U. of C. heavyweights weigh in on a bailout
Last Monday, in the cafeteria at the University of Chicago business school, a knot of free-market economists drafted a petition against the $700 billion plan to bail out the financial...
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As deal neared, games began
To most Americans looking on in mixed states of panic and disbelief, the effort to rescue the financial system from meltdown last week was a scary stew of power politics,...
Jackson eclipsed in the age of Obama
In this periodic series, the Tribune examines the nation's enduring struggles over race. For most of Jesse Jackson's life, his trademark declaration — "I am somebody!" — has been self-evident....
$11,680,000,000
Exxon Mobil Corp. reported the richest corporate operating profit in history, prompting a critical outburst from presidential candidate Barack Obama and fueling simmering public fury about high-priced gasoline. Despite the...
After flood: Mud and impatience
The record flooding that hit downtown Cedar Rapids a month ago has produced wrenching changes -- wiped-out neighborhoods, a business district without electricity, possible damage to the historic City Hall...
Despite the risk, few buy insurance against floods
Floodwaters that raged through Cedar Rapids tore the sunroom off the back of Joseph and Dawn Zamastil's two-story house, engulfed the first floor and turned the basement into a pool...
Floods tie commerce in knots
If roads, rivers and railroad tracks are the arteries of commerce, then the flooding in Iowa, Illinois and Wisconsin adds up to a heart attack to the nation's midsection. The...
Sandbags, steely resolve downriver
Near the water's edge on Jefferson Street, Louise Vaughan, a slight woman with strong hands, lugged cartons of bottled water near where volunteers were filling sandbags. As the Mississippi rose...
Top UN official urges U.S. cooperation
UN Secretary General Ban Ki Moon expressed optimism Friday about mediation efforts in Kenya and frustration about Iran's intransigence on nuclear issues and urged more U.S. support for the UN's...
A Sears turnaround, or turn and run?
At a Seattle gathering of CEOs in May, Crate & Barrel retail visionary Gordon Segal sat next to billionaire investor Edward Lampert and asked: Why did you buy Sears? He...