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The government's unprecedented move Friday to ban people from betting against financial stocks might be a salve for the market's turmoil, but it could carry serious unintended consequences. ...more
September 20, 2008
The financial crisis has turned the race between Sens. John McCain and Barack Obama into an audition for who could best handle a national economic emergency. ...more
September 19, 2008
WASHINGTON - Eager to show that he feels people's pain, President Bush scuttled a political fundraising trip Thursday to tell the country his administration is working feverishly to calm turmoil in the financial markets. ...more
September 18, 2008
The Federal Reserve forged an extraordinary $85 billion rescue Tuesday night of insurance giant American International Group Inc., offering a respite from two days of chaos in the American financial system. ...more
September 17, 2008
Following the crisis on Wall Street and criticism of his contention that the economy is fundamentally strong, John McCain injected a new economic populism into his campaign in a brief speech Tuesday in Tampa. ...more
September 17, 2008
With Wall Street engulfed in crisis, the Securities and Exchange Commission is planning measures to rein in aggressive forms of short-selling that were blamed in part for the demise of Lehman Brothers and which some fear could be turned against other vulnerable companies. ...more
September 16, 2008
The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. ...more
September 8, 2008
The Bush administration, acting to avert the potential for major financial turmoil, says the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. ...more
September 7, 2008
Shells Seafood Restaurants Inc., a Tampa-based chain, has filed for Chapter 11 bankruptcy protection in Tampa, according to documents filed Wednesday with the Securities and Exchange Commission. ...more
September 4, 2008
Shells Seafood Restaurants Inc., a Tampa-based chain, filed for Chapter 11 bankruptcy protection in Tampa today, according to a filing with the Securities and Exchange Commission. ...more
September 3, 2008
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