Bailout and Financial Crisis News

One of the great mysteries of the Toyota debacle is why Toyota ignored the complaints for so long.  Or at least it's a mystery to reporters on cable news, abetted by consumer advocates who were all too happy to imply that Toyota didn't care how many people it killed as long as they made a [...]

By Daniel Costello In October, the New York Times announced it would need to trim as many as 100 newsroom jobs by the end of the year and has sought most of the cuts through voluntary layoffs. Unfortunately, it appears not enough staffers have raised their hand so the paper is expected to hand out pink [...]

Before we knew what was coming. The front page of the NY Times the day after The Giant Pool of Money aired. (Steve Rhodes/Flickr) On today’s Planet Money: We revisit the show that fathered our podcast — The Giant Pool of Money. In that [...]

There are all kinds of stories of mis-aligned incentives in the foreclosure process. Banks get very little money for modifying them, and it’s not even worth their trouble. Other foreclosure service providers get paid quite a lot and don’t want anything to slow down the process. And then there’s this… A Wells Fargo executive involved in foreclosed [...]

At the moment, at the top of nytimes.com are four stories: A pretty good story by Mark Mazzetti and David Johnston filling in details in stories reported at lest three years ago by Ron Suskind in his The One Percent Doctrine–and, of course, they do not cite or reference Suskind in any way: Mark Mazzetti and [...]

At the moment, at the top of nytimes.com are four stories: A pretty good story by Mark Mazzetti and David Johnston filling in details in stories reported at lest three years ago by Ron Suskind in his The One Percent Doctrine–and, of course, they do not cite or reference Suskind in any way: Mark Mazzetti and [...]

Telegraph.co.uk Professor is down-to-earth, friends sayBoston GlobeHarvard professor Henry Louis Gates Jr. (left) was in New York yesterday and interviewed by CNN's Soledad O'Brien (right). Gates's profile has been raised since being arrested on a charge of disorderly conduct outside his home in Cambridge. …Fierce debate continues over Gates' arrestBaltimore SunWith Vigor, Obama Wades Into a [...]

Washington Post Clinton keeps up pressure on North Korea at Asia meetingReutersPHUKET, Thailand (Reuters) - US Secretary of State Hillary Clinton urged Asia's biggest security community on Thursday to keep the pressure on North Korea to end its nuclear program and enforce UN sanctions against …Clinton: NKorea running out of options on nukesThe Associated PressNorth Korea [...]

guardian.co.uk Officer in Gates case says he won't apologizeBoston GlobeSergeant James Crowley, the Cambridge police officer who arrested Harvard professor Henry Louis Gates Jr. last week and touched off a firestorm of controversy, said today he would not agree to Gates's …Black professor's arrest continues to rattle Boston areaLos Angeles TimesObama Criticizes Arrest of Harvard ProfessorNew [...]

BBC News Sources: Terror suspect's real threat was as recruiterNewsdayBryant Neal Vinas' may have had a "specialized knowledge" of the subway system and the Long Island Rail Road, but the real threat he posed was in his potential to recruit others into jihad, …Feds: Long Island man gave Al Qaeda info on city subways, LIRRNew York [...]

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