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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: Louisiana, Missouri, National Government, Politics, Texas
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FDIC insurance once seen as risky
The Swampby Frank James One of the new features of the revised Wall Street bailout plan scheduled to be voted on in the Senate tonight is an expansion of the Federal Deposit Insurance Corp's coverage to accounts of $250,000 from $100,000.......Tags: Financial Markets, Parliament, Phil Gramm, Upper House, Alan Greenspan
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Senate reviving bailout: Adding sugar
The Swampby Mark Silva The Senate will attempt to revive the president's $700 billion financial market bailout today, adding some sweeteners to try to make it more palatable to the House, which rejected it y 228-205 on Monday. It's said the......Tags: American Apparel, Metal and Mineral, Financial and Business Services, Politics, Mortgages
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Bailout crisis partly created in DC room
The Swampby Frank James After nearly every disaster involving Americans, there's the usual investigation to figure out why the plane crashed or the ship sank and to affix blame. The difference between most calamities and the present financial-markets meltdown is...Tags: Business Enterprises, Goldman Sachs Group, Inc., Financial Markets, Indiana, Insurance
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Obama, McCain: 'Terrorists, Keating Five'
The Swampby Mark Silva "Terrorist'' versus corrupt banker: In the game of guilt by association and mutual assured destruction that the two leading candidates for president appear poised to play, both campaigns are reaching back into the past to find someone......Tags: Unrest, Conflicts and War, Punishment, Political Campaigns, Michigan, Ethics
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Bailout czar identified
The Swampby Frank James Treasury Secretary Henry Paulson Jr., whose bald pate has become a fixture on our TV screens in recent weeks, has tapped his similarly bald protege Neel Kashkari as bailout czar. Kashkari, like Paulson, is a former Goldman......Tags: NASA, Diplomacy, Goldman Sachs Group, Inc., National Government, Politics
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Bush: 'Anxiety feeds anxiety'
The Swampby Mark Silva President Bush, addressing the nation at a "deeply unsettling period for the American people,'' vowed today that the government will solve the underlying problems of the financial meltdown that was dragging the Dow Jones Industrial Average...Tags: Florida, Stock Activities, $700 Billion Bank Bailout (2008), Heads of State, National Government
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Details on market bailout emerge
The SwampAssistant Treasury Secretary Neel Kashkari speaks to the Institute of International Bankers Monday. (AP/Haraz N. Ghanbari) by James Oliphant Neel Kashkari has a critical job that didn't even exist a few weeks ago. He's the "assistant secretary for...Tags: Business Enterprises, Business, Moving and Storage, Goldman Sachs Group, Inc., Contracts
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Bush: World economies shall overcome
The Swampby Mark Silva President Bush, meeting with representatives of the world's major industrial nations, maintains that they are making concerted efforts to confront a global freezing of lending that is dragging down markets worldwide. "I'm confident that...Tags: Financial Markets, National Government, Economy, Business and Finance, Business Institutions, Financial and Business Services
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Hank Williams Jr. sings McCain's praise
The Swampby Frank James Country star Hank Williams Jr. has penned a tune for Sen. John McCain and Gov. Sarah Palin callled "McCain-Palin Tradition." Williams managed to get in the McCain campaign's talking points, of last week at least, that......Tags: Unrest, Conflicts and War, Music, Executive Branch, Bill Clinton, National Government
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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, Heads of State, Ben Bernanke, National Government, Henry Paulson
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GOP on Emanuel: This is change? (Updated)
Spin CycleRahm Emanuel, left, takes the job as WH chief of staff and -- after a one day lapse -- the Republican National Committee is back on the attack: "OBAMA'S BROKEN PROMISE: After Promising Change, Obama Selects Hyper-Partisan Wedded To......Tags: Business Enterprises, Heads of State, Litigation and Regulation, Bill Clinton, Chicago Sun-Times
Oct 1, 2008
|Blog| Chicago Tribune
Oct 1, 2008
|Blog| Chicago Tribune
Oct 1, 2008
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Oct 3, 2008
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Oct 6, 2008
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Oct 7, 2008
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Oct 10, 2008
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Oct 13, 2008
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Oct 11, 2008
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Oct 14, 2008
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Oct 14, 2008
|Blog| Chicago Tribune
Nov 6, 2008
|Blog| Newsday
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