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San Francisco Chronicle, 01.12.08 19:34 UTC

AP IMPACT: Under pressure, US eased lending rules

(12-01) 08:52 PST WASHINGTON (AP) -- The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from ...
Washington  Associated Press  Countrywide Financial Corp.  Lehman Brothers  IndyMac Bank  Paris Welch  +18 more

Chigago Tribune, 01.12.08 19:33 UTC

Barack Obama's picks: Team of rivals -- or flock of hawks?

President-elect Obama's new national security team has some impressive names. But it's a curious collection of advisers for someone who owes his nomination and election largely to his early ...
Washington  Iraq  Barack Obama 

Times Online Business, 01.12.08 19:31 UTC

Ford suggests Volvo sale as it bids for US bailout

Ford is prepared to sell one of its most famous car marques, Volvo, in the most distressed market for decades in order to convince Washington that it deserves to be bailed out with a $25 billion ...
Washington  Lincoln  Ford  General Motors  Mazda  Volvo  +15 more

NPR, 01.12.08 19:06 UTC

How Big Three Could Win Over Washington

Day to Day, December 1, 2008 · The Big Three automaker executives head back to Washington this week seeking billions of dollars in government aid. They say the money is needed to keep daily ...
Washington  Detroit Free Press  Day to Day  Detroit Free Press  Justin Hyde  Congress 

BusinessWeek, 01.12.08 19:04 UTC

A Dangerous Time for OPEC, Good for Consumers

Posted by: Stanley Reed on December 01 OPEC’s ad hoc meeting over the weekend in Cairo broke up without agreement on production cuts, sending crude prices down sharply on Dec. 1. The Saudis ...
Washington  CAIRO  Islamic Republic of Iran  Venezuela  Saudi Arabia  Abdullah al Badri  +5 more

Chigago Tribune, 01.12.08 19:01 UTC

Barack Obama's picks: Team of rivals -- or flock of hawks?

President-elect Obama's new national security team has some impressive names. But it's a curious collection of advisers for someone who owes his nomination and election largely to his early ...
Washington  Iraq  Barack Obama 

Seattle Times, 01.12.08 19:00 UTC

Meteorologist Cliff Mass examines Pacific Northwest weather in his new book

No, Seattle isn't the rainiest city. But the Pacific Northwest can lay claim to many other meteorological milestones: • Mount Baker ski area shattered the world snowfall record with 1,140 ...
Seattle  Washington  Olympic  Columbus Day  Massachusetts  Long Island  +8 more

USA Today, 01.12.08 18:42 UTC

Bush to country: 'I'm sorry' about the economic crisis

WASHINGTON (AP) — President Bush expressed regret Monday that the global financial crisis has cost jobs and shrinking retirement accounts and said he will support more government intervention if needed to ease the recession.
Washington  ABC  United States  Bush  National Bureau of Economic Research  Wall Street 

Telegraph, 01.12.08 18:38 UTC

Mumbai attacks: Rift between Pakistan army and government

A rift has opened up between the Pakistani government and army in the wake of the Mumbai attacks.
Washington  Mumbai  Dawn  Pakistan  India  Ashfaq Parvez Kayani  +3 more

New York Daily News, 01.12.08 18:02 UTC

President Bush's 'biggest regret': I was unprepared for war

WASHINGTON - In a candid admission of failures on his watch, President Bush has owned up to being "unprepared" for war upon taking office and regretted believing bogus intelligence on weapons of mass ...
Washington  World News With Charles Gibson  ABC  Iraq  Bush  Charles Gibson 
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