Breaking_archives

Breaking News
Factoids
Paulson's Bailout Plan
Bailout Timeline
Links
Contact

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