Breaking News: Fed Takes Over AIG

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Breaking News: Fed Takes Over AIG

So long, dollar! From CNNMoney.com: In a stunning turn, the Federal Reserve Board is lending as much as $85 billion to rescue crumbling insurer American International Group, officials announced Tuesday evening.

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Andy Kessler: Lehman = Pan Am

If you’re looking for a sound perspective on the latest Wall St firm meltdown, take a look at Andy Kessler’s latest article for Forbes.com, where he compares the shut down of Lehman to the shut down of the old Pan Am Airlines – as in, nobody is going to miss them. Andy is about as […]

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Not to worry – just a little correction

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JP Morgan exec: No near end to financial crisis

This beauty sure slipped under the radar. Maybe all is not right with the world again, just yet?

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