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Jan 09

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Report Faults Lax Oversight of Treasury’s Bailout Funds

A congressional panel has criticized the Treasury Department's oversight of the $700 billion financial industry bailout. The panel's report says the rescue funds have failed to alleviate the foreclosure crisis and the department has not kept a thorough record of…

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Oct 08

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Mounting Economic Anxieties Ripple Across the Globe

Central banks around the world cut interest rates Wednesday in a joint effort to ease credit and spur growth, but a weak market response signaled the move failed to abet fears.

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Sep 24

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Buffett Sinks $5 Billion Into Goldman Sachs

By Admin, PBS News Hour

As debate swirled on Capitol Hill over a proposed financial rescue plan, renowned investor Warren Buffett decided late Tuesday to buy a $5 billion stake in embattled Wall Street Titan Goldman Sachs.

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Jul 04

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High Pension Costs Hurt Business

In an excerpt from a Frontline report, Hedrick Smith examines the problems that maintaining traditional pensions is having on middle-class Americans.

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