Monday, March 2, 2009

3/2 washingtonpost.com - Business

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AIG Receives Up to $30 Billion in New Bailout Funds
March 2, 2009 at 7:22 am

American International Group will gain access to $30 billion more in taxpayer money as part of another restructuring of its federal bailout, the company announced this morning. . It marks the fourth time the government has stepped in to help the ailing insurance giant since September.


AIG Said To Receive Access to More Cash
March 2, 2009 at 12:00 am

American International Group will gain access to $30 billion more in taxpayer money as part of another restructuring of its federal bailout, sources involved in the negotiations said yesterday. It marks the fourth time the government has stepped in to help the ailing insurance giant since September.


Allied in Imbalance: A Story of a Swift Fall
March 2, 2009 at 12:00 am

This morning, executives from the District buyout firm Allied Capital will huddle in a conference room around a speakerphone, taking questions from tense investors and analysts for the first time since disclosing almost two weeks ago that the firm defaulted on its credit and debt agreements.


Case May Define When a Judge Must Recuse Self
March 2, 2009 at 12:00 am

BECKLEY, W.Va. -- Hugh Caperton was born into the coal business, but for more than a decade he has spent more time in a courthouse than in a mine. The complex, intrigue-filled legal tale he will present to the Supreme Court this week was literally enough to spawn a suspense novel, but it boils down...


Aides Defend President's Budget
March 2, 2009 at 12:00 am

Top aides to President Obama yesterday defended the ambitious plans laid out in the administration's proposed $3.6 trillion budget for next year, calling the spending necessary to reignite the economy and put the country on a path to sustainable growth.


The United Front of Geithner and Summers
March 2, 2009 at 12:00 am

The Obama administration's budget bears the hallmarks of a decade-old alliance that has quickly come to dominate the most pressing issues on the young administration's agenda.


Fear, Stress, Anxiety: A Global Recession's Personal Economics
March 1, 2009 at 12:00 am

Eileen Griffin always wanted to own a bookstore. So three years ago, when she retired from her job as a national account manager for Random House, she took all her savings and opened the Griffin Bookshop and Coffee Bar in downtown Fredericksburg. It became a local favorite, with live music perfor...

 

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