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Credit is finally available, but no one wants it
Finally, nearly two years after they were bailed out by Congress, big banks are beginning to ease lending standards for individuals and small business...
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Information wants to be free … and expensive
Futurist Stewart Brand was the first to say “Information wants to be free.” He also said it “wants to be expensive.”By Richard SiklosRarely a day goes...
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Is this finally the economic collapse?
The Great Depression. Wall Street in 1987. Japan in 1997. Points of economic collapse are generally crystal clear in the rear-view mirror. Professiona...
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Three reasons Google wants Groupon
Is $5.3 billion an astronomical amount to get the popular deal-a-day web site? Not really. Here's why.If Google's $5.3 billion offer goes through late...
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Google finally opens its eBookstore in the Cloud
Expected since early summer, Google is now in the eBooks business.Google (GOOG) opened its eBook store today. While it isn't called "Editions," as was...
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Treasury finally getting tough on banks
A $340 million warrant repurchase from credit card giant AmEx shows the Treasury, under pressure from Congress, is holding big banks' feet to the fire...
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What Bloomberg brings to the credit ratings game
As the credit crisis blame game continues, most everyone agrees that credit ratings were as essential to the collapse as fraudulent mortgages -- speci...
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Lost resorts: The Credit Suisse loan debacle
Eight luxury resorts backed by the bank are either in foreclosure, bankruptcy or liquidation.By William D. CohanCredit Suisse, the large Swiss financi...
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Bang for the buck. Finally.
By Colin BarrNo matter what dollar doomsayers might say, the greenback's not done yet.The U.S. currency rose last week to its highest level in six mon...
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One more worry for banks: Wal-Mart
America's biggest banks are in retreat, tightening lending, increasing fees, and closing branches. But one company still wants to become your neighbor...
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