Author of “Too Big to Fail” Andrew Ross Sorkin shares the moment-by-moment of how the greatest financial crisis since the Great Depression developed into a global tsunami. Sorkin visits with Kurt Schemers on Traders Nation(tm)

* Obama warns of double-dip recession, loss of confidence
* Delicate balance to expand economy and reduce debt
* Obama eyes export growth to fuel job creation
* Tax provisions could encourage businesses to hire sooner (Adds quotes, NBC interview, background)
By Caren Bohan
BEIJING, Nov 18 (Reuters) – President Barack Obama gave his sternest warning yet about the [...]

By Eric Zimmermann
ACORN and its affiliates received $200,000 in Justice Department grants between 2002 and 2009, according to a report issued Friday by the department’s inspector general.
No DOJ grants went directly to ACORN, but a handful of grants were awarded either to ACORN affiliates or to other organizations that sub-contracted projects to ACORN.
The report, requested [...]

By: Jeanne Cummings
He may have promised to change Washington, but President Barack Obama is continuing one of its most renowned patronage traditions: bestowing prized ambassadorships on big donors.
Of the nearly 80 ambassadorship nominations or confirmations since Obama’s Inauguration, 56 percent were given to political appointees and 44 percent have gone to career diplomats, according [...]

When President Barack Obama landed in Beijing on Monday on his first state visit to China, his first order of business was family business.
Before he headed to a formal dinner with China’s President Hu Jintao, he set aside time to see his half brother, Mark Ndesandjo, and Ndesandjo’s wife, who had flown up from [...]

The first applications were accepted on Monday for internationalised domain names (IDNs), in one of the most significant steps to making the Internet more accessible around the globe.
The Internet Corporation for Assigned Names and Numbers (ICANN) has opened the application process, ending the exclusive use of Latin characters for website addresses.
On the first day, “we [...]

NEW YORK (AP) – Investigators in New York City raided circulation offices at some of the nation’s largest newspapers Tuesday as part of a union corruption probe, a law enforcement official said.Police officers working with the Manhattan district attorney’s office searched circulation offices of The New York Times in Queens, the New York Post and [...]

Human Error Blamed for Crediting New Stimulus Jobs to Nonexistent Places
By JONATHAN KARL
Nov. 16, 2009—
Here’s a stimulus success story: In Arizona’s 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal stimulus spending. At least that’s what the Web site set up by the Obama administration to track the $787 [...]

by Kurt Schemers
Socialism is a European illness. Unfortunately, since the days of Woodrow Wilson and the League of Nations it has slithered its way like a lying serpent into the upper most pillars of American government disguised as “hope” and “change.”
Millions of Americans took the bait last year because the idea sounded like a good [...]

President Barack Obama bowed low to Japanese Emperor Akihito and Empress Michiko, and then added a number of smaller bows, before lunching with the couple on Saturday.
Obama, who is in the midst of a trip to Asia, went to the Imperial Palace in Tokyo for a rare meeting with Akihito and greeted him in the [...]