U.S. Heading for Slump, With or Without Bailout
The U.S. may face its longest recession in a quarter century no matter what action Congress takes on Treasury Secretary Henry Paulson’s $700 billion plan to rescue the battered banking industry.
• Nobel laureate Stiglitz predicts Obama win, recession
• There Might Be a Financial Crisis, But the World’s Arms Dealers Are Doing Just Fine
• US bailout vote: George Bush warns of ‘lasting’ damage if Congress rejects plan
• The Shadow of the Pitchfork
• Wall Street fall spreads to Asian markets
• U.K. FSA Said to Open Probe Into Shorting of Banks
Tuesday, 30 September 2008
Posted by Britannia Radio at 19:08