Economy Mar 17

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How Do We Get Banks Lending Again?

Question: Given our collective financial plight and our need for credit to survive, how do we get banks to be banks again (read: lend)? Can it be legislated – and if not, how can we surmount our impasse? Paul Solman:…

Economy Feb 25

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Wall Street Teeters, Obama Presses Economic Plan

Wall Street rang up fresh losses in early trading Wednesday as the Obama administration pressed its economic plan and moved forward with preparations to begin new "stress tests" on the banking system.

Venezuelan President Hugo Chavez was sworn in for a second six-year term Wednesday, vowing "socialism or death" in a move reminiscent of Cuban leader Fidel Castro, as he pledged to continue the country's movement toward a socialist state.

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