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Central banks ante up

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The floundering financial industry gets lifeline from central banks in North America, Asia and Europe.
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AIG qualifies for bailout

AIG will be backed up with $85 billion in taxpayer money -- unprecedented government intervention to ease the private financial crisis....
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AIG and global jitters

An AIG bankruptcy could hit the world economy harder than any other -- why the insurance giant's failure could have global consequences....
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Financial crisis on a global level

The American financial system has been shaken to its core, and the troubles on Wall Street reverberate around the globe....
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Fannie Mae and Freddie Mac bailout

The Bush Administration has taken control of Fannie Mae and Freddie Mac in an effort to stabilize the housing market and U.S. economy....
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The mortgage crisis and the world economy

The world economy is threatened by what some believe is most dangerous crisis since the depression of the 1930s: the mortgage crisis in the U.S....
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U.S. Real Estate a Bargain for Foreigners

Foreigners are snapping up properties from coast-to-coast, attracted by the weak dollar that makes American housing a bargain....
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Economic decline in a culture of credit

Americans are carrying $2.5 trillion in consumer debt -- the next bubble to burst may be in the credit card market. ...
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Shifts in the global economy

The dynamics of the old world and the new world are changing -- a fundamental shift in global economic influence is under way....
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Fannie Mae and Freddie Mac floundering

Stock value plunges for Fannie Mae and Freddie Mac -- the largest issuers of mortgage loans to most middle-class Americans....
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