Feds unveil plans to unfreeze consumer debt market
WASHINGTON — The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt w...
WASHINGTON — The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt w...
AP | MARTIN CRUTSINGER | Posted 12.13.2008 | Business
WASHINGTON — Urgently shifting course, the Bush administration is abandoning the centerpiece of its massive $700 billion economic rescue plan an...
Stephen Kaus | Posted 10.23.2008 | Business
If the problem, as "Hank" Paulson repeated Sunday, is that there was no way to value the "troubled" assets, the price is obviously going to be arbitrary. So, why don't we consider it a loan?
New York Times | Peter S. Goodman | Posted 08.05.2008 | Business
"The second half of the year is shot," said Michael T. Darda, chief economist at the trading firm MKM Partners in Greenwich, Conn., who was until rece...
Hale "Bonddad" Stewart | Posted 07.22.2008 | Business
The amount of money banks are setting aside to absorb losses is increasing, as is the amount of money they are charging off. Neither of these are good developments.
AP | JULIE HIRSCHFELD DAVIS | Posted 04.30.2008 | Business
WASHINGTON — Homeowners staggering under mounting mortgage debt and facing foreclosure could get cheaper, government-backed loans under Democrat...
AP | Posted 03.28.2008 | Business
he near doubling in the cost of a college degree the past decade has produced an explosion in high-priced student loans that could haunt the U.S. econ...
AP | JEANNINE AVERSA and MARTIN CRUTSINGER | Posted 12.26.2008 | Business