Commercial banks will be asked to back up credit lines for troubled insurers and private equity. investments in the same subprime mortgage sector that has left banks reeling. Some insurers have.
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· On Friday, October 7th, a beautiful blue-sky and warm-ish October day, I went to Zuccotti Park in NYC with Livio Sanchez (film editor) and Debby Brand (camera operator) to see firsthand what Occupy Wall Street was all about and record what we could. What we found were people united by a sense that our national narrative is off course and that resentment over the patent unfairness of our.
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He did not say the Bernanke Fed erred in bailing out Bear Stearns. But he contrasted that move to his decision not to bail out New York City – “a large but irresponsible borrower” – in the 1970s. And.
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When McCain took the microphone, he did exactly that with a series of criticisms designed to say that Obama bears some direct responsibility. in particular McCain’s new plan to bail out the housing.
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