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Default

Risk Of New Government Defaults Worries Investors

ft.com | Rachel Sanderson and Gillian Tett | Posted 12.28.2009 | Business

Read More: Moody's, Sovereign Debt, Government Debt, National Debt, Government Bankruptcy, Default, Debt Default, Western Economies, Business News

After two years of worrying about mortgage and corporate risk, attention is now shifting to managing the risk of country defaults and bankruptcies of ...

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New American Dream: Default, Then Rent

Wall Street Journal | Posted 12.09.2009 | Business

Read More: Mortgage, Loans, Default, Rent, Homes, Housing, American Dream, Housing Crisis, Financial Crisis, Business News

People's increasing willingness to abandon their own piece of America illustrates a paradoxical change wrought by the housing bust: Even as it tarnish...

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Dubai Completes 110 Story Middle Finger!

Tom Gregory | Posted 11.29.2009 | Comedy

Read More: Dubai, Bad Loans, Banks, Madoff, Default, Economy, Banking, Banking Crisis, Stock Market, Ben Bernanke, Burg Dubai, Burj Dubai, Comedy News
Tom Gregory

Visible from space, Dubai has completed construction of the World's largest structure, the 110 story "Burj Dubai Middle Finger Tower."

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Declaring America in Default on Promissory Note: LGBT Rights

Bill Donius | Posted 11.04.2009 | Politics

Read More: Gay Rights, Default, Gay Marriage, Civil Rights, Politics News
Bill Donius

America is in default because my friend was nearly beaten to death in the 1990s, because of DADT, and because many in this country are afraid to be who they are at work for fear of being terminated.

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Economic Recovery? History Says No Way. Not Yet.

Eric Schurenberg | Posted 10.24.2009 | Business

Read More: Jeremy Siegel, U.S Treasury Bonds, Inflation-Protected Bonds, Default, CBS MoneyWatch.Com, Kenneth Rogoff, Tips, Carmen Reinhart, Budget Deficit, Asian Currency Crisis, Business News
Eric Schurenberg

Both the boom and its panicky finale fit neatly into a long, human tradition of greed, self-deception and financial folly. We're human. We can't help it. Sigh.

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The US Dollar: Don't Just Do Something, Stand There!

Marshall Auerback | Posted 10.15.2009 | Business

Read More: Fed, Credit Crisis, Default, Inflation, Dollar, Interest Rate, Depreciation, Business News
Marshall Auerback

It seems there isn't a day that goes by without more commentary on the demise of the dollar and the concomitant risk of a collapse of the world's reserve currency.

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Bank of America Trailing Behind Other Banks In Mortgage Relief

Washington Post | Renae Merle | Posted 10.12.2009 | Business

Read More: Geithner, Baillout, Mha, Bank of America, Homeowners, Foreclosure Prevention, Making Home Affordable, Mortgage Crisis, Foreclosure Rates, Loan Modifications, Mortgage, Countrywide, Lenders, Finance, Default, Making Home Affordable Program, Mortgage Relief, Treasury, Banks, Foreclosure, Timothy Geithner, Housing Crisis, Business News

Bank of America employees are reminded every day of how far they still have to go. Just outside the elevators of their vast third-floor command center...

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Bank Of America Won't Hike Card Rates

Washington Post | Nancy Trejos | Posted 10.07.2009 | Business

Read More: JP Morgan Chase, Interest Rates, Chase, Default, Bofa, Bank of America, Credit Card Rates, Dodd, Congress, Obama, Barack Obama, House Financial Services Committee, Business News

Bank of America said it will not raise credit card interest rates before February, when a law restricting industry practices takes effect, unless a ca...

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Mortgage Re-Default Rates. Be Scared. Be Very Scared.

Peter Schwartz | Posted 01.08.2009 | Business

Read More: Mortgage, Treasury, Timothy Geithner, Default, Unemployment, Dugan, Business News
Peter Schwartz

Comptroller of the Currency John C. Dugan spoke before the 3rd Annual National Housing Forum of the Treasury's Office of Thrift Supervision today. He ...

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Recession: We're All in This Together

Olivia Rosewood | Posted 01.03.2009 | Living

Read More: Unemployment, Mortgage, Children, Default, Upside Down, Us Financial Crisis, Foreclosure, Under Water, Recession, Living News
Olivia Rosewood

My circle of friends used to be all about playdates and family barbecues. Now our conversations inevitably turn survival: Chapter 13, employment, foreclosures, how to make your lender listen.

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Congress Bails out Those Who Shower Before Work, but not Those who Shower After Work

Leo W. Gerard | Posted 12.26.2008 | Business

Read More: Congress, Phil Gramm, Hank Paulson, Chrysler, United Auto Workers, Senate Banking Committee, Economy, Honda, U.S. Treasury, Cars, Mercedes-Benz, Federal Reserve, $700 Billion Bailout, Vikram S. Pandit, Ford, Charles O. Prince III, Automakers, Nissan, Unemployment, Bailout, Default, George Will, Hyundai, Sen. Jon Kyl, Detroit, Big Three, Financial Crisis, Washington Post, President Bush, Detroit Bailout Reaction, Detroit Bailout, Automaker Bailout, Big Three Automakers, Toyota, Sen. Richard Shelby, Detroit Three, Gm, The Big 3, Chysler, Detroit Automakers, Robert Rubin, Wall Street, Martin Feldstein, Ben Bernanke, Wachovia, Auto Industry, Bankrupt, Citigroup, Business News
Leo W. Gerard

Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.

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