Sept. 21: Wall Street’s historic fall is creating a volatile wave of problems for other businesses in New York City. NBC’s Michelle Franzen reports. (Nightly News)
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Japan's Nikkei fell nearly 3.5 percent, leading to a ripple effect across foreign markets. U.S. markets are bracing for a hit, following a rough ride last week. CBS 2's Deborah Garcia has the story.
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<b>UTICA, N.Y. (WKTV)</b> - As a drowning Wall Street waits for that $700 billion life vest from the federal government, counties are bracing for the inevitable ripple effect of bad decisions made hundreds of miles away.
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As the banking industry undergoes massive changes the second-largest banking center in the U.S. worries about what the future will look like. The steep declines in the banking industry are having a ripple effect across the United States but no where, other than New York City, are the changes as ...
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Lawmakers say Fannie Mae & Freddie Mac unlikely to go under, too large to fail; Analysis by Senator John McCain, (R) Presidential Candidate; Together, FNM and FRE own or guarantee about half of $12 trillion US home loans; Treasury’s Paulson says capital is adequate for Fannie & Freddie; Ex-St. L...
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Lawmakers say Fannie Mae & Freddie Mac unlikely to go under, too large to fail; Analysis by Senator John McCain, (R) Presidential Candidate; Reactions and analysis by Brian Gardner of Keefe Bruyette & Woods; Reaction and analysis by Jaret Seiberg of Stanford Group
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President Bush's announcement that a multi-billion-dollar government backed loan will be available for faltering General Motors and Chrysler was the topic on today's News Talk Online on Paltalk.com. The president, who undoubtedly consulted with President-elect Barack Obama first, said that allow...
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Interview with Mark Dow of Pharo Management: Cash is Still King, Stock Market in "Give Up" Phase, Defensive Stocks Also Falling; This is Not a Stockpicker’s Market, Not Time to Get Back In (Bloomberg News)
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Bear Stearns gets bailout from JPMorgan and Federal Reserve; S&P slashes Bear Stearns' debt rating despite news of an emergency bailout; The big issue for Bear Stearns is if the latest cash infusion will be enough; JPMorgan’s Dimon may have his sights set on taking over Bear, Analyst says; Analy...
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Greenberg started at Bear Stearns in 1949, stayed for 50+ years; Corporate giving declines along with profits; Analysis by Ace Greenberg of JP Morgan Asset Management, former Bear Stearns CEO
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26.05.08 U.S. Credit Crisis Adds to Gloom Of Arctic Norway's Long Night http://query.nytimes.com/gst/fullpage... At this time of year, the sun does not rise at all this far north of the Arctic Circle. But Karen Margrethe Kuvaas says she has not been able to sleep well for days. What is keeping ...
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