If you DARE to FAIL
 Reuters |
US may still prefer bank stakes to nationalization
Reuters By Dan Wilchins - Analysis NEW YORK (Reuters) - If the government gives more help to Bank of America Corp and Citigroup Inc in the near term, it will likely stop short of nationalization, even if a full takeover would be best for the banking system. Banking shares gain in late session Dodd Says Short-Term Bank Takeovers May Be Necessary |
 Times Online |
Venezuela bans Stanford execs from leaving country
Reuters CARACAS, Feb 20 (Reuters) - Venezuela on Friday said it has barred directors of Stanford Bank Venezuela from leaving the country days after seizing the bank in the wake of fraud charges against billionaire Allen Stanford, the bank's owner. Video: FBI Tracks Down Texas Financier in Fraud Case Stanford Charges Imperil Economy Built on $37 Steaks |
 Washington Post |
Dow Drop to 6-Year Low May Spur More Losses, Chart Analysts Say
Bloomberg By Eric Martin and Cristina Alesci Feb. 20 (Bloomberg) — The Dow Jones Industrial Average’s drop to a six-year low presages more losses for the 30-stock gauge, according to analysts who base forecasts on price charts. Top area companies feel Wall Street woes Business Highlights |
 AFP |
Madoff Left No Trace He Made Any Trades, Picard Says
Bloomberg By Carlyn Kolker, Thom Weidlich and Oshrat Carmiel Feb. 20 (Bloomberg) — Bernard Madoff, who sent his clients thousands of receipts purporting to document their trades, has left no trace of buying any securities for customers for as much as 13 years, … Did Madoff Have Help? No evidence Madoff bought securities, trustee says |
 ABC News |
GM moves quickly to shed Saab in financial crisis
The Associated Press DETROIT (AP) - Just three days after telling the US government that it might dump its Swedish-based Saab brand, General Motors Corp. Saab Bids GM Farewell Saab, Seeking GM Split, Given Time To Restructure |
 The Associated Press |
Obama nixes plan to tax motorists on mileage
The Associated Press WASHINGTON (AP) - President Barack Obama on Friday rejected his transportation secretary's suggestion that the administration consider taxing motorists based on how many miles they drive instead of how much gasoline they buy. Transportation agency: Obama will not pursue mileage tax Local Drivers Preferring Gas Tax to Mileage Tax |
 Telegraph.co.uk |
CPI Inches Higher In January
Forbes Despite a slight uptick in January consumer prices after three months of declines, investors are still worried about deflation and flocking to government debt. Video: Rise in Consumer Prices Largest Since July Nashville consumer price index drops |
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