December 9, 2008 - If the current recession started last December, as the latest findings from the National Bureau of Economic Research clearly indicate, then it stands to reason that, considering things have gotten a lot worse since then, we're a lot closer to a depression than anyone has realized. Perhaps we're...
Filed under: Automaker Bailout,
Bailout,
Big Three Automakers,
Consumer Confidence,
Consumer Spending,
Detroit Three,
Economic Crisis,
Economic Downturn,
Economy,
Entertainment,
Fannie Mae Freddie Mac Bailout,
Federal Reserve,
Financial Crisis,
Great Depression,
Henry Paulson,
Humor,
Lifestyle,
Living,
Mortgage Crisis,
Obama Transition,
Personal Finance,
Political Satire,
Recession,
Recession Watch,
Satire,
Sex,
Sexuality,
Subprime Mortgage Crisis,
Subprime Mortgages,
Treasury Secretary,
Unemployment Rate
August 4, 2008 - Since I haven't taken an economic course in a very long time, I've been waiting for somebody, anybody, to take all of the current financial hubbub out of mumbo jumbo and translate it into words I can understand. And Reuters...
Filed under: subprime mortgages,
housing bubble,
Bush 3.9 billion,
3.9 billion,
Bush recession,
Bush economy,
Bush economy speech,
George W Bush economy,
Bush Freddie Mac,
Bush Fannie Mae,
Bush Fannie Mae bailout,
Bush Freddie Mac bailout,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke
July 23, 2008 - President Bush has caved on the housing crisis, finally agreeing to sign legislation to settle the turbulent housing market Wednesday, even though the bill helps poor people a little too much for the stock market's liking. The bill could become law as early as this week...
Filed under: subprime mortgages,
housing bubble,
Bush 3.9 billion,
3.9 billion,
Bush recession,
Bush economy,
Bush economy speech,
George W Bush economy,
Bush Freddie Mac,
Bush Fannie Mae,
Bush Fannie Mae bailout,
Bush Freddie Mac bailout,
Freddie Mac,
Fannie Mae,
Fannie Mae bailout,
Freddie Mac bailout,
foreclosure,
foreclosure rate,
mortgage crisis,
subprime mortgage crisis,
Freddy Mac,
Fed bailout,
Henry Paulson,
Ben Bernanke
June 19, 2008 - Federal authorities announced Thursday that two major players in the mortgage meltdown have been indicted for basically infuriating homeowners and pissing off mortgage brokers. The pair, Ralph Cioffi a...
Filed under: Bear Stearns,
Bear Stearns Buyout,
Bear Stearns Collapse,
Bear Stearns Subprime,
Fbi Mortgage Arrests,
Matthew Tannin,
Mortgage Arrests,
Mortgage Fraud,
Mortgage Indictments,
Mortgage Schemes,
Ralph Cioffi,
Subprime Bailout,
Subprime Loans,
Subprime Mortgage Crisis,
Subprime Mortgage Fallout,
Subprime Mortgages,
Business News
March 20, 2008 - "BBC News" covers the rising trend of tent-cities, or "Hoovervilles" in LA...
March 18, 2008 - Economic meltdown looms, and Federal Reserve Chairman Ben Bernanke is doing what he does best: lowering interest rates. At least, that's what financial experts are saying following the collapse of Bear St...