washingtonpost.com - Business - strana 11

Wachovia, Suitors Agree to Truce

Wachovia, Wells Fargo and Citigroup have suspended their courtroom squabbles until noon tomorrow to try to negotiate a settlement of Wachovia's future.

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07.10.2008 06:00:00 - washingtonpost.com - Business

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U.S. Shares Sink Despite Late Rally

NEW YORK, Oct. 6 -- The Dow Jones industrial average tumbled along with stock markets around the world Monday, raising fears of a cascading market meltdown as oil prices sank and investors rushed for the safety of government bonds and gold.

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07.10.2008 06:00:00 - washingtonpost.com - Business

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A Nightmare for Sales of Dream Cars

Robert Bassam, used-car magnate, isn't driving his $415,000 Lamborghini these days, or his Porsche, and he has even warehoused his usual get-around-town car, a BMW 750. Instead, he's puttering along in a four-cylinder Hyundai Accent hatchback. It's more politically correct, he says. And economically...

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07.10.2008 06:00:00 - washingtonpost.com - Business

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World's Stock Markets Plunge

LONDON, Oct. 6 -- World stock markets suffered one of their worst days ever Monday amid fears that government responses to the global financial crisis, including the U.S. bailout and inconsistent moves by European leaders, would not be sufficient to prevent a worldwide recession.

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07.10.2008 06:00:00 - washingtonpost.com - Business

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Suit on Tobacco Ads Sparks Feisty Debate

The Supreme Court waded yesterday into a complicated legal debate over whether tobacco companies can be sued in state courts for deceptive advertising of "light" cigarettes, a dispute that has divided government regulators and the business community.

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07.10.2008 06:00:00 - washingtonpost.com - Business

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Bank of America To Modify Mortgages From Countrywide

Bank of America has agreed to rework the terms of up to 400,000 distressed mortgages nationwide starting Dec. 1 to settle lawsuits and investigations pending against one of its subsidiaries.

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07.10.2008 06:00:00 - washingtonpost.com - Business

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Germany Drafts Plan to Shield Banking Sector

BERLIN, Oct. 6 -- German lawmakers said Monday that they were drawing up a massive intervention plan to protect the country's financial system as Europe's biggest economy braced for the possibility of more bank failures.

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07.10.2008 06:00:00 - washingtonpost.com - Business

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Global Stocks Sink as Crisis Spirals; Fed Moves to Thaw Credit Markets

With financial markets in near-meltdown, governments around the world scrambled to find new ways to infuse vast amounts of cash into banks and even directly to companies to help resuscitate the global financial system.

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07.10.2008 06:00:00 - washingtonpost.com - Business

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Unfolding Worldwide Turmoil Could Reverse Years of Prosperity

What went wrong? Last week, the nation's political leaders said the financial system would collapse unless they passed a $700 billion rescue package for Wall Street. On Monday, the first day of trading after the plan passed, the financial system continued to melt down anyway.

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07.10.2008 06:00:00 - washingtonpost.com - Business

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Some GS-15 Workers Feel Pinch of Pay Cap

In these crazy financial times -- with the stock market diving and retirement savings eroding -- the last thing you want is stagnant wages when almost everyone around you is getting raises.

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07.10.2008 06:00:00 - washingtonpost.com - Business

washingtonpost.com - Business

Wachovia, Suitors Agree to Truce

U.S. Shares Sink Despite Late Rally

A Nightmare for Sales of Dream Cars

World's Stock Markets Plunge

Suit on Tobacco Ads Sparks Feisty Debate

Bank of America To Modify Mortgages From Countrywide

Germany Drafts Plan to Shield Banking Sector

Global Stocks Sink as Crisis Spirals; Fed Moves to Thaw Credit Markets

Unfolding Worldwide Turmoil Could Reverse Years of Prosperity

Some GS-15 Workers Feel Pinch of Pay Cap

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