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AIG may actually be able to repay the government afterall?

AIG may actually be able to repay the government afterall?

According to Moody’s Investors Service, AIG may actually be able to pay back its loans from the government. The company posted its second straight quarterly profit last week thanks to a recovery in the value of investments.
Moody’s said that as long as the operations of …

Unemployment rate increases to 10.2%

Unemployment rate increases to 10.2%

Last month, the United States’ unemployment rate was 9.8%, the newest figures show that the unemployment rate has increased to 10.2% and it is the highest it has been since April of 1983. Official figures show that the country lost 190,000 jobs with the majority …

I don’t think I’ll ever fully understand the opposition to government health care

I don’t think I’ll ever fully understand the opposition to government health care

Alright, I am a supporter of a public option for government sponsored health insurance. This may make me a “bad guy” to the conservatives of the country but I truly don’t understand what is wrong with wanting an option to have government sponsored health insurance …

The U.S. saw another 284,000 jobs lost in October

The U.S. saw another 284,000 jobs lost in October

According to Trim Tabs Investment Research firm, the United States shed another 284,000 jobs for the month of October.
The results came out today from the research firm. While it is less than the 358,000 jobs that were lost in September, it still makes the total …

The number of people who are filing for some kind of debt protection is increasing in the UK

The number of people who are filing for some kind of debt protection is increasing in the UK

In Great Britain, PriceWaterhouseCoopers has said that more and more people are declaring bankruptcy at an increasing rate, however the number of people who are declaring bankruptcy isn’t increasing at the rate that was expected.
In February 2009, 67,428 people declared bankruptcy and another almost 40,000 …