Business News tagged with foreclosures |
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US Administration Unveils Next $250B Bank Bailout
Business  Robert - 16 hours ago - msnbc.msn.com The U.S. government to directly buy $250 billion dollars worth of shares, within the nation's banks. These drastic steps were never meant to be taken!
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Europe: $2.3 Trillion Dollars On The Line For Banks
Business Robert - 1 day ago - msnbc.msn.com Europe is putting up $2.3 trillion dollars to their banks, in order to try and stop the lit fuse from going into the economic powder-keg, which would cause a global financial meltdown.
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Derivatives Market: Globalization Time-Bomb
Business Robert - 1 day ago - money.cnn.com The Derivatives Market is a worldwide hidden market, and set to explode into the 'next' financial crisis. The destructive nature of this market could become the prelude to massive hyper-inflation leading to a Global Depression!
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Dow Dips Below 8,000; Anxiety, Anger at All Time Highs
Business  Jan - 2 days ago - alternet.org What has basically been a decades-long slump for most working people -- with wages stagnating and the costs of education, health care and everything else rising -- has spread to those at the top, to the movers and shakers
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 Business  Michael - 2 days ago - socialistworker.org Adam Turl explains how pressure from below persuaded the Cook County sheriff to stop putting people out of their homes.
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 Business  Neal - 3 days ago - nytimes.com "For more than a decade, the former Federal Reserve Chairman Alan Greenspan has fiercely objected whenever derivatives have come under scrutiny in Congress or on Wall Street." A year ago, this stuff was financial arcana, today it is vitally important!
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Analysis: The End of American Capitalism?
Business Robert - 4 days ago - msnbc.msn.com The erupting U.S., and now worldwide financial crisis, may end our American way of life!
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 Business  Gwen - 5 days ago - news.yahoo.com Sen. John McCain (R-Ariz.) made an overnight change in the homeowner bailout he proposed at Tuesday's presidential debate,
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 Business  Deborah - 6 days ago - money.cnn.com Paulson said he would discuss with his counterparts in G7 countries what more can be done collectively to stabilize the financial system. He said he will be calling for a meeting of the G20, which includes countries with emerging economies.
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 Business  Patricia - 8 days ago - news.yahoo.com SAN FRANCISCO - Here's a safe bet for uncertain times: A lot of banks won't survive the next year of upheaval despite the U.S. government's $700 billion plan to restore order to the financial industry.
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2009: Your Bank Could Be Next
Business Robert - 8 days ago - msnbc.msn.com Do not panic; however, financial officials are expecting a rise in bank closures through 2009, and this is with the $700B Bailout Rescue Plan enacted. Damage control is the government's thought of the day, and financial institutions are on failure alert.
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World Markets Plunge As Turmoil Spreads
Business Robert - 8 days ago - msnbc.msn.com Financial markets around the world are reeling with negative reactions to the current U.S. economic crisis, and are not being optimistic in regard to the $700B Bailout Rescue Plan's intended effects. Turmoil is spreading through Asian and European markets
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 Business  Tinkie - 9 days ago - countercurrents.org The bailout is focused on the wrong end of the problem. The bailout should be focused on the origin of the problem, the defaulting homeowners. Stopping the problem at it's origin would restore the value of mortgage based derivatives and end the crisis
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$700B Bailout Is Law
Business Robert - 11 days ago - money.cnn.com After two weeks of struggle and often emotional debates, President George W. Bush has signed the Bailout Bill into law. He was prepared with pen in hand, and anxiously awaiting it's arrival.
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House Passes $700B Bailout Bill - 263 to 171
Business Robert - 12 days ago - money.cnn.com After a week-long of wrangling by lawmakers, the House passed the Bailout Bill 263:171. Next, onto President George W. Bush awaiting to sign, and make into a law. The reality of the financial crisis swung many votes today.
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