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Categories:
Environmental and Energy IssuesSocial Issues and Concerns
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News & UpdatesNovember 20, 2008 Senate Probe to Look at Bond-Rating FirmsBy: Wall Street Journal The Senate's Permanent Subcommittee on Investigations is opening a probe into causes of the global financial crisis, focusing in part on whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments... November 20, 2008 FOMC sees yearlong recession, minutes showBy: MarketWatch Federal Reserve policymakers now expect the U.S. economy to contract for as much as a year, with the risk that the slowdown could persist for even longer, according to edited minutes of a closed-door meeting of the Federal Open... November 20, 2008 GM, Ford, Chrysler Depart From Congress Empty-Handed (By: Bloomberg.com U.S. lawmakers deadlocked on a plan to bail out the Big Three automakers, leaving General Motors Corp. facing the prospect it could run out of cash before a new Congress can come to the rescue next year.
November 19, 2008 Wholesale prices plunge, easing inflation concerns  By: Associated Press Wholesale prices in October experienced the biggest one-month drop on records that go back more than 60 years, illustrating the impact falling energy prices and fears of a prolonged recession can have on inflation. Wholesale... November 19, 2008 Cap carbon to spur economy: business leadersBy: Reuters U.S. business leaders including the troubled Big Three automakers offered a prescription on Tuesday for economic recovery and job creation: cap the carbon emissions that spur global warming. "The twin dynamics that are going to... November 19, 2008 Lawmakers grill Paulson on bailout By: Charlston Daily Mail Lawmakers accused Treasury Secretary Henry Paulson Tuesday of haphazardly managing the $700 billion financial rescue, as fault lines widened over what the government should try next to contain the fallout of the financial crisis.... November 19, 2008 Big Three automakers running out of timeBy: Associated Press Detroit's Big Three automakers are running out of time in their quest to convince skeptical lawmakers that Congress should throw them a $25 billion lifeline. Top executives with General Motors, Ford and Chrysler will return to... November 18, 2008 What's in that Senate bill? Something for everyoneBy: Centre Daily Times The Senate version of a $700 billion plan designed to rescue the ailing financial sector from potential collapse is virtually identical to large parts of the legislation rejected Monday in the House of Representatives. However,... November 18, 2008 G.M. Sells Suzuki Stake in Its Effort to Raise CashBy: New York Times General Motors will sell its entire stake in Suzuki Motor Corporation, the Japanese automaker, for 22.37 billion yen ($230 million), G.M.’s latest move to stay afloat while awaiting a decision from Washington on aid for the... November 18, 2008 Citi Carves Up StaffBy: Forbes The bank is cutting jobs in an effort to staunch losses so it can pursue acquisitions that will add to capital, but analysts are not sanguine. [What would you find useful here?]
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