19 November 2008

Wednesday 19 Nov 08 - Evening Edition: Mexico's New Booming Export for Americans Who Want Cheap, Affordable Medical Care

(Photo Courtesy CHRISTUS Muguerza's hospital)
CHRISTUS Muguerza's hospital in Reynosa, Mexico, is located right across the American/Mexican border. Texans are now going down there for more affordable healthcare






Science: Genetic code shows Woolly Mammoth was a close cousin to the Elephant; scientists hope to one day re-introduce the Woolly Mammoth using DNA gene splicing



Economy: Businessweek asks "Is Delfation Good for Workers?"

Housing Bailout: Bush Administration and HUD takes new approach to helping homeowners - Smaller writedowns for banks on appraised values.HUD will payoff second liens, raise amount which can be lent as government insurance, turns 30 year mortgage into a 40 year mortgage to lower payments, and no longer requires 3 months of good faith payments by buyers to become permanent.

Automakers Bailout: A History Lesson - How the British bailout of their automakers ended.

Dow Jones Industrial Average: Closes to bear market low. . . First time to go below 8,000 since 2003.

China: Playing "Follow the Americans", Chinese automakers pressing Beijing for a bailout

Sirius/XM Satellite Radio: Tapped out consumer, Detroit woes, debt up the wazoo leads to a stock trading at .17 cents earlier today

Italy: Government to sell bankrupt airline Alitalia to a busines consortium for 1.3 Billion Euros.

Layoffs: Sara Lee cuts 185 jobs, closes their Kosher meat business.

Layoffs: Boeing to cut 800 jobs in Wichita, Kansas this Friday.

Federal Reserve: Slashes projected growth rates. Some Fed officials say we may need to cut rates even more

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