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Markets volatile as investors await bailout plan

Associated Press
Sep 21, 2008 11:00 pm - NEW YORK -- Volatility again swept the financial markets Monday as investors grew nervous about an amorphous government plan to buy $700 billion in banks' mortgage debt....
Oil prices fall on profit-taking after huge rally

Associated Press
Sep 21, 2008 11:00 pm - NEW YORK -- Oil prices swung lower Tuesday, falling below $109 a barrel as traders cashed in profits a day after crude rocketed to its biggest one-day gain ever -- an ep...
A tumultuous week ends with Wall Street remade

Associated Press
Sep 19, 2008 11:00 pm - NEW YORK _ One of the most tumultuous weeks in the 216-year history of Wall Street closed with a dramatic two-day rally as investors celebrated an unprecedented governm...
Financial ride getting even rougher, more uncertain

by Adam Geller Associated Press
Sep 18, 2008 11:00 pm - NEW YORK - It started as a panic attack, soothed by assurances that the problem was limited to a relatively small number of reckless home loans. Now it's clear the crisi...
Asian stocks soar on possible U.S. rescue package

Sep 18, 2008 11:00 pm - HONG KONG _ Asian stock markets soared Friday as a news of a U.S. government plan to rescue banks from risky mortgage debt brought hope of a letup in the world's worst ...
Shares of Morgan Stanley and Goldman Sachs plunge

Associated Press
Sep 17, 2008 11:00 pm - NEW YORK _ Shares of Goldman Sachs and Morgan Stanley plunged on Wednesday, a sign that investors fear they can't survive in their present form as the last two major in...
Fed, world banks move to boost global confidence

Associated Press
Sep 17, 2008 11:00 pm - NEW YORK -- Wall Street's biggest crisis since the Great Depression forced the Federal Reserve and central banks around the globe to pump billions of dollars into the wo...
Fed may be saving new rate cuts for later

Associated Press
Sep 17, 2008 11:00 pm - WASHINGTON - The Federal Reserve did not lower interest rates despite all the financial market upheavals in recent days, but that doesn't mean the central bank won't cut...
Ex-Allstate CEO called to led AIG out of crisis

By John Patterson Daily Herald Staff
Sep 17, 2008 11:00 pm - SPRINGFIELD - A year ago, Edward Liddy was getting out-fished by a friend's wife in Canada. The former Allstate Corp. CEO and chairman was on a fishing trip with Ron Gid...
With stock sinking, WaMu appears headed for sale

Associated Press
Sep 17, 2008 11:00 pm - Ailing bank Washington Mutual Inc. appeared headed toward a sale Wednesday after a major investor removed a potential stumbling block and nervous banking regulators bega...

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