Palin Pick Pushes Us Women'S Group To Back ObamaSeptember 22, 2008 14:27
Prominent US women's rights groups on Tuesday backed Democrat Barack Obama for the White House and slammed his Republican rival John McCain for trying to lure women voters by choosing Sarah Palin as a running mate.
Fed Boosts Support For Goldman, MorganSeptember 21, 2008 23:13 This is so freaking major... I don't know if anyone realizes how insane it is that the 'deregulate-em-all' Bush administration has just engineered the biggest platinum parachute for Wall Street in history.
And then there were none.
Federal regulators converted Wall Street's remaining stand-alone investment banks - Goldman Sachs and Morgan Stanley - into bank holding companies Sunday night.
The move allows Goldman and Morgan to scoop up retail banks and to streamline their borrowing from the Federal Reserve. The shift also is aimed at removing them as targets of nervous investors and customers, who brought down their former rivals Bear Stearns, Lehman Brothers and Merrill Lynch this year.
But it also puts Goldman and Morgan under the Fed's supervision, increasing the agency's regulatory oversight and possibly forcing them to raise additional capital.
And it brings to a close the era of the Wall Street investment bank, a storied institution that traded stocks and bonds, advised mergers and showered lavish bonuses on its executives.
"The separation of investment banking and commercial banking has come to an end," said Bert Ely, an independent banking consultant.
Army Suicide Rate Could Top Nation'S This YearSeptember 09, 2008 17:39 The rate of suicides among-active duty soldiers is on pace to surpass both last year's numbers and the rate of suicide in the general U.S. population for the first time since the Vietnam war, according to U.S. Army officials.
As of August, 62 Army soldiers have committed suicide, and 31 cases of possible suicide remain under investigation, according to Army statistics. Last year, the Army recorded 115 suicides among its ranks, which was also higher than the previous year.
Army officials said that if the trend continues this year, it will pass the nation's suicide rate of 19.5 people per 100,000, a 2005 figure considered the most recent by the government.
US Military Deaths In Iraq War At 4,152September 03, 2008 20:00 As of Wednesday, Sept. 3, 2008, at least 4,152 members of the U.S. military have died in the Iraq war since it began in March 2003, according to an Associated Press count.
The figure includes eight military civilians killed in action. At least 3,375 died as a result of hostile action, according to the military's numbers.
Bush's Greatest Folly - Monday, June 15, 2009