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With good reason, a political storm is gathering over the prospect that financial firms now being rescued by taxpayers at immense expense will pay out billions in bonuses to employees this year. New York State Attorney General Andrew Cuomo is pressuring some firms, as The New York Times reports. So...
Posted on October 31, 2008 9:50 AM
At Camp David on Saturday, President Bush said yes to the European Union proposal for a global summit (or series of summits) on the financial crisis, to be held sometime after the presidential election in November. With the financial mess so big, the U.S. so central to the crisis and...
Posted on October 20, 2008 2:27 PM
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