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Paulson, Bernanke Put Aiding Banks Ahead of Best Taxpayer Deal - Bloomberg

September 24th, 2008, 11:09

By @ September 24th, 2008, 11:09 in General


Sept. 24 (Bloomberg) -- Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke signaled that their priority is shoring up the nation's banks even if it means they don't get taxpayers the cheapest prices for the devalued assets the government buys. Bernanke told lawmakers

NYC transit added to Google's map service - Salon
As of Tuesday, people looking up locations in the city get public transit options alongside driving directions. The feature includes information about subways, buses and commuter railroads. New York's Metropolitan Transportation Authority and some other organizations already provide transit trip

Taro Aso succeeds Fukuda as Japan's prime minister - Hindustan Times
The head of the ruling Liberal Democratic Party (LDP), Taro Aso, was elected Japan's prime minister on Wednesday after Yasuo Fukuda and his cabinet resigned en masse earlier in the day. Aso, 68, received 337 votes from the 478 members in the LDP-controlled House of Representatives, which has the

Oil prices rise as bailout mulled - CNN Money
SINGAPORE (AP) -- Oil prices rose slightly to $107 Wednesday in Asia as investors waited for details of a proposed $700 billion plan to buy bad mortgage debt and stabilize the U.S. financial system. Oil traders are scrutinizing the plan because of its possible impact on the global economy -- and

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