Wall Street: the Real Roadblock to Economic Recovery
When I think about what still needs to be done to build a true economic recovery, I think about workers such as Maria Guerra.
When I think about what still needs to be done to build a true economic recovery, I think about workers such as Maria Guerra.
McClatchy | Greg Gordon | Posted 11.01.2009 | Business
WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but n...
Posted 10.28.2009 | Business
WASHINGTON (AP) -- Sales of new U.S. homes dropped unexpectedly last month as the effects of a soon-to-expire tax credit for first-time owners started...
nytimes.com | IAN URBINA | Posted 10.26.2009 | Business
Over the past two years, government officials and experts have seen an increasing number of children leave home for life on the streets, including man...
Wall Street Journal | James Hagerty | Posted 10.21.2009 | Business
Despite some tentative signs of recovery, the U.S. housing market remains vulnerable to further price drops--especially in areas where large numbers o...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.21.2009 | Business
Mortgage companies are more likely to foreclose on homeowners than modify their loans because they make more money off foreclosures, argues a new repo...
Don McNay | Posted 10.20.2009 | Business
You are not doing your children any favors by not allowing them to grow up. I'm OK with parents helping children through college (in four years, not forty), but after that they are on their own.
Fortune's Stanley Bing | Posted 10.20.2009 | Business
A spirit of enlightened responsibility and mutually assured destruction must be re-established on both sides of the equation -- lender and borrower alike.
Eric Ehrmann | Posted 10.19.2009 | Business
With efforts to rebrand America's national identity in the electronic media falling flat like a bad online date, taking away the dollar's too big to fail status might be the better wake up call.
Pedro Nava | Posted 10.22.2009 | Politics
Mediation is not a one-side concept -- lenders and servicers have every incentive to participate. So what is the better outcome? Foreclosure or a modification that encourage stability?
Christopher Brauchli | Posted 10.15.2009 | Business
JPMorgan Chase is a Big Bank. Us common people just don't understand the challenges that Big Banks face. If we did, we wouldn't expect them to care about us or our financial problems.
CNNMoney.Com | Les Christie | Posted 10.15.2009 | Business
Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, a...
AP | ALAN ZIBEL | Posted 10.15.2009 | Business
WASHINGTON — The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to as...
Loral Langemeier | Posted 10.12.2009 | Living
While many are determined to cut expenses and save as much money as they can, they're still missing one gigantic point. Things will never be the way they were.
Esther Iverem | Posted 10.12.2009 | Entertainment
On a throwback vibe, you could say that Capitalism: A Love Story is the bomb. By exploring the economic system of capitalism as an evil, Moore fires a salvo into the heart of America's social machine.
Chris Savage | Posted 10.12.2009 | Politics
Detroiters converged on Cobo Hall last Wednesday to claim federal aid, giving Rush Limbaugh a chance to mock "Obama's America."
The Huffington Post | Tam Vo | Posted 10.13.2009 | Impact
It's estimated that 7 million more homes are going into foreclosure, which is dramatically changing the the face of those who are without a place to l...
Ann Pettifor | Posted 10.07.2009 | Business
Despite the fact that a quarter of a million Americans lost their jobs last month, many have been persuaded by the media that the recession is yesterday's story.
Arianna Huffington | Posted 10.10.2009 | Business
As bad as America's foreclosure crisis is -- and it's very bad, with over 300,000 homes receiving a foreclosure filing every month -- it's being made even more devastating by the lack of legal assistance available to beleaguered homeowners. READ MORE More HuffPost Game Changers: Politics and Style Announcing My First Pick for the HuffPost Book Club: In Praise of Slowness Attention Fellow Book Lovers: HuffPost's New Books Section Is Here WATCH: Arianna Discusses Race Relations, Letterman Scandal On Joy Behar Show
Anis Shivani | Posted 10.05.2009 | Business
Moore explicitly states that we ought to turn to democracy as the alternative to capitalism. But the opposite of capitalism is not democracy, it is socialism.
Lita Smith-Mines | Posted 10.01.2009 | Living
My trash themed take-away at the end of my car trip? Not all that litters is old, nor is all garbage created equal.
The Huffington Post | Julian Hattem | Posted 09.30.2009 | Business
As part of the Huffington Post's effort to bear witness to the effects of the current economic environment on ordinary Americans, we're rounding up so...
Gihan Perera | Posted 09.25.2009 | Politics
It's always great to be the best at something, isn't it? Florida recently got spanked for coming last in spending federal stimulus dollars on transportation and infrastructure.
Posted 09.24.2009 | Business
By Paul Kiel, ProPublica This story was produced by ProPublica under a Creative Commons license. During the go-go years of the real estate bubble, ...
Beau Friedlander | Posted 10.03.2009 | Entertainment
Every time I see a new Michael Moore movie, America looks a little different to me. I feel an odd mixture of hopefulness, anger, and spiritual fatigue.
Anna Burger | Posted 11.02.2009 | Business