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2008
10/18/2008
In A Few Fateful Days
You've heard the story. On the heels of tumbling shares and dire warnings from the U.S. president, as well as business and government officials across the globe, the British prime minister says, "The world economy is facing its greatest risk in decades." To halt the slide, he calls for a global response to prevent the crisis from spiraling out of control.
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10/10/2008
A richly detailed story about the Sage of Omaha
IT IS difficult to imagine better timing for the publication of a Warren Buffett biography, and not just any biography but a nearly 900-page authorized tome. For more than five years, Alice Schroeder, a former securities analyst, spent countless hours with the Sage of Omaha, his family, friends and business associates, all of whom spoke freely, with Buffett's permission.
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10/25/2008
HOW 'DIRTY' HARRY WON IN '48
For the past sixty years, whenever a presidential candidate is down in the polls days before Election Day, Harry Truman's victory in 1948 inevitable comes up. Of all the comebacks, Truman's still ranks as the most startling, down to the premature headline published by the staunch Republican media mogul Robert McCormick's Chicago Tribune the day after the election: "Dewey Defeats Truman!"
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10/11/2008
End of the ‘Ownership Society’
Remember the ownership society? President George W. Bush championed the concept when he was running for re-election in 2004, envisioning a world in which every American family owned a house and a stock portfolio, and government stayed out of the way of the American Dream.
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10/06/2008
America and the New Financial World
Soon enough, America's financial crisis will wind down -- maybe in a month, maybe in a year. Yet regardless of when, this crisis marks the beginning of a new era for the U.S. For more than six decades, from the end of World War II in 1945 until now, the U.S. was the hub of global capital and capitalism. In the years to come, it will remain a vital center, but not the center.
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