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Consumer Queen Melissa Garcia Shares Frugal Shopping Tips

http://www.wowowow.com

In the latest trend of women empowering women through these tough times, a 33-year-old recession-conscious mother has taken to the Web to share her money-saving advice. Melissa Garcia, of Edmond, OK, calls herself the "The Consumer Queen" and founded a website, consumerqueen.com, where she posts the best sales, frugal tips, special promotions and more. The bargain hunter also hosts her own YouTube broadcast. According to her website, Garcia saved more than $10,000 in 2007 by using coupons and tracking product reviews, sales and special promotions. For her on-air program, Garcia shares her shopping secrets — including how to score $300 worth of groceries for only $20.

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On the Web, No One Can Hear You Scream

http://bits.blogs.nytimes.com

Can big Internet companies actually provide responsive customer service? Two items today raise this question for me and tell two versions of the all too familiar story of someone who simply can’t get anyone at a Web site to answer the telephone and fix something that has gone awry. The Washington Post today tells the tales of Caitlin Batman Shaw, Tim Six, Becky Super and Bess Pancake. All of them were summarily prevented from creating their own Facebook page because the site’s computer didn’t believe that they had real names. It took Ms. Shaw three weeks and several rejected appeals to get her rightful place in the world’s social graph.

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Created by Dr Who 4 years 21 weeks ago – Made popular 4 years 19 weeks ago

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Stocks Drop Worldwide, Treasuries Gain on Concern About Economy

http://www.bloomberg.com

Stocks slid worldwide, sending the Dow Jones Industrial Average below 7,000 for the first time since 1997, and Treasuries rose after Warren Buffett said the economy is in “shambles” and American International Group Inc. posted the largest corporate loss in U.S. history. Berkshire Hathaway Inc. fell 4.7 percent following the worst drop in book value in Buffett’s career at the company. Citigroup Inc. tumbled 20 percent as AIG posted a $61.7 billion quarterly loss and HSBC Holdings Plc said it needs to raise capital, triggering the worst plunge in U.K. banks since at least 1985. Exxon Mobil Corp., the world’s biggest company by market value, fell as oil slid 10 percent. General Electric Co. sank below $8 for the first time since 1994.

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the insurance giant reports daunting quarterly losses of $61.7 b

http://www.businessweek.com

Citing the "systemic risk" that would follow the collapse of insurer American International Group (AIG), the government on Mar. 2 announced another bailout for the company, restructuring the terms of existing loans and extending another $30 billion in credit. Meanwhile, AIG reported a huge loss of $61.7 billion in the fourth quarter—the largest in American corporate history. Most of the losses result from restructuring charges and writedowns on the value of assets. The new rescue effort—which gives the government equity in two of AIG's life insurance holding company subsidiaries—comes as efforts by AIG to shed assets to pay off a $60 billion loan from the Federal Reserve have faltered and rating agencies threatened to downgrade the company's credit. And it's not clear the Mar. 2 intervention by the government will be the last. That "depends on what happens to the capital markets in the near term," AIG CEO Edward Liddy said in an interview on the cable channel CNBC.

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Created by Dr Who 4 years 21 weeks ago – Made popular 4 years 21 weeks ago

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Golf After Bailout at Northern Trust Prompts Outcry

http://www.bloomberg.com

Representative Barney Frank, the chairman of the House Financial Services Committee, yesterday co-signed a letter with 17 colleagues demanding that Northern Trust return money spent on the event. Senator John Kerry said he would introduce a bill banning firms getting U.S. aid from paying for conferences and parties.

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Created by Dr Who 4 years 22 weeks ago – Made popular 4 years 22 weeks ago

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Bernanke confident can keep U.S. inflation at bay

http://www.reuters.com

"We are quite confident that we can raise interest rates, reduce the money supply and do that all in a timely way to avoid any inflationary consequences," Bernanke told the House of Representatives Financial Services Committee as he delivered a second day of testimony on the Fed's monetary policy report.

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Created by Dr Who 4 years 22 weeks ago – Made popular 4 years 22 weeks ago

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