Network Marketing, Investments and Financial Ramblings
The $700 billion bailout plan, also known as the Troubled Asset Relief Program (TARP), is one of the main tools to address the financial crisis.
The Treasury Department had set aside $250 billion of the program to buy senior preferred shares and warrants in banks, thrifts and other financial institutions.
American International Group’s $40 billion bailout was [...]
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Barack Obama defeat John McCain was elected the 44th president of the United States, becoming the country’s first African-American president. The Illinois senator capped his 21-month quest with a sweeping electoral victory that marked the end of an era of Republican dominance in Washington.
Obama crossed the requisite threshold of 270 electoral votes to defeat Republican [...]
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The United States is moving towards an inevitable economic recession and possibly worse than the previous, two common questions will pop up. What are causes of economic recession? How long will it last?
The definition of a recession is a decline in a country’s gross domestic product (GDP), or negative real economic growth, for two or [...]
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©2007-2008 Ronald Lee
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