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Feed items 11 - 20 of 20 for September 2008

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U.S. Seizes Control of AIG With $85 Billion Emergency Loan - September 17, 2008

Invoking extraordinary powers granted after the 1929 stock market crash, the government seized control of the insurance giant American International Group to preserve a crucial bulwark of the global financial system.
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/_CbH3VWhFX0/AR200809160217...

Fed Leaves Key Rate Unchanged - September 17, 2008

The Federal Reserve yesterday elected to leave the interest rate it controls unchanged, rebuffing calls to bolster the economy at a time of global turmoil in financial markets.
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/lgr5csgFyUE/AR200809160192...

FDA Bans Imports of 28 Indian-Made Drugs - September 17, 2008

The Food and Drug Administration said yesterday that it was halting importation of 28 drugs made by the giant Indian generic drug maker Ranbaxy Laboratories because of manufacturing deficiencies at two of the company's plants.
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/k-s885L0OQg/AR200809160300...

On the Line for Others' Losses - September 17, 2008

After World War II, a far-flung insurance company in China run by an American businessman took a risky bet insuring that about 20 boats filled with Americans would make it back to the United States.
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/fsXhLCVOx8A/AR200809160350...

McCain BlackBerry Easily Connects With Gore Internet - September 17, 2008

The campaign of Sen. John McCain wanted to be clear yesterday: The Arizona Republican did not help create the BlackBerry.
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/OeWAXOg6Pto/AR200809160322...

Lawmakers Seek Market Intervention - September 17, 2008

Lawmakers from both parties clamored yesterday for fresh government action to stabilize chaotic financial markets, with options ranging from tough new regulation of Wall Street investment banks to creation of a federal entity that would take over their bad assets, much as the Resolution Trust...
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/PoqKulY7lNU/AR200809160348...

Supplies Scarce, Patience Thin Around Houston - September 17, 2008

HOUSTON, Sept. 16 -- For the past four days, since Hurricane Ike plowed across Houston, knocking down power lines and wreaking havoc, home for the Hawkins family has mostly been their Chevy Malibu in the parking lot. Their apartment, in a complex called Concord, has no electricity and is stifling...
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/3aYahHqZ1hY/AR200809160024...

One Market Where Lehman's, Merrill's Value Is Up - September 17, 2008

It's fast becoming a Wall Street tradition: First comes the demise of a major financial institution, then comes eBay.
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/xhj9qGEEbpU/AR200809160343...

Lehman Brothers Seeks Cash to Ease Bankruptcy Process - September 16, 2008

Just a day after filing for bankruptcy, Lehman Brothers is heading into court today to gain approval of the sale of some of its assets.
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/L1Skb5WbUs4/AR200809160060...

What Market Tumult Means For Average Stakeholders - September 16, 2008

The stunning events rattling the financial markets are raising a lot of questions about the average person's finances. We talked to several experts to find some answers.
http://feedproxy.google.com/~r/wp-dyn/rss/business/index_xml/~3/uVsADzvaUQE/AR200809150268...
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