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'Americans will not tolerate those who stood by and let this calamity ... - Guardian Unlimited
A shock vote by the US House of Representatives to throw out Henry Paulson's $700bn mortgage bail-out prompted a bitter political postmortem and raised speculation of a cut in interest rates to shore up confidence in the system. As Republicans and ...

Main Street Marches on Wall Street - Nation
YouTube : John Kerry takes McCain to task for playing politics with our nation's crumbling economy. If only he had been this bold four years ago! A cluster of progressive organizations--ranging from Code Pink , whose members took to the steps of the ...

State bailout reaction: Jackson-area residents waiting and wondering - MLive.com
ackson is no doubt being touched by the national financial crisis, but some say it has yet to really hit home here. It is affecting the local housing market and concerned customers are asking their banks plenty of questions, real estate and bank ...

Obama calls on Americans to support rescue plan - Jackson Sun
RENO, Nev. — Democratic presidential candidate Barack Obama on Tuesday called for Americans to get behind attempts to salvage a $700 billion rescue plan for the financial sector, saying that if Wall Street fails ordinary people will also be hurt ...

Vibrant, Turbulent Young America - Wall Street Journal
President Andrew Jackson is shown above in 1833 razing the Second Bank of the United States. Bank president Nicholas Biddle is depicted as Satan running away. Lithograph by Edward W. Clay. The bank run might just be the oldest form of aerobic ...

House Members Receive Angry Calls on Vote, Aides Say (Update3) - Bloomberg
Sept. 30 (Bloomberg) -- Lawmakers received a flurry of calls demanding that they revive the U.S. economy after the House's rejection of a $700 billion financial-rescue plan triggered a record drop in stocks, House aides said. The calls countered an ...

Crazy scramble to hire architects of a toxic industry - Financial Times
For a lay public baffled by the self-immolation of the Western banking system, perhaps the most bizarre single instance is the scramble to hire employees of Lehman Brothers. Barclays is shelling out $2.5bn in bonuses to Lehmanites in New York, and ...

Citigroup to purchase Wachovia operations - Jackson Sun
NEW YORK - Citigroup agreed Monday to purchase Wachovia's banking operations for $2.1 billion in a deal arranged by federal regulators, making the Charlotte, N.C.-based bank the latest casualty of the widening global financial crisis. The deal ...

Hill leaders scramble to craft a sellable bailout bill - USA Today
Sen. Chris Dodd, D-Conn., talks to reporters on Capitol Hill on Tuesday. "I'm told a number of people who voted 'no' yesterday are having serious second thoughts about it." WASHINGTON — Congressional leaders looked anew Tuesday for a path that ...

Enter e-mail address of recipient: - Afro American Newspaper
(September 30, 2008) - Most members of the Congressional Black Caucus, including Chairperson Carolyn Kilpatrick of Michigan, voted against the proposed Wall Street bailout, known as the Emergency Stabilization Act of 2008. In a close vote, 21 members ...

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