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  • Gas Prices Stoop to $1.65 as Concerns for Industry’...
    By on December 30, 2008 | No Comments  Comments
    The price on a barrel of light, sweet crude fell as low as $35.13 just before the Christmas holiday as stockpiles of unused gasoline continued to grow.  It’s hard to imagine that less than a year ago the United States witnessed a record-high $4.11 per gallon at the pump; a time when several econo...
  • Madoff Appears in Court as Grim Consequences Manifest...
    By on December 22, 2008 | No Comments  Comments
    Reporters and photographers jostled and pushed against each other in front of Bernard Madoff’s Manhattan apartment last week, vying for a photo or a word with the disgraced investment coordinator.  Madoff smiled slightly as he moved past, declining to comment after returning from the Federal cour...
  • Bush Approves Bailout: U.S. Automakers to Receive $17...
    By on December 19, 2008 | No Comments  Comments
    Friday morning shares of Ford Motor Co. and General Motors Corp. surged on Wall Street (with private owned Chrysler cheering in the background) as news of President Bush’s $17.4 billion auto industry bailout sunk in with investors.  The President approved the immediate release of $13.4 billion fr...

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