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23 Mar 2009 10:53

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Biz, U.S.: Well, something’s looking up econonomically: Home resales

  • 5.1% the unexpected increase in home resales in February source
Posted by Ernie Smith • 0 Comments • Permalink

23 Mar 2009 10:23

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Biz, U.S.: The Obama administration has a plan for toxic assets. Hoo-ray!

  • $500 billion amount the Obama administration wants to spend to buy back toxic assets, to later resell source
Posted by Ernie Smith • 0 Comments • Permalink

21 Mar 2009 21:06

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Biz, Offbeat: Forget the economy – this dude is the worst son ever.

  • 2 number of times Greg Holloway has fired his dad recently source
Posted by Ernie Smith • 0 Comments • Permalink

20 Mar 2009 20:37

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U.S.: The U.S. Postal Service is trying to recover from such great lows

  • -$2.8 billion losses the post office suffered in 2008; it’ll be worse in 2009 despite an increase in the price of stamps to 44¢ in May. source
Posted by Ernie Smith • 0 Comments • Permalink

19 Mar 2009 10:45

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Biz, U.S.: Are too many dollar bills going to get printed?

Where is George? He’s everywhere. And investors are scared that he’ll be weaker after more of him enter the market. source
Posted by Ernie Smith • 0 Comments • Permalink

18 Mar 2009 12:59

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Politics: NBC boss big-ups CNBC, trashes Jon Stewart

  • Everybody wants to find a scapegoat. That’s human nature. But to suggest that the business media or CNBC was responsible for what is going on now is absurd.
  • NBC Universal Chief Executive Jeff Zucker • On Jon Stewart’s repeated trashing of his financial network, which he called “unfair.” Just when we were ready for this story to die, the big guy on top had to open his trap … • source
Posted by Ernie Smith • 0 Comments • Permalink

17 Mar 2009 10:10

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Biz: Well, they’re building new homes again. But is that good?

  • +22% increase in housing starts in February – not huge but pretty good source
Posted by Ernie Smith • 0 Comments • Permalink
 

16 Mar 2009 21:09

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U.S.: Steam is coming out of Barack Obama’s ears over AIG

  • Under these circumstances, it’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay.
  • Barack Obama • On the bonuses AIG is about to pay its investors. The outrage is heating up by the day, as you might guess; Obama wants his treasury secretary to pursue “every legal avenue” to prevent the bonuses from coming out. • source
Posted by Ernie Smith • 0 Comments • Permalink

16 Mar 2009 21:02

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Biz: The Dow’s winning streak ends at four days

  • -7 decline in the Dow on Monday; that’s really not so bad source
Posted by Ernie Smith • 0 Comments • Permalink

16 Mar 2009 09:21

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U.S.: What’s the biggest concern on Americans’ minds? Unemployment.

  • 36% of people said it’s the country’s top economic concern source
Posted by Ernie Smith • 2 Comments • Permalink
 
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