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The sub-prime loss is all set to plunge the US economy to its worst ever crisis. In a latest review conducted by the ratings agency, Moody, the Wall Street banks have suffered a combined loss of about $110 billion on bonds backed by high-risk...
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AP, Bethlehem
A Pennsylvania man has been accused of burglarizing at least three apartments and vandalizing them with spray paint and chocolate pudding _ after police say he was...
made popular May 5 2009
AP, Philadelphia
The head of a Philadelphia museum says its sample of Abraham Lincoln’s blood may get DNA testing, but some questions must be answered first.
made popular May 5 2009
AP, New York
Rihanna is back _ on the red carpet, at least.
made popular May 5 2009
AP, Washington
Federal Reserve Chairman Ben Bernanke will provide Congress with a fresh assessment of the country’s fragile economic health that probably will note some recent...
made popular May 5 2009
AP, New York
Online retailers are shifting their marketing from traditional advertising to less expensive tools like Facebook.com and Twitter and e-mail as they seek market share or...
made popular May 5 2009
AP, New York
One of the nation’s largest July Fourth fireworks shows will be held on the Hudson River this year to celebrate the 400th anniversary of English explorer Henry...
made popular May 5 2009
AP, Revere
City councilors just outside Boston say police should be better prepared for large crowds descending on a local beach after thousands of students skipped school and...
made popular May 5 2009
AP, San Diego
A deputy assistant secretary of the Navy under President Bill Clinton has been sentenced in San Diego to more than three years in federal prison for possessing child...
made popular May 5 2009
AP, Missoula
The owner of the ultra-exclusive Yellowstone Club says she opposed a $375 million loan blamed for the resort’s financial collapse, but never tried to stop the...
made popular May 5 2009
AP, New York
Dan Barber, a pioneer of the so-called farm-to-table restaurant movement, was named the nation’s top chef Monday by the James Beard Foundation.
made popular May 5 2009
AP, Los Angeles
A woman is under house arrest for falsely reporting that a man she was stalking was going to hijack a plane in Los Angeles _ a lie authorities say nearly prevented him...
made popular May 5 2009
AP, Pittsburgh
The first U.S. double hand transplant is taking place at a Pittsburgh hospital.
made popular May 5 2009
AP, Washington
Israel’s prime minister on Monday outlined a “triple track” approach to peace with the Palestinians, a strategy that emphasizes political, economic...
made popular May 5 2009
AP, Chicago
In a tearful interview with Oprah Winfrey that aired Monday, the parents of a British girl who disappeared two years ago from a Portuguese resort asked their...
made popular May 5 2009
AP, Pomona
Two teenagers have denied in court they planned to bring guns to their California high school and randomly shoot fellow students.
made popular May 5 2009
AP, Chicago
Federal officials say a civilian project engineer has been charged with squeezing an Army Corps of Engineers contractor for a bribe in connection with a $2.5 million...
made popular May 5 2009
AP, Detroit
Voters head to the polls Tuesday to select their mayor for the next 7 1/2 months in a runoff election seen as key to restoring stability to Detroit amid a bleak fiscal...
made popular May 5 2009
AP, Washington
The Supreme Court says Shell Oil Co. cannot be held responsible for cleanup of a contaminated Superfund site owned by a defunct company simply because it delivered...
made popular May 5 2009
AP, New York
Union workers at The New York Times will accept a 5 percent pay cut through the end of the year to help the newspaper avert more layoffs.
made popular May 5 2009
AP, Washington
A massive contract to support U.S. troops in Iraq and Afghanistan received a withering review Monday, as a special panel investigating waste and fraud in wartime...
made popular May 5 2009
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AP, New York
Bond insurer Ambac Financial Group says it lost $1.66 billion, as it took steep charges related to bonds backed by mortgages and stopped underwriting insurance on some...
made popular Apr 23 2008
AP, Albany
New York insurance regulators say Ambac Financial Group Inc.’s plan to raise $1.5 billion in capital enables the company to stay in one piece. Ambac had...
made popular Mar 5 2008
AP, Albany
A bailout of bond insurer Ambac Financial Group Inc. is scheduled to be announced as early as Wednesday afternoon, according to a person close to the talks who spoke on...
made popular Mar 5 2008
AP, New York
A plan to bail out the struggling bond insurer Ambac Financial Group Inc. could be announced Monday or Tuesday, CNBC reported Friday, citing bankers working on the...
made popular Feb 22 2008
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Albany Ambac Financial Group Bailout Bond Business Chris Whalen earns Europe home-loan Institutional Risk Analytics MBIA Moody mortgage bond New York North America Sub-prime crisis United Kingdom United States Wall Street banks york
