FICRY

Some executives receiving government bailout funds have retained use of the company owned private jets. The Wall Street Journal reports that, flight records show numerous occasions when banks receiving federal money have flown their planes to destinations near resorts or executives’ vacation homes, including spots in Europe, Mexico, the Caribbean, south Florida and Aspen, Colo. [...]

(AP) From Atlanta, Ga., listen to Marian Chamberlain, 65, jobless, and no longer eligible for unemployment: “I will never be able to retire.” From Shakopee, Minn., listen to Bruce Paul, 56, a vintage car mechanic laid off in January and unemployed for the first time since Richard Nixon was president. Today he and his wife [...]

Analysts at 24/7 wall-street took a look at the numbers of a few struggling American companies and have made predictions that they may not survive through the deepening recession. Some of their predictions include. GAP, CHRYSTLER, EDDIE BAUDER, AVIS/BUDGET, BOARDERS, SATURN, CROCS, ESQUIRE MAGIZINE, ARCHETECTUIAL DIGEST, PALM, and, AIG.

FRANK JORDANS | March 24, 2009 08:22 AM EST | AP
Despite $4.7 billion in losses this year, which is worse than losses post 9/11, IATA chief Bisignani said the airline industry would not be asking for a bailout. He asked for an immediate halt to increasing airline taxation because the funds are being used to fund the banking [...]