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$700 Billion BailoutThe United States House Committee on Financial Services (or House Banking Committee) oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The House Financial Services Committee also oversees the work of the Federal Reserve, the United States Department of the Treasury, the U.S. Securities and Exchange Commission, and other financial services regulators. It is chaired by Barney Frank (D-MA) and the ranking Republican is Spencer Bachus (R-AL). Source: Wikipedia
More About the US Bailout  FT.com - Companies US & Canada
FT.com - Companies US & CanadaDiscounts drive 15% sales jump on 'Cyber Monday' 3 Dec 2008 at 1:17pm US online retailers saw an annualised 15 per cent jump in sales on the Monday following the Thanksgiving weekend, according to early estimates, as aggressive bargains boosted traffic on the day the industry has dubbed "Cyber Monday" EDF tries to scupper Buffett's energy bid 3 Dec 2008 at 11:03am The French state-controlled utility launched a direct challenge to billionaire Warren Buffett with a $4.5bn bid for 50 per cent of the nuclear fleet owned by its US partner Constellation Energy US carmakers ask for $34bn 2 Dec 2008 at 7:01pm Detroit's beleaguered carmakers sought to present themselves as lean, innovative and environmentally aware companies as they appealed to Congress for up to $34bn of emergency loans Newsfeed display by CaRP |
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