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A handful of top executives from American International Group Inc. spent thousands of dollars during a recent English hunting trip, even as the New York-based insurer asked for an additional $37.8 billion loan from the Federal Reserve. ...more
October 16, 2008
Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday, catapulting the Dow Jones industrials to a 936-point gain and finally offering relief from eight consecutive days of stock market carnage. ...more
October 13, 2008
Obama Was Winner There is no doubt in my mind who won Tuesday night's debate. Obama was articulate, showed a greatly improved maturity since the beginning of the campaign, and was specific in answering the questions with a point-by-point explanation of his solutions. ...more
October 9, 2008
Democrat Barack Obama and Republican John McCain stretched facts, sometimes past the breaking point, as they addressed the financial crisis and more during their second presidential debate. ...more
October 8, 2008
WASHINGTON Deceased POWs Now Eligible For Purple Heart An estimated 17,000 deceased U.S. prisoners of war could be awarded Purple Hearts under a new Pentagon policy announced Monday. ...more
October 7, 2008
It will be one of the world's largest asset management firms with an impressive $700 billion war chest. Nothing less than the global economy depends on its success. And the Treasury Department has barely a month to get it up and running. ...more
October 4, 2008
Rep. Ginny Brown-Waite couldn't see much difference between the financial rescue bill she rejected Monday and the one that came to the House floor Friday morning. ...more
October 4, 2008
Ginny Brown-Waite was among the 228 House members who voted against the $700 billion bailout package for the financial industry Monday, calling the measure "embarrassing" and stomach-turning. ...more
September 30, 2008
Highlands Today staff compiled this Q&A on a proposed multi-billion rescue package Congress is deliberating to shore up the financial markets, and the $500 billion the government has pledged to help some troubled financial institutions. ...more
September 26, 2008
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