General Motors and Chrysler have held merger talks

The Wall Street Journal, citing people it described as familiar with the discussions, said Cerberus Capital Management, the private equity firm that owns 80.1…

Canada will be in a recession – The fundementals are not sound?

Posted: October 06, 2008, 8:01 AM by Jonathan Ratner Market Call Declining GDP in the fourth quarter of this year and the first quarter…

The bailout has failed

The lower house of the US Congress has voted down a $700bn (£380bn) plan aimed at bailing out Wall Street. The rescue plan, a…

McCain Runs Web Ads Claiming to Win Debate – Before Debate!

Although the fate of tonight’s presidential debate in Mississippi remains very much up in the air, John McCain has apparently already won it —…

Geroge Bush blames the financial crisis substaintial foreign investment and a subsequent increase on bad consumer credit from greedy Wall Street bankers

    A state of the afairs to squash fears amongst citizens in the United States of Amerca is sure to send ripple affects…

We should stay the course! Isn’t that what the captain of the Titanic said before it sank?

By Jim Stanford We all know the Conservatives are the “rational economic managers,” right?  After all, their tax cuts, free trade agreements, and tough-love…

Lehman Files for Biggest Bankruptcy in American History, rumors of warnings with AIG and Citibank and the coming market meltdown

Sept. 15 (Bloomberg) — Lehman Brothers Holdings Inc., the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the…

%d bloggers like this: