US works on bank debt plan, UK targets shorts - ABS-CBN
NEW YORK/WASHINGTON - Governments on both sides of the Atlantic took radical steps to restore confidence in battered financial markets on Thursday, as the United States proposed a taxpayer-funded mopping up of toxic mortgage-related debt and Britain
Bailout cost: higher than you think - CNN Money
FORTUNE (New York) -- Henry Paulson and Ben Bernanke have saved us, for now, from a market meltdown - but at the cost of allowing the folks who caused the current crisis to keep ducking reality. In the long run, guess who gets to bear that cost? The
Credit crunch squeezes Florida economy - St. Petersburg Times
To avoid defaulting on her nearly $1,500 monthly house payment, Maria Folk sold a family boat, unhooked her cable, even canceled her household phone line. But when the New Port Richey resident has called her mortgage lender pleading for a reduction
Plunder: Investigating Our Economic Calamity and the Subprime Scandal - MediaChannel.org
Danny Schechter is a media activist, critic, independent filmmaker, TV producer as well as an author of 10 books and lecturer on media issues. Some call him “The News Dissector,” and that’s the name of his popular blog on media issues. He’s
Global Telecom & Technology, Inc. Q2 2008 Earnings Call Transcript - Seekingalpha.com
Good day, everyone. Welcome to the Global Telecom & Technology, Inc. second quarter 2008 earnings conference call. Today's call is being recorded. At this time I’d like to turn the call over to Mike Bower, Vice President of Finance and Investor
Technology sector’s recent run of success is stumbling - Times Online
Phoenix IT makes much of its money from disaster recovery – providing emergency back-up services to companies to ensure that they can keep trading despite disruptions to their business. But when that disruption is as severe as insolvency, there is
Week Ahead: Another Market Roller Coaster? - CNBC
The U.S. Treasury and Federal Reserve have pulled out their financial jumper cables, but it's the details that will determine whether their massive bailout plan will recharge the markets and economy. In the week ahead, the markets will focus on how
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