Shifting Tides Ahead After Financial Titans Fall

 Shifting Tides Ahead After Financial Titans Fall

Conspiracy theories, both real or imagined, will soon run rampant

The credit crisis shaking the global economy is forcing a dramatic reconfiguration of Wall Street, where the financial industry in recent years has been driven to take ever-greater risks on increasingly esoteric investments. The fragility of Wall Street’s architecture was exposed this week when two icons of investment banking and the world’s largest insurance company were fed into the maw as their competitors pushed for a historic government bailout to help salvage their own shaky businesses.

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Mother’s Stress Contributes To Overweight Children

Mother’s Stress Contributes To Overweight Children 

A mother’s stress may contribute to her young children being overweight in low income households with sufficient food, according to a new Iowa State University study published in the September issue of Pediatrics, the professional journal of the American Academy of Pediatrics. The study analyzed data collected from 841 children in 425 households in the 1999-2002 National Health and Nutrition Examination Survey.

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Women and the Confidence Gap

Women and the Confidence Gap

Besides earning less, women have less confidence about their stability

In a poll by the National Women’s Law Center, women were more likely than men to feel that they are falling behind economically. They worry more about their financial future. For many women, the concerns are not unfounded. More than 14 million women live in poverty. More than 17 million have no health insurance. On average, women earn only 77 cents for every dollar paid to men.

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U.S. Weighs Takeover of Fannie Mae and Freddie Mac

 U.S. Weighs Takeover of Fannie Mae and Freddie Mac

Henry Paulson, left, and Ben Bernanke at a House hearing.

Alarmed by the growing financial stress at the nation’s two largest mortgage finance companies, senior Bush administration officials are considering a plan to have the government take over one or both of the companies and place them in a conservatorship if their problems worsen, people briefed about the plan said on Thursday.

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