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Daily Archives: May 8, 2009

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Troubling Signs That Oil Prices Could Hamper Recovery

Posted: May 8, 2009 at 4:54 am

For the last several months, oil prices have been a bright spot in the economic picture. Most analysts believe that the recession would have been even worse than it is ...
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old car

Toyota (TM) Is Mortal

Posted: May 8, 2009 at 4:33 am

Toyota (TM), the most successful car company of the last two decades, suffered several of the indignities that other car firms have faced for the last two years. The No.1 ...
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uncle sam

The Hidden TARP Fund

Posted: May 8, 2009 at 4:20 am

Most company budgets and some prepared by governments have a place to park unidentified expenses. Those amounts are a hedge against unexpected needs for capital, and are often called “rainy ...
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ForSale2

Being Rich Loses Its Luster

Posted: May 8, 2009 at 4:02 am

Being rich during a recession can almost be as bad as being poor. The only difference is that the rich have more to lose. RealtyTrak, a research firm that follows ...
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newspaper

Media Digest 5/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 8, 2009 at 3:01 am

According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ...
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