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Most of Asians are fooled into the American dream
which is actually American nightmare for many.
- Just Seven Out of 91 European Banks Fail Stress Tests
- Markets Worry Stress Tests Too Easy On Sovereign Debt
- EU Banks Seek Funds Ahead of Stress Tests
- Big Questions Need Answering After Stress Tests
- GE Boosts Dividend 20%, Extends Buyback Plan
- Obama Says Bank Bonuses Prove Need for Finance Law
- Federal Report Faults Banks on Huge Bonuses
- Oil Spill Work Stalls as Bonnie Races Toward Gulf
- Ford Handily Tops Profit and Sales Expectations
- Treasury Department To Sell 1.5 Billion Citigroup Stock
The World's Biggest Debtor Nations - Verizon Tops Analysts' Estimates; Shares Rise
- China's Banks Said to See Risks in Loans
Chinese banks may struggle to recoup about 23 percent of the 7.7 trillion yuan ($1.1 trillion) they’ve lent to finance local government infrastructure projects, according to a person with knowledge of data collected by the nation’s regulator.
- Feinberg Says Companies Should Adjust Pay Policies for `Crisis'
Kenneth Feinberg , the Obama administration’s special master on executive compensation, called on 17 bailed-out financial firms including Goldman Sachs Group Inc. and Citigroup Inc. to adopt compensation policies that allow directors to lower top executives’ pay when a firm’s survival is under threat.
- Goldman Sachs Said to Give AIG-Hedging List to Investigators
Goldman Sachs Group Inc. told U.S. investigators which counterparties it used to hedge the risk that American International Group Inc. would fail, according to three people with knowledge of the matter.
- Ford Posts $2.6 Billion Second-Quarter Profit on Pricier Cars
Ford Motor Co. reported second- quarter net income of $2.6 billion, completing its most profitable first half in more than a decade, as car buyers pay more for its new models.
- Just Seven Out of 91 European Banks Fail Stress Tests
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