The Associated Press was abuzz late Thursday night with news that Bernard Madoff, former chairman of the Nasdaq Stock Market and founder of Bernard L. Madoff Investment Securities, had been arrested over an alleged $50 billion fraud scheme.  Madoff founded his small firm in 1960, and has since bee...

Though there were indications of a rescue on Friday November 21st, on the evening of the 23rd, the U.S. Government announced the bailout of financial giant Citigroup. The following Monday morning Barack Obama announced his economic team, appointing Timothy Geithner (the man who contributed to the W...

Thursday, Democratic leaders denied General Motors Corp., Ford Motor Co., and Chrysler LLC a $25 billion bailout to provide aid to the ailing American auto industry.  The Big Three U.S. automakers are struggling to stay afloat heading into 2009 amongst an economic meltdown.  It was recorded that t...