Bank industry slams lawmaker-Citi mortgage deal (Reuters)
Fri, 09 Jan 2009 22:20:01 GMT - (Reuters)

Reuters - A top bank industry group said on Friday that it opposes an agreement between Citigroup Inc and Democratic senators that would rewrite U.S. bankruptcy law to help troubled mortgage borrowers avoid foreclosure, saying it could make home loans more expensive.

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How Laid-Off Boomers Can Get Health Insurance (U.S. News & World Report)
Tue, 06 Jan 2009 20:33:14 GMT
U.S. News & World Report - Workers who find themselves unexpectedly laid off in middle age or forced into early retirement have many worries. One of their greatest fears is about finding health insurance coverage. Some 21 percent of baby boomers ages 45 to 64 report they are not confident they will be able to afford medical care this year, according to a new AARP survey. "The boomers are at a high risk of being uninsured, and they're particularly worried. ...
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In findings on reading, some surprises (The Christian Science Monitor)
Fri, 09 Jan 2009 08:00:00 GMT
The Christian Science Monitor - If a 3-year-old asks you, "What's that?" when you're holding a rake, tell her more than just its name. Say it gathers up the fallen leaves, that it's made of metal, that it's blue. Tell her it starts with the letter "R" and show her the word. Expounding on a simple lawn tool will be a better springboard for her to eventually start reading and writing.
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EU seeks to finalize Russian gas monitoring deal (Reuters)
Fri, 09 Jan 2009 19:19:00 GMT - (Reuters)

Reuters - The European Union sought to finalize details on Friday of a gas monitoring deal to allow the resumption of gas supplies to Europe via Ukraine, which have been cut off for days over a pricing row.

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Obama names Panetta, Blair as top spymasters (Reuters)
Fri, 09 Jan 2009 22:34:15 GMT - (Reuters)

Reuters - President-elect Barack Obama named two intelligence outsiders on Friday as his top spymasters to play a leading role in restoring what he has called a tarnished U.S. image abroad.

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Panel criticizes Treasury use of TARP funds (Reuters)
Fri, 09 Jan 2009 18:16:23 GMT
Reuters - The U.S. Treasury has done nothing to ensure a $700 billion financial bailout fund is used to stabilize the weak mortgage market, which caused the U.S. economic crisis, a congressional watchdog said on Friday.
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Obama team, Rep. Frank eye bailout fund overhaul (Reuters)
Fri, 09 Jan 2009 20:50:05 GMT - (Reuters)

Reuters - President-elect Barack Obama and a key Democratic lawmaker revealed plans on Friday to overhaul the government's $700 billion financial rescue fund as a way to aid struggling homeowners and speed the flow of credit.

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3 Ways to Cope with a Recession (U.S. News & World Report)
Fri, 09 Jan 2009 19:37:22 GMT
U.S. News & World Report - It's no surprise that Americans approaching retirement age are being hit especially hard by the recession. Middle age and older workers had the most money in the stock market to lose. A new AARP survey of 1097 people age 45 and older found that 79 percent of those with a 401(k), IRA, mutual fund, or individual stocks and bonds have lost money. Many older Americans are responding to their diminished nest eggs by becoming more frugal and adjusting their retirement plans. ...
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Bollywood bids Bush goodbye with a parting shot (Reuters)
Wed, 07 Jan 2009 05:44:00 GMT - (Reuters)

Reuters - Barely two weeks before George W. Bush leaves the White House, Bollywood is ready with a farewell present -- a film that takes pot shots at the outgoing U.S. president.

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