11 Nov 08 Government Fiddles In Secret, While Main Street Burns?

PC Maker Micron Files for Chapter 11

Circuit City Files for Chapter 11

Lenovo Profits take a nose-dive

AIG gets even more money from the Feds -another $152.5 Billion – but with changes.

Nortel cuts 1,300 jobs

DHL cuts 9,500 Jobs in the US

Fannie Mae reports record losses

Starbucks reports drop in profits

Meanwhile the Federal Reserve refuses to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

Tags: aig, bush administration, chapter 11, circuit city, dhl, fannie mae, feds, jobs, lenovo, money, nose dive, profits, record losses, starbucks