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Investors can forget about the lessons of Lehman Brothers collapse

Ten years ago, Lehman Brothers collapsed. The following decade proved to be extremely profitable for investors as politicians around the world threw everything they could to the problem. State and corporate debt levels have exploded. The stimulus of monetary policy has been extreme – and no major legal action has been taken against the banks. Thus, financial asset prices have …

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Mega Millions Result for 09/14/18; won any $ 227M jackpot?

LANSING, MI – The jackpot Mega Millions continues to grow only because there was no $ 227 million jackpot winner for the drawing on Friday, September 14th. That means the jackpot for Tuesday, September. 18 will be worth $ 252 million with a cash option of $ 148 million. Mega Millions Issue for September 14: 23-30-40-43-66 Gold Mega Ball: 13 …

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Elon Musk said that a Tesla could drive across the country until 2018. Only the back of a garage was crashed.

When Mangesh Gurura's wife left home to retrieve her child from math teacher a Sunday earlier this month, she turned to her Tesla Model S and beat "Summon", a self-parking feature that the electric automaker has promoted as a central step towards powerless cars . But when $ 65,000 dropped out of the garage, Gururaj said the car was suddenly …

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How JPMorgans CFO became the best prospect for succeeding Dimon

By David Henry NEW YORK (Reuters) – As a single mom with a British accent who loves numbers, Marianne Lake has a little resemblance to Jamie Dimon, the long executive director of JPMorgan Chase & Co., known for his bravado , quips and occasional eruptions. But Lake has emerged as a leading runner to replace Dimon when he eventually retires, …

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Lehman Brothers Collapse: Hank Paulson's Diary

Exactly 10 years ago, Lehman Brothers collapsed into administration. It was the biggest bankruptcy in the history of the United States and the crucial event of the financial crisis that ruled the global economy between 2007 and 2009. Lehman's bankruptcy led to genuine fear in the United States that its entire financial system could collapse. This led to a crazy …

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Michigan High School scrapes home-made queen title for excellence award

0 University Michigan Scraps Homecoming Queen Award for Excellence Award CHELSEA, Mich. – With college college in full swing, many students are looking forward to the homecoming week. Traditionally crowned home chambers and ladies with a lot of fanfare during the half-time of football game. >> Read more trendy news A high school in Michigan decided to move away from …

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Trump can notify you directly to the FEMA Alert System to be tested next week

Federal Emergency Management Agency is testing a new "presidential alert" system nationally for the first time next week, enabling Donald Trump to announce almost everyone in the nation who has a mobile phone. Officials insisted that the system can not be used for political purposes. FEMA also assured people that it can not trace mobile users' locations through the warning …

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Taco Bell employee kicked to refuse to serve English-speaking customers

Taco Bell has 6,446 restaurants and serves over 2 billion customers annually. (Tupungato) A Spanish-speaking Taco Bell employee in Florida was released in the fast food chain after a video circulated on social media this week showed her refusing to serve an English-speaking customer. The video shows the worker at the restaurant's Hialeah site seems to be annoyed when the …

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Oil mixed as China tariff speaks scots early rally

NEW YORK (Reuters) – The oil price was withdrawn on Friday for concern that additional US tariffs would be imposed on Chinese imports after a previous rally triggered by concerns that more sanctions against Iran could limit supply. PHOTO PHOTO: Pump contacts work in front of a drilling rig in Midland, Texas, USA, August 22, 2018. REUTERS / Nick Oxford …

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