Credit Crunch

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Saving the Banks

Alan Schram | Posted 03.25.2009 | Business

Read More: Dollar, Money Market Funds, Fdic, Jeffrey Sachs, Wall Street, Banks, Business News, Credit Crunch, Bank Deposits, Libor, Saving Money, Geithner, Tarp, S&P 500, Financial Crisis, Business News

Housing prices have to fall because they have been inflated for years, but they will ultimately reach an economic equilibrium. When that is accomplished, the financial system will recover.

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Business Credit Crunch: Where it Really Hurts

Tim Berry | Posted 03.25.2009 | Business

Read More: Banks, Small Business, Bank Bailout, Credit Crunch, HuffPost Survey, Economic Crisis, Business News

Last week we asked business owners about business credit: bank loans, commercial credit, SBA loans, etc. Results were not good, as the numbers (below)...

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Geithner's Vague Bad Bank Plan Aggravates Credit Crunch: Analysis

Reuters | Kevin Drawbaugh | Posted 03.15.2009 | Business

Read More: Treasury Department, Bad Bank, Tim Geithner, Credit Crunch, Toxic Assets, Credit Crisis, Toxic Assets Bad Bank, Bad Bank to Buy Toxic Assets, Timothy Geithner, Treasury Secretary, Business News

WASHINGTON (Reuters) - Global credit markets are unlikely to revive as long as the U.S. government continues to dangle the vague prospect of a toxic a...

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We Must Face the Music with Banks

Alan Schram | Posted 03.12.2009 | Business

Read More: Dollar, Fdic, Wall Street, Banks, Business News, Recession, Money Supply, Obama, Stimulus, Bad Bank, Saving Money, Credit Crunch, Deficit, Tarp, Financial Crisis, Housing Market, Stimulus Package, Housing Crisis, Business News

Instead of recapitalizing and subsidizing the foolish and irresponsible banks that got us into this mess, we should let home prices fall to their economic equilibrium.

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Credit Crunch: Is Your Business Getting Squeezed?

Tim Berry | Posted 03.12.2009 | Business

Read More: Banks, Banking Crisis, Small Business Owners, Small Business, Credit Crisis, Credit Crunch, Business Financing, Video, Business News

It should be a simple question, right? How bad is the credit crunch for small business?

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Open Letter to My Mortgage Companies

Francine Hardaway | Posted 03.09.2009 | Business

Read More: Citibank, Crisis, Mortgage, Lehmann Brothers, Aurora Loan Services, Tarp, TARP Money, Money, Economy, Economic Crisis, Mortgage Crisis, Credit Crisis, Arizona, Credit Crunch, Subprime Mortgages, Lehman Brothers, Subprime Mortgage Crisis, Subprime Mortage Crisis, Business News

No, I don't want to move in with my daughters. I want to ask you to re-finance my mortgage at the current value of my house at a 4.2% rate, like everyone in Congress is suggesting.

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Citibank Will Boost Lending By $36.5 Billion

AP | MADLEN READ | Posted 03.25.2009 | Business

Read More: Credit Availability, Lending Crisis, Credit Crunch, Credit Crisis, Lending Standards, Credit Markets Tight, Citibank Lending, Citibank, Bailout Outrage, Business News

NEW YORK — Citigroup, under pressure to increase its lending, says it will spend $36.5 billion to issue mortgages, make credit card loans and bu...

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Don't Demonize Debt

Zachary Karabell | Posted 02.28.2009 | Business

Read More: Economic Stimulus Package, Grameen Bank, Subprime Mortgage Crisis, Economic Crisis, Mortgage Crisis, Credit Crunch, Bad Bank, Economy, Business News

While granting someone with a low income a $300,000 mortgage is absurd, so is granting them zero credit or credit at rates that would make a loan shark blush.

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The Implications of Falling Oil Prices

Alan Schram | Posted 02.27.2009 | Business

Read More: Dollar, Iran, Venezuela, Gold, Business News, Russia, Credit Crunch, Chavez, Oil, Putin, Financial Crisis, Business News

While lower oil prices are welcome news for the US consumer and for consumers in other economies that rely on importing oil, the situation is very different around the world.

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How To Profit From The Credit Crunch: Wall Street Journal

Wall Street Journal | MARK GONGLOFF | Posted 02.18.2009 | Business

Read More: Economy, How to Make Money From the Credit Crunch, Financial Crisis, Credit Crunch, Credit Crisis, How to Make Money Form the Credit Crisis, Business News

Investors shell-shocked by two nasty bear markets in stocks in less than a decade are starting to look elsewhere for good returns. In the wake of the ...

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The Story of 2008: What Went Wrong?

Alan Schram | Posted 02.11.2009 | Business

Read More: Volatility, Credit Crunch, Libor, Leverage, Recession, S&P 500, Fdic, Money Market Funds, Dollar, Wall Street, Bear Market, Business News, Bank Deposits, Saving Money, Deficit, Dow, Tarp, Financial Crisis, Business News

Bear markets are difficult experiences, but they provide unique prospects. I believe we will look at the present U.S. stock market valuations as perhaps the best investment opportunity of a generation.

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How to End the Recession

Alan Schram | Posted 02.06.2009 | Business

Read More: Citigroup, Green Jobs, Credit Crunch, Federal Reserve, Obama, Thomas Jefferson, Libor, S&P 500, Recession, Bush, Dollar, Money Market Funds, Fdic, Paulson, Wall Street, Bailout, Business News, Tax Cuts, Bank Deposits, Saving Money, Deficit, Dow, Stimulus Plan, Financial Crisis, Business News

What should be intuitively clear is that spending is no way to repair our woes. Indeed, spending irresponsibly is exactly what got us in the current lugubrious position.

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Federal Spending Out of Control

Alan Schram | Posted 01.30.2009 | Business

Read More: Dollar, Alexander Hamilton, Wall Street, Business News, Credit Crunch, Saving Money, Deficit, Financial Crisis, Business News

It is not the "government" that hands out these bailout packages and money for projects. We must recognize that government has no money that isn't ours.

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A Credit Crunch Christmas: Lessons for Next Year

Esther J. Cepeda | Posted 01.29.2009 | Chicago

Read More: Christmas Shopping Season, Economic Downturn, Economy, Credit Crunch, Christmas Shopping, Recession, Holidays, Holiday Shopping, Unemployment, Chicago News

I wondered how the six kiddies in my family would take their first - but certainly not last - credit crunch Christmas.

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We Were Punked

David Sirota | Posted 01.20.2009 | Politics

Read More: Ben Bernanke, Wall Street Crisis, Bailout, Economy, Financial Crisis, Credit Crunch, Politics News

What I and other bailout opponents have been saying is that bailout backers sensationalized a real problem to create the belief that if we didn't do something unfathomably unprecedented, the world would end.

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Getting Grounded: An Agenda for the Near Future

Bob Jeffrey | Posted 01.15.2009 | Politics

Read More: Subprime Mortgages, FInancial Markets, Subprime Mortgage Crisis, Financial Crisis, Obama Administration, Obama, Credit Crunch, Recession, Politics News

Discussing good works is fine, but what counts will be values-driven decision-making that puts the communal good, good works and good results at the top of the agenda.

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Chavez After the Oil Boom

Francisco Toro | Posted 01.15.2009 | World

Read More: Oil, Energy, Venezuela, Petroleum, Credit Crunch, Venezuelan President Hugo Chavez, Latin America, Chavez Oil, Socialists, World News

It's the oil-fueled spending boom that accounts for the popularity of the Chavez regime, and there's nothing progressive about it.

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How Big is This Bailout?

Alan Schram | Posted 03.25.2009 | Business

It's not the government's job to make stocks go up. It's their job to ensure stability and confidence to counter the fear and panic now so prevalent all over the world. Markets will find their own equilibrium when that happens.

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Feds unveil plans to unfreeze consumer debt market

AP | JEANNINE AVERSA and MARTIN CRUTSINGER | Posted 12.26.2008 | Business

Read More: College Loans, Finance, Economy, Loans, Credit Crunch, Financial Crisis, Credit Crisis, Credit Issuers, Business News

WASHINGTON — The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt w...

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Paulson Policy Failures

Alan Schram | Posted 03.26.2009 | Business

Read More: Citigroup, John Thain, Market Crash, Credit Crunch, Fannie Mae, Hedge Funds, Libor, S&P 500, Dollar, Fdic, Money Market Funds, Merrill Lynch, Aig, Freddie Mac, Wall Street, Bailout, Financial Services, Lehman Brothers, Business News, Banks, Financial Crisis, Henry Paulson, Warren Buffett, Bear Stearns, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Bailout Outrage, Business News

The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.

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End the Bailout

Alan Schram | Posted 12.21.2008 | Business

Paulson is now on his third plan for how to spend the cash Congress gave him. Nobody knows what he will do next.

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This Guy Predicted The Financial Crisis And Was Derided For It (VIDEO)

Atlantic | Andrew Sullivan | Posted 12.15.2008 | Business

Read More: Mortgages, Peter Schiff, Finance, Economy, Credit Crunch, Financial Crisis, Housing Crisis, Mortgage Crisis, Business News

Watch the contempt from Fox News for Peter Schiff over the past two years: I feel his pain. His economic sense and foresight escaped me. But politi...

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Washington Overreacts

Alan Schram | Posted 12.10.2008 | Business

Read More: Credit Crunch, Hedge Funds, Obama, Libor, S&P 500, Bush, Dollar, Fdic, Money Market Funds, Paulson, Wall Street, Business News, Oil, Henry Paulson, Warren Buffett, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News

Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.

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Why the Stock Market is Cheap Now

Alan Schram | Posted 12.04.2008 | Business

Read More: Volatility, John McCain, Economy, Credit Crunch, Libor, S&P 500, Iphone, Fdic, Money Market Funds, Dollar, Investing, Wall Street, Business News, Stock Market, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News

We are seeing some of the best stock valuations in the last century. Once fear of illiquidity dissipates, the stock market will get back to normal levels.

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Cash is Not King

Alan Schram | Posted 11.27.2008 | Home

Read More: Dollar, Money Market Funds, Fdic, Wall Street, Business News, Market Panic, Credit Crunch, Bank Deposits, Libor, Subprime Mortgages, Saving Money, Dow, S&P 500, Financial Crisis, Home News

If you do not find stock prices cheap now, with the market pulverized 45% in the last year, then you probably should never own stocks.

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