Warming up to LD’s “Central Station”
By SusanUnPC on January 24, 2009 at 5:35 AM in American Consumers, Bank Nationalization, Credit Card Companies, Economy
LD’s “Grand Central” Q&A is coming up at 9:00 a.m. ET. In LD’s thread, you can ask him a wide range of questions about the economy and your personal finances. He’ll be available from 9:00 to noon ET today.
So, here’s a warm-up of possible topics from a range of news services:
From CBS News:
GOOD NEWS on credit cards: “Randall Pinkston reports that bank regulators have established new rules for credit card companies who wish to raise interest rates for card users.”
BELOW, a Wall Street market strategist at Bear Stearns turns to a new job teaching children how to cook (!) — a Palestinian “tunnel owner” is redigging the tunnel into Egypt for necessities of life, he claims — the British are experiencing the global recession —
Three months ago, Jessi Walter lost her job as a trader on Wall Street. As Anthony Mason reports, Jessi is going into the baking business.
Via Al Jazeera English:
Hundreds of thousands of Chinese have begun their journey home for the Chinese New Year festivities, but for many, the global economic downturn has left very little to celebrate.
Here, via Al Jazeera English, is an unusual business to own (!) — yes, there are OWNERS of the TUNNELS:
Tunnels between Egypt and Gaza, which Israel say are used for weapons smuggling, was one of the main targets for Israel’s air strikes.
Al Jazeera’s Todd Baer reports from Rafah in Egypt, where many of the destroyed tunnels are now being rebuilt.
The Palestinians say the underground trading network is a necessary lifeline to get food, gas and medicine into the Strip since the border crossings remain closed.
From PBS’s WorldFocus, January 23, 2009, news on the recession in the UK and world markets:



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