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Gm Credit Card Offer Newsgm credit card offerUS TREASURY Secretary Henry Paulson has clashed with Congress over the use of the $US700 billion ($1.08 trillion) financial rescue package, telling them it was designed to stabilise the financial markets, not as a panacea for economic difficulties or ... Read morePaulson resists mortgage pleas - The AgeU.S. automakers took their plea for help to Congress today. Given the timing, I think it's worth an early look at Ernie Dumas' column this week. Why reward GM? What could be more revolting than using our hard-earned tax dollars or those of the next ... Read moreWhy GM must be saved - Arkansas TimesNEW YORK (Fortune) -- It may be years before we can judge the government's success in fighting the financial crisis. But an early assessment of Henry Paulson's Troubled Asset Relief Program is already taking shape. The Treasury secretary gets good ... Read moreA TARP report card - CNN MoneyLittle progress on Big Three bailout. House Speaker Nancy Pelosi, arguing General Motors ( GM ) is too big to fail , urges 'immediate action' to help automakers, but faces resistant Republicans and a noncommittal White House. Pelosi wants to include ... Read moreWall Street Breakfast: Must-Know News - Seekingalpha.comThe news comes as the country's big three auto makers teeter on the brink of financial ruin. Ford announced it will temporarily shut down nine North American plants, slashing production to deal with an 18 percent drop in U.S. sales. Without a cash ... Read moreAuto Industry Situation Dire; Congress May Offer Aid - WJLADetroit's Big Three automakers are in big trouble. That's not really debatable. The credit crisis and poor operational performance have investors fearing bankruptcy. A share of GM (NYSE: GM ) and a share of Ford (NYSE: F ) put together may buy you a ... Read moreFool Poll: Should We Bail Out the Big Three? - Motley FoolThat could soon change. Canada's consumer watchdog has removed the last barrier to allowing Canada's banks to issue more than one brand of credit card. Citing recent changes in the card companies' ownership, the federal Competition Bureau said it ... Read moreTheStar.com | Business | Banks free to carry rival plastic - Toronto StarTreasury Secretary Henry Paulson yesterday backed away from the original strategy behind the $700 billion US plan for propping up the limping economy, opening the door to pump government cash into credit card companies, auto financing firms, and ... Read moreBailout retooled to boost lending - Boston GlobeOne story that has caught my eye: Sears has brought back layaway after ending it twenty years ago. They're doing it in response to strong customer demand for K-Mart's program, which has been advertising its own layaway program heavily. (Sears owns K ... Read moreThe good old new days - Meganmcardle.theatlantic.comIs the U.S. economy doomed? Have the chickens finally come home to roost, exposing us as a country with little real substance and little real wealth? We don't make much stuff, and even some of the stuff we do make, like motor vehicles, we make at a ... Read more |
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