2/11 washingtonpost.com - Business

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. washingtonpost.com - Business Steven Pearlstein on Timothy Geithner's Bailout February 11, 2009 at 11:00 am The Washington Post's Steven Pearlstein will be online to Treasury Secretary Timothy Geithner's $1.5 trillion bank bailout plan and Wall Street's reaction to it. Facing Oversight, Banks Go on Offense February 11, 2009 at 12:00 am Wall Street is trying to move out of its defensive crouch. Geithner Plan Lacks Freshness And Clarity February 11, 2009 at 12:00 am In rolling out his overhaul of the financial rescue yesterday, Treasury Secretary Timothy F. Geithner lambasted the Bush administration's response to the crisis over the past year. Obama Paints America's Choice as His Plan or Nothing February 11, 2009 at 12:00 am FORT MYERS, Fla., Feb. 10 -- President Obama likes to portray the battle over the economic stimulus package that passed the Senate on Tuesday as a stark choice between his approach and that of those who would "do nothing." Prospective Buyers of Toxic Assets Wary of Plan February 11, 2009 at 12:00 am LAS VEGAS, Feb. 10 -- Some of the people who the Obama administration hopes to coax into buying toxic securities from banks reacted today with interest, caution and most of all frustration that more details were not forthcoming. Raided Firms Have Murtha Ties February 11, 2009 at 12:00 am Two separate federal raids at the Virginia offices of a lobbying powerhouse and at the Pennsylvania headquarters of a defense contractor have one thing in common: Both businesses have made millions from federal earmark projects arranged by Rep. John P. Murtha (D-Pa.). In Financial Crisis, Some Britons Note, It's the Men Who Â'Made a Right Mess of It' February 11, 2009 at 12:00 am LONDON, Feb. 10 -- Fred, Tom, Andy, Dennis, Eric, John, Stephen, Antonio and Paul ran British banks that lost billions of dollars. Peanut Company at Center of Outbreak Shuts Its Texas Plant After Salmonella Is Found February 11, 2009 at 12:00 am A second peanut-processing plant owned by the company at the heart of a nationwide outbreak of salmonella-related illness has been shut down after Texas authorities discovered the bacteria in products there. 500 TV Stations Still Plan to Make Digital Switch Next Week February 11, 2009 at 12:00 am With millions of U.S. viewers still apparently unprepared for the nation's switch to digital TV, nearly 500 full-power television stations across the nation are preparing to move ahead with the transition and drop traditional over-the-air broadcasts next Tuesday. Senate Passes $838 Billion Economic Stimulus Bill February 10, 2009 at 4:32 pm The Senate today passed an economic stimulus bill that President Obama and congressional Democrats called crucial to pull the U.S. economy out of its downward spiral but that drew scant support from Republicans. Geithner Announces Restructured Bailout Plan February 10, 2009 at 11:34 am Treasury Secretary Timothy F. Geithner this morning announced a rescue program for the hard-hit U.S. financial system that may commit up to $1.5 trillion in public and private funds. Stocks Fall in Morning Trading February 10, 2009 at 11:22 am Stock markets fell sharply this morning as investors surveyed the details of a three-pronged rescue plan by the Obama administration intended to confront the ongoing financial crisis. GM to Slash 10,000 Management Jobs February 10, 2009 at 11:12 am General Motors told its white-collar workforce this morning that it will slash about 10,000 management jobs worldwide and make temporary cuts of 10 percent to their pay. Starting Public-Sector Jobs With Parting Gifts in Hand February 10, 2009 at 12:00 am As part of his battle against excessive pay packages, President Obama has taken aim at golden parachutes -- those hefty lump sums that top executives cart away when they leave a job. But the practice is so entrenched that many of the president's own top recruits for White House positions are... Not So Much Of a Stimulus For Some D.C. Home Buyers February 10, 2009 at 12:00 am A tax credit designed to jump-start the housing market may end up short-changing first-time D.C. home buyers. WTO Panel Warned of Protectionism Threat February 10, 2009 at 12:00 am PARIS, Feb. 9 -- The director-general of the World Trade Organization, Pascal Lamy, called Monday for a freer flow of trade information to help guard against protectionism as governments struggle to overcome the global economic crisis. Iconic GM Executive to Retire February 10, 2009 at 12:00 am Bob Lutz, General Motor's plain-spoken product chief and vice chairman, announced his retirement yesterday, signaling changes not only for GM, but also the domestic auto industry. Obama Says Economic Crisis Comes First February 10, 2009 at 12:00 am President Obama declared last night in his first prime-time news conference that the task of saving and creating jobs is more important than cultivating the bipartisan cooperation he promised to bring to Washington, and he pressed his case for the massive economic stimulus plan working its way... Lobbying War Ensues Over Digital Health Data February 10, 2009 at 12:00 am The Senate and House appear headed for a clash over competing visions of how to protect the privacy of patients' electronic medical records, with the House favoring strict protections advocated by consumer groups while the Senate is poised to endorse more limited safeguards urged by business inte... Bush Faithful Rewarded With Jobs February 10, 2009 at 12:00 am Fred F. Fielding, Emmet T. Flood, William A. Burck and Daniel M. Price worked together at the White House under George W. Bush. Less than two weeks before leaving office, Bush made sure the senior aides shared a new assignment, naming them to an obscure World Bank agency called the International... SEC Enforcement Chief Leaving February 10, 2009 at 12:00 am The Securities and Exchange Commission announced yesterday the departure of the director of enforcement and prepared to name a former federal prosecutor to replace her. For Some Businesses, the Higher Price Is Right February 10, 2009 at 12:00 am The signs in the window of Jay Kos, an upscale menswear boutique on Park Avenue in Manhattan, seemed shocking. Surrounded by glaring economic-crisis headlines cut out of newspapers, they said, "cashmere sweater: $2,500. recession price: $2,500." "lamb's fleece jacket: $11,000. recession price:... New Bailout May Top $1.5 Trillion February 10, 2009 at 12:00 am The gravity of the financial crisis confronting the Obama administration will come into stark focus today when officials unveil a three-pronged rescue program that may commit up to $1.5 trillion in public and private funds, and possibly more, lawmakers and other officials said.   This email was sent to autoblogs077@gmail.com . Don't want to receive this feed any longer? Unsubscribe here.