in the nation to officially seek billions of dollars in federal economic recovery fund

Agorist Hosting