Bailouts

Feeling the Pinch - Roundup of Economic News

Posted Thu, 11/20/2008 - 10:27 by roxy
Things just seems to be getting more dismal on the economic front. Even after the approval of the bailout or TARP, the Dow is still flirting with 8,000 and foreign markets are declining. There are visible signs locally, with decreased traffic, fewer people eating out, and even tho retailers are offering huge sales the number of shoppers is down. 

Open Thread -- Mo' Money

Posted Wed, 11/19/2008 - 08:01 by Open Thread

So where is the money coming from?

CEOs Urge $500B bailout

$700B - $500B ... these numbers are tossed around like they only exist in some arbitrary spreadsheet somewhere.  But in the end our grandchildren will still be paying the bills for these blunders.  Seems like the treasury doors have been taken off their hinges and it is a free-for-all ...

*********

Daily News is on hiatus for a week, so please add news items of interest, rants or raves, in the comments.

jimstaro's picture

Freddie, Fannie And Friends

Posted Wed, 07/16/2008 - 03:16 by jimstaro
The wonderful world of our capitalist society, small c for the few that capitalize!
With trouble brewing inside mortgage giants Freddie Mac and Fannie Mae, Armen Keteyian reports that the nation is learning more and more about the companies and their friends in high places.