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		<title> - Latest Popular Stories, Instablogs Community  by A_abdulla</title>
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		<description> - Latest Popular Stories powered by Instablogs Community.</description>
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		Thu, 27 Mar 2008 06:56:40 +0000		</lastBuildDate>
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				<title>So what are you worth? Obama taunts Clinton as he releases his tax returns</title>
									<link>http://a_abdulla.instablogs.com/entry/so-what-are-you-worth-obama-taunts-clinton-as-he-releases-his-tax-returns-the-daily-mail/</link>
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				<dc:creator>Abdulla</dc:creator>
								<description><![CDATA[<img src="http://www.instablogsimages.com/images/2008/03/27/mb_so-what-ar_E7p3J_11065.jpg" align="right" /><p>	Barack Obama has turned up the pressure on Hillary Clinton over financial transparency.
	The Illinois senator last night placed his last seven years of tax records on his website.
	He hinted that his rival for the Democratic presidential nomination...</p>]]></description>

				<content:encoded><![CDATA[	<p>Barack Obama has turned up the pressure on Hillary Clinton over financial transparency.</p>
	<p>The Illinois senator last night placed his last seven years of tax records on his website.</p>
	<p>He hinted that his rival for the Democratic presidential nomination may have something to hide for delaying the release of her joint tax records with her husband Bill.
</p>
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				<pubDate>Thu, 27 Mar 2008 06:56:40 +0000</pubDate>
				<category>US</category><category>Obama</category><category>Clinton</category><category>McCain</category>								
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				<title>The Subprime Mortgage Crisis Explained with Cartoons</title>
									<link>http://a_abdulla.instablogs.com/entry/the-subprime-mortgage-crisis-explained-with-cartoons/</link>
					<guid isPermaLink="true">http://a_abdulla.instablogs.com/entry/the-subprime-mortgage-crisis-explained-with-cartoons/</guid>
				
				<dc:creator>Abdulla</dc:creator>
								<description><![CDATA[<img src="http://www.instablogsimages.com/images/2008/03/25/mb_the-subpri_qINJc_11065.jpg" align="right" /><p>	If you don’t understand a whit about what’s happening with the credit crisis and the whole subprime mortgage mess, here’s a primer - in cartoon form - at Joey deVilla’s Accordion Guy blog: Link
	Or, if you’re literary and like readin’...</p>]]></description>

				<content:encoded><![CDATA[	<p>If you don’t understand a whit about what’s happening with the credit crisis and the whole subprime mortgage mess, here’s a primer - in cartoon form - at Joey deVilla’s Accordion Guy blog: Link</p>
	<p>Or, if you’re literary and like readin’ words, the New York Times has a nice write up.</p>
	<p>    Raise your hand if you don’t quite understand this whole<br />
    financial crisis.</p>
	<p>    It has been going on for seven months now, and many people probably feel as if they should understand it. But they don’t, not really. The part about the housing crash seems simple enough. With banks whispering sweet encouragement, people bought homes they couldn’t afford, and now they are falling behind on their mortgages.</p>
	<p>    But the overwhelming majority of homeowners are doing just fine. So how is it that a mess concentrated in one part of the mortgage business — subprime loans — has frozen the credit markets, sent stock<br />
    markets gyrating, caused the collapse of Bear Stearns, left the economy on the brink of the worst recession in a generation and forced the Federal Reserve to take its boldest action since the Depression?
</p>
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				<pubDate>Tue, 25 Mar 2008 13:41:15 +0000</pubDate>
				<category>US</category><category>Subprime Mortgage Crisis</category><category>Credit Crunch</category><category>Business</category>								
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				<title>JPMorgan lifts Bear offer fivefold</title>
									<link>http://a_abdulla.instablogs.com/entry/jpmorgan-lifts-bear-offer-fivefold/</link>
					<guid isPermaLink="true">http://a_abdulla.instablogs.com/entry/jpmorgan-lifts-bear-offer-fivefold/</guid>
				
				<dc:creator>Abdulla</dc:creator>
								<description><![CDATA[<img src="http://www.instablogsimages.com/images/2008/03/25/mb_jpmorgan-l_YNFX4_11065.jpg" align="right" /><p>	JPMorgan Chase quintupled its original bid for Bear Stearns to $10 a share on Monday after its initial offer for the beleaguered Wall Street bank was undone by legal snags and furious opposition from Bear shareholders who viewed it as far too...</p>]]></description>

				<content:encoded><![CDATA[	<p>JPMorgan Chase quintupled its original bid for Bear Stearns to $10 a share on Monday after its initial offer for the beleaguered Wall Street bank was undone by legal snags and furious opposition from Bear shareholders who viewed it as far too low.</p>
	<p>The new all-share offer, coupled with surprisingly strong home sales data, helped spark a broad market rally in the US when investors hoped the worst fallout from the subprime mortgage crisis might be at an end. All three big US stock market indices were up at least 2 per cent in midday trade.</p>
	<p>The five-fold increase in the offer for Bear represents a remarkable turnround for JPMorgan executives. Late last week they suggested privately that they had no plans to increase their bid, which they said represented the best possible outcome for Bear. They said then that if the offer failed they would let Bear shareholders fend for themselves in bankruptcy court.
</p>
]]></content:encoded>
				<pubDate>Tue, 25 Mar 2008 10:17:13 +0000</pubDate>
				<category>JPMorgan</category><category>US</category><category>bid for Bear Stearns</category><category>Business</category>								
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