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Current Topic: Economics

Opensecrets.org--Money in politics data
Topic: Economics 7:08 pm EDT, Apr 30, 2002

Its always good to know who owns your local government.

Opensecrets.org--Money in politics data


WorldCom CEO Resigns
Topic: Economics 6:56 pm EDT, Apr 30, 2002

Bernard J. Ebbers, who built WorldCom Inc. into a global telecommunications giant but then saw its fortunes and stock price crumble amid fierce industry competition and questions about the company's finances, has resigned as chief executive and president.

WorldCom's stock has lost 80% of its value this year, and fell nearly 30% on Monday alone. Investors fret that the prospects may be strong for default on its $30B debt.

Is Bernie Ebbers running away, or only walking? The answer may tell us how much time WorldCom has left.

WorldCom CEO Resigns


Somebody stole my idea!
Topic: Economics 8:16 pm EST, Nov 26, 2001

Toks Announces Proposal to Combine With General Motors Corporation, Hughes Electronics Corporation, General Electric Company, AT&T Corporation, AT&T Wireless Services, Inc., AOL Time Warner and Marriott International for a rough estimate of over $2 Trillion or more in stock. Including assumption of all outstanding debts. There will be amendment of full value that will be calculated by professional accountants. This is just an initial proposal. This is not the whole picture of. At the same time Toks Inc. will stick to its original plan to issue its Class A Common Stock in heavy premium to the shareholders of targeted entities.

Somebody stole my idea!


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