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The Big Apple Loses Luster Wall St. Meltdown Caps a Streak of Defeats ... - Washington PostNEW YORK -- This big, brash, in-your-face city suddenly seems to have lost its mojo. At the beginning of the year, there was supercharged hype over the possibility that two, even three New Yorkers may be squaring off against one another for president ...
McCain nails details, but no game-changer - Chicago Sun-TimesNASHVILLE -- Barack Obama and John McCain left the evil ghosts of their pasts, Bill Ayers and Charlie Keating, at home during their second presidential debate Tuesday night. Though Ayers and Keating figured in much of the sniping in the past days ...
Brown and Darling have bitten the bullet - and set the world an ... - Guardian UnlimitedThose that were asking for a decisive intervention to halt a financial pandemic certainly got it yesterday. It was almost too big for shell-shocked markets to assimilate. Their reaction, in part driven by the mounting sense that this crisis is now ...
Many pieces go flying from mortgage implosion - Dallas Morning NewsWASHINGTON – Your taxpayer credit card is on the counter, all set to get the economy moving again. Caveat emptor – let the buyer beware. The value of the mortgage-backed securities the federal government is set to buy is hard to decipher when the ...
What We Still Don’t Know About the Mortgage Crisis - New York Times BlogsJust today, Senator McCain offered up the oldest Washington stunt in the book: you pass the buck to a commission to study the problem. But here’s the thing; this isn’t 9/11. We know how we got into this mess . It’s one thing to criticize McCain ...
Nearly $20 million - Romeo ObserverNorthern Macomb County could get a share of nearly $10 million to help residents with foreclosures or abandoned homes. The U.S. Department of Housing and Urban Development (HUD) had legislation passed in July, creating a new grant provision called ...
Taking Stock - Smart MoneyGENERAL MOTORS shares sink deeper into the red, currently down 13% and setting another 55-year low. The automaker may conceivably have as much as $18 billion to $20 billion of cash on hand, but since it needs at least $11 billion in working capital ...
Stewards of Capital Gather at NYSE. What Happens Next? Who Knows? - Wall Street JournalThe best minds of our generation are thinking about it , but — sorry, Error 404 – they don’t have an answer to the tangled, worldwide web of the crisis. Which makes sense, because, trillions of dollars later, it has metastasized well beyond any ...
Just Saw This Attack Ad on TV Here in North Carolina - ABC News BlogsThe ad can be watched HERE . The script: "Fannie Mae. Freddie Mac. Dodd. Frank. Raines. Johnson. Pelosi. Barack Obama. They defended Fannie and Freddie. AWOL on reform. "Raines and Johnson ran Fannie, pocketing hundreds of millions of dollars. Fannie ...
Hoping There's Hope - Safe HavenFor the tumultuous week, the Dow (down 36.3% y-t-d) and S&P500 (down 38.8% y-t-d) sank 18.2%. There was no place to hide. The Morgan Stanley Consumer index dropped 14.5% (down 26.2%) and the Utilities were hit for 20.3% (down 39.2%). The Transports ...