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Crisis: McCain says mark-to-market suspended
Spin CycleMcCain's campaign sends out an e-mail praising the SEC for dropping "mark to market" rules -- financial accounting rules that essentially require that securities that have lost value be written down to their actual value instead of being carried at......Tags: Federal Reserve, John McCain, American International Group, Prices, Ben Bernanke
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Bailout alternative offered by House Dems
The SwampRep. Peter DeFazio introduces the "No Bailout Act" with other House members on September 30, 2008 on Capitol Hill. (Photo: TIM SLOAN/AFP/Getty Images) by Frank James You know the failed but still alive $700 billion bailout proposal has scrambled......Tags: Laws, Oregon, Prices, Foreign Exchange Market, Economy, Business and Finance
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Ron Paul, Dennis Kucinich: 'Lipstick' off
The Swampby Mark Silva Ron Paul and Dennis Kucinich are on top. Let history record that, for one fleeting moment perhaps this week, the most anti-establishment candidates for either major parties' presidential nominations this year - two who stirred a lot......Tags: Ron Paul, Economic Policy, Wages and Pensions, Money and Monetary Policy, Elections
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McCain, Bernanke: 'Not overly pleased'
The Swampby Mark Silva The stunning news about the American economy delivered in the private session that Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson held with congressional leaders on Capitol Hill two weeks ago today has been...Tags: Federal Reserve, Weather Warnings, White House, John McCain, Weather
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Senate predicts bailout passage today
The Swampby Mark Silva With added sweeteners for resistant Republicans and Democrats alike, Senate leaders are voicing confidence today that they can win the $700-billion bailout of the nation's financial markets stalled on Capitol Hill. "We're going to fix the...Tags: John McCain, Upper House, Mitch McConnell, Barack Obama, Politics
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Automakers Get Loans, Want Bailout Too
KickingTiresWall Street isn???t alone in looking for a bailout; the Wall Street Journal reported today that even after getting $25 billion in low-interest federal loans to upgrade their plants so they can make more fuel-efficient cars (President Bush signed the......Tags: George W. Bush, Vehicles, Automotive Equipment, Fuel-efficient Vehicles, Government
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House clears bailout path
The Swampem>by Mark Silva The House has cleared the path for a $700 billion bailout of the nation's financial institutions today, warming up to a sweetened plan it rejected Monday. With a 223-205 vote this morning, the House has blocked any......Tags: George W. Bush, White House, New York, Mick Jagger, Government
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McCain, Obama debate: Pass the pork
The Swampby Bob Secter Imagine for a moment if John McCain were running against John McCain. The first John McCain might be having a field day right now attacking the second John McCain for voting in the U.S. Senate last week......Tags: Barack Obama, Politics, John McCain, Public Finance, State Budgets
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Bush approval-rating: All-time low
The Swampby Mark Silva President Bush will step out today for a pep-talk about the economy, a badly stumbling economy that he had called fundamentally "sound'' not many months ago. He will be talking at an office products company in suburban......Tags: Harry S. Truman, Barack Obama, George W. Bush, John McCain, Polls
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Budget deficit: Record $438 billion
The Swampby Mark Silva For the record, the federal budget defict reached a new record in the 2008 budget year, which ended last week: $438 billion. For the new year, the president's Office of Management and Budget already has projected another......Tags: Politics, George W. Bush, Bill Clinton, Government, Economy
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Obama vs McCain -- debate 2 preview
The Swampby Frank James The second presidential debate between Senators Barack Obama and John McCain comes at a time in the race when the Democratic presidential nominee has taken a significant lead in national polls though it's still in the single......Tags: Barack Obama, Bill Clinton, John McCain, Polls, Al Gore
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Bush: 'Anxiety feeds anxiety'
The Swampby Mark Silva President Bush, addressing the nation at a "deeply unsettling period for the American people,'' vowed today that the government will solve the underlying problems of the financial meltdown that was dragging the Dow Jones Industrial Average...Tags: Stock Activities, Federal Reserve, George W. Bush, Republican Party, White House
Sep 30, 2008
|Blog| Newsday
Sep 30, 2008
|Blog| Chicago Tribune
Sep 30, 2008
|Blog| Chicago Tribune
Oct 2, 2008
|Blog| Chicago Tribune
Oct 1, 2008
|Blog| Chicago Tribune
Oct 1, 2008
|Blog| Cars.com
Oct 3, 2008
|Blog| Chicago Tribune
Oct 7, 2008
|Blog| Chicago Tribune
Oct 7, 2008
|Blog| Chicago Tribune
Oct 7, 2008
|Blog| Chicago Tribune
Oct 7, 2008
|Blog| Chicago Tribune
Oct 10, 2008
|Blog| Chicago Tribune
Original site for $700 Billion Bank Bailout (2008) topic gallery.