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Submitted Comments (16)
Global stock markets tumbled, Dow fell below 10,000 for first time since 2004 »
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Investors remain worried that banks are too fearful to lend and are cutting liquidity to the economy.
1 year, 2 months ago 0 replies View »
1 comment from 1 member total
Congress approved $700 billion bailout of financial industry »
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Until banks recover from credit default losses, they are going to apply more stringent lending standards. Banks may still have to digest defaults on mortgages, ...
1 year, 2 months ago 0 replies View »
1 comment from 1 member total
Stocks free-fall as House knocks down bailout plan »
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The $700 billion plan's failure means no one knows how the financial sector hobbled by hundreds of billions of dollars in bad mortgage bets will ...
1 year, 2 months ago 0 replies View »
1 comment from 1 member total
Consumer prices first monthly decline in nearly two years »
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Energy prices plunged by 3.1 percent in August, the biggest one-month drop since October 2006. Gasoline prices fell by 4.2 percent, natural gas slid 5.8 ...
1 year, 2 months ago 0 replies View »
1 comment from 1 member total
Wall Street worst day in seven years following Lehman bankruptcy & Merrill sale »
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Investors are worried that the bankruptcy filing by Lehman and a lack of investor confidence will touch off another series of troubles for banks and ...
1 year, 3 months ago 0 replies View »
1 comment from 1 member total
New episode of banking drama: FDIC needs bailout itself? »
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In the worst scenario, if all 117 banks in the problem list fail, the FDIC will be insolvent. When that happens, Congress will have to ...
1 year, 3 months ago 0 replies View »
1 comment from 1 member total
Historic U.S. government takeover of Fannie & Freddie »
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Fannie and Freddie have been badly hurt in the last year by the sharp decline in home prices as well as rising mortgage delinquencies and ...
1 year, 3 months ago 0 replies View »
1 comment from 1 member total
U.S. unemployment rate the highest in nearly five years »
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The job less-rate jump reflected how energy prices and problems in the housing and financial sectors have radiated outward to slow overall economic activity.
1 year, 3 months ago 0 replies View »
1 comment from 1 member total
Small-Cap Stocks Poise to Lead in Market Recovery »
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This latest small caps rally is the first tiptoeing of investors back in to the market.
1 year, 3 months ago 0 replies View »
1 comment from 1 member total
U.S. solid economic growth subdues recession alarm »
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The economy still has to face challenges in the months ahead. Weak consumer fundamentals is expected in the second half of the year as the ...
1 year, 3 months ago 0 replies View »
1 comment from 1 member total
Signs of Improvement as U.S. Consumer Confidence Rose in August »
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They may be showing signs of improvement by early next year.
1 year, 3 months ago 0 replies View »
1 comment from 1 member total
U.S. Leading Economic Indicators Plunged In July »
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The leading index decline reinforces the darkening outlook for growth. The worst housing recession in a quarter century, rising job cuts and shrinking access to ...
1 year, 3 months ago 0 replies View »
1 comment from 1 member total
Inflation Hit a 17-Year High »
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These inflation numbers are very bad news for the average American as high inflation reduces their purchasing power.
1 year, 4 months ago 0 replies View »
3 comments from 3 members total
Sad Liberty »
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Everybody goes through bad times. Some learn from the problems they have caused themselves, and come back stronger. Some blame others, lash out and damage ...
1 year, 4 months ago 0 replies View »
4 comments from 4 members total
The Fed Left Interest Rates Unchanged Tuesday »
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the direction and timing of future interest rate changes highly uncertain
1 year, 4 months ago 0 replies View »
2 comments from 2 members total