stock market

Paulson's Plan, and Purported Presidential Procrastination

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Treasury Secretary Henry Paulson unveiled a proposal to spend "hundreds of billions of dollars" on a plan which would basically allow the government to buy companies' debt.  When the company recovers, the government can sell that debt - with the acquired interest - for a profit; but in the mean time, com

At Stake in Stocks: a fall on a presidential scale

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It's old news by now that the economy's horrible.  And if you read the news (and if you're reading this, you probably do) you likely know about the continuing stock market crash that started with the bankruptcy of Fannie Mae and Freddie Mac and led to Lehman Brothers filing for bankruptcy, Merill Lynch being acquired

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