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    Feb 1, 2012 |Story| AP Member Choice Complete
  1. Dec 23, 2008 |Story| Los Angeles Times
  2. The missing parts to get Detroit roadworthy again

    President Bush saved thousands of jobs in the U.S. automobile industry last week when he agreed to provide General Motors and Chrysler with  $13.4 billion  from the  Troubled Asset Relief Program. The low-interest loans will keep the two manufacturers from defaulting on multibillion-dollar payments to suppliers next month, an event that could have triggered a broad collapse. Yet the move hasn't exactly drawn rave reviews. Some economists contend that the administration was simply throwing good money after bad. And  United Auto Workers President Ron Gettelfinger  complained that the administration had imposed "unfair conditions singling out workers."
    President Bush saved thousands of jobs in the U.S. automobile industry last week when he agreed to provide General Motors and Chrysler with $13.4 billion from the Troubled Asset Relief Program. The low-interest loans will keep the two manufacturers from...

    Tags: Career and Workplace, Employees, Freddie Mac, Fannie Mae, Automotive Equipment

  3. Oct 31, 2008 |Story| Los Angeles Times
  4. Rx for our financial crisis

    Call it &quot;a bailout in every pot": Having poured money into storied Wall Street institutions and major banks, the federal government is considering more aid for homeowners who are defaulting on their mortgages, along with billions in loans to help two U.S. automakers merge their troubled operations. There's also talk of <a href="http://latimesblogs.latimes.com/presidentbush/2008/10/new-stimulus.html">another stimulus package </a> of $150 billion or more.
    Call it "a bailout in every pot": Having poured money into storied Wall Street institutions and major banks, the federal government is considering more aid for homeowners who are defaulting on their mortgages, along with billions in loans to help two U.S....

    Tags: Financial Markets, Politics, Freddie Mac, Financial and Business Services, Fannie Mae

  5. Jan 16, 2008 |Story| Los Angeles Times
  6. Citigroup loses nearly $10 billion

    The sub-prime mortgage crisis hit Wall Street with full fury Tuesday as Citigroup Inc. reported a nearly $10-billion fourth-quarter loss, and both Citigroup and Merrill Lynch & Co. got cash infusions to shore up their financial stability.
    Los Angeles Times Staff Writers
    The sub-prime mortgage crisis hit Wall Street with full fury Tuesday as Citigroup Inc. reported a nearly $10-billion fourth-quarter loss, and both Citigroup and Merrill Lynch & Co. got cash infusions to shore up their financial stability. Citigroup...

    Tags: Management Change, Companies and Corporations, Kuwait, Earnings Forecasts, Layoffs and Downsizing

  7. Jun 28, 2007 |Story| Los Angeles Times
  8. Sub-prime subplots

    BY NOW, MOST OF US know that sub-prime mortgages are hurting many homeowners. But economists have warned that they could have repercussions for the broader economy too. Those warnings came to life this month when two hedge funds run by the Wall Street...

    Tags: Money and Monetary Policy, Stock Broking, Homes, Stock Activities, Bonds

  9. Apr 3, 2008 |Story| Los Angeles Times
  10. Mortgage relief plan advances

    Los Angeles Times Staff Writers
    Senate Democratic and Republican leaders reached agreement Wednesday on a multibillion-dollar package to address rampant foreclosures and other problems stemming from what may be the worst housing slump since the Great Depression. The compromise measure,...

    Tags: Barney Frank, Defense, Tax Credits, Veterans Affairs, Homes

  11. Mar 14, 2008 |Story| Los Angeles Times
  12. AOL looks for a Bebo bump

    Los Angeles Times Staff Writer
    AOL has a new buddy: Bebo. After several months of negotiation, Time Warner Inc.'s AOL agreed Thursday to buy the social networking site for $850 million, part of its bold strategy to grab a greater share of online advertising. Analysts say it's a...

    Tags: AOL LLC, Companies and Corporations, Mergers, Acquisitions and Takeovers, Sociology, MySpace

  13. Mar 27, 2008 |Story| Los Angeles Times
  14. Relief or a raw deal?

    Today, Leonard and Thornberg debate the extent to which the government should facilitate loan modifications to prevent foreclosures. Previously, they discussed the public's reluctance to support federal assistance for troubled borrowers and regulating...

    Tags: Interior Policy, Politics, Federal Reserve, Financial and Business Services, HSBC Holdings plc

  15. Mar 20, 2008 |Story| Los Angeles Times
  16. A new Great Depression? It's different this time

    Dysfunctional capital markets, frantic central banks, stressed-out consumers, fear and uncertainty -- all are alarming echoes of the global economic cataclysm of the 1930s.
    Los Angeles Times Staff Writer
    Dysfunctional capital markets, frantic central banks, stressed-out consumers, fear and uncertainty -- all are alarming echoes of the global economic cataclysm of the 1930s. Which raises the inevitable question: Could another Great Depression be lurking...

    Tags: Central Bank, University of California, Berkeley, Unemployment, Banking, History

  17. Mar 28, 2008 |Story| Los Angeles Times
  18. Wall Street bailout?

    Thornberg and Green conclude this week's Dust-Up with a debate on the recent Bear Stearns deal. Previously, they discussed the public's reluctance to support federal assistance to borrowers, payday lender regulation and to what extent the government...

    Tags: Investment Service, Federal Reserve, Banking, Wages and Pensions, Freddie Mac

  19. Apr 10, 2008 |Resource Link| Los Angeles Times
  20. Dec 23, 2011 |Story| Baltimore Sun
  21. First Mariner's Hale retires

    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp &#8212; the banking company he built, only to scramble in the housing market collapse and recession to save it from failure.
    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...

    Tags: Companies and Corporations, Wilmington Trust Company, Services and Shopping, Corporate Officers, Mercantile Bankshares Corp.

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Bears Stearns Cos. Photos
Traders work on the floor of the New York Stock Exchang...
(March 14, 2008)
Uncertain future