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SPONTANEOUS ME Spontaneous me, Nature, The loving day, the mounting sun, the friend I am happy with, The arm of my friend hanging idly over my shoulder, The hill-side whiten’d with blossoms of the mountain ash, The same, late in autumn—the hues of red, yellow, drab, purple, and light and dark green, The rich coverlid [...] Congress has a plan Lawmakers agree on bailout principles to protect taxpayers and ensure oversight. NEW YORK (CNNMoney.com) — Lawmakers have reached agreement on a bipartisan counterproposal to the Bush administration’s $700 billion financial bailout plan. Both parties and both houses agreed Thursday to a set of principles on revisions to the rescue plan, which [...] I need a transcript!!! I did agree with this statement: “I understand the frustration of responsible Americans who pay their mortgage on time, file their tax returns every April 15th and are reluctant to pay the excess costs on Wall Street,” he said. But, he added, “given the situation we’re facing, not passing a [...] Crisis on Wall Street as Lehman Totters, Merrill Is Sold, AIG Seeks to Raise Cash – WSJ.com Fed Will Expand Its Lending Arsenal in a Bid to Calm Markets; Moves Cap a Momentous Weekend for American Finance NEW YORK — The American financial system was shaken to its core on Sunday. Lehman Brothers Holdings Inc. [...] The financial system | What went wrong | Economist.com “A COMPANY for carrying out an undertaking of great advantage, but nobody to know what it is.” This lure for the South Sea Company, published in 1720, has a whiff of the 21st century about it. Modern finance has promised miracles, seduced the brilliant and [...] Rescue Me: A Fed Bailout Crosses a Line WHAT are the consequences of a world in which regulators rescue even the financial institutions whose recklessness and greed helped create the titanic credit mess we are in? Will the consequences be an even weaker currency, rampant inflation, a continuation of the slow bleed that we have [...] |
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