Latest news (Page 137)
US and UK Increase Stakes in Banks
From Reuters, again: Governments tighten grip on banksFri Feb 27, 2009 11:55am EST Reuters By Steven C. JohnsonNEW YORK
US 4Q GDP Falls 6.2%, Biggest Drop Since '82
From Reuters: U.S. fourth-quarter GDP drop biggest since 1982 Fri Feb 27, 2009 12:29pm EST Reuters By Lucia
Over 250 Banks On The Edge
The FDIC reports that 252 US banks were on its list of troubled at the end of 2008, meaning they
US Jobless Claims At Record High
The US shed 600,000 jobs in January alone. It's looking like we'll lose another 700,
Chicago Factory Workers To Be Rehired
A rare piece of good news on the jobs and labor front. The former workers of Chicago's Republic
G.M. Loses $9.6 Billion
Just posted to the New York Times website. Sorry if this ruins tomorrow morning's paper for you. It
Stiglitz Criticizes O.'s Speech, Favors Single-Payer
This seems pretty explosive to me: Nobel-Prize-winning economist Joseph Stiglitz came put in favor of a single-payer universal health program
Obama's Address (Dave Lindorff--Counterpunch)
Recently posted to Counterpunch. Hat-tip to Bob F. For an assessment of O.'s address by frequent D&
Alternative Job Creation Plan (S. Aronowitz)
This is from Bob Feldman—he sent it to me before the last item he sent for me to post
Closures and Layoffs (Feb. 22-28)
From Mark Heschmeyer of the CoStar Group: Nationwide: The Goodyear Tire & Rubber Co. is taking aggressive action to reduce
Dull Compulsion (vi): Obama's Speech
The Dull Compulsion of the Economic A series of posts by D&S collective member Larry Peterson Obama'
Bank Throws $Million Bailout Party
You know it's bad when entertainment blog TMZ breaks a story on a bank blowing millions on a