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  GM says it will give GMAC more time to pay for vehicles shipped to GMAC-financed dealers

Dec 16 2008

December 15, 2008 - 6:14 p.m. NEW YORK (AP) - General Motors Corp. said in a regulatory filing Monday that it and GMAC LLC agreed to temporarily adjust the financing company's terms for making send payments to the automaker for the wholesale financing of vehicles sold to GM dealers. The deal will help free up financing for vehicle purchases and help clear more vehicle roll before the end of the year, GM said in a Securities ...

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  How the Dow Jones industrials have fared each trading day since fall of Lehman Brothers

Dec 16 2008

The Associated Press December 15, 2008 - 6:12 p.m. (AP) - How distant the Dow Jones industrial medial sum has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. After Lehman's fall, the credit markets seized up, generally sending stocks plunging and eventually leading to the creation of the government's financial save plan. The poetry are the closing levels for the Dow: ...

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  How I did it

Dec 16 2008

How I did it <!-- How I did it Investing, Markets, Wealth 20081128 Real people tell how to grow wealth, retire young and beat the emporium. /my_money/planning/ --> Intro | Beating the market | Understanding money | Escaping misdoing | Financial freedom | More success stories You amaze us. Time and time again, we've found that the deepest wisdom about currency comes not from stockbrokers or investment analysts, but from readers like ...

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  Germany’s Siemens agrees to pay $1.3 billion in fines in Germany, US as it settles bribe case

Dec 16 2008

George Frey December 15, 2008 - 6:11 p.m. FRANKFURT, Germany (AP) - Siemens AG — rocked by a series of contamination cases that has cost the company as well-as; not only-but also; not only-but; not alone-but prestige and money — agreed Monday to pay more than $1 billion in fines in Germany and the U.S. being of the kind which it moved a footstep forward in closing a dark chapter in its history. Munich-based ...

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  Oil rises sharply to near $50 as investors expect OPEC to announce large output cut this week

Dec 16 2008

Pablo Gorondi December 15, 2008 - 09:56 a.m. (AP) - Oil prices rose sharply toward $50 a barrel Monday as investors anticipated OPEC will announce a large prolongation cut at its duel this week. Light, sweet crude for January delivery was up $3.24 to $49.52 a barrel in electronic commercial on the New York Mercantile Exchange by mid-afternoon in Europe. The contract briefly reached $50.05 before falling back. On Friday, it fell $1.70 ...

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