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In the news
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Investment firms tap Fed for billions
(AP)
AP - Big Wall Street investment companies are stepping up their borrowing a bit from the Federal Reserve's unprecedented emergency lending program.
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Jobless claims highest since Sept. 2005
(AP)
AP - The number of new people signing up for unemployment benefits last week shot up to the highest level in more than two years, fresh evidence of the damage to a national economy clobbered by housing, credit and financial crises.
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Jobless claims highest since Sept. 2005
(AP)
AP - The number of new people signing up for unemployment benefits last week shot up to the highest level in more than two years, fresh evidence of the damage to a national economy clobbered by housing, credit and financial crises.
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Bear Stearns rescue backed amid concerns
(AP)
AP - Federal Reserve Chairman Ben Bernanke and the Bush administration on Thursday defended the decision to rescue Bear Stearns amid questions by lawmakers about why the government was helping Wall Street investment houses but not people on Main Street.
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Stocks higher after Bernanke testimony
(AP)
AP - Stocks managed to notch a modest gain Thursday, with Wall Street cautious ahead of Friday's jobs report but hopeful that the global financial system is on the mend.
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Americas Watchdog Demands That Wall Street Explain The Option Rate Preferred Shares Fruad To Thousands Of US Investors.
Americas Watchdog is calling on Wall Street to explain the "option rate preferred shares" (ARMS) disaster to the investors who were suckered into these less than stable financial investments. The typically small investors were told by a bank or a stock broker, "these investments are just like cash, you can get your money out in 7 days, there is no risk". According to Americas Watchdog, "it was all a big lie & now investors are being told they can not get their money out of a "auction rate preferred share (ARPS)". Americas Watchdog now wants to hear from every single person in the US who has an auction rate preferred share in order to try to help them. (PRWeb Apr 3, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/04/prweb823724.htm
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AdMedia Partners Advises Interactive Marketing Agency Spunlogic in Acquisition by Engauge Marketing
Engauge Marketing, LLC, a marketing solutions agency owned by Halyard Capital and focused on brand and customer engagement, has acquired interactive marketing agency Spunlogic. AdMedia Partners (http://www.admediapartners.com), a New York financial advisory firm specializing in mergers and acquisitions for digital and traditional media, marketing and information businesses, represented Spunlogic in the acquisition. (PRWeb Apr 3, 2008)
Read the full story at http://ww1.prweb.com/releases/marketing/engauge/prweb829094.htm
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BreakthroughAssess Now Offers Consultants More Power and More Flexibility
Breakthrough Business Performance, LLC (BBP), a leading developer of innovative web-based assessment development solutions for business consultants and coaches, today announced key product enhancements to BreakthroughAssess. These enhancements provide valuable features for consultants and coaches giving them greater capabilities to leverage their assessments to grow their business and to uncover and address client challenges. (PRWeb Apr 3, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/04/prweb823334.htm
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International Real Estate Analyst, Charles Byron Andrews, Warns of Global Credit Crisis - Pinpoints Exact Steps Necessary for England to Avoid Financial Crash
International Real Estate Analyst and Best-Selling Author, Charles Byron Andrews, warns of a ensuing English credit crunch and urges lenders to ease off immediately. The Global Credit Crisis, as explained by Andrews, "is much worse than people really understand, yet we are still doing all of the things that will lead to devastation if we do not take immediate, corrective action." (PRWeb Apr 3, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/04/prweb822354.htm
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InformedTrades Creates Video Learning Center to Empower Traders and Internet Publishers With Free Content
InformedTrades.com has just announced two key initiatives in its mission to help traders learn: (1) InformedTrades Trading Widgets, a collection of widgets enabling Internet publishers to put InformedTrades learning tools on their site; and (2) open content licensing, so that publishers can freely republish and remix the lessons created by the InformedTrades community. (PRWeb Apr 3, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/04/prweb827044.htm
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