AIG - Big Early Loss for Obama

Is it really attributable to Obama administration??

Wagoner - a scapegoat??

The problems with the auto industry aren't one man's fault. Why should he pay when so many Wall Street CEOs remain?

Chrysler: No Roman Holiday Ahead

China Talks Tough with Call to Dump Dollar

China's top central banker says it's time to replace the country's reliance on the dollar, but such a move likely won't happen any time soon

Strategy shift poses stiff challenge for Obama

The impact of mega mergers on stock performance

Despite the fact that ever-increasing stock prices have helped to create mega mergers, the converse is not always the case.

It's official: U.S. recession started one year ago

US, India face Pak blackmail on terror

In what is turning out to be an elaborate chess game in the region, Islamabad on Saturday made its "Afghan move" to counter the US-India pincer, telling Washington that it will have to withdraw some 100,000 Pakistani troops posted on its western borders to fight the al-Qaida-Tali …

Zimbabwe issues $1 million bills as inflation soars 230 million percent!!!

The current highest denomination bank note is Z$50,000, not enough to buy half a loaf of bread.!!

6 Lessons We Should Have Learned Already

Great leaders are forged in times of crisis. The credit crisis that surrounds us creates an opportunity to learn--but only if we begin by understanding that the crisis is not the result of one-time mistakes or bad luck.

IMF thesis gives no reason to think the worst is over

In a study covering 17 developed economies over three decades, the IMF came up with three findings of particular relevance.

Credit Default Swaps: Danger Passing?

The amount outstanding has fallen 25%. Exchanges are creating more transparent ways to trade them. Are we finally getting a handle on these derivatives?

Debt is whittling away U.S. economic power

India joins nuclear club, gets NSG waiver

How China could wreck the US economy

The recent bailout package being approved in the US Congress needs to be viewed in the context of the spurt in the accumulation of forex reserves of China by about $500 billion in the last six months to about $2 trillion in aggregate. This gargantuan build-up of forex reserves b …

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What went wrong at WaMu

Where AIG went wrong

Why AIG was bailed out and not Lehman

The Fall of Bear Stearns

AIG - CDS Market bailout

Credit Default Swaps

Government Made the Mess - By Cristopher Grey

America is more communist than China is right now. -- Jim Rogers, Sept. 10, 2008 A lie told often enough becomes the truth. -- Vladimir Ilyich Lenin

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The Collapse of American Power - By PAUL CRAIG ROBERTS

In his famous book, The Collapse of British Power (1972), Correlli Barnett reports that in the opening days of World War II Great Britain only had enough gold and foreign exchange to finance war expenditures for a few months.

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