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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Oct 24, 2008

Page

11

IRS offers $266 million to reclaim late stimulus checks

The IRS announced an emergency plan to send about 400,000 unclaimed stimulus and refund checks worth roughly $266 million. Missing addresses and undeliverable mail have delayed payments. taxpayers urged to update addresses by November 28 and use the Where's My Stimulus Payment tool or call helplines for status and instructions.

Washington, D.C IRS Internal Revenue Service Doug Shulman Congress U.S. Postal Service Irs. Gov

Global crisis fuels European Asian leaders summit in Beijing

In Beijing EU Commission President Barroso urged unprecedented global coordination to tackle the financial meltdown ahead of talks with Chinese leaders. In Washington Michigan lawmakers urged using the 700 billion bailout to buy troubled auto assets to aid automakers, with discussions of Fed credit access and potential bankruptcy by Detroit Three noted.

Beijing China EU Commission Jose Barroso U.S John Dingell Fed Dingell Congress Detroit General Motors Corp Chrysler LLC Ford Motor Co

Greenspan grilled on Capitol Hill over financial crisis

Former Fed chair Alan Greenspan faced sharp questions from Henry Waxman and House Oversight Committee members about regulatory missteps and the subprime mortgage meltdown. He blamed overeager investors alongside a century‑scale credit crisis, warned of further trouble, and acknowledged some fault while urging tougher regulation and better bank safeguards. He cited rising unemployment, housing instability, and ongoing bailout talks as context for his testimony.

Washington, D.C Congress Alan Greenspan Federal Reserve Greenspan House Oversight Committee Fed Wall Street Capitol Hill Henry Waxman Goldman Sachs Chrysler Xerox Senate Treasury Department Federal Deposit Insurance Corp FDIC Sheila Bair House Treasury John Snow Securities and Exchange Commission Christopher Cox

Chertoff eyes renewed push on no match hiring rule

Homeland Security Secretary Michael Chertoff said he will try again to overcome a California judge’s objections to a proposal that would force employers to fire workers with no match between Social Security numbers and names. He noted added analysis of costs and anticipated opposition from groups like the U.S. Chamber of Commerce while defending enforcement as part of broader immigration reform.

Washington, D.C Homeland Security Michael Chertoff U.S California Chertoff U.S. Chamber of Commerce Chamber of Commerce Angelo Amador Chamber Amador Social Security Administration

Market in Review Highlights Mixed Trade on Key Stocks

A Thursday review notes modest gains in several large caps and continued turnover in mid caps. Investors focus on earnings guidance, with leadership from technology and energy sectors while volatility remains elevated amid macro uncertainty.

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