Michael W. noticed some great advice on assembling “Grab-‘n -Go” kits, by Kim du Toit [1].
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Seven readers sent us this: Fed Defies Transparency Aim in Refusal to Identify Bank Loans [2]. ($2 Trillion dollars in taxpayer funds, and no need to reveal the recipients?) Reader Dave S. made this comment: “I’m a little steamed. These guys are sinking the country and hiding it from the owners of this great land. They should be tarred & feathered.”
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The latest economic news and commentary from Cheryl: Circuit City Files For Bankruptcy Protection [3] — GM Shares Plunge After Analyst Predicts They Will Hit Zero [4] — Wall Street Falls, Unable to Shake Economic Woes [5] — Expect Recession to Increase in Severity [6] — Bloomberg Picks Fight with Federal Reserve [7] — Fannie Mae Record $29 Billion Loss in 3rd Quarter [8] — 70,000 More Banking Jobs to Go [9] — Global Capital Stampede to Japanese Yen [10] — Stunned Iceland Tries To Recover [11] — Crisis Sweeps Nordic Region [12] — AIG Gets Second US Bailout on $24.5 Billion Loss (for $40 Billion) [13] — Three Trends Driving US to Economic, Dollar Collapse [14] — Jobless Ranks Hit 10 Million, Highest in 25 Years [15] — Economy’s Illness Keeps Spreading [16]