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Stock intended to eventually earn taxpayers a profit as part of the Bush administration's massive bank bailout has lost a third of its value - about $9 billion - in barely one month, according to an Associated Press analysis. Shares in virtually every bank that received federal money have remained below the prices the government negotiated.
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AP IMPACT: Some bailout holdings down $9 billion - Kansas City Star
Stock intended to eventually earn taxpayers a profit as part of the Bush administration's massive bank bailout has lost a third of its value - about $9 billion - in barely one month, according to an Associated Press analysis. Shares in virtually ...
CEOs drive to DC for hearings; Questions persist - Salon
Dec 4th, 2008 | WASHINGTON -- Embattled auto company chief executives scored some points with Congress by driving -- instead of flying -- to the hearings on a possible federal assistance package. Sen. Richard Shelby, an Alabama Republican, remained ...
Stimulus package lifts Argentine stocks higher - Salon
Dec 4th, 2008 | SAO PAULO, Brazil -- Argentine stocks rose on the government's announcement of an economic stimulus package, while other Latin American markets were flat in midday trading Thursday. Argentina's benchmark Merval increased 2 percent to ...
Wall Street heads for lower open - North County Times
NEW YORK - Wall Street headed toward a lower open Wednesday as investors absorbed more evidence of a weak economy, including a report that productivity slowed and a lowered outlook from BlackBerry maker Research In Motion. Stock futures were already ...
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