2/27 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 A Budget Process Hijacked by Selfish Interests February 27, 2009 at 12:00 am Yesterday was Budget Day in Washington, that glorious day each February when the federal city comes alive as the political agenda for the coming year is set. Suddenly everyone -- members of Congress, federal employees, contractors, lobbyists, the think tanks and associations -- begins to mobilize... In Stock Deal, U.S. Plans to Enlarge Stake in Citigroup February 27, 2009 at 12:00 am The federal government plans to take a substantial ownership stake in Citigroup, launching the Obama administration's new strategy to prevent the failure of any more large banks, according to sources familiar with the matter. In $3.6 Trillion Budget, Obama Signals Broad Shift in Priorities February 27, 2009 at 12:00 am President Obama delivered to Congress yesterday a $3.6 trillion spending plan that would finance vast new investments in health care, energy independence and education by raising taxes on the oil and gas industry, hedge fund managers, multinational corporations and nearly 3 million of the nation'... Out-of-Work Financiers Reap Dividends of Seeing the World February 27, 2009 at 12:00 am RIO DE JANEIRO -- When Deutsche Bank determined that strategist Rod Manalo was, in the merciless language of hard times, "redundant," it was an abrupt and humbling end to a seven-year career in finance. Investors Bristle at Obama Budget February 27, 2009 at 12:00 am The Obama administration said yesterday that it would change the way it taxes profits for investment partnerships starting in 2011, touching off a wave of protests from business groups that could see their tax bills more than double. Ambitious Blueprint a Big Risk The President Is Willing to Take February 27, 2009 at 12:00 am President Obama's first budget -- with its eye-popping $1.75 trillion deficit, a health-care fund of more than $600 billion, a $150 billion energy package and proposals to tax wealthy Americans even beyond what he talked about during his campaign -- underscores the breadth of his aspiration to... In Budget, Signal of a Bigger Bailout February 27, 2009 at 12:00 am With public anger still simmering over the $700 billion bailout of the financial system, the Obama administration signaled yesterday that the rescue effort may yet grow by an astronomical amount -- an additional $750 billion or more. At Split Ends on Tax Increase February 27, 2009 at 12:00 am In a posh salon in the heart of Potomac, JoAnn Pearlman was getting her hair colored, a skim latte in hand -- not the least bit ruffled by the budget proposal that President Obama unveiled, even though her pocketbook would clearly take a hit. Orszag Is Economic Centrist Who Knows How to Deal February 27, 2009 at 12:00 am The gangly, bespectacled official who yesterday laid down the fiscal footprint of a new presidency is an unassuming man who proudly refers to himself as the administration's "super-nerd." Rocky Mountain News to Cease Publication February 27, 2009 at 12:00 am Colorado's oldest newspaper, the Rocky Mountain News, is shutting down today, and industry analysts say it won't be the last to be pulled under by a rising tide of financial woes. White House Plan Would End Subsidies to Student Lenders February 27, 2009 at 12:00 am The Obama administration has proposed a sweeping change in the $85 billion-a-year student loan industry, one that could fundamentally alter the business of lenders such as Sallie Mae. House Delays Vote on Modification of Delinquent Mortgages February 26, 2009 at 4:50 pm The House delayed a vote on legislation to allow bankruptcy judges to modify the mortgages of troubled homeowners after the measure faced unexpected opposition from some Democrats. Republicans Attack Obama Budget, Call It Loaded With Spending February 26, 2009 at 4:49 pm Republicans criticized President Obama's first budget as a new spending bonanza that fails to address the entitlement crisis and relies overly on tax increases and new business costs to close the deficit gap. U.S. Markets Dip in Final Hour of Trading February 26, 2009 at 4:49 pm Stocks were negative territory at closing after rising this morning following announcements yesterday by the government detailing its plans for aid to some of the nation's largest financial institutions. Jobless Claims Jump to 667K; Factory Orders Plunge February 26, 2009 at 2:57 pm The number of people filing for unemployment benefits shot up unexpectedly last week and is likely to keep climbing as business slash production in response to sinking demand. SBA's 'Goodwill' Leaves Bad Taste for Small Businesses February 26, 2009 at 9:09 am The business brokers, who guide buyers and sellers of companies through those transactions, say a new government rule could dramatically harm their businesses while blunting the ability of many recently laid-off Americans to find new avenues of work and income.   This email was sent to autoblogs077@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.