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Overnight News Recap: U.S. Government Swoops to the Rescue - Economicnews Published on Sat, 20 Sep 2008 00:58:00 GMT (CEP News) - An announcement that lawmakers in the United States are working legislation which would allow financial institutions to remove illiquid assets from their balance ... Click Here for Other Details

Friday's News Recap: World Stocks Rally on U.S. Government Bailout ... - Economicnews Published on Sat, 20 Sep 2008 00:58:00 GMT The Options Clearing Corporation, however, said the ban on short selling could have "dire" consequences for U.S. equity markets. As written, this order does not allow for an ... Click Here for Other Details

Financial rescue plan has markets breathing sigh of relief - CNEWS Published on Fri, 19 Sep 2008 16:08:00 GMT TORONTO - North American stock markets perked up Friday to cap a week where volatility reigned supreme, with wild swings in share prices and panic buying and selling around the ... Click Here for Other Details

Street skeptical of Morgan Stanley-Wachovia merger - Windsor Star Published on Fri, 19 Sep 2008 14:07:00 GMT NEW YORK -- The logic of a Morgan Stanley merger with Wachovia Corp. was questioned Thursday by investors and analysts, who worried that embattled investment bank Morgan would not ... Click Here for Other Details

Paulson, Bernanke seek crisis plan - Windsor Star Published on Fri, 19 Sep 2008 06:28:00 GMT Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke pledged to work through the weekend on a plan requiring legislation aimed at alleviating the financial ... Click Here for Other Details

BMO's Bill Downe does fire prevention - Globe and Mail Published on Fri, 19 Sep 2008 13:59:00 GMT Bank of Montreal chief executive officer Bill Downe was not caught off guard by BMO's exposure to a number of items that became ticking time bombs for financial institutions when ... Click Here for Other Details

White House hopes for bailout deal by Monday - Globe and Mail Published on Sat, 20 Sep 2008 00:58:00 GMT This is a win/win for Bush. If the economy had become a central issue in the US election, the Republicans would have lost. This unprecedented move allows the American electorate to ... Click Here for Other Details

TheStar.com | Business | U.S. Treasury bill safe haven may not be so ... - Toronto Star Published on Fri, 19 Sep 2008 08:37:00 GMT I t is hard to ignore the huge pop in gold prices on Wednesday in response to the U.S. Fed moving overnight to rescue troubled insurer American International Group Inc. with an $85 ... Click Here for Other Details