Just in the nick of time, maybe, it is reported that GM and Chrysler, will be receiving the loan they need to survive and take them into March, 2009. By then, perhaps the two will merge and work out a plan to become solvent again.
The SEC is reportedly investigating the wife of Bernard Madoff, Ruth. Mr. Madoff is currently under house arrest in his seven million dollar penthouse, curfew is 7 p.m. to 9 a. m. There has been speculation that Mr. Madoff did not pull off the alleged ponzi scheme by himself. The wife supposedly was the bookkeeper for the dealings, she is said to have told him what tie to wear each morning, so maybe she was telling him other things to do as well. The SEC reportedly said that Mr. Madoff misled the agency in 2006.
Homosexual rights are advocated for the first time in the U. N. Assembly.
Former President Bill Clinton, released his donor list for his Library, for review. The list has donors on the list from Saudia Arabia, Norway, Kuwait, Quatar, AIG and many others. Donations total in the multi-million dollar range, thousands of pages of documents were turned over.
The reporter who threw his shoes at President Bush, while in a press conference, has reportedly apologized to President Nouri Al Maliki, but not to President Bush. The reporter is in jail, facing fifteen years imprisonment. supporters are calling for his release.
Defense Secretary Gates, is said to have requested a plan to close Guantanomo Bay, the Pentagon reports.
Former Federal Reserve Chairman Greenspan, says that the U. S. financial markets are likely to rebound in six to twelve months.
President-elect Obama is said to have selected Congresswoman Hilda Solis as his nominee for Labor Secretary. Today, Mr. Obama introduced his choice to fill a vacancy at the Federal Reserve Bank, Professor Daniel Tarullo,will be a new governor on the board. Also introduced was Gary Gensler, who will be the nominee to head the Commodity Futures Trading Commission.
Mr. Obama's choice to give the invocation at his inaugruation is stirring up protests in the gay and lesbian community. The
committee chose Pastor Warren, who has said many controversal
things about homosexual marriages. Mr. Obama supported his choice by saying he wanted people of all ilks to, in essence, be able to come together even when they disagree but not to be disageeable, but to concentrate on things they agree on. The furor is still raging.
Steelmaker CSN, may fire three thousand employees, as demand weakens.
There is a rising call for an investigtion by an outside entity, after a bi-partisan committee, released its report
on the involvement of various Bush administration officials, who advocated torture, and had it carried out during the height of the Iraq war. It has been said that the perceived torture in camps in foreign countries, at the beheast of the United States was responsibile for the deaths of thousands of American soldiers in Iraq.
GE reportedly, could lose its AAA credit rating.
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