Treasury Secretary Henry Paulson called coverage of foreign banks "a distinction without a difference to the American people." Continuing: "If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets, they have the same impact on the American people..."
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Web Surfing News
Congress Has 43,457,362 Reasons to Help Goldman Sachs
Not all their money has gone for mansions and Ferraris. The embattled Goldman Sachs investment banking firm and its employees have spent more than $43 million dollars on lobbying and campaign contributions to cultivate friends and buy influence in Washington, D.C. since 1989, according to an ABC News analysis of campaign finance records...
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Wall$treet And The Financial Games From The 80's
That's right, a game about the stock market crash of 1987, made in 1987. By current standards 500 points in a day is just a hiccup, but back in the early days it was enough to fuel a whole game. Wonder if there will be a game soon called "The Big Bailout", featuring real-time Henry Paulson supplication controls.
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Wells Fargo Number One Bank-Topples BoA
Taking the number one spot from BoA, Wells Fargo leads the pack.Providing they maintain their higher than average industry conservativism, Wells may prove to be a truly golden bank. If they can put their energies into keeping high values, low risk, balanced business practices and operate with integrity, they should come out shining!
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F.B.I. Struggles to Handle Wave of Financial Fraud Cases
A focus on terrorism and intelligence has limited the bureau’s ability to pursue criminal wrongdoing related to the economic crisis, officials said.
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Mozilla for Mobile
After Long time of Announcement Finally mozilla released It's mobile Version of browser, which will be very helpful for all who are in love with tabbed browsing, and prt from all the features that mozilla is offering is mouth watering.I'm Stil waiting when i will have the version available which is compatible with my mobile.
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Waste From Gut Bacteria Helps Host Control Weight
A single molecule in the intestinal wall, activated by the waste products from gut bacteria, plays a large role in controlling whether the host animals are lean or fatty, a research team, including scientists from UT Southwestern Medical Center, has found in a mouse study.
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"Max Payne" shoots to top of box office roster
Action-packed "Max Payne" shot its way to the top of the North American box office, grossing $18 million during the video game adaptation's first weekend in theaters, according to studio estimates on Sunday.
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