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Here's the first page of archives from "Breaking News".
I am working on a spreadsheet with a timeline and will try to get all
of this dated.... newest stuff is on top.
National
polls show that only 38% of Americans support bailout 2.0
Wells Fargo
busted: caught scheduling ANOTHER Las Vegas junket on your bailout
money
Ford sales down
40% last month, GM down 38%. Hyndai offering to tke back your
car if you lose your job...
Panasonic
to cut 15,000 jobs, Time Warner, Kraft, Lucent show HEFTY 4th quarter
losses
Bank of
America spends $10 million on Superbowl beer tent... with your TARP
money.
No bailout
for Exxon... they set record profit in 2008 with $45.2 billion
dollars
Bailout for
"toxic" banks now estimated to be $4 trillion
Economy
falls at 3.8% rate in last quarter... Obama calls it a
"disaster"
House
passes $820 billion bailout package... full of compromise that netted zero
GOP votes
Wall Street
found to have used TARP money to pay $18 billion in bonuses
NEC to cut
20,000 jobs, Sony and Toshiba to follow; millions of jobs lost
in China
More talk
of nationalizing the banking system; the "T" in TARP may change from
"troubled" to "toxic"
Unemployment claims raise to record high... 4.78
million for week ending 1/17/09
New home
sales fall to lowest rate since 1963
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