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FDIC Chief Sheila Bair: Bailout Helps Banks, Does Little for Homeowners
Business  (tags: Sheila Bair, FDIC, bailout, banks, mortgages, brokerage firms, homeowners )

RC
- 1678 days ago - online.wsj.com
In a break with other top administration officials, the head of the Federal Deposit Insurance Corporation (that insures our bank savings up to a temporary limit of $250,000) sharply criticized the current bailout for institutionalizing its rescue efforts.
7 comments
Bail Out the Homeowners!
Business  (tags: society, politics, government, ethics, foreclosures, bailout, Banks and Banking, homeowners )

Tinkie
- 1688 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
1 comment
Wildfires Prompt Insurance Worries -- Courant.Com
Business  (tags: insurance, natural disasters, homeowners, fire )


- 2033 days ago - courant.com
Despite reassurances from state officials, homeowners in fire-ravaged Southern California might have plenty to worry about when it comes to their home insurance.
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