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  1. In this Tuesday, Oct. 7, 2008 file photo, artist Laura Gilbert displays her 'Zero Dollar' artwork in front of the New York Stock Exchange  in New York. If you're looking to track down your missing money — figure out who has it now, maybe ask to have it back — you might be disappointed to learn that is was never really money in the first place. (AP Photo/Mark Lennihan)
    All that money you've lost — where did it go? AP - Sat Oct 11, 12:41 PM ET Sent 214 times

    NEW YORK - Trillions in stock market value — gone. Trillions in retirement savings — gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll — gone, gone, gone.

  2. U.S. Treasury Secretary Henry Paulson speaks at a news conference after the G7 Ministerial meeting in Washington October 10, 2008. The world's rich nations vowed on Friday to take all necessary steps to unfreeze credit markets and ensure banks can raise money but they offered no collective course of action to avert a deep global recession. (Yuri Gripas/Reuters)
    Gov't eyes plan to take ownership stakes in banks AP - 26 minutes ago Sent 193 times

    WASHINGTON - Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending.

  3. Financial markets near complete freeze Reuters - Sun Oct 12, 11:06 AM ET Sent 19 times

    LONDON (Reuters) - Investors will be seeing this week whether policymakers found a way to pull markets away from a deeper collapse as global capital markets faced complete freeze-up.

  4. ADVANCE FOR MONDAY OCT. 13; graphic shows percentage of Americans by the value of their debt;
    Is the era of easy credit over for the long haul? AP - Sun Oct 12, 3:22 PM ET Sent 17 times

    An inflatable gorilla beckoned from the roof of Don Brown Chevrolet in St. Louis, servers doled out free bowls of pasta and a salesman urged potential customers to "come on up under the canopy and put your hands on" a new set of wheels.

  5. A man stands outside the NASDAQ Market Site as the televised speech by U.S. President George W. Bush is broadcasted in New York October 10, 2008. (Shannon Stapleton/Reuters)
    Exploring the worst-case scenario Reuters - Sun Oct 12, 3:10 PM ET Sent 13 times

    WASHINGTON (Reuters) - The global economy is drawing closer to a dangerous downward spiral and time may be running out for world leaders to find a way to stop it before it inflicts lasting damage.

  6. Bankruptcy financing gets pricier and more elusive Reuters - Sun Oct 12, 10:04 AM ET Sent 11 times

    NEW YORK (Reuters) - Financing is getting pricier and more elusive for companies that file for bankruptcy.

  7. France's President Nicolas Sarkozy speaks at a joint press conference attended by European Central bank Governor Jean-Claude Trichet,European Commission President Jose-Manuel Barroso and President of the European Council Jean-Claude Junker at the Elysee Palace in Paris, October 12, 2008. (Philippe Wojazer/Reuters)
    Europe and others bolster banks to fight crisis Reuters - 1 hour, 25 minutes ago Sent 10 times

    PARIS (Reuters) - Countries from Europe to Australia rushed out plans on Sunday to shore up their banks, trying to stem a crash in markets by pledging to back lending, buy stakes in financial institutions and take other measures.

  8. File photo shows the logo of American International Group (AIG) at their offices in New York September 18, 2008. (Eric Thayer/Reuters)
    AIG knew of potential problems in valuing swaps: report Reuters - Sun Oct 12, 2:32 PM ET Sent 6 times

    NEW YORK (Reuters) - Top executives at American International Group Inc knew of potential problems in valuing derivatives contracts, known as credit default swaps, long before questions about the risky transactions caused its stock to plummet, the Wall Street Journal said, citing documents released by congressional investigators.

  9. A new Chrysler sign is seen after the DaimlerChrysler sign was removed from the front of the Chrysler headquarters in Auburn Hills, Michigan in this August 4, 2007 file photo. (Rebecca Cook/Files/Reuters)
    Chrysler, GM have merger talks: sources Reuters - Sun Oct 12, 9:44 AM ET Sent 5 times

    DETROIT/NEW YORK (Reuters) - Chrysler LLC has had talks with General Motors Corp about a deal to combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, according to three people familiar with the matter.

  10. American flags flutter in the wind in front of the General Motors Corp. headquarters in downtown Detroit, Michigan in this November 7, 2007 file photo.  General Motors is in preliminary talks about a possible merger with fellow U.S. automaker Chrysler, The New York Times reported late on October 10, 2008. The talks between GM and Cerberus Capital Management, the private equity firm that owns Chrysler, began more than a month ago and are not certain to produce a deal, the paper said.  REUTERS/Rebecca Cook/Files  (UNITED STATES)
    Analysts: GM would need cash to acquire Chrysler AP - Sat Oct 11, 5:45 PM ET Sent 5 times

    DETROIT - For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts.

  11. Web Surfers Face Dangerous New Threat: 'Clickjacking' NewsFactor - Wed Oct 8, 4:47 PM ET Sent 2 times

    Internet and Web browser security experts are sounding the alarm about a new type of malicious attack called "clickjacking," a technique that can be used to dupe Web surfers into revealing confidential information while clicking on seemingly innocuous Web pages. Among other things, a clickjacking attack can be used to take control of a computer's Webcam and microphone without the knowledge of the user.

  12. A Wachovia sign on its ATM is seen inside a branch in New York October 8, 2008. (Lucas Jackson/Reuters)
    Wells Fargo wins Fed approval on Wachovia bid Reuters - 18 minutes ago Sent 2 times

    WASHINGTON (Reuters) - The Federal Reserve on Sunday gave its stamp of approval to the takeover of Wachovia Corp by Wells Fargo & Co of San Francisco, which had battled New York-based Citigroup for ownership of the wounded bank.

  13. Highlights of Paulson statement at World Bank AP - Sun Oct 12, 1:20 PM ET Sent 2 times

    Highlights of Treasury Secretary Henry Paulson's statement Sunday to a meeting of the World Bank's development committee, as provided by the Treasury Department:

  14. US Treasury Secretary Henry Paulson, pictured here on October 10, 2008, has warned that the financial crisis sweeping the global economy is one of the most serious challenges ever faced -- leading to a sharp slowdown in growth.(AFP/Tim Sloan)
    Financial crisis unprecedented: Paulson AFP - Sat Oct 11, 1:56 PM ET Sent 1 times

    WASHINGTON (AFP) - The financial crisis sweeping the global economy is one of the most serious challenges ever, leading to a sharp slowdown in growth, US Treasury Secretary Henry Paulson said on Saturday.

  15. An American flag hangs over the exterior of the New York Stock Exchange in New York, October 9, 2008. The Dow Jones Industrial Average dropped 678.91 points on the trading session Thursday to finish at 8579.19 closing below 9,000 for the first time since 2003. (Mike Segar/Reuters)
    For stocks, high anxiety rules Reuters - 1 hour, 56 minutes ago Sent 1 times

    NEW YORK (Reuters) - High anxiety on Wall Street won't subside next week as the deepening credit crunch pushes the global economy into recession and corporate profits increasingly become an afterthought as investors scramble to raise enough cash to weather the credit crisis.

  16. Two small banks fail; brings 2008 tally to 15 Reuters - Fri Oct 10, 10:01 PM ET Sent 1 times

    WASHINGTON (Reuters) - U.S. regulators took over two small banks on Friday, in Michigan and Illinois, bringing the tally of bank failures to 15 so far this year.

  17. Federal Reserve Chairman Ben Bernanke speaks to the National Association for Business Economics (NABE) about the current state of the economy in Washington, October 7, 2008. (Mitch Dumke/Reuters)
    Bernanke signals readiness to cut rates Reuters - Tue Oct 7, 3:27 PM ET Sent 1 times

    WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Tuesday signaled a readiness to lower U.S. interest rates in a dramatic shift to support an economy battered by a financial crisis of "historic dimension."

  18. Retirement accounts have lost $2 trillion so far AP - Tue Oct 7, 7:27 PM ET Sent 1 times

    WASHINGTON - Americans' retirement plans have lost as much as $2 trillion in the past 15 months — about 20 percent of their value — Congress' top budget analyst estimated Tuesday as lawmakers began investigating how turmoil in the financial industry is whittling away workers' nest eggs.