Mpelembe Network

Creating A Life Long Link!

Search
Search all blogs
This Month
September 2008
Sun Mon Tue Wed Thu Fri Sat
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30
Main Page  »  News  »  Finance
View Article  Australian stocks slide 5.4 percent amid global meltdown
Australian markets tumble as worried punters pack stock exchange display
room to witness the downfall.

SYDNEY, AUSTRALIA (SEPTEMBER 30, 2008) REUTERS -
Australian shares tumbled 5.4 percent on Tuesday (September 30),
after an unexpected rejection ...   more »
View Article  British govt vows to help people, rein in markets.
British Finance Minister Alistair Darling warns of bumpy times ahead for
the economy, but vows to help people.

LONDON, UNITED KINGDOM (SEPTEMBER 22, 2008) REUTERS -
Britain will spend more to help people in hard ...   more »
View Article  $700 billion dollar bailout
The US Treasury Secretary Henry Paulson is seeking public approval
after plans were put forward to Congress to buy up $700 billion worth of risky
loans.

Making the rounds on several television talk shows on ...   more »
View Article  he Cost of the Bailout: $2,000 Per Person
WASHINGTON, Sept. 21 /PRNewswire-USNewswire/ -- Bailout legislation that may sail through Congress this week will cost about $6,500 per U.S. family, a little over $2,000 per person, according to an estimate published on the WashingtonWatch.com ...   more »
View Article  Obama says McCain would gamble with retirement funds
Obama says McCain would gamble with the retirement savings and health care
of Americans by subjecting them to the uncertainty of open markets.

DAYTONA BEACH, FLORIDA, UNITED STATES (SEPTEMBER 20, 2008) NBC -
Democrat Barack ...   more »
View Article  Bush says government intervention proposed by the Treasury is essential to restore confidence in financial markets
Faced with the worst economic crisis in 70 years, U.S. President George W.
Bush seeks to reassure the nation, saying that the bailout package proposed by
the federal government should restore confidence in the financial ...   more »
View Article  LLoyds TSB CEO says HBOS purchase, creating a superbank, will be good for consumers
Lloyds TSB CEO says Britain's modification of a competition law, enabling
it to buy HBOS, was the right decision by the government, and will benefit
consumers.

LONDON, ENGLAND, UNITED KINGDOM (SEPTEMBER 18, 2008) REUTERS -
...   more »
View Article  Regulators probe short-selling in financial stocks
The practice of short-selling comes under the spotlight in the wake of the
gut-wrenching upheaval of the financial system in the past week. Special
attention is being paid to the controversial but legal practice at ...   more »