Monday, March 9, 2009

3/9 Wash Post Business

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Nikkei at 26-Year Low as Asian Stocks Sink
March 9, 2009 at 7:51 am

TOKYO, March 9 -- In the global descent into recession, Japan continues to lead the way.


GOP Leaders Criticize Bank Rescue Plan, Urge Obama to Â'Make Hard Choices'
March 9, 2009 at 12:00 am

Republican congressional leaders yesterday called President Obama's budget proposal wasteful and his plan to rescue the nation's banks unrealistic, urging the administration to "make hard choices" and allow some major financial institutions to fail.


Montgomery County Police Seeking Disability Benefits Find System Weighted in Their Favor
March 9, 2009 at 12:00 am

If a Montgomery County police officer can show that his bad knee limits his ability to chase a suspect through the woods or that his injured trigger finger can no longer fire a gun, he gets the same tax-free benefits as an officer paralyzed from a gunshot, under the police department's...


Web Directory Of Attorneys Upsets D.C. Bar
March 9, 2009 at 12:00 am

Washington is teeming with lawyers, with about 90,000 of them licensed to practice in the District, hundreds of law firms and thousands of soon-to-be lawyers enrolled in the area's law schools. But if the District of Columbia Bar has its way, finding one of those lawyers online may not be so easy.


U.S. Downturn Dragging World Into Recession
March 9, 2009 at 12:00 am

The world is falling into the first global recession since World War II as the crisis that started in the United States engulfs once-booming developing nations, confronting them with massive financial shortfalls that could turn back the clock on poverty reduction by years, the World Bank warned y...


GM Reaches Tentative Deal With Canadian Auto Union
March 9, 2009 at 12:00 am

DETROIT, March 8 -- The Canadian Auto Workers union said Sunday that it had reached a tentative agreement with General Motors on a multiyear pay freeze and other concessions needed to qualify the company for government aid.


Georgia, a Nation Stalled On the Road to Democracy
March 9, 2009 at 12:00 am

TBILISI, Georgia -- Mikheil Saakashvili strode into Parliament like a returning hero, basking in applause. Five years earlier, he had burst into the same chamber with a rose in his hand and a crowd behind him, toppling the old autocratic regime. Now, as a second-term president, he was back for a ...


Value Added
March 9, 2009 at 12:00 am

I used to get giddy when the envelopes from Fidelity Investments and Vanguard Group arrived in the mail each month, informing us how much new wealth the magic stock market had bestowed upon us. I would contemplate the balance and think of what steel king Andrew Carnegie said the first time he rec...


Money Stimulates Debate in States Over Plan's Goals
March 9, 2009 at 12:00 am

As tens of billions of dollars in stimulus funds begin to flow across the country, states and federal agencies are gripped by disputes over whether the money is being used in ways that violate the letter or spirit of the legislation, battles that raise new questions about precisely what the intent...


Oversight of Bank Bailouts Criticized
March 9, 2009 at 12:00 am

Congressional investigators are criticizing the Obama administration for failing to police deals in which banks participating in the $700 billion federal bailout lent billions of dollars overseas, highlighting the growing political tension over the extent of government involvement in firms receiv...

 

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