Obama faces tall to do list after weekend financial summit
World leaders urge action to prevent another financial crisis as Barack Obama prepares to take office. Economists warn he faces a heavy workload to overhaul US and global financial oversight, with ministers to craft details by March and a follow up summit planned by April 30.
MENTIONED IN THIS ARTICLE
Obama
Morris Goldstein
Peterson Institute For International Economics
International Monetary Fund
Goldstein
United States
Richard Yamarone
Argus Research
George W. Bush
Steven Schrage
Center For Strategic and International Studies
JPMorgan to Start Global Job Cuts Next Year
The Telegraph reports JPMorgan Chase plans to cut thousands of jobs worldwide starting next year after beginning consultations. Citigroup and Goldman Sachs have cut about 10 percent, implying more than 3,000 cuts for JPMorgan if applied. Spokesman declined comment.
MENTIONED IN THIS ARTICLE
New York
Jpmorgan Chase & Co
Britain
Sunday Telegraph
Jpmorgan
Citigroup
Goldman Sachs
Telegraph
Jpmorgan Chase
Showdown over automaker rescue Looms in Congress
Hardline opponents call the auto industry a dinosaur and warn of a reckoning as Democrats push a 25 billion dollar loan package in the lame duck session. Senate leaders seek to attach the auto bailout to unemployment benefits while White House options face GOP resistance.
MENTIONED IN THIS ARTICLE
Washington, D.C
Detroit
Wall Street
General Motors Corp
Ford Motor Co
Chrysler LLC
Congress
Senate
Democrats
White House
Minnesota
Norm Coleman
Richard Shelby
Alabama
Jon Kyl
Arizona
Kyl
House
Nancy Pelosi
D-Calif
Barney Frank
Massachusetts
House Financial Services Committee
Krosby
U.S
Labor Department
Stocks to Roil This Week Amid Economic Uncertainty
Markets toil to form a bottom as the Treasury shifts bailout plans and Congress debates automaker relief. Hedge funds face redemptions and investors fear further volatility with jobs data showing initial claims at 516000.
MENTIONED IN THIS ARTICLE
New York
Treasury
Congress
Quincy Krosby
The
Hartford
U.S
Standard & Poor
CreditGUARD offers debt relief program for card debts
CreditGUARD of America markets a program to cut monthly payments by 35 to 50 and end interest on $4,000 or more in debt. Over 200,000 families have used the service with positive reports, including Mary C in New Castle PA who saved $14,800 in interest in six months. Call 1 800 880 6433 or visit creditguard.org for a free consult.
MENTIONED IN THIS ARTICLE
Creditguard of America
U.S
Creditguard
Mary C
New Castle, PA
Angelo G
Bulverde
Creditguard.org
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Barack Obama
Rescue
Aiken
Aiken, S.C
Aikenstandard
Shelby
Senate Banking, Housing and Urban Affairs Committee
Henry Paulson
First Presbyterian Church
South Carolina
Laurens St
Barnwell Ave
the Aiken
Lauren Meccia
Jay Rising
Bill Foss
Ryan Westburry
Aikenpresbyterian.org
Utes
Amients
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