Bernanke, Paulson Defend Bailout in Testimony

The two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administration officially ditched the original strategy behind the rescue.

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FDIC Chairwoman Weighs In on Loan Modification Plan

FDIC Chairman Sheila C. Bair said the plan coming from Fannie and Freddis is a step in the right direction.

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The Deal: Free Money, Step Right Up

Offer someone free money with no strings attached, they'll attach themselves to a conga line to get to you and your money.

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Former Treasury Secretary O'Neill Talks to FBN

Former Treasury Secretary Paul O'Neill said he approves of three of the possible candidates for his former post.

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Steven Madden Beats the Street, Boosts Forecast

In a quarter when retailers are posting some very ugly numbers, there seems to be one bright spot, Steven Madden.

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CEOs Urge at Least $300B in Next Fiscal Stimulus

Chief executives of leading U.S. companies called for a fiscal stimulus package worth at least $300 billion and urged president-elect Barack Obama to swiftly name his economic team.

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Bernanke Leaves Door Open to Further Rate Cuts

Warning that financial markets remain under "severe strain," Federal Reserve Chairman Ben Bernanke pledged Friday to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut to help brace the sinking U.S. economy.

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Cavuto: John Kennedy Was Right

So Alan Greenspan is "shocked, shocked" the credit markets melted down. Our friends at MarketWatch describing the former Federal Reserve Chairman in "full-frontal legacy defense mode."

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Meet the Most Power Person in America: Henry Paulson

Right now, Treasury Secretary Henry Paulson may be the most powerful person in America – and there's a lot of discontent about that.

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