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Preserving Homeownership - Voiceof San Diego
Mayor Jerry Sanders formally announced the city's plan to spend $9.4 million in HUD grants at a press conference earlier this afternoon. Housing Commission officials are slated to present the plan this afternoon in the City Council meeting. Along ...

A Hanging Offense - Wall Street Journal
Yesterday we noted a story about liberals, prompted by the election of Barack Obama, making sudden shows of patriotism after shunning such displays for the past eight years. We wondered if the same thing had happened on the other side--that is, if ...

Sanders asks Paulson to block bonuses - Boston Globe
BURLINGTON, Vt.— Vermont's junior senator is asking Treasury Secretary Henry Paulson to block bonuses for executives at the nation's nine largest banks that were recently propped up with taxpayer funds. Sen. Bernie Sanders has written to Paulson ...

Senator asks Paulson to block bonuses - KRON4
BURLINGTON, Vt. (AP) - Vermont's junior senator is asking Treasury Secretary Henry Paulson to block bonuses for executives at the nation's nine largest banks that were recently propped up with taxpayer funds. Sen. Bernie Sanders has written to ...

Arizona mortgage failures fuel crisis - Arizona Daily Star
1. A borrower takes out a loan from a lender to buy a home or to refinance. The borrower makes payments to the lender or a servicing company, which may buy the rights to receive payments. 2. The lender pools the loan with other loans and sells them ...

South Florida’s largest credit union tries to tame a problem-filled ... - MSNBC
Credit unions have been ignored by most of the national media and government officials determined to help sagging banks, but one of the most troubled financial institutions in South Florida is its largest credit union. After suffering an $18.2 ...

Bumpy ride almost over at Landry's? - Houston Chronicle
InAugust 2007, Landry’s Restaurants opened the Boardwalk Bullet, a wooden roller coaster in Kemah. Investors have been getting wounded ever since. The new ride served as an omen to Landry’s investors, coming the same month that Landry’s settled ...

GMAC mortgage lender teeters toward bankruptcy - International Herald Tribune
NEW YORK : Residential Capital, an affiliate of General Motors, may soon join the ranks of U.S. mortgage lenders that failed to navigate the deepening housing crisis. The possibility of its failure rose after GMAC, its parent, said Wednesday that ...

Barney Frank to address Boston business group - Boston Globe
A Massachusetts congressman who has played a crucial role in the government’s response to the financial crisis is speaking today in Boston. US Representative Barney Frank, the Newton Democrat who chairs the House Financial Services Committee and ...

Russia's financial crisis fortifies Kremlin's hand - ScrippsNews
MOSCOW -- In Russia, the power is suddenly in the hands of those who hold the cash, over those who can't get any. That became clear Thursday, as the Kremlin, which until recently held $500-billion in cash reserves, answered the pleas of the country's ...

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