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Some Stories Worth Reading Today
The Bears Stearn crisis story in the UK Daily Telegraph. (Quote: US property writer Paul Muolo described the Bearn Stearns crisis as the
“subprime Chernobyl”, saying the bank had created a “cone of silence")
Kissinger linked to two coups in the '70's. (Quote: Nearly 700 pages of highly classified Central Intelligence Agency reports from the 1970's, known collectively as the "Family Jewels," are slated for public release today.) Is Cheney part of the executive branch?: (Quote: "Perhaps next he will say he is not subject to the laws of gravity either. He will just float away to some undisclosed location," said Ana Marie Cox, the Washington editor of Time.com.) Building a justification for a war on Iran: (Quote: The sheer absurdity that Al Qaeda might have advanced capabilities to wage a nuclear attack on America is, nonetheless, pervasive in US media reports. Moreover, numerous drills and exercises, simulating a terrorist attack using nuclear devices, have been conducted in recent years, creating the illusion that "the threat is real") Interest rates in the UK need to rise: (Sir John Gieve, deputy governor of the Bank of England, cautioned that 'spectacular growth' in borrowing for buyout and private equity deals could endanger the banking system and cause a sharp financial downturn).
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