Posts Tagged ‘biggest’

Feds sue biggest US banks over risky mortgages (AP)

FILE - In this July 13, 2010 file photo, Bank of America's headquarters are shown in Charlotte, N.C. The government has sued the nation's largest banks, along with a handful of other financial institutions and executives, for violating federal and state laws in the sale of home mortgage-backed securities. Among the 17 institutions targeted by the lawsuits were Bank of America Corp., Citigroup Inc., JP Morgan Chase & Co., Goldman Sachs.  (AP Photo/Chuck Burton, File)AP – In a sweeping move, the government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed.


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Nation’s biggest subway system to stop for Irene (AP)

People at Coney Island in the Brooklyn borough of New York experience sunny weather while Hurricane Irene bears down on the eastern seaboard further south, Friday, Aug. 26, 2011. The low number of visitors at the typically crowded beach reflects the wind, rain, and flooding dangers the storm poses to the already saturated New York state. (AP Photo/John Minchillo)AP – The nation’s largest subway system and arriving flights at the five main New York City-area airports were preparing to shut down Saturday as Hurricane Irene spun its way up the Eastern Seaboard, forcing more than 300,000 evacuations and dimming lights at Citi Field and on Broadway.


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Obama: ‘Lone wolf’ terror attack biggest concern (AP)

President Barack Obama visits Maquoketa High School students, Tuesday, Aug. 16, 2011, in Maquoketa, Iowa, during his three-day economic bus tour. (AP Photo/Carolyn Kaster)AP – President Barack Obama said Tuesday that a “lone wolf” terror attack in the U.S. is more likely than a major coordinated effort like the Sept. 11 attacks nearly a decade ago.


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Analysis: Perry may pose biggest threat to Romney (AP)

FILE - In this July 27, 2011, file photo, Texas Gov. Rick Perry speaks at a ceremonial bill signing for a new tort reform measure in Houston. According to Perry spokesman Mark Miner, the Texas governor will announce on Saturday, Aug. 13, that he is running for president. (AP Photo/Pat Sullivan, File)AP – The biggest rumblings in the Republican presidential campaign are coming from Austin, Texas — 1,000 miles from the leadoff caucus state where front-runner Mitt Romney and seven opponents squared off ahead of an important test vote this weekend.


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Market gives Obama thumbs up! Stocks see biggest one-day gain in months

Stocks posted their biggest one-day gain since March yesterday as investors focused on upbeat earnings news and hopes rose for a deal in Washington that would keep the United States from default.

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US and others plan biggest release of reserve oil (AP)

In this June 21, 2011 photo, Shell gas worker Toke Fusi lowers gas prices at a Shell gas station in Menlo Park, Calif. Wary of a new surge in gas prices, the Obama administration has decided to release 30 million barrels of oil from the country's emergency reserve as part of a broader international response to lost oil supplies caused by turmoil in the Middle East and North Africa, particularly Libya. (AP Photo/Paul Sakuma)AP – The United States and other nations that depend on oil imports said Thursday they will release and sell 60 million barrels of crude from emergency stocks in an effort to ease the strain high oil prices are putting on the global economy.


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Rapper Lupe Fiasco calls Obama nation’s ‘biggest terrorist’

The Chicago rapper called Obama the nation’s “biggest terrorist” during an interview on CBS’ “What’s Trending” Tuesday.

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