Asian markets rattled...

 

GM BANKRUPTCY PLAN: QUICKIE SALE TO GOV'T

 

FT.com - Companies US & Canada
US banks scramble to repay bail-out cash
May 19 2009 00:33
US banks are scrambling to be in the first wave of lenders to repay Washington bail-out funds after the authorities told Wall Street executives they would allow five or six big financial groups to return taxpayers' money before the rest of the industry Read more »

 

Brazil and China eye plan to axe dollar; Nations move to use own currencies for trade...

Stanley Kutler on Obama's Reversal on Torture Photos
Obama’s Coalition of the Unwilling -- President Barack Obama dramatically changed course twice on May 13 when he announced he would not release photos of American military personnel “abusing” detainees, reversing the Pentagon's statement on April 26 that it would comply with a court order—with the president's own prompt and emphatic support for release.

Democracy at risk, says minister Britain is facing a ’dangerous month for our democracy’, says David Miliband, amid signs that the row over Westminster expenses could translate into rising support for fringe parties