GM, Chrysler May Face Bankruptcy to Protect U.S. Debt: General Motors Corp. and Chrysler LLC may have to be forced into bankruptcy by the U.S. government to assure repayment of $17.4 billion in federal bailout loans, a course of action the automakers claim would destroy them.
Bank to issue grimmest warning yet on economy: Mervyn King will this week present the Bank of England's most pessimistic assessment yet of the outlook for Britain's economy, after a slew of official figures confirming that activity has "fallen off a cliff" since the autumn.
U.S. Delays Finance Plan as Officials Debate Debt : Treasury Secretary Timothy Geithner delayed the announcement of the Obama administration’s financial-recovery plan as officials debated proposals aimed at addressing the toxic debt clogging banks’ balance sheets.
The rise and (almost) fall of America's banks: The federal government -- working without a road map, and without a net -- is putting together a plan to keep U.S. banks from collapsing. Not just to get the banks lending again. To keep them alive.
Wounded banks: Only game left: Banks have become the only game in town for most businesses and consumers looking for loans, and that's why the government is gearing up for what could be the most expensive bank bailout ever.
Where has the U.S. bailout money gone?: Following is an outline of TARP funds spent or pledged so far:
Welfare benefits in danger?: More than 98,000 welfare recipients in San Bernardino County stand to lose their monthly cash benefits as early as March unless the state can cough up the money needed to fund the program
Hidden cost of unemployment benefits: Steve Lippe is a calm, cool sort. After getting sacked, he had the presence of mind to read the fine print about the fees associated with his new Pennsylvania unemployment debit card.
The Truth About Your Income Tax : As the spouse of a working man, often in remote areas and long before you woould find an H&R Block firm within easy driving distance, the job of filing the annual income tax forms fell to me.
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