Financial News Update – 05/07/09
May 7th, 2009 by
GM Loses $6 Billion in First Quarter
$3,400,000,000,000.00 – SPENDS $11,300 FOR EACH AMERICAN
Obama seeks to double tax law enforcement budget
SOAK THE RICH: Britain top marginal tax rate 61.5%
‘National bailout agency’ for U.S. cities
NUMBER OF UNEMPLOYED GETTING BENEFITS CLIMBS TO RECORD
$58: Oil prices jump to new six-month high
Is Anyone Minding the Store at the Federal Reserve?
Geithner Says Banks’ Stress-Test Results Will Be ‘Reassuring’
Obama touts $17 billion ‘lot of money’ budget cuts
World Bank May Lend Russia ‘Several Billions’ of Dollars
The Real Deal on Stimulus ‘Jobs Now’
TARP and Stress Tests: Now Can Banks Return the Money?
If China loses faith the dollar will collapse
Light at the end of the tunnel: They only need another $20 trillion
Independent Analyst Numbers Far Uglier than Official Stress Test Rumors




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