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Wow, amazing how everyone loves creeping socialism when it's their own asses on the line. Today's meteoric rise easily eclipsed the dot-com era record of 499.19 for a one day gain.

Concerns linger about the fate of Verizon Wireless' $28.2 billion acquisition of Alltel Corp., a combination that would propel the firm past AT&T Inc. as the largest cell phone service provider in the industry.

For hostile bids, the score Monday is three abandoned, one renewed.Abandoned, as you can see on New York Times Dealbook, are United Technologies Corp. pursuit of Diebold Inc., Vishay Intertechnology Inc.'s bid for International Rectifier Corp. and Waste Management Inc.'s tender for Republic Services Inc.

For hostile bids, the score Monday is three abandoned, one renewed.Abandoned, as you can see on New York Times Dealbook, are United Technologies Corp. pursuit of Diebold Inc., Vishay Intertechnology...

The bad news for brokers at Bank of America Corp. is that they will probably bear the brunt of the layoff burden as BofA combines its wealth management operation with that of Merrill Lynch & Co.,...

Looks like there's more bad news for investment bankers. Only days after winning Wachovia Corp. for $12.2 billion, analysts are predicting that Wells Fargo & Co. is likely to eliminate or downsize the bank's investment banking unit. Bloomberg reports that an Oct.

Looks like there's more bad news for investment bankers. Only days after winning Wachovia Corp. for $12.2 billion, analysts are predicting that Wells Fargo & Co. is likely to eliminate or downsize the bank's investment banking unit....

*** DOW DEATH SPIRAL™ *** Dow Jones Industrial Average(DJI: ^DJI) Index Value: 8,451.19 Trade Time: Oct 10, 2008 Change: 128.00 (1.49%) Prev Close: 8,579.19 Open: 8,568.67 Day’s Range: 7882.51 - 8901.28 52wk Range: 7,773.71 - 14,168.50 DIVE, DIVE, DIVE!

Mumbai, Oct 13 (ANI): Kingfisher Airlines and Jet Airways on Monday broached a possible alliance to overcome their problems, largely generated by mounting fuel bills in wake of the global financial crisis.

Singapore in better shape compared to last financial crisis Channel NewsAsia SINGAPORE: Singapore may have slipped into a technical recession, but Senior Minister of State for Trade and Industry S Iswaran said the country is in a better shape compared to the Asian Financial Crisis in 1997.