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• Paulson: Economy will recover, hurdles remain
A day after announcing a $250 billion cash infusion into the nation’s banks in return for a stake in those institutions, Paulson said the plan should stabilize the system, induce banks to lend again, and — eventually — help improve the economy. ...
• CONTINUED : Another triple-digit day?
The tumble occurred amid a seize-up in lending stemming from a lack of trust among institutions in response to the bankruptcy of investment bank Lehman Brothers Holdings Inc. and the failure of Washington Mutual Inc., which had been the nation’s ...
• Obama, McCain prepare for final debate
Both candidates are likely to emphasize pocketbook issues, a burning concern as financial institutions wobble and voters feel the pinch of a faltering economy. Each released proposals this week for how to tackle voter worries. Wednesday night's debate ...
• Dow dips below 9,000 on recession fears
The tumble occurred amid a seize-up in lending stemming from a lack of trust among institutions in response to the bankruptcy of investment bank Lehman Brothers Holdings Inc. and the failure of Washington Mutual Inc., which had been the nation's ...
• Firefighters To Stage Overnight Stand Against Sesnon Fire
The county's declaration, proposed by Supervisors Zev Yaroslavsky and Michael Antonovich, also calls for county agencies and financial institutions to assist fire victims, and for the county assessor to develop concessions for property owners such as ...