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Next: The Mother Of All Bank Runs? view story
127 votes- Submitted by Zaibatsu
- 7 days ago
- (http://www.forbes.com/opinions/20...)
- Became popular 7 days ago
The next step of this panic could be the mother of all bank runs, i.e. a run on the trillion dollar-plus of the cross-border short-term interbank liabilities of the U.S. banking and financial system, as foreign banks start to worry about the safety of
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Digg let me down... and let down thousands of others - Social News Central view story
116 votes- Submitted by Zaibatsu
- 1 day ago
- (http://socialnewscentral.ning.com...)
- Became popular 1 day ago
There always moment your life someone something lets you down one way another Let me tell you me am nice, am kind, am supporter friends Social media am previous daycare provider, am wife, mother and Democrat got into social media because thought could try
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Dow plunges more than 678 to fall below 8,600 view story
110 votes- Submitted by Zaibatsu
- 4 days ago
- (http://www.huffingtonpost.com/200...)
- Became popular 4 days ago
"The story is getting to be like that movie Groundhog Day," said Arthur Hogan, chief market analyst at Jefferies & Co. He pointed to the still-frozen credit markets, and Libor, the bank-to-bank lending rate that remains stubbornly high despite the Fed
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Iceland could be first "national bankruptcy" of the Global Financial Meltdown view story
118 votes- Submitted by webaddict
- 5 days ago
- (http://ap.google.com/article/ALeq...)
- Became popular 5 days ago
"Everything is closed. We couldn't sell our stock or take money from the bank," said Johann Sigurdsson as he left a branch of Landsbanki in downtown Reykjavik. Iceland is negotiating a $5.4 billion loan from Russia to shore up the nation's finances.
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Emergency Rate Cuts: Fed, ECB, Central Banks Cut Rates in Coordinated Move view story
97 votes- Submitted by webaddict
- 5 days ago
- (http://www.bloomberg.com/apps/new...)
- Became popular 5 days ago
The Fed, ECB, Bank of England, Bank of Canada and Sweden's Riksbank each cut their benchmark rates by half a percentage point. Switzerland also took part. Separately, China's central bank lowered its key one-year lending rate by 0.27 percentage point.
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Federal Reserve Orders Emergency Interest Rate Cut view story
94 votes- Submitted by cGt2099
- 5 days ago
- (http://www.washingtonpost.com/wp-...)
- Became popular 5 days ago
The Federal Reserve cuts a key interest rate by half a percentage point to steady an economy teetering on the kind of financial collapse that America suffered in 1929.
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CNBC Cramer Says Dow Might Dip to 7700 view story
88 votes- Submitted by Zaibatsu
- 6 days ago
- (http://www.cnbc.com/id/27056590)
- Became popular 6 days ago
With the market dropping as many as 800 points in intraday trading, investors have to protect themselves. That’s why Cramer urged viewers who will need any significant amount of cash over the next five years to sell some of their stock holdings
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Three Reasons Why Obama Out-Performed McCain in Tuesday's Debate view story
83 votes- Submitted by stringcheese
- 5 days ago
- (http://www.unitedliberty.org/arti...)
- Became popular 4 days ago
1) Obama came across as natural, as Kennedy-esque, while McCain appeared wooden and never relaxed. Some Americans may view McCain’s appearance as dignified and serious, but Obama ...
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National Debt Clock Runs Out of Digits view story
89 votes- Submitted by stringcheese
- 6 days ago
- (http://www.unitedliberty.org/vide...)
- Became popular 6 days ago
CNN's Don Lemon visits the National Debt Clock, which has run out of spaces to display $10 trillion in red ink.
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Body in Suitcase Was Full of Heroin Packets view story
83 votes- Submitted by AgentJon
- 5 days ago
- (http://www.cnn.com/2008/CRIME/10/...)
- Became popular 5 days ago
An autopsy has revealed that a man found dead in a suitcase in a suburban park was a drug "mule" who had 50 packets of heroin in his body and probably died when one or two of them broke open.

