Fed Readies A.I.G. Loan of $85 Billion for an 80% Stake
By MICHAEL J. de la MERCED and ERIC DASH
Published: September 16, 2008
In an extraordinary turn, the Federal Reserve was close to a deal Tuesday night to take a nearly 80 percent stake in the troubled giant insurance company, the American International Group, in exchange for [...]
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The Federal Reserve just announced they would NOT lower interest rates in an effort to rally the stock market. In response the market dropped another 50 points.
Where is the leadership from either party when it comes to the economy? It’s not like anyone is surprised that the United States is in an economic crisis and [...]
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Yes, Joe, we get it. Barack Obama is black. You’re really going to have to better than that.
Biden campaigns in North Carolina
The Associated Press • updated September 14, 2008 8:42 pm
CHARLOTTE – Democratic vice presidential candidate Joe Biden, campaigning in North Carolina where black votes could help swing the state to the Democrats, said today [...]
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