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General Motors To File Bankruptcy Monday In Lower Manhattan
General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection on Monday in a deal that will give taxpayers a 60 percent ownership stake and expand the government's reach into big...Tags: Barack Obama, Automotive Equipment, General Motors Corp., CNN (tv network), China
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Investors snap up beaten down shares after Wall Street's big sell-off, credit concerns linger
NEW YORK (AP) _ Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector. But the seized-up credit markets where businesses turn to raise...Tags: Consumers, NYSE Euronext, Inc., Sales, Consumer Confidence, Financial Markets
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Most Asian markets recover on hopes of U.S. bailout
TOKYO -- Most Asian markets bounced back Wednesday on hopes that a $700 billion bailout for the U.S. financial system will soon win legislative approval, although doubts persisted about the long-term outlook for the global economy. Japan's Nikkei 225...Tags: Taiwan, U.S. House of Representatives, Mitsubishi UFJ Financial Group Incorporated, Economy, Business and Finance, Big 3 Auto Bailout (2008)
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Bailout's failure on Paulson's head?
The Swamp(Photo: SAUL LOEB/AFP/Getty Images) by Frank James As the fingerpointing continues following the House's failure to pass the $700 billion bailout, a lot of blame is going to Treasury Secretary Henry Paulson Jr. for first trying to run roughshod......Tags: American International Group, Goldman Sachs Group, Inc., Lehman Brothers Holdings Inc., Federal Reserve, National Government
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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: Politics, Standards, National Government, U.S. Securities and Exchange Commission, Financial Markets
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Bailout alternative offered by House Dems
The SwampRep. Peter DeFazio introduces the "No Bailout Act" with other House members on September 30, 2008 on Capitol Hill. (Photo: TIM SLOAN/AFP/Getty Images) by Frank James You know the failed but still alive $700 billion bailout proposal has scrambled......Tags: Politics, CEO Pay, National Government, U.S. Securities and Exchange Commission, State Budgets
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Ron Paul, Dennis Kucinich: 'Lipstick' off
The Swampby Mark Silva Ron Paul and Dennis Kucinich are on top. Let history record that, for one fleeting moment perhaps this week, the most anti-establishment candidates for either major parties' presidential nominations this year - two who stirred a lot......Tags: Politics, Political Candidates, National Government, State Budgets, Government
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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: Weather, Alan Greenspan, Federal Reserve, Weather Warnings, Ben Bernanke
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Senate predicts bailout passage today
The Swampby Mark Silva With added sweeteners for resistant Republicans and Democrats alike, Senate leaders are voicing confidence today that they can win the $700-billion bailout of the nation's financial markets stalled on Capitol Hill. "We're going to fix the...Tags: Barack Obama, Politics, Banking, Mitch McConnell, National Government
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Automakers Get Loans, Want Bailout Too
KickingTiresWall Street isn???t alone in looking for a bailout; the Wall Street Journal reported today that even after getting $25 billion in low-interest federal loans to upgrade their plants so they can make more fuel-efficient cars (President Bush signed the......Tags: George W. Bush, Passenger Cars, Fuel-efficient Vehicles, National Government, Automotive Equipment
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House clears bailout path
The Swampem>by Mark Silva The House has cleared the path for a $700 billion bailout of the nation's financial institutions today, warming up to a sweetened plan it rejected Monday. With a 223-205 vote this morning, the House has blocked any......Tags: George W. Bush, Mick Jagger, National Government, White House, Henry Paulson
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McCain, Obama debate: Pass the pork
The Swampby Bob Secter Imagine for a moment if John McCain were running against John McCain. The first John McCain might be having a field day right now attacking the second John McCain for voting in the U.S. Senate last week......Tags: Barack Obama, Public Finance, Politics, State Budgets, John McCain
Jun 1, 2009
|Story| WPIX-LTV
Sep 30, 2008
|Story| WPIX-LTV
Oct 1, 2008
|Story| WXIN-LTV
Sep 30, 2008
|Blog| Chicago Tribune
Sep 30, 2008
|Blog| Newsday
Sep 30, 2008
|Blog| Chicago Tribune
Sep 30, 2008
|Blog| Chicago Tribune
Oct 2, 2008
|Blog| Chicago Tribune
Oct 1, 2008
|Blog| Chicago Tribune
Oct 1, 2008
|Blog| Cars.com
Oct 3, 2008
|Blog| Chicago Tribune
Oct 7, 2008
|Blog| Chicago Tribune
Original site for $700 Billion Bank Bailout (2008) topic gallery.
