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Bailout: Tentative deal reached
The Swampby James Oliphant A tentative deal has been struck between Democratic and Republican members of Congress on the massive $700 billion plan to rescue America's financial sector. Sen. Christopher Dodd and Rep. Barney Frank, who have been leading the talks......Tags: Economy, Business and Finance, Christopher Dodd, Business, Bankruptcy, Republican Party
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Bush and co. talking down economy?
The Swampby Frank James Used to be talking down the economy was something government officials weren't supposed to do, especially senior U.S. officials. Conservatives often bashed liberals who they frequently perceived as trying to talk the economy into...Tags: Economy, Business and Finance, George W. Bush, National Government, Federal Reserve, Elections
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McCain, Obama calling: Bailout going OK?
The Swampby Mark Silva With help like this... The reviews on John McCain's impact on the congressional bailout negotiations were rather mixed - with fellow Republicans insisting that he had helped, and Democrats complaining that he had helped run the talks......Tags: Elections, Roy Blunt, Mario Diaz-Balart, Political Candidates, Corporate Crime
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Crisis: McCain says mark-to-market suspended
Spin CycleMcCain's campaign sends out an e-mail praising the SEC for dropping "mark to market" rules -- financial accounting rules that essentially require that securities that have lost value be written down to their actual value instead of being carried at......Tags: JPMorgan Chase & Co., Economy, Business and Finance, Washington Post Co., Federal Reserve, Prices
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McCain, Bernanke: 'Not overly pleased'
The Swampby Mark Silva The stunning news about the American economy delivered in the private session that Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson held with congressional leaders on Capitol Hill two weeks ago today has been...Tags: Economy, Business and Finance, Weather, National Government, Federal Reserve, Weather Warnings
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Senate bailout vote pressures House
The Swampby Mark Silva So it is the Senate that goes first with the bailout -- some call it rescue -- of the nation's bad-mortgage-clogged banking institutions, with a vote tonight of 74-25. The Senate's strong and bipartisan approval of a......Tags: Federal Reserve, Goldman Sachs Group, Inc., Jack Reed, John McCain, Government
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Fed adds lube to financial gears
The Swampby Frank James Federal Reserve Chair Ben Bernanke, one of the world's foremost experts on the Great Depression, has obviously learned much from history and is determined not to repeat it. One reason the Great Depression became so durable according......Tags: Economy, Business and Finance, Federal Reserve, Finance, Mutual Funds, Credit Ratings
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Money's cheaper but trust is still a bust
The Swampby Frank James Federal Reserve Chairman Ben Bernanke hinted yesterday in a speech he gave to business economists that the central bank was disposed to another interest-rate cut because of the economy's weakness. We didn't have long to wait.......Tags: Economy, Business and Finance, Federal Reserve, Money and Monetary Policy, Central Bank, Inflation and Deflation
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Paulson blew it: French finance minister
The Swampby Frank James Sacrebleu. Looks like when the G-7 finance ministers meet in the Washington Friday, there could be some awkward moments between Treasury Secretary Henry Paulson Jr. and French counterpart, Christine Lagarde. She thinks has botched things...Tags: Federal Reserve, Freddie Mac, Bankruptcy, Lehman Brothers Holdings Inc., Stock Market
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Bush, Paulson should just follow Brit lead
The Swampby Frank James In digging out of their part of the global financial hole, the British may have an advantage over the U.S. in that they have a prime minister who, prior to his current job, was the Chancellor of......Tags: Economy, Business and Finance, Franklin Delano Roosevelt, Federal Reserve, Financial and Business Services, Economic Policy
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U.S. banks partly nationalized
The Swampby Frank James It took the Bush Administration longer than many experts believe it should have taken to get there, but today's big news is that the administration has finally arrived at the point many economists weeks ago urged it......Tags: Stock Activities, George W. Bush, National Government, Federal Reserve, Heads of State
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Bernanke backs new fiscal stimulus
The Swampby Frank James Federal Reserve Chairman Ben Bernanke backed the idea of a second economic stimulus package when he testified before the House Budget Committee this morning. Bernanke didn't give many specifics, including how large such a stimulus there.......Tags: George W. Bush, National Government, Federal Reserve, Government, Politics
Sep 25, 2008
|Blog| Chicago Tribune
Sep 25, 2008
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Sep 27, 2008
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Sep 30, 2008
|Blog| Newsday
Oct 2, 2008
|Blog| Chicago Tribune
Oct 2, 2008
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Oct 7, 2008
|Blog| Chicago Tribune
Oct 8, 2008
|Blog| Chicago Tribune
Oct 9, 2008
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Oct 14, 2008
|Blog| Chicago Tribune
Oct 14, 2008
|Blog| Chicago Tribune
Oct 20, 2008
|Blog| Chicago Tribune
Original site for Ben Bernanke topic gallery.
