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The Unraveling of AIG

Once the gold standard in the insurance industry, AIG is the latest victim of the meltdown in the credit markets

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DJIA 10917.51 -504.48 graph of Dow Jones Industrial Average intraday activity
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Wall Street in Crisis

Merrill Lynch is sold to Bank of America, Lehman Brothers files for bankruptcy protection, and AIG stock plunges on news it seeks infusion of cash. BusinessWeek's Peter Coy and David Henry on what the news means for you

Featured Review

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Enlisting Father Profit to Save Mother Earth

Tom Friedman makes a gripping political, environmental, and economic case for green innovation

 

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BusinessWeek Knowledge Centers

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Small Business Confidence Index

Experience a podcast and white paper on the attitudes and outlooks of today's small business owners.
December 2007/January 2008 Update

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News & Analysis

Surviving the Wall Street Quake

Listen up: Here's how the big shakeup could affect your portfolio—and what you can do to protect it

Making Sense of the Meltdown

S&P's Sam Stovall cautions against stepping into the battered financial sector amid the current market turmoil

GAO: U.S. Cybersecurity Is Weak

The Government Accountability Office says the team responsible for protecting private- and public-sector computers isn't up to snuff

The New Math on Oil

The sharp drop in crude prices is further fallout from the Wall Street crisis and evidence of economic weakness

Why Delhi Bombings Target Business

In strikes against busy markets and upscale shops, the shadowy Indian Mujahideen is going for "maximum chaos" and "maximum financial damage," police say

ExecutiveSummary

Our twice-daily roundup of the most important business news from around the Web

Technology

Tech Stocks: No Safe Haven

Investors looking for a port in the storm won't find it in tech stocks, which have been hurt by the dollar's rally and tighter IT budgets

Is the U.S. Losing Its Edge in Tech?

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Global Business

Lehman Shock Waves Hit European Bourses

Buying Lehman Brothers was a risk Barclays ultimately refused to take, adding to investor fears about the state of Europe's finance industry

Can Xperia Redefine Sony Ericsson?

China's Top Trade Official: Don't Abandon the Doha Round

Panasonic's Camera Strategy: Women & Children First

Managing

Guiding Highfliers to the C-Suite

Four steps to steering high-potential talent through the roadblocks, detours, potholes, and side trips on the road to corner offices

The Drucker Difference: Put a Cap on CEO Pay

How to Chrome Your Industry

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Business Schools

Duke Rethinks Idea of a Global Campus

Fuqua B-School's new international MBA program will be conducted in six cities abroad. First program will be in London, New Delhi, and Dubai

MBA Admissions Tips

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The Debate Room

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Charter Schools Get Top Marks

Primary and secondary schools created via private funding and effort exceed conventional public schools in quality. Pro or con?

 

IN YOUR FACE: WALL STREET'S PERFECT STORM

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Reader MetryJen Writes:

"I, for one, am glad we're not bailing out Lehman Bros., or any of the others. These companies made billions by investing in dubious sub-prime scams."