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Sellers of insurance on bonds issued by bankrupt Lehman Brothers Holdings Inc. are now likely to face demands that they pay out more than 91 cents on the dollar to buyers of those insurance contracts.
- Backgrounder: Lehman Brothers Holdings Inc. (news.google.com)
How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. After Lehman's fall, the credit markets seized up, generally sending stocks plunging and eventually leading to the creation...
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- Dow Jones STOXX Indexes and Dow Jones Industrial Average to ... (news.google.com)
- Dow Jones STOXX Indexes and Dow Jones Industrial Average to Underlie Exchange-Traded Funds (news.search.yahoo.com)
Federal Reserve Chairman Ben Bernanke suggested that the interest rate be dropped from its current two percent Just before stocks fell to their lowest level in five years, Federal Reserve Chairman Ben Bernanke ...
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- 'Markets under severe stress' (rss.topix.net)
- Bush Team, Congress Negotiate $700B Bailout (search.live.com)
- Bush to talk to country about economic woes (search.msn.com)
US Treasury Secretary Henry Paulson and Chairman of the Federal Reserve Ben Bernanke in Washington September 24, Reuters NEW YORK / WASHINGTON: The U.S. Federal Reserve stepped forward as a commercial lender of ...
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- Treasury Secretary Henry Paulson's statement on the bailout plan (dallas.bizjournals.com)
The Group of Seven finance ministers and officials are meeting again overnight in Washington to try to come up with more solutions to the global financial crisis.
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The Saudi stock market, the largest in the Arab world, fell 7% in opening trading Saturday, but trimmed losses as the day wore on.
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European markets today recovered some of Wednesday's hefty losses after a relatively steady performance in Asia overnight, with British banking stocks in particular enjoying a strong rally in the wake of the ...
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High banking standards have kept Canada's financial institutions afloat and out of the kind of trouble that's sunk many of their international peers, Finance Minister Jim Flaherty said yesterday.
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NEW YORK a ' In another dramatic day on Wall Street, stocks continued to fluctuate in volatile trading as investors remained uncertain what to do in this bruising bear market.
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Stock markets across the world plunged on Wednesday as concerns about the worst financial crisis in nearly 80 years and fears of a global recession gripped investors despite government efforts to intervene.
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Asian markets mostly advanced Thursday after a volatile start, as investors gained some confidence after coordinated interest rate reductions by central banks around the globe.
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The state is delaying plans to issue bonds to pay for $185 million in prison construction and other projects because of the nation's credit crunch.
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Korean stocks plunged more than 4 percent yesterday. The benchmark Korea Composite Stock Price Index tumbled 60.9 points, or 4.29 percent, to 1,358.75, the lowest level since January 2007.
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A: Here we go. In the past 5 trading days, including the huge 777 point drop on Monday and bounce back yesterday, the BIG 3 banks stocks are up 20%, 18%, and 12% respectively.
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