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Fed Gives Glimpse Into Stearns Takeover The Federal Reserve was scrambling to prevent a 'contagion' from infecting the nation's financial system when it took unprecedented actions to back a Bear Stearns rescue package and provide emergency loans to big Wall Street firms. CBS NewsU.S. Stocks Wabble After Thursday Plunge As Oil Tops $142 Stocks wabbled in and out of positive territory Friday, unable to bounce back a day after the market plunged on renewed concerns about financials, credit conditions and oil topping bignewsnetwork.comWall Street pessimists cashing in Golf claps for the stock market Scrooges. As a dicey first half comes to an end, the investors who fared the best were the ones who bet on the worst. CNN MoneyWall Street pessimists cash in Golf claps for the stock market Scrooges. As a dicey first half comes to an end, the investors who fared the best were the ones who bet on the worst. CNNAsia markets follow Wall Street plunge Shares in New York tumbled overnight to near two-year lows as investors fretted about the prospects for the US FT.comSupermarkets Go Bananas In Price War A supermarket price war has broken out with high street stores making huge cuts in the cost of groceries. Both Asda and Tesco have taken out a series of adverts in the national press promising lower... The UK NewsStocks dip at the start Stocks inched lower Friday morning, a day after a big plunge, as investors weighed oil prices as high as $142 a barrel with reports showing a rise in personal income and spending. CNN MoneyFed: Wall Street aided to avert ``contagion`` The Federal Reserve was scrambling to prevent a 'contagion' from infecting the nation's financial system when it took unprecedented actions to provide financial backing to a Bear Stearns rescue package and provide emergency loans to big Wall Street firms. The... San Francisco ChronicleAsian stocks sink on fears over oil, US HONG KONG (AP) -- Asian stock markets tumbled Friday amid growing alarm as oil prices spiked above $141 a barrel for the first time and Wall Street plummeted overnight.... The Arizona RepublicFed aided Wall Street to avert ``contagion`` WASHINGTON (AP) -- The Federal Reserve was scrambling to prevent a 'contagion' from infecting the nation's financial system when it took unprecedented actions to back a Bear Stearns rescue package and provide emergency loans to big Wall Street firms.... The Arizona Republic1 2 3 |
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