|
Everyone shares blame for our economic downturn (BizJournals)
The blame game for the bad economy and credit meltdown has been endless, particularly during the recent political season (thank goodness it’s over). Is it the “failure of free market capitalism” as the left suggests, or “social engineering gone bad” as some on the right offer?
us.rd.yahoo.com
Citigroup bailout doesn't calm jitters over 'toxic' assets (The Christian Science Monitor)
Rescue plan leaves troubled mortgage-backed securities on bank's balance sheet.
us.rd.yahoo.com
A look at economic developments around the world (AP via Yahoo! Finance)
A look at economic developments and stock-market activity around the world Monday: ------ LONDON -- Royal Bank of Scotland Group PLC said it would give homeowners who miss mortgage payments at least six months before starting repossession action -- double the three months it used to give.
us.rd.yahoo.com
Rates cut to 4.25pc (Australian Broadcasting Corporation)
The Reserve Bank of Australia (RBA) has slashed the official interest rate by 100 basis points to 4.25 per cent.
us.rd.yahoo.com
A look at economic developments around the world (INO News)
LONDON _ Royal Bank of Scotland Group PLC said it would give homeowners who miss mortgage payments at least six months before starting repossession action _ double the three months it used to give.
us.rd.yahoo.com
Engineering chief insists firms are tough enough to survive (The Herald)
Scotland's manufacturing sector may be battered amid a crippling credit crunch and a devastating downturn in demand, but most of its companies are tough enough to withstand the global recession, Dr Peter Hughes, chief executive of Scottish Engineering, told The Herald yesterday.
us.rd.yahoo.com
How To Cope With The Flood Of Foreclosures? (Forbes)
While Wharton profs agree this is the central question of the financial crisis, the answers are still cloudy.
us.rd.yahoo.com
Florida Moves to Provide Relief on Foreclosures (Time Magazine)
Governor Crist scrambles to sign on banks for a ninety day moratorium on home foreclosures
us.rd.yahoo.com
Trying to end the mortgage-rate lag (CNN Money)
Bad news is good news for Treasury investors, and recently, there has been a whole lot of bad news. Mortgage rates, however, have not fallen with Treasury yields, but an $800 billion government bailout could change all of that.
us.rd.yahoo.com
Massive new programs aimed at loosening credit (The Journal News)
WASHINGTON - Rolling out powerful new weapons against the financial meltdown, the Bush administration and the Federal Reserve pledged $800 billion yesterday to blast through blockades on credit cards, auto loans, mortgages and other borrowing.
us.rd.yahoo.com
|
