Posted by Financial Service News on September 24th, 2008
By: SilentPatriot on Wednesday, September 24th, 2008 at 9:00 AM - PDT The New York Times and Newsweek are reporting that McCain campaign manager Rick Davis was paid $15,000 a month by Freddie Mac as recently as ...
Posted by Financial Market News on September 24th, 2008
Bush poses for photos moments after speaking to the nation in which he said: "We're in the midst of a serious financial crisis." AP VIDEO: Bush's speech Text of President Bush's speech Wednesday night on the ...
Posted by Financial Service News on September 24th, 2008
Warren Buffett is buying a stake in Goldman Sachs. Financial markets were tense Wednesday, with stocks fluctuating following investor Warren Buffett 's decision to invest $5 billion in Goldman Sachs Group Inc.
Posted by Financial Market News on September 24th, 2008
Oil prices rose near $108 a barrel Wednesday as traders shifted focus from U.S. economic woes to tightening global crude supplies amid a drop in output from the Gulf of Mexico and overseas.
Posted by Financial Market News on September 24th, 2008
Federal Reserve Chairman Ben Bernanke declared Wednesday that economic growth depends on stabilizing stressed financial institutions as the White House said President Bush was weighing a speech to the nation on ...
Posted by Financial Market News on September 24th, 2008
Big financial companies appear to be falling like dominoes as the credit crisis intensifies.
Posted by Financial Market News on September 24th, 2008
The Fed's action - taken at 1 a.m. EDT - sets up temporary "swap" arrangements to supply dollars to the central banks of Australia, Denmark, Norway and Sweden in exchange for their currencies.
Posted by Financial Market News on September 24th, 2008
In this May 21, 2008 file photo, U.S. Billionaire investor Warren Buffet speaks during a news conference in Madrid.
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