Word: latested
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...Obama campaign's release of the online video "Keating Economics: John McCain and the Making of a Financial Crisis" on Oct. 6th was the latest punch in an exchange of heated attacks between the two presidential candidates...
Will the moves work? Not even Paulson and Bernanke know. And what is most worrisome about the current crisis, and the latest moves it has necessitated, is that it shows how badly the shadow banking system has managed to undermine the traditional banking system by incentivizing those bad loans. Fueled by the shadow system's demand for loan-based derivatives, enough regular banks issued lousy loans that now they too are failing, hence the fate of Washington Mutual and Wachovia. In the worst case of an unchecked, full-blown panic, even banks that operated cautiously within the post-1929 safeguards...
...Learn the latest financial buzz-words here...
...Learn the latest financial buzz-words here...
...More recently, though, Obama's big bet on Missouri doesn't seem like such a joke. The latest St. Louis Post-Dispatch poll has Obama pulling within 1 point of McCain, and a new TIME/CNN poll has the Democratic nominee actually leading his Republican rival by 1 point among likely voters. The increasing tightness of the race - even if it's part of a national wave spurred by a focus on the faltering economy - shows why every doorbell, and every person ringing them, can make a world of difference in an election...