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U.S. government mulls state-run `bad bank,` WSJ reports
SAN FRANCISCO (MarketWatch) -- The U.S. government is considering new ways to steady the financial system, including the possible creation of a state-run 'bad bank' that would buy troubled assets from struggling lenders, the Wall Street Journal reported late Friday. Officials at the Treasury, Federal Reserve and Federal Deposit Insurance Corp., in consultation with the incoming Obama administration, are discussing a range of options because they realize the banking crisis is larger than originally thought, the newspaper explained. Another possible solution would standardize efforts to have the government guarantee banks' assets against further losses, the Journal added.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com

Visitors to U.S. without visas now need prior approval
Many visitors to the united states, for a number of years, have been able to travel without a visa due to a visa-waiver program.
Big News Network

Universal Insurance Holdings, Inc.: Universal Insurance Holdings, Inc. Declares Ten Cent Cash Dividend
FORT LAUDERDALE, FL (MARKET WIRE) Universal Insurance Holdings, Inc. ('Company') (NYSE Alternext US: UVE) (AMEX: UVE), a vertically integrated insurance holding company, announced today that its board of directors declared a dividend of $0.10 per share on its common stock. The dividend is payable on March 4, 2009 to shareholders of record as of February 12, 2009.
Marketwire.com

Hertz says over 4,000 jobs to go
Car rental firm Hertz cuts more than 4,000 jobs amid slowing demand as businesses and consumers cut back on travel.
BBC

The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich (Hardcover) newly tagged ``corporate``
The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich (Hardcover)By Timothy Ferriss Buy new: $19.95$13.5788 used and new from $10.00 Customer Rating: First tagged 'corporate' by djveed Customer tags: 4 hour work week(267), tim ferriss(206), entrepreneurship(165), success(161), lifestyle(143), work(98), career(89), travel(54), business(50), productivity(27), new rich(17), time management(12)
Amazon

FDIC announces 1st bank failure of the year
The National Bank of Commerce in Berkeley, Ill. was shuttered Friday by federal regulators according Federal Deposit Insurance Corporation.
CNN

Deal of the Week Thomas Cook credit card
A credit card combining travel rewards with no foreign exchange costs on overseas spending
FT.com

Survey Shows Health Insurance Struggles
Each January, HR Hero conducts an online survey about health insurance and retirement benefits. Most survey questions are similar each year, and the answers provide good comparisons from one year to the next. There’s always an essay question, and this year, those responding had a lot to say.For an informative summary of the results of this [...]
Employment Law Post

Congress, Obama Weighs Shift in Federal Government`s Approach to Health Insurance
Congress and the incoming Obama administration are contemplating profound shifts in the government's role in health insurance to try to alleviate a significant ripple effect of the damaged economy: Americans losing health coverage as they lose jobs.
washingtonpost.com

The return of pay as you drive car insurance
This week has seen the resurrection of pay as you drive motor insurance to UK motorists by new company Coverbox, following Norwich Union?s withdrawal from the scheme last year due to low take up of the policy and high running costs. The only other offering in this arena is through More Than with their Drivetime product which has a strict acceptance criteria limiting the number motorists who will be eligible.
moneyextra.com

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