Bailout Predictions
- The States has spent 5 trillions to undertake Freddie Mac and Fannie Mae;
- The States has spent 85 billions to safe AIG;
- Most likely that the States will spend another 700 billions to bailout th...
will close on 2009-12-31 EST
The latest joke around the adult entertainment industry is that sales have slid enough to justify asking the federal government for a bailout.
Companies say people were already spending less on naug...
[ Closed ] on 2009-04-01 EDT,
Unanswered
Some people are half-expecting the U.S. auto industry to disappear soon. In terms of the hole that General Motors Corp. and Ford Motor Co. would leave in the S&P 500, it's not that troubling.
Combin...
[ Closed ] on 2009-01-01 EST,
Unanswered
The Treasury and Federal Reserve Sunday night were moving to stabilize Citigroup to prevent the giant New York bank from being the latest to succumb to a death spiral in financial markets, according to...
[ Scored ] on 2008-12-02 EST
The importance of the Treasury secretary's role was on display in full force this year, as Henry M. Paulson Jr. dealt with the financial meltdown precipitated by the mortgage crisis and worked with Con...
[ Closed ] on 2008-12-01 EST,
Unanswered
While it is still anticipated that the bailout will be approved, some lawmakers have strong concerns. Shelby, the top Republican on the Senate Banking Committee, said the plan "merely codifies (the Tre...
[ Closed ] on 2009-01-01 EST,
Unanswered
The Sept. 28-30 Gallup Poll Daily tracking update of registered voters finds Barack Obama at 48%, and John McCain at 44%, marking a slight narrowing of the race from the 8-point margin Obama held earli...
[ Scored ] on 2008-10-09 EDT
Will the Wall Street "Bailout" pass thru Senate and House by 10-5-2008?
[ End Result ]
Yes, pass in Senate & House
The latest revision of the Wall Street / Credit proposal is to come to a vote today, 1 Oct. 2008, in the Senate. If it passes there as expected, the House could act as soon as this evening to vote on ...
[ Scored ] on 2008-10-06 EDT
Federal officials reportedly may take 80% stake in the nation's largest insurer in an $85 billion rescue plan to prevent financial chaos worldwide. Such a move would roil world markets since AIG has $1...
[ Scored ] on 2008-09-18 EDT