BP forced to remove oil well cap: BP says it was forced to remove the cap which was capturing oil from the Deepwater Horizon oil rig, after an underwater robot collided with it on Wednesday. Judge who overturned drilling moratorium reported owning stock in drilling companies:: The federal judge who overturned Barack Obama's offshore drilling moratorium reported owning stock in numerous companies involved in the offshore oil industry — including Transocean, which leased the Deepwater Horizon drilling rig to BP prior to its April 20 explosion in the Gulf of Mexico — according to 2008 financial disclosure reports. Germany could cause euro collapse: Soros: Billionaire investor says the country is dragging its neighbours into deflation The Rape Of America: Capitalism: A Love Story (Part 1) Movie examines the impact of corporate dominance on the everyday lives of Americans The Rape Of America: Capitalism: A Love Story (Part 2) Movie examines the impact of corporate dominance on the everyday lives of Americans Fannie, Freddie Could Cost $389 Billion: For all the focus on the historic federal rescue of the banking industry, it is the government’s decision to seize Fannie Mae and Freddie Mac in September 2008 that reportedly is likely to cost taxpayers the most money. So far the tab stands at $145.9 billion and rising, the New York Times reports. Outlook for Home Prices Grows : Housing analysts have grown gloomier about the outlook for U.S. home prices as sales slump, a new survey shows
Thursday, 24 June 2010
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