Newcomers Luncheon --November 17, 11 am -1:30 pm, Cold Springs Country Club, all residents of the area, regardless of length of residence are Welcome! $12.00, call Myrna Augsberger, President 530-642-1394. Special Boutique of handcrafted items, proceeds go to the Scholarship Fund.
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Friday the United States was developing plans to buy equity in financial institutions if necessary to halt market turmoil.
WASHINGTON/NEW YORK (Reuters) - Finance chiefs of the world's major economies pledged on Friday to prevent big banks from collapse and to work together to stem the financial crisis after another day of gut-wrenching drops on world markets.
NEW YORK (Reuters) - The Dow and the S&P 500 dropped for an eighth session on Friday, as a dramatic late-day comeback stalled out to cap the worst week ever for the S&P amid more anxiety about the condition of credit markets and the threat of a global recession.
NEW YORK (Reuters) - Oil prices dropped more than 10 percent on Friday and touched 13-month lows in a global flight from risk amid concerns of a worldwide recession and further signs of slumping energy demand.
WASHINGTON (Reuters) - U.S. regulators took over two small banks on Friday, in Michigan and Illinois, bringing the tally of bank failures to 15 so far this year.
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