The stock market crashed. Wall Street panicked. People stashed silver and gold under mattresses while businesses shut doors across America
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Stanford scandal spreads
Is Obama Ready for a Hard-Right Israel?
England cricket board severs Stanford links
The England and Wales Cricket Board have confirmed they have terminated all contractual links with Sir Allen Stanford — the Texan billionaire charged with an alleged nine billion dollars fraud by the Securities and Exchange Commission. All negotiations between the ECB and Stanford were immediately suspended when the news broke on Tuesday — and the governing body has now formally announced they will not play any further Stanford Twenty20 matches in Antigua as well as shelving plans for the Quadrangular Twenty20 events, which were due to start at Lord’s in May.
England cricket board sever Stanford links
The England and Wales Cricket Board have confirmed they have terminated all contractual links with Sir Allen Stanford — the Texan billionaire charged with an alleged nine billion dollars fraud by the Securities and Exchange Commission. All negotiations between the ECB and Stanford were immediately suspended when the news broke on Tuesday — and the governing body has now formally announced they will not play any further Stanford Twenty20 matches in Antigua as well as shelving plans for the Quadrangular Twenty20 events, which were due to start at Lord’s in May
Study: Poor more at risk of cervical cancer
Obama shines stimulus spotlight on urban economy
President Obama met Friday with 85 mayors from across the country to discuss the implementation of city-related funding from the $787 billion stimulus package. “You shouldn’t have to succeed despite Washington; you should be succeeding with a hand from Washington, and that’s what you’re getting now,” Obama said at a White House reception. “This plan does more to lay a new foundation for our cities’ growth and opportunity than anything Washington has done in generations.” The economic stimulus package sets aside billions of dollars for highway construction, transit improvements, school modernization and community development block grants
2009 Oscars: More snooze than sizzle?
As the clock ticks down to the 81st Academy Awards Sunday, audiences could be forgiven for losing interest. On the face of it, apart from Hugh Jackman hosting, this year’s Oscars doesn’t look like it will offer many thrills. Sure, the once-yearly opportunity to poke fun at an ill-judged Oscars dress or a super-gushy acceptance speech there (gather, Kate, gather) is a welcome prospect in these dreary days of economic doom and gloom.
Poll: Obama rating slips, but still high
A national poll indicates that two out of three Americans approve of the way Barack Obama is handling his job as president of the United States. The CNN/Opinion Research Corp. survey, released Friday, also suggests that six in 10 support the economic stimulus package that Obama signed into law Tuesday.
After the Stimulus, Can Obama Tame the Deficit?
Barack Obama calls them the Propeller-Heads, the cheerful band of financial nerds he has charged with saving America’s economy. And on the Friday before Presidents’ Day weekend, they were ready to show him the latest piece of their rescue plan: the 2010 federal budget. Having just squeezed through Congress what may be the largest spending bill in history, the President now needed to do something that would make the stimulus fight look easy: show the country and the world that he was as serious about preventing waste as he was about promoting growth