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The Fed's Potentially Very Bad Policy - Seekingalpha.comIncoming data confirms that the economy slid into the heart of the recession in the fourth quarter. The ISM nonmanufacturing report posted a stunning decline in service sector activity. Like its manufacturing cousin, the underlying details were ...
Transcript: Howard Lutnick - ForbesWelcome, I'm Steve Forbes. It's a pleasure and privilege to introduce you to our featured guest, Cantor Fitzgerald CEO Howard Lutnick. He'll tell us why October was his company's best month ever. But first...This ongoing financial crisis is driven by ...
'NO-BAILOUT' BLUES - New York PostA federal plan to bail out homeowners struggling to make subprime mortgage payments is anything but a freeze-for-all: While it saves some New Yorkers from deepening debt, their next-door neighbors are left to drown. In Jamaica, Queens, Evelyne ...
Welcome Home, Don! - East Bay ExpressThis week, outgoing state Senator Don Perata finally begins his long ride into the Sacramento sunset. No more highballs with the governor or caucus poker nights, no more calls from the LA Times . Now, it's just you and Oakland, Mr. P. Since you're so ...
Bank sues over Monterra loans - Monterey County HeraldAn Upland bank has sued Monterey County Bank and its president, Charles Chrietzberg Jr., for alleged fraud for failing to foreclose on a number of loans to Roger and Basil Mills and Monterra Ranch Properties LLC. Golden State Bank, which bought ...
City council quickly OKs budget, park plan funds - Antigo Daily JournalThe Antigo Common Council roared through its agenda Wednesday, quickly wrapping up work on a 2009 budget and a $3.4 million levy and advancing plans for improvements to the city’s newest playground and park. Mayor Sam Hardin presided, assisted by ...
Alleviating the global banking crisis - Lebanon Daily StarAs everyone knows, a number of Western banks have either collapsed, been wholly or partly nationalized or are still in intensive care. The pumping of trillions of dollars by governments into the ailing banking system was an attempt to stem the ...
Condo Meltdown - Daily Business Revieweatriz Bustos has been trying to sell her Brickell condo for about a year. She has found a few prospects and has gotten close to sealing a deal several times but all the potential buyers ran into the same obstacle — they couldn’t get financing ...
Roll Your Own Bailout, It's Easy! - Huffingtonpost.comHave you actually read the bill that Secretary Paulson and his Goldman assistants wrote for Congress? Not the current version (I shudder thinking about it) with all its inserts from financial industry lobbyists, but the first version. It was ...
Obama presses edge on the economy - Las Vegas SunSen. Barack Obama spoke at the Doolittle Community Center about a year ago, and the working class crowd began streaming out before he was even finished. This was just after Sen. Hillary Clinton ran the table on the Sunday talk shows, and Obama’s ...
Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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