Read more financial meltdown stories on Newserhttp://www.newser.com/taggrid/34969/financial-meltdown.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 18:36:18 CSThttp://www.newser.com/story/61907/michael-moore-wants-to-save-our-ceos.html?utm_source=syn&utm_medium=rss&utm_campaign=tagLet the viral marketing begin. Michael Moore pulled a fast one on New York moviegoers Friday night when, instead of a conventional trailer for his new film, he appeared onscreen Will Rogers-style asking for donations to “save our CEOs,” the New York Daily News reports. Audience reactions were filmed as...http://www.newser.com/story/61907/michael-moore-wants-to-save-our-ceos.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 15 Jun 2009 8:24:54 CDThttp://www.newser.com/story/54107/krugman-in-despair-over-toxic-asset-plan.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPaul Krugman has been downbeat for weeks on the Obama efforts to rescue the economy, but today he hits a new low. “This is more than disappointing. In fact, it fills me with a sense of despair,” writes Krugman in the New York Times of the White House public-private plan...http://www.newser.com/story/54107/krugman-in-despair-over-toxic-asset-plan.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 23 Mar 2009 8:57:30 CDThttp://www.newser.com/story/53931/frank-targets-fannie-freddie-execs-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagExecutives at government-owned mortgage giants Fannie Mae and Freddie Mac are scheduled to receive six-figure retention bonuses, but Barney Frank wants the payments canceled, MarketWatch reports. “In this troubled economy, and in this job market, it is difficult to imagine that the companies would not be able to find competent...http://www.newser.com/story/53931/frank-targets-fannie-freddie-execs-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Mar 2009 14:27:18 CDThttp://www.newser.com/story/52368/viking-bankers-pillaged-iceland.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe bankers who ruined Iceland’s economy possessed the mentality of its fishermen—daring, aggressive, and devoted to the “lucky catch," Michael Lewis writes in Vanity Fair. It's no surprise—after all, they were the sons of fishermen whose massive profits helped modernize Iceland in the 1970s. But speculating on foreign...http://www.newser.com/story/52368/viking-bankers-pillaged-iceland.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 05 Mar 2009 2:48:25 CSThttp://www.newser.com/story/48667/bjork-banks-on-girl-power-to-save-iceland.html?utm_source=syn&utm_medium=rss&utm_campaign=tagQuirky Icelandic singer Bjork is promoting a venture-capital fund run by women that will invest in socially and environmentally sustainable companies and, she hopes, help rebuild her economically stricken country. "Instead of talking about the problems we have, she is on a mission to build a sustainable Iceland that's not...http://www.newser.com/story/48667/bjork-banks-on-girl-power-to-save-iceland.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 22 Jan 2009 13:45:02 CSThttp://www.newser.com/story/48120/2008-inflation-slowest-in-50-years-on-oil-prices-economy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIn 2008, consumer prices crept up at the slowest rate since 1954, climbing just 0.1% for the year and missing the Fed’s preference of 1.5% to 2% by a wide margin, the Wall Street Journal reports. Just months after inflation hit 17-year highs, a 75% drop in oil...http://www.newser.com/story/48120/2008-inflation-slowest-in-50-years-on-oil-prices-economy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 16 Jan 2009 8:43:58 CSThttp://www.newser.com/story/46851/vindicated-in-2008-some-experts-foresee-gloomy-09.html?utm_source=syn&utm_medium=rss&utm_campaign=tagLabeled overly pessimistic for years, a few Wall Street prognosticators became the oracles of 2008 by correctly predicting the unwinding of the global economy, the Wall Street Journal reports. The doomsayers correctly anticipated bank failures, stock market declines, and the housing market collapse of the second half of 2008. As...http://www.newser.com/story/46851/vindicated-in-2008-some-experts-foresee-gloomy-09.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 02 Jan 2009 10:52:46 CSThttp://www.newser.com/story/46555/recession-shutters-famed-yale-club.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMory's, a legendary Yale University eating and drinking club that traces its roots to the Civil War—and whose membership includes two presidents named Bush—is the latest victim of the recession. A list of patrons that has included the likes of Al Pacino, Tom Hanks, and Jodie Foster hasn't...http://www.newser.com/story/46555/recession-shutters-famed-yale-club.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 29 Dec 2008 16:59:01 CSThttp://www.newser.com/story/46405/how-iceland-went-from-codfish-to-meltdown.html?utm_source=syn&utm_medium=rss&utm_campaign=tagHow did a chilly nation of cod fishermen play a key role in the world's crumbling financial markets? Seeking to avoid the boom-and-bust of fish catch, Iceland started by privatizing banks in the mid-1990s. It built a colossal banking system on a puny currency and attracted international deposits with high...http://www.newser.com/story/46405/how-iceland-went-from-codfish-to-meltdown.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 27 Dec 2008 11:18:03 CST