StartUpToFinish

Reuters – Federal Reserve Chairman Ben Bernanke this week will offer assurance that help is on the way for the troubled U.S. economy and may offer clues on additional steps that could be taken to halt an ever-steepening dive.
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Reuters – Financial regulators will soon launch a series of “stress tests” to determine which of the largest U.S. banks should get bigger capital cushions in case of a deeper recession, a person familiar with Obama administration plans said on Saturday.
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Reuters – Yahoo Inc Chief Executive Carol Bartz could announce a major management reorganization as early as next week, according to the blog AllThingsD.
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Reuters – Pressure mounted on Sunday on the chairman of UBS to step down after the Swiss bank was engulfed in a storm of criticism over its handling of a U.S. probe into tax fraud.
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AP – Treasury prices rose Friday as stocks tumbled and investors worried about the health of the banking industry.Read More… [Source: Yahoo! News: Business]

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AP – Nancy Shade’s father and grandparents had enjoyed the security of General Motors’ benefits before they helped draw her to a job there, too. Now, the five-year breast cancer survivor is wondering how she’ll afford her own health coverage if GM’s spun-off parts maker, Delphi, terminates medical and life insurance benefits for salaried retirees.Read [...]

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Reuters – Bears could have the upper hand again this week if Wall Street fails to get assurance that major banks can be rescued without being seized by the U.S. government.
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