As home prices continue to decline and loan defaults mount, federal regulators are bracing for dozens of American banks to fail over the next year.
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Someone feeling grumpy. It’s sucks not being the big boy on the block anymore…..
for this guy.
Sphere: Related ContentFormer Attorney General John Ashcroft will appear at a federal hearing looking into no-bid contracts he and others received to monitor out-of-court corporate settlements, including a New Jersey deal in which Ashcroft stood to make millions of dollars
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snbc.com is diving into citizen journalism and social media by acquiring Newsvine.com, a small but innovative player in what is known as “participatory journalism.”
It is msnbc.com’s first acquisition in its 11-year history.
Sphere: Related ContentThe $100-a-barrel oil that Goldman Sachs Group said would prevail by 2009 may be only a few months away.
“The Carlyle Group is in discussions with Virgin Media, the British cable company whose largest investor is Richard Branson, over a potential bid worth around $20 billion, a person familiar with the negotiations said today,” write Michael J. de la Merced and Julia Werdigier of The New York Times.
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