Stories Puerto Rico (U.S.) from September, 2008

McCain: Out of Control or Dirty Politics at its Best?

  September 26, 2008

With a little over two hours to go before the two US presidential candidates flex their muscles at their first televised debate, bloggers from around the world are busy registering their impressions on the candidates. Here's a reflection on Republican nominee John McCain. Is McCain totally 'out of control' or is he portraying 'cynical, dirty and politics at its best'?

To Bailout or not to Bailout?

  September 26, 2008

It’s been 19 days since the Federal Housing Finance Agency became conservators of GSE’s Fannie Mae and Freddie Mac; Eleven days since Bank of America purchased Merrill Lynch for the “bargain” 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.