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Credit crunch's reach grows ever wider
The need for General Electric, long regarded as the gold standard of corporate credit quality, to raise $15bn in capital to quell concerns about its financial health is the starkest evidence yet that the credit crunch is hitting companies big and small.
People:Warren Buffett Activities:2007 Global Credit Crunch
2008-10-02
'Broken man' Abramoff gets 4 years in prison
WASHINGTON - Broken and disgraced, lobbyist Jack Abramoff will spend four years in prison for his role in a corruption scandal that upended Washington politics and contributed to the Republicans' loss of Congress in 2006.
Nations:U.S. People:John McCain Activities:2005 Abramoff Scandal Source:(AP)
2008-09-05
Abramoff gets 4 years prison in corruption scandal
WASHINGTON - Jack Abramoff, the once powerful lobbyist at the heart of a far-reaching political corruption scandal, was sentenced to four years in prison Thursday by a judge who said the case had shattered the public's confidence in government.
Nations:U.S. People:John McCain Activities:2005 Abramoff Scandal Source:(AP)
2008-09-04
McCain More Likely to Drop Palin, Bookmakers Say
Sept. 2 (Bloomberg) -- The smart money thinks there's a better chance today than yesterday that John McCain will dump Sarah Palin as his running mate.
Nations:U.S. People:George McGovern Joseph Biden Barack Obama John McCain Richard Nixon Al Gore Activities:US Election 2008 Source:(Bloomberg)
2008-09-03
Ex-Ohio congressman released from halfway house
COLUMBUS, Ohio - Former congressman Bob Ney of Ohio has been released from a halfway house in Cincinnati after serving a sentence in connection with a public corruption scandal.
Nations:U.S. Activities:2005 Abramoff Scandal Source:(AP)
2008-08-16
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