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US Bails Out Major Credit Unions FOXNews Two years after the peak of the financial crisis, the federal government swooped in to stabilize a crucial part of the credit-union sector battered by losses on subprime mortgages. Regulators announced Friday a rescue and revamping of the nation's ... See all stories on this topic » | ||
Lehman art collection takes in $12.3 mln at auction Reuters NEW YORK, Sept 25 (Reuters) - An auction of fine art from the Lehman Brothers collection took in $12.3 million on Saturday, beating expectations but barely denting the billions owed from the financial group's 2008 bankruptcy, the biggest in US history. ... See all stories on this topic » | ||
BP fund czar promises bigger, faster claims The Associated Press NEW ORLEANS — Victims of the Gulf of Mexico oil spill should start getting bigger payments faster, the administrator of the fund set up to help them said Saturday. Kenneth Feinberg said he was responding to criticism from residents and businesses. ... See all stories on this topic » | ||
DOJ Strikes Down No-Poach Deals Among Big Tech Companies The Atlantic Tech companies often say it's hard to retain good talent. So, Google, Intel, Apple, Pixar, Intuit, and Adobe tried to make it a little easier on themselves by cutting deals in which they agreed not to recruit each other's employees. ... See all stories on this topic » | ||
Recessions and Recoveries Are Not All the Same New York Times By FLOYD NORRIS In the old days — before 1990 — American recessions tended to be fairly sharp. But the recoveries, when they came, were also rapid. Laid-off workers were recalled and consumers who had deferred purchases out of fear they might lose ... See all stories on this topic » | ||
Economy Offers Better Signals With Home Sales, Durable Orders Forbes The details in the August durable goods and new homes data offered some redemption to their otherwise disappointing headline numbers. On Friday the Commerce Department reported that durable goods orders slipped 1.3% in August, from the upwardly revised ... See all stories on this topic » |
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