Archive for March, 2008

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Ford Sells Land Rover, Jaguar

Wednesday, March 26th, 2008

India’s Tata Motors Ltd. says it will acquire British automakers Jaguar and Land Rover from Ford Motor Co.

2 Senators Scrutinize Bear Stearns Purchase

Wednesday, March 26th, 2008

Two senators scrutinize the JP Morgan-Bear Stearns deal, questioning how taxpayers will be affected.

Alternative Tax Affects More Than Just Rich

Tuesday, March 25th, 2008

Changes to the alternative minimum tax have ensnared a growing number of people.

JPMorgan’s Revised Bid for Bear Stearns - They Stole It

Tuesday, March 25th, 2008

JP Morgan CEO Jamie Dimon is quadrupling the price of Bear Stearns from the price he agreed o pay just nine days ago and yet he is still managing to get kudos for the deal.
I think he made a steal. I think what will happen as five or 10 years and now when […]

McCain Addresses Housing Crisis Options

Tuesday, March 25th, 2008

Republican John McCain said Tuesday that government isn’t in the business of saving and rewarding banks or small borrowers who behave irresponsibly though he offered few immediate alternatives to fixing the growing housing crisis.
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Report Dire For Medicare, Social Security

Tuesday, March 25th, 2008

The annual financial assessment of Social Security and Medicare is released with some dire warnings.

Home Prices Drop In Jan.; Stocks Mixed

Tuesday, March 25th, 2008

U.S. home prices fell by a record 11.4 percent in January, the Standard & Poor’s/Case-Shiller index reports.

Breakdown Knocks Out Netflix Site

Tuesday, March 25th, 2008

Online DVD rental leader Netflix Inc. suffered a technology breakdown Monday.

Stocks Rise As JPMorgan Ups Stearns Offer

Monday, March 24th, 2008

Stocks rose Monday following news that JPMorgan had increased its offer for Bear Stearns fivefold.

Sirius Radio Given OK To Buy Competitor

Monday, March 24th, 2008

Sirius Satellite Radio’s $5 billion buyout of rival XM Satellite Radio was approved by the Justice Department on Monday.

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