Negotiations continue, debate still up in air
Officials will continue negotiations today after yesterday's day of chaos. The president will make a statement on the status of the rescue plan in a few minutes. Meanwhile, McCain has yet to confirm whether he'll attend tonight's debate. Obama vows to be there, as will all the networks and a national audience.
Washington Mutual bought
JPMorgan Chase acquired Washington Mutual in a transaction facilitated by the Office of Thrift Supervision and the FDIC yesterday.
From Wall Street to the Ark-La-Tex
Pilgrim’s Pride warned this week that it would breach some agreements with its lenders, highlighting the bind that many companies find themselves in in this economy. The company, which is headquartered in east Texas about an hour from here, already announced this year that it will lay off all 360 employees of its Clinton, Ark. plant and 600 in its El Dorado plant.
Washington Mutual bought
JPMorgan Chase acquired Washington Mutual in a transaction facilitated by the Office of Thrift Supervision and the FDIC yesterday.
From Wall Street to the Ark-La-Tex
Pilgrim’s Pride warned this week that it would breach some agreements with its lenders, highlighting the bind that many companies find themselves in in this economy. The company, which is headquartered in east Texas about an hour from here, already announced this year that it will lay off all 360 employees of its Clinton, Ark. plant and 600 in its El Dorado plant.
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