I'm not versed enough in economics to know if this technically qualifies as the nationalization of a major financial sector, but it sure sounds like it: The U.S. government plans to put troubled mortgage finance companies Fannie Mae and Freddie Mac under…
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Program Aids Veterans Entering Corporate World
NEW YORK -- Ed Pulido joined the Army at 18 and spent 19 years in uniform. He lost his left leg four years after being wounded by a roadside bomb in Baqubah, Iraq. And when he was discharged in 2005, with a Bronze Star and a Purple Heart, he decided to…
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No ChaChing For ChaCha Guides
ChaCha used to be a ridiculous human powered web based search engine thats best use appeared to be for killing time when bored. They raised a boatload of money from Jeff Bezos and others and eventually switched to an all-mobile interface. They also…
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DIY Keychain Money Clip Lightens Your Pockets [DIY]
We've already shown you several ways to streamline your keys with a DIY flair, but reader Oliver writes in with his own inventive method for lightening his pockets by combining his keys with his money clip. I've recently enjoyed having a money clip…
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Tata to Launch Electric Car in Norway Within a Year
According to Tata Motors managing director Ravi Kant, the company plans to launch an electric version of its Indica hatchback in Norway within a year, and will bring it to the local market at a later stage. Right now we want to test it out in Norway…
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Congressman confirms gov't intervention for mortgage firms
SAN FRANCISCO (MarketWatch) Rep. Barney Frank (D., Mass.) confirmed Saturday that Treasury Secretary Henry Paulson is planning government intervention to back troubled mortgage giants Fannie Mae and Freddie Mac. The chairman of the House Financial…
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You can get paid to share your home's future appreciation
Improbable as it sounds at a time when American homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments.…
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Mortgage crisis has Washington putting aside free-market ideology
American politicians often talk of free markets and small government, but Washington has a long history of providing financial help to the private sector when the economic or political risk of a corporate collapse appeared too high.…
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