Stories Mexico from September, 2008
Itâ€™s been 19 days since the Federal Housing Finance Agency became conservators of GSEâ€™s Fannie Mae and Freddie Mac; Eleven days since Bank of America purchased Merrill Lynch for the â€œbargainâ€ price of $50 million dollars and holding company Lehman Brothers had to file for bankruptcy; Ten days since the Federal Reserve spent $85 billion to rescue insurance corporation American International Group; Less than 24 hours since the FDIC seized bank Washington Mutual Inc., and sold its assets to JPMorgan Chase for $1.9bn; and nine days since the U.S. administration first proposed a Wall Street bailout of nearly $700bn. Following are some blog reactions from around the world.
Democratic presidential nominee Barack Obama broke yet another record â€“ raising over $66 million in August with about 500,000 new donors. International bloggers react.
Sarah Palinâ€™s main man, Todd Palin, may be subpoenaed to speak about the firing of Alaskaâ€™s public safety commissioner, Walter Monegan. According to recent reports, Monegan believes his release was brought upon him because of his refusal to fire trooper Mike Wooten, Palinâ€™s former brother-in-law. World bloggers used the weekend to soak in the news and write their thoughts.
Itâ€™s been a week since the Republican National Convention and statistics are showing the convention worked in Republican nominee John McCainâ€™s favor. The Gallup Poll recently released scores showing that 48 per cent of registered voters would elect McCain over 45pc for Democratic presidential nominee Barack Obama. For three of the worldâ€™s bloggers, the results didnâ€™t come as a surprise after viewing both the Democratic and Republican Conventions.