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Citi wins court order in battle for Wachovia (Reuters)
Date : 05 Oct 2008Reuters - Citigroup Inc said it won a court order late on Saturday blocking Wells Fargo & Co. from buying hobbled U.S. bank Wach read more »
European leaders vow to fight financial crisis (Reuters)
Date : 04 Oct 2008Reuters - European leaders vowed after crisis talks on Saturday to do all they could to fend off the financial mayhem that has sno read more »
Honeywell sees '09 bizjet sales up, but peak looms (Reuters)
Date : 04 Oct 2008Reuters - Worldwide business jet deliveries will rise 8 to 17 percent next year to what may be a peak as high fuel costs and globa read more »
Hypo Real fights for life after rescue collapses (Reuters)
Date : 04 Oct 2008Reuters - Property lender Hypo Real Estate (HRE) fought for its life on Saturday after German banks and insurers pulled out of a read more »
Belgium, Luxembourg scramble to sell Fortis (Reuters)
Date : 04 Oct 2008Reuters - Belgium and Luxembourg scrambled on Saturday to find a buyer for the remains of troubled financial group Fortis and mu read more »
Cloud lifts, but Wall Street outlook still grim (AFP)
Date : 04 Oct 2008AFP - A brutal week on Wall Street ended with the approval of a massive US government lifeline for the troubled financial sector, read more »
AIG to sell Japanese life insurance units (Reuters)
Date : 04 Oct 2008Reuters - American International Group Inc, plans to sell its three Japanese life insurance businesses, an AIG spokesman said on S read more »
When Even The Simpsons Make Fun Of E-Voting Machines...
Date : 03 Oct 2008Remember back when people first started questioning the reliability of e-voting machines? It was initially focused on Diebold, th read more »
AT&T Asks You To Pay In Advance To Handle Its Credit Problems
Date : 03 Oct 2008Despite explaining how the financial crisis will impact everyone, beyond just Wall Street, there are many people who still insist read more »
Lehman creditors seek to probe firm: report (Reuters)
Date : 03 Oct 2008Reuters - Unsecured creditors of Lehman Brothers Holdings Inc asked a court overseeing Lehman's bankruptcy proceedings for permis read more »
Five Years Into Suing Fans, RIAA's 'Sue Everyone' Strategy Has Failed, Miserably
Date : 03 Oct 2008The EFF has a long and comprehensive look into the RIAA's five year (and running) legal campaign against file sharing. It's a gre read more »
Flash Of Genius: Patent System Propaganda Made Into A Movie
Date : 03 Oct 2008I've been seeing previews of the new movie, Flash of Genius (which opens today) everywhere, and a few folks have asked my opinion read more »
Google, Yahoo delay search ad partnership (Reuters)
Date : 03 Oct 2008Reuters - Google Inc and Yahoo Inc have decided to delay implementing a controversial search advertising partnership, Yahoo said o read more »
Latest Nigerian Email Scam: Renters Checks
Date : 03 Oct 2008It's been quite fascinating, over the years, to see how the various "Nigerian" scammers have adapted and evolved their strategies. read more »
Wells bids $15 billion for Wachovia; scuffles with Citi (Reuters)
Date : 03 Oct 2008Reuters - Wells Fargo & Co agreed to buy Wachovia Corp for about $15 billion, upstaging a government-backed Citigroup Inc bid for read more »
Let's Be Honest About Bandwidth Rationing
Date : 03 Oct 2008Earlier this week, GigaOM released a new paper on bandwidth caps by Muayyad Al-Chalabi. It's been getting a fair amount of positi read more »
Congress passes bailout, focus shifts to fallout (Reuters)
Date : 03 Oct 2008Reuters - The U.S. Congress approved a $700 billion bank bailout on Friday, but stock markets fell as investors shifted attention read more »
Job cuts accelerate, recession fears rise (Reuters)
Date : 03 Oct 2008Reuters - U.S. employers cut 159,000 jobs last month, a ninth straight monthly reduction and the deepest in 5-1/2 years, the gover read more »
Wells bids $16 billion for Wachovia, scuffles with Citi (Reuters)
Date : 03 Oct 2008Reuters - Wells Fargo & Co agreed to buy Wachovia Corp for about $16 billion, catapulting it into the top ranks of U.S. consumer b read more »
Stocks drop on economic concerns despite bailout (Reuters)
Date : 03 Oct 2008Reuters - NEW YORK (Reuters) -Wall Street ended its worst week in seven years with another tumble on Friday on fears that the $700 read more »
Bailout Bill Stuffed With Pork Apparently More Palatable
Date : 03 Oct 2008In my post about the financial crisis earlier this week, I explained the rationales both for and against the so-called "bailout bi read more »
Congress passes bailout, Bush signs into law (Reuters)
Date : 03 Oct 2008Reuters - The Congress approved a $700 billion bailout package for U.S. banks as efforts to head off a spreading global financial read more »
Public Citizen Sues Dozier Over Failure To Serve Ronald J. Riley
Date : 03 Oct 2008We've written a couple times about lawyer John Dozier's highly questionable case against Ronald J. Riley. As I've pointed out, ev read more »
Wells to buy Wachovia for about $16 billion (Reuters)
Date : 03 Oct 2008Reuters - Wells Fargo & Co said on Friday it would buy Wachovia Corp for about $16 billion, apparently besting a government-backed read more »
September job losses steepest in 5-1/2 years (Reuters)
Date : 03 Oct 2008Reuters - U.S. employers cut 159,000 jobs last month, a ninth straight monthly reduction and the deepest in 5-1/2 years, the gover read more »