60 million mortgages with fatal defects in title could give aggrieved homeowners and securities holders the crowbar they need to exert some serious leverage on Congress.
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The qualities present in fish and monkeys, being social and caring about their fellows, have gone missing in some bankers.
Baker: "For most economists, the idea that a market would take leave from its senses -- that it would be driven by speculation -- is almost inconceivable."
The documentary, I.O.U.S.A, was recently brought to my attention and it will probably be the most sobering clip that you will ever see about the state of the economy.
This post has the latest news on the billions in subsidies which off-shore transplant carmakers have received from state and local governments.
Late last night, Senate Republicans derailed a bill, passed the day before by the House, to loan $15 billion to the Detroit Three, with 10 Republicans joining 40 Democrats and two Independents in favor.
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