Why are we witnessing a re-run of the Wall Street crash of 1929? Socialist Worker, Ireland - Nov 15, 2008 The banks sliced and diced up these loans and spread them throughout the financial system to reduce their own risk. The result was that major finance ...
From The Martian Desk Swans, CA - Nov 16, 2008 Or the fact that US imports are down 5.6 % (good), but US exports are down even further -- 6% (bad). Or the federal government budget deficit that has ...
Is GE about to collapse too? EnerPub, TX - 10 hours ago Billions are tied up in debt consolidation to home equity loans. The division also owns 1800 commercial airplanes, leasing them to 225 airlines worldwide. ...
Michelle Singletary | The Color of Money: HUD's Not-So-Mammoth ... Kitsap Sun, United States - Nov 16, 2008 Now we have so-called major reform, when lending standards are so high and credit so tight it's hard to close on a loan anyway. OK, so I guess now is better ...
The cost of losing yourself Stuff.co.nz, New Zealand - 9 hours ago And those losses of personal information, all from last month, were the ones made public. October, though, was not alone as a bad month. ...
Drop in gas prices helps, but energy battle isnt over Kansas City Star, MO - 21 hours ago Stunning declines in energy prices since summer stand out amid the gloom of bad economic news. Motorists in Kansas City and around the nation are paying a ...
Tough times for real estate agents, bankers Northwest Herald, IL - 15 hours ago Those types of loans have taken a large share of the blame for the collapse of the housing market and the credit crisis. "I've had to turn away more ...
DBS launch a new portfolio of niche loan websites 1888 Press Release (press release), TX - 22 hours ago Selecting 12 niche areas of the UK loan market, including bad credit secured loans, car loans, unsecured loans and debt consolidation loans, ...
Till Debt Do You Part: Owner-ops hit hardest in cash crunch Today's Trucking News - 20 hours ago "I'd say get your ship in order -- get your personal stuff paid for -- so you have room to deal with the tidal wave of bad times as they come in. ...
When you owe more than home is worth: 25% who bought in Tucson ... Trading Markets (press release), CA - Nov 16, 2008 "In our neighborhood, some of the people were really targeted, as far as the bad loans," he said. "I think in our area there were probably a little more ...
Car dealer offers options Kankakee Daily Journal, IL - 8 hours ago Rent-to-own and buy-here-pay-here are sometimes used as subprime loans, which means they are geared for people with bad credit and may carry higher interest ...
Interview: John Stewart - Home is where the heart is Scotsman, United Kingdom - Nov 15, 2008 NAB has not escaped the problem of bad debts, which are rising in Australia as elsewhere, and last week's cash call to raise A$2bn to strengthen the balance ...
Holiday shoppers picking cash over credit: survey Bangladesh News 24 hours (subscription), Bangladesh - 12 hours ago After years of using credit cards and home equity loans to support their lifestyles, holiday shoppers this year plan to use a greater proportion of cash to ...
The Origins of the Financial Crisis: Who's to Blame? Part II Motley Fool - Nov 15, 2008 We knew people making $60000 per year getting loans for $500000. They had good credit, professional jobs, and there was no way they could ever pay off their ...
NORTH: New world financial order Washington Times, DC - Nov 15, 2008 ... to bail out an insurance giant, mortgage companies and financial institutions that made bad loans and extended credit to borrowers who couldn't pay. ...
US holiday shoppers picking cash over credit-survey Hemscott, UK - 14 hours ago After years of using credit cards and home equity loans to support their lifestyles, holiday shoppers this year plan to use a greater proportion of cash to ...
