Tuesday, March 3, 2009

3/3 washingtonpost.com - Business

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McLean Company May Seek Bankruptcy Protection
March 3, 2009 at 12:00 am

Sunrise Senior Living said yesterday that it may seek bankruptcy protection if it cannot reach new agreements with its lenders.


Obama Likely to Need to Hire Tens of Thousands of Federal Workers to Fulfill Budget Goals
March 3, 2009 at 12:00 am

President Obama's budget is so ambitious, with vast new spending on health care, energy independence, education and services for veterans, that experts say he probably will need to hire tens of thousands of new federal government workers to realize his goals.


Obama's Trade Pick Owes IRS $10,000
March 3, 2009 at 12:00 am

Former Dallas mayor Ron Kirk, who is President Obama's nominee to be the U.S. trade representative, failed to pay almost $10,000 in taxes during the past three years because of a series of mistakes, the Senate Finance Committee said yesterday.


Dow Falls Below 7000 for First Time Since 1997
March 2, 2009 at 4:53 pm

U.S. stock markets plunged by 4 percent to close at the lowest levels in nearly 12 years, igniting fresh concern over the depth of the financial crisis and where the bear market would find a bottom.


Freddie Mac Chief Executive Steps Down
March 2, 2009 at 11:54 am

The government-appointed chief executive of McLean-based Freddie Mac said he is resigning from the mortgage-finance giant today, less than six months into the job.


Consumer Spending Rises in January but Likely to Fall Again
March 2, 2009 at 11:42 am

Americans' spending rose in January, as did their incomes, but analysts warned there was little reason for optimism about a broader economic rebound.


Allied Capital Chief Executive Steps Down Amid Turmoil
March 2, 2009 at 8:56 am

Allied Capital, the troubled district buyout firm, said this morning that longtime chief executive William Walton was stepping down but would remain as chairman of the board.

 

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