What Treasury is planning Mon, 13 Oct 2008 16:04:41 -0400 More light was shed on the Treasury's $700 billion rescue plan Monday, but many questions still remain.
1st steps on U.S. rescue plans Mon, 13 Oct 2008 13:12:49 -0400 A top Treasury official on Monday outlined the government's multi-prong effort to bail out the United States financial system and resuscitate the economy.
Fed offers unlimited support Mon, 13 Oct 2008 09:09:56 -0400 The Federal Reserve announced Monday it will offer an unlimited amount of dollars to three other central banks in an unprecedented move to provide liquidity to the global banking system.
Latest Business News from Times Online
Markets soar as the world acts to rescue banks Mon, 13 Oct 2008 20:00:35 -0000
World stock markets soared today after governments committed trillions of
dollars in an unprecedented attempt to prevent the collapse of the
international financial system.
Henry Paulson lays down law as bankers hear details of $700bn bailout$ Tue, 14 Oct 2008 00:00:00 -0000
Henry Paulson, the US Treasury Secretary, moved to follow Britain’s leads yesterday by nailing down a plan for the US Government to buy shares in banks.
The day they dropped a bomb on the banks Tue, 14 Oct 2008 00:00:00 -0000
It was the weekend the City watchdog finally bared its teeth. Adair Turner and
Hector Sands, chairman and chief executive respectively of the Financial
Services Authority, had some nasty shocks for bank chiefs as they met the
Treasury to negotiate the sums they would need from the taxpayer to
recapitalise their institutions.
RBS to pay price of intervention by cutting jobs Tue, 14 Oct 2008 00:00:43 -0000
Thousands of jobs are under threat as Royal Bank of Scotland (RBS) slims down
its global markets and investment banking division as part of the price of
the Government's £20 billion capital injection.
Costly dangers of the unclenched fiscal fist Mon, 13 Oct 2008 00:00:17 -0000
This week's £50 billion bank recapitalisation plan - together with the nationalisation of Northern Rock and Bradford & Bingley - looks set to push the Government's debt to 50 per cent of national income. This would be the highest for 30 years and well above the 40 per cent ceiling that Gordon Brown set himself when he became Chancellor.
Waving goodbye to their jobs and payoffs, the men who once controlled wealth of millions Tue, 14 Oct 2008 00:00:00 -0000
Four of the most senior figures in British banking fell on their swords
yesterday as the Government set out the ground rules for a new lower-paid
and more heavily regulated era.
Who Owns What? - Listings, coverage and forum about media ownership and consolidation, from The Columbia Journalism Review
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A New FCC for the 21st Century - Section of official Federal Communications website outlining FCC's changing role and reduced regulation because of a belief that there will be more competition in communications media.
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Global Concentration: The Media Ownership Chart - News and data on media ownership, plus related articles about media monopolies and concentration of power.
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New Democracy Forum -- The Future of Media? - Online debate about effects on democracy of corporate dominance and concentration of media ownership. Includes opinions from differing perspetives from Robert McChesney, Lawrence Grossman, Ralph Nader and other contributors. From Boston Review.
