Alaska panel finds Palin abused power in firing
Sarah Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper, the chief investigator of an Alaska legislative panel concluded Friday. The politically charged inquiry imperiled her reputation as a…
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Alaska panel finds Palin abused power in firing
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Japanese man held in LA in wife’s 1981 slaying
A Japanese businessman accused of conspiring to have his wife killed 27 years ago was returned to Southern California on Friday to face trial. Kazuyoshi Miura, 61, arrived at Los Angeles International Airport shortly before 5 a.m. on a flight from Saipan that…
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Japanese man held in LA in wife’s 1981 slaying
A Japanese businessman accused of conspiring to have his wife killed 27 years ago was returned to Southern California on Friday to face trial. Kazuyoshi Miura, 61, arrived at Los Angeles International Airport shortly before 5 a.m. on a flight from Saipan that…
Read the original: Japanese man held in LA in wife’s […]
US to buy stake in banks, first since Depression
The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the…
Continued here: US to buy stake in banks, first since Depression
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Concerns over California’s ability to borrow $4B
A credit rating agency is expressing concern about California’s ability to borrow $4 billion just days before the state heads out to market. Standard & Poor’s Ratings Services on Friday placed California’s bond rating on negative credit watch, citing concerns…
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US to take stake in banks, first since Depression
The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the…
Read the original: US to take stake in banks, first since Depression
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Gold, silver prices plummet as fear grip markets
Gold and silver plummeted Friday after Wall Street posted another big loss and forced investors to dump holdings in precious metals to raise badly needed cash. Gold for December delivery fell $27.50, or 3.1 percent, to settle at $859 a barrel on the New York…
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G7 pledges endorses plan to battle crisis
Finance officials from the world’s top economic powers endorsed a sweeping plan Friday to stem the worst financial crisis in more than a half-century. The officials from the Group of Seven countries issued a five-point plan aimed at reversing a credit crisis…
G7 pledges endorses plan to battle crisis
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Paulson endorses bank stock purchase plan
Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions. Paulson said the program to purchase stock in financial institutions will be open to a broad array of institutions….
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Developing nations worried about financial crisis
Developing countries warned on Friday that the global financial crisis could dampen their growth prospects and recommended an international response to prevent “the most difficult situation in years” from worsening. The Group of 24 poorer countries noted that…
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Banking basics pay off for Wells Fargo amid chaos
With its iconic stagecoach, Wells Fargo & Co. has evoked images of the wild West throughout its 156-year history. Now it’s finally expanding east of the Mississippi with a $12.2 billion acquisition of Wachovia Corp., a golden opportunity that the San…
See more here: Banking basics pay off for Wells Fargo amid chaos
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Brazil wants its say in new financial order
Brazil’s president said Friday that emerging market nations like Brazil must have a strong say in developing strict international rules for financial institutions. Brazil and other developing countries “need to learn from this crisis to construct a new world…
Excerpt from:Brazil wants its say in new financial order
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Stocks got slammed, but was it a `crash’?
Did stocks “crash”? Some news organizations and investors are hesitating to use the word to describe Wall Street’s terrifying sell-off. A crash is commonly defined as a 20 percent decline in a single day or several days. The drop over the seven days ending…
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Oil, soy, copper all go bust in Latin America
The booming prices for Venezuelan oil, Brazilian soy beans and Chilean copper that brought prosperity to Latin America are heading for a bust that threatens to erode the hard-won gains of its poor and newly emerging middle class. The global financial meltdown…
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Tucson-area fire chief decides against Calif. job
The chief of the Tucson’s Northwest Fire/Rescue District has changed his mind about taking a job with a fire department in California. Jeff Piechura had been set to become Chula Vista’s new fire chief early next month. But a statement from the fire district…
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